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Software and consulting boost IBM results to start the year

CIO Business Intelligence

IBM posted strong revenue numbers to start the year, as CEO Arvind Krishna continues to focus the company on hybrid cloud and AI. This was the first quarter IBM reported results since it spun out its managed infrastructure services business under the new name of Kyndryl. Revenue for the first quarter of 2022 was $14.2

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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. The Seattle angel investor and tech veteran has made a tradition of tracking capital expenditures on his blog, Platformonomics , to “separate the clouds from the clowns,” as he puts it.

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IT services company Atos plans IBM-style split

CIO Business Intelligence

French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. Like IBM, Atos has a supercomputing business, operates its own data centers, and offers software, consulting, and IT services — albeit on a smaller scale.

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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

IT services company Atos has found a buyer for its legacy managed infrastructure services business as it prepares for an IBM-style split between faster- and slower-growing activities. billion; its net loss increased slightly to €600 million, from €503 million a year earlier. EPEI has little experience managing technology companies.

IBM 98
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Rumors