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IBM’s revenue rises for the first time in nearly six years

“Its adjusted profit of $5.18 per share was a penny above analysts estimates” reports foxbusiness.com. IBM’s cloud business grew 30 percent in the fourth quarter.That has helped its revenue decline slow down in recent quarters and finally turn a corner last quarter.International Business Machines Corp’s (IBM) revenue rose for the first time in 23 quarters and beat analysts’ estimates as the company’s shift into its focus areas such as cloud computing and security services gains traction.IBM’s shares tumbled about 4 percent in extended trading on Thursday. Source: foxbusiness.com Share This:

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Google AutoML Simplifies Machine Learning By Cutting Down On Coding

“Google released a tool that lets users create their own machine learning algorithms without having to code” writes Jean-pierre Chigne for techtimes.com. AutoML Vision allows developers without machine learning expertise to create their own image recognition models.AutoML only works for computer vision models at the moment, but Google wants to branch out into other machine learning areas including speech, translation, and video.There are also others such as Clarif.ai that have similar services for machine learning. Source: techtimes.com Share This:

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Cyber attack damage could cost as much as Hurricane Katrina 

“A cyber attack against a major cloud computing firm could cause as much financial damage as Hurricane Sandy or Hurricane Katrina, the World Economic Forum and risk manager Marsh have warned” writes Tim Wallace for telegraph.co.uk. Increasing numbers of businesses and individuals rely on cloud services for their IT, trusting some of the world’s biggest technology companies to offer safe, good value services over the internet.But this also concentrates risk in a handful of places, which are attracting increasing attention from criminal hackers and malign states. “If an attacker took down…

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Forrester forecasts 5 percent growth in global tech market over the next two years

“For more of Forrester’s global tech market outlook for 2018 and 2019, check out the latest forecast here [subscription required]” writes Forrester Research for zdnet.com. Measured in US dollars, tech market growth will be stronger in 2018 at 6 percent due to a slightly weaker US dollar, then slow to 4.6 percent growth in 2019.Forrester projects that the global tech market for business and government purchases of technology goods, software, and services will grow by around 5 percent in 2018 and 2019 (subscription required) measured in constant currencies.Here are the…

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Google announces plans for five new cloud computing regions, as well as new undersea cables

“In 2018 Google will launch five new cloud computing regions around the world, adding capacity as it gears up to take on its cloud rivals” writes Tom Krazit for geekwire.com. Google also announced plans for three new undersea cables that will connect its data centers around the world.Despite being the longtime third wheel in the cloud computing market, Google’s problem has never been its computing infrastructure; Google invented a lot of the techniques and tactics that modern data centers use to meet customer demand. Source: geekwire.com Share This:

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Voice Assistants To Draw Customers Away From Websites, Physical Stores

“For many organizations, moving legacy applications to the public cloud can take longer and be more expensive than originally anticipated” writes Sara Castellanos for wsj.com. Adopting a hybrid cloud environment can ease the transition to the cloud, as can a review of legacy applications for current dependencies and for proper performance in the cloud. In addition, if an organization already uses virtual machine technologies, it may be able to keep much of its current IT environment in a transition to the cloud. Source: wsj.com Share This:

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The Morning Download: Alibaba, Microsoft AI Bests Human Reading Comprehension

“For many organizations, moving legacy applications to the public cloud can take longer and be more expensive than originally anticipated” writes Steve Rosenbush for wsj.com. Adopting a hybrid cloud environment can ease the transition to the cloud, as can a review of legacy applications for current dependencies and for proper performance in the cloud. In addition, if an organization already uses virtual machine technologies, it may be able to keep much of its current IT environment in a transition to the cloud. Source: wsj.com Share This:

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IBM may be prepping for massive changes at Global Technology Services group

“The fact is that companies are moving away from running their own data centers and shifting to public cloud services” writes Ron Miller for techcrunch.com. Against that backdrop, The Register published an article yesterday suggesting there could be massive changes afoot for the company’s Global Technology Services group.IBM has been a company adrift for the last several years with 22 straight quarters of declining revenue. Source: techcrunch.com Share This:

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Cloud companies consider Intel rivals after the discovery of microchip security flaws

“Intel will help customers find the best approach in terms of security, performance, and compatibility, it said in a statement on Tuesday” writes unknown author for cnbc.com. Moving from Intel to AMD is easiest since AMD and Intel chips share a common core technology called the x86 instruction set, they said.Cloudflare, a San Francisco cloud network company, has been evaluating ARM chips. Source: cnbc.com Share This:

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IBM leads on patents for 25th straight year

“IBM received more than 9,000 patents in 2017, setting a record and topping all other companies for the 25th consecutive year, according to a press release on Tuesday” writes Thomas Barrabi for foxbusiness.com. Tech giants Apple and Amazon fell outside the top 10, with 2,229 patents and 1,963 patents, respectively.IBM has been awarded more than 100,000 patents since 1993, the company said.”Today, nearly half of our patents are pioneering advancements in AI, cloud computing, cybersecurity, blockchain and quantum computing – and all are aimed at helping our clients create smarter…

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