IBM

IBM Cloud helps Pace Automation transform local 'Kirana' stores into e-tailers

IBM Cloud helps Pace Automation transform local 'Kirana' stores into e-tailers

New Delhi [India], Mar 23 : IBM on Thursday announced a strategic partnership to offer 'RetailSmart', an end-to-end fully integrated solution that will enable local 'Kirana' (unorganized) stores to become ecommerce ready.

Powered by IBM Cloud, the solution allows Kirana stores to deliver a convenient online shopping experience to consumers and pay safely using a convenient payment mode (irrespective of the size of the purchase).

According to industry reports, the current number of Kirana stores in India is pegged to be at 15 million.

PDM University collaborates with IBM Corporation

PDM University collaborates with IBM Corporation

New Delhi [India], Feb 28 : One of the premier hubs of education in Bahadurgarh, (Delhi-NCR), PDM University has collaborated with multinational technology company, IBM Corporation through its IBM Career Education program to introduce and launch co-branded specialized engineering and management programs.

The joint initiative is aimed to make students from the university employment ready when they graduate.

A Memorandum of Understanding (MoU) has been signed between IBM and PDM University, in this regard with a aim to build skills in the area of cloud computing and big data analytics and develop sufficient industry needed skills for manpower on cloud computing, big data and analytics.

IBM and XPrize announce $5 Million Competition to Tackle Global Problems

IBM and XPrize announce $5 Million Competition to Tackle Global Problems

In an attempt to solve some humanity’s thorniest problems, IBM and XPrize launched the IBM Watson A.I. XPrize on Wednesday. It’s a $5 million challenge that asks participants to use IBM’s artificial intelligence platform to apply AI in the best possible way.

The initiative, dubbed ‘IBM Watson A.I. XPRIZE: A Cognitive Computing Competition’, encourages challengers to think and solve global problems, such as climate change, education and medicine, with the help of AI. The challenge was announced at TED2016 conference in Vancouver.

The challenge, which is going to kickoff next year, will ask participants to go head-to-head at IBM’s annual World of Watson conference. The teams will show their projects to win interim prizes and enter the next year’s competition.

Developers of AI now have an added incentive to pursue their work: $5 million dollars

Developers of AI now have an added incentive to pursue their work: $5 million

Artificial intelligence (AI) developers are now having an added incentive to chase their goals: $5 million dollars. The announcement regarding the prize money came on Wednesday at the annual TED conference, in a joint project between technology giant IBM and X Prize. X Prize is the company that was behind the world’s first private space race to visit the moon.

Motivating the competition backers is one of the other things it is a desire to showcase the potential advantages to mankind of advances in AI however some skeptics aren’t convinced so far.

At the time of unveiling the prize, X Prize founder Peter Diamandis said that he was personally sick and fed up of the dystopian conversation related to artificial intelligence.

IBM pledges $5 million in prizes for whoever makes biggest breakthrough using Watson

IBM pledges $5 million in prizes for whoever makes biggest breakthrough

IBM has been motivating developers to create apps with the help of its Watson artificial intelligence system, which as per the company is going to be a huge moneymaker for it in the near future.

The company kicked off its latest push on Wednesday, promising $5 million in prizes for the one, who builds biggest breakthrough with the help of Watson by 2020.

The company said, “We're inviting teams from around the world to develop and demonstrate how humans can collaborate with powerful cognitive A.I. technologies capable of solving some of the world's grand challenges”.

By grand challenges, the company is thinking of something huge, listing past achievements, including the moon landing, human genome mapping, and attempting to deal with climate change.

Companies to Feature IBM Watson Cognitive System

Companies to Feature IBM Watson Cognitive System

Several companies will now be using the IBM’s Watson cognitive system to enhance their applications. Under Armour, Softbank Robotics’ Pepper and others have entered a strategic partnership with IBM for access to IBM Watson’s machine learning algorithms and AI. Watson will be used by these companies to enhance the intelligence and personalization of their applications and other services.

This marks the latest move in the expansion of IBM’s Watson, following the launch of a Cognitive Business Solutions facility and a distinct IoT hub in Germany earlier in the year. IBM CEO Ginny Rometty revealed that the company has undertaken nearly 30 acquisitions for enhancing its proficiency and database.

IBM records dip in Profits, Lowers Estimate for Full Year

IBM records dip in Profits, Lowers Estimate for Full Year

International Business Machines (IBM) Corp reported a dip of nearly 4% in the shares. The company suffered losses in the third fiscal quarter and also reduced its estimation for rest of the year.

