IBM Revenues Continue to Lose Steam

The Systems and Technology segment, which accounts for 13.7% of total revenues, declined the most. Two of the segment’s subcategories, Power Systems and System X, saw sales fall 38% and 18% respectively, most of which was because of a slowdown in demand from growth markets.
The Software segment fared only slightly better, posting revenue growth of 0.6% but reported the highest gross margins of 88%. In this segment, sales from Operating Systems reported a 4% drop while Middleware’s revenues increased 3%.
The Global Technology Services segment declined due to a fall in revenues from existing accounts and low margin contracts. Revenues from the Global Business Services segment improved marginally by 0.4% backed by initiatives like Analytics, Cloud and Smarter Planet.

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IBM

HP Serves Up Aces to Take The Lead From IBM

Hewlett-Packard Company (HPQ) overcame intense competition to take back the number one position in the global server market by securing a 28.1% factory revenue share in the third quarter (3Q) of fiscal year 2013 (FY13), an year-over-year (YoY) increase of 1.5%. This jump was the result of increased demand for the x86 architecture based ProLiant servers.

IBM (IBM) slipped down to number two with a 23.4% factory revenue share, a decline of 4.5% from 3Q of last year. The decrease in demand for IBM’s System X and Power Systems was the main reason for the decline. Dell Inc. (Dell) maintained its position in third place but its market share declined 6% to 16.2% due to lower sales of servers and custom built systems. Oracle Corporation (ORCL) also saw its market share fall due to a decrease in the demand for Unix servers while ODM Direct gained market share, moving up to 6.5% from 4.3%. Cisco's (CSCO) market share also increased from 3.3% to 5.0%.

Read More : HPQ - IBM - DELL

IBM Company Description

IBM is one of the oldest tech giants formed after the consolidation of three different companies. It currently operates in five segments namely: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. It earns 57% of its revenue from Global Services, which provides services to clients ensuring efficiency in processes and operations. The Software segment accounts for 24% of revenues, and provides middleware and operating systems. Systems and Technology, which comprises 17% of total revenues provides hardware such as servers and mainframes. The company’s current strategy is focused around Smarter Planet, Growth Markets, Business Analytics and Cloud Computing. Read More: IBM

International Business Machines Corporation (NYSE:IBM) – Tech Time Warp of the Week: IBM Speech Recognition, 1986

A pair of carefully painted lips, a feathered head-of-hair, pearl earrings, a pink button-down beneath a blue sweater, synthesizer music, a personal computer with a floppy drive, and a monochrome display. Welcome to the 1980s.

  

At first, the display is blank, except for a flashing green cursor. Is it waiting for someone to type? No, it’s not. This PC is different from the average DOS machine. When those carefully painted lips say the word “speaking,” the letters arrive on the display, as if by magic. Then we see that those lips belong to a perfectly coiffed spokesmodel. “I talk,” she says, “and the words appear on the computer screen.” And then these words appear on, well, you get the idea.

This little piece of computer history appears in an IBM promotional video that says as much as about the culture of the times as the technology (see above). The year is 1986. IBM is still the king not only of the PC world, but the tech world as a whole, and with the video and a spokesmodel that could come from no other decade Big Blue shows off its early efforts in speech recognition software. Read more.

IBM's CFO Loughridge to retire by year-end

IBM's (IBM) Chief Financial Officer Mark Loughridge is retiring at the end of the year after almost a decade on the job as the technology services provider struggles with declining revenue and weakness in emerging markets.

Loughridge, who joined International Business Machines in 1977 as a development engineer, will be succeeded by Martin Schroeter, who was previously IBM's head of global finance, the company said in a filing to the Securities and Exchange Commission on Thursday. In December, Loughridge will turn 60, IBM's traditional retirement age, a spokesman said.

  

However, three sources with knowledge of discussions about management said originally Loughridge was set to leave in 2015 but that a number of factors had led to his earlier departure. In addition, James Kavanaugh, vice president and controller at IBM, may take on a new role as well, the sources said. Read more.

International Business Machines Corporation IBM SmartCloud for Government Receives FedRAMP Authorization from U.S. Federal Government

IBM’s SmartCloud for Government, infrastructure as-a-service cloud platform, has been granted Provisional Authorization to Operate (P-ATO) from the Federal Risk and Authorization Management Program (FedRAMP) Joint Authorization Board (JAB). With this approval, IBM’s SmartCloud for Government has achieved all the current critical security authorizations required by the government ahead of the June 2014 government deadline.

IBM’s SmartCloud for Government, FISMA and FedRAMP-compliant cloud environment is part of IBM’s (NYSE: IBM) established and dedicated Federal Data Centers (FDC) in Colorado and North Carolina. These rigorous security assessments help agencies looking to meet U.S. government Cloud First Computing mandate make more informed choices on platforms. Launched in 2010, the IBM SmartCloud for Government provides one of the industry’s most secure and comprehensive certified multi-tenant cloud computing environments. Numerous US Federal Agencies are already taking advantage of IBM’s secure and resilient cloud offerings leveraging ATO’s across DOD and Civilian. Read more.

IBM Unveils New Design Studio to Transform the Way Clients Interact with Software and Emerging Technologies

IBM (NYSE:IBM) today announced the opening of a state-of-the-art product design studio in Austin, Texas that will focus on how a new era of software will be designed, developed and consumed by organizations around the globe.

From this studio, IBM will transform how the company designs software across all IBM, including Big Data, cloud, mobile, social software and cognitive solutions.  This new space is built for direct collaboration, bringing together designers, developers and product managers to help IBM change its approach to softwar. Read more.