Ibm Growth

IBM shares near record level as company shifts focus to software, AI

International Business Machines Corp. is up 26 per cent this year, beating tech giants like Apple Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc

Move near an office or leave company: IBM's ultimatum to its managers

Many companies have increased return-to-office requirements over the last year, replacing employee-friendly incentives like happy hours and commuter subsidies

IBM, Amazon Web Services collaborate to set up innovation lab in Bangalore

IT company IBM on Tuesday said it has set up an innovation lab in Bangalore in collaboration with Amazon Web Services. IBM clients will be able to test prototypes of joint IBM-AWS solutions, including those related to generative AI, at the IBM Innovation Lab, the company said in a statement. Anuj Malhotra, Vice President and Senior Partner, Growth Platforms, IBM India Client Innovation Centre for IBM Consulting with the IBM Innovation Lab being launched in collaboration with AWS in India, the objective is to showcase the full potential of the joint value proposition that IBM and AWS offer to clients from across the world. "Clients can now experiment with the latest cloud-enabled technologies including generative AI in our lab, before actually implementing and scaling solutions on AWS," Malhotra said. The lab is a first of its kind for the IBM-AWS collaboration and is open to clients from around the world to explore joint IBM-AWS solutions and test prototypes and proofs of value tha

Technologies like quantum computing core for India's growth: MoS IT

Quantum computing has been gaining pace in recent times as tech leaders look to solve scale related problems that need high computing power

IBM begins closing business, laying off staff in Russia: CEO Arvind Krishna

IBM has started an "orderly wind-down" of its business and laying off the workforce in Russia with its CEO Arvind Krishna saying the IT giant will continue to stand by its employees in the country.

We foresee major outsourcing by India clients ahead: IBM GBS country head

In a Q&A Kamal Singhani talks about outsourcing trends, adoption of cloud, digital and AI by Indian enterprises and his firm's approach to startups

Slowing spend by telcos drags IBM India earnings; FY19 net down 12%

The company's net margin stood at 8.89% in FY19, compared with 9.88% in the year-ago period

IBM returns to growth after six years, but dour forecast hits shares

The company forecast stable margins and revenue growth for 2018