During the quarter that ended September, IBM’s revenue went down by 14% on a year on year basis to $19.3 billion. This record was lower than the estimated $19.63 billion scale.

The Software revenue for IBM amounted to $5.1 billion showcasing a dip of about 10%. The revenue fall was noted in segments of Middleware products including WebSphere, Information Management, Tivoli, Workforce Solutions and Rational products

The company’s total revenue from Middleware products turned out to be $3.4 billion showing a decline of 7% on a year on year basis.

Teva Pharmaceuticals and IBM Partner to look for data health solutions

Teva Pharmaceuticals and IBM Partner to look for data health solutions

It has been announced by IBM Watson Health and Teva Pharmaceutical Industries Ltd. that Teva has been chosen as its first Foundational Life Sciences Partner for the Watson Health Cloud. With this, Teva will be the first global pharmaceutical company to use the power of the Watson Health Cloud to help patients and healthcare providers across the world.

IBM Watson Health introduces IBM Watson Health Cloud for Life Sciences Compliance and IBM Watson Care Manager

IBM Watson Health introduces IBM Watson Health Cloud for Life Sciences Complianc

IBM Watson Health has decided to expand its services. It has introduced its new offerings, the IBM Watson Health Cloud for Life Sciences Compliance and the IBM Watson Care Manager, to expand IBM Watson Health Cloud.

IBM Watson Health announced that it is going to expand its services. The company has decided to expand IBM Watson Health Cloud by offering new offerings at the IBM Watson Health Cloud for Life Sciences Compliance and the IBM Watson Care Manager.

According to IBM Watson Health, the IBM Watson Health Cloud for Life Sciences Compliance will work with a number of biomedical companies and help them introduce their newly invented products in the medical sector efficiently.

IBM, GENCI collaborate to Speed up Path to Exascale Computing

IBM, GENCI collaborate to Speed up Path to Exascale Computing

On Friday, the computer hardware company, IBM, announced that it is going to collaborate with French agency the Grand Équipement National de Calcul Intensif (GENCI). The motive of the partnership will be to generate some scientific codes to accelerate exascale computing. It is an ability of computing systems which allows at least one exaflop per second.

Today, about 10 to 33 petaflops are performed by the world’s fastest systems. While announcing the partnership, the Armonk, New York, headquartered IBM said, “Put into context, if exascale computing is the equivalent of an automobile reaching 1000 miles per hour, today’s fastest systems are running within a range between ten and 33 miles per hour”.

Linux Foundation launches Open Mainframe Project for Companies Using Mainframe Computers

Linux Foundation launches Open Mainframe Project for Companies Using Mainframe

The Linux Foundation announced on Monday the launch of Open Mainframe Project. According to the non-profit technology trade association, the project is an open source endeavor that could provide help to those companies that use mainframe computers.

The new project has been driven by International Business Machines (IBM), which is the major supplier of mainframe computers. It has also announced to join hands with Canonical to design a Linux mainframe that runs Ubuntu Linux.

It has been about 15 years since Linux has been operating on mainframes. While talking about the new project, Jim Zemlin, executive director at the Linux Foundation, said the project is the result of increasing demand.

IBM to make use of Artificial Intelligence in Medicine

IBM to make use of Artificial Intelligence in Medicine

International Business Machines Corp. has been known for its variety of work outside its core area of business. Now, the American multinational technology has planned to shift from helping hospitals run smoothly to lending a hand in the examination room.

It has been said that IBM with its move aims to put artificial intelligence into use in medicine. The Merge Healthcare Inc. which sells system that help doctors store and access medical images has 30 billion images, including X-rays, computerized tomography, and magnetic-resonance-imaging scans as its crown jewels.

IBM announces acquisition of Merge Healthcare

IBM announces acquisition of Merge Healthcare

IBM Corp announced its decision to acquire Merge Healthcare Inc, which is the manufacturer of healthcare imaging equipment, to strengthen its new healthcare venture.

The deal worth $1 billion will enable IBM to develop a combination of data and images developed through Merge Healthcare's medical imaging unit and Watson's cloud-based healthcare computing system.

Under the new system, huge volumes of data will be handled and analyzed. The end product will be of utmost use to doctors and medical professionals in handling the patient information and inventories. The major significance will be in taking a quick look at patient's health history including his family's health history too.

IBM To Buy Merge Healthcare Inc in $1 Billion Deal

IBM To Buy Merge Healthcare Inc in $1 Billion Deal

IBM Corp recently said in a statement that it would buy Merge Healthcare Inc in a $1 billion deal. The American multinational also stated that it will merge the medical image company with it newly formed health analytics unit, powered by its famous Watson supercomputer.

By doing so, IBM is planning to combine data and images from Merge Healthcare's medical imaging management platform and Watson's cloud-based healthcare computing system.

The deal will prove to be beneficial for physicians and researchers to collect and analyze data such as patient's medical and family history, data on others with similar symptoms and clinical research, trials and outcomes.

IBM Watson Now Learning Japanese

IBM Watson Now Learning Japanese

The IBM's Watson super-brainy computing technology, which has helped in managing massive data and has defeated champions on the Jeopardy TV show, is now learning Japanese. The move has been taken to share Watson with startups and universities for a variety of consumer applications, starting October.

Senior Vice President of Watson Mike Rhodin told reporters that Watson has proven to be an effective tool in handling a large amount of unstructured data, such as clinical tests, information on drugs and regulations in the legal field. He added that Watson can also help teachers.

IBM is also teaming up with CVS Health to harness the power of the Watson supercomputing brain to bring radical changes in how the care of patients with chronic conditions is managed.

IBM to Provide Milk Transportation Service to its Breastfeeding Employees

IBM to Provide Milk Transportation Service to its Breastfeeding Employees

IBM, the American multinational technology and consulting corporation, has come up with a new policy to provide milk transportation service for breastfeeding women who are away from their babies due to work commitments.

IBM vice president of benefits Barbara Brickmeier said in a statement that the new policy aims to help the company's employees to balance their home and work life.

Employees who will like to take advantage of the service will be able to pump while travelling. The milk will then be shipped in a temperature-controlled package and will be delivered home to their babies' carers.

Carbon Nanotubes Could Filter Water More Efficiently and Cheaply: IBM

Carbon Nanotubes Could Filter Water More Efficiently and Cheaply: IBM

IBM using crowd sourced supercomputing power discovered that carbon nanotubes could filter water more efficiently and at a far lesser rate than commonly available methods used for water purification.

Findings of the research published in the journal Nature Nanotechnology on Monday, July 6th showed that how the tiny, hollow nanotubes could filter out impurities in water.

Earlier scientists thought that nanotube, which appears similar to the graphite in pencils, would slow down the flow of water at a level that it becomes effective filter.

IBM's Watson to transform cancer patient care in 14 US and Canadian cancer institutes

IBM's Watson to transform cancer patient care in 14 US and Canadian cancer

On Tuesday, International Business Machines (IBM) announced that Fourteen US and Canadian cancer institutes will use company's Watson computer systems to choose therapies based on a tumor's genetic fingerprints.

Watson has been recognized broadly for beating two champions of the game show Jeopardy! in 2011. It will now sift through thousands of mutations and try to identify which is driving the tumor.

According to IBM, this will be the latest step towards bringing personalized cancer treatments to more patients. Cancer patient care will be transformed by IBM Watson for Oncology.

IBM Claims Advance in Race of Developing Universal Quantum Computer

IBM Claims Advance in Race of Developing Universal Quantum Computer

The race to develop a universal quantum computer is gaining up speed, now IBM claimed a breakthrough that paves the way to large-scale systems that can operate reliably.

IBM researchers have recently developed error-correction techniques that can maintain the integrity of computations performed using qubits, or quantum bits.

Quantum computing has been viewed as a way to advance beyond today’s PCs and servers. A company called D-wave systems has already made a purpose-built quantum computer that is useful for specific tasks.

IBM’s significant investments could prove harmful for future of BlackBerry's Operating System

IBM’s significant investments could prove harmful for future of BlackBerry's

Last year, BlackBerry made a healthcare-related investment that according to many was a great opportunity for the company to grow its user base. Unfortunately, BBRY was slow in action and IBM has been aggressive in the space.

As a result of IBM and AAPL's expanded partnership, and IBM's recent partnerships, it's likely that BBRY will not have much hope in the $20 billion healthcare analytics market.

BlackBerry is a company that has been trying to use health care for securing customers for its mobile operating system and to possibly drive hardware sales higher.

However, the bigger and more significant investments done by IBM can put a lot of struggle in that plan. This could prove harmful for the future of BlackBerry's operating system.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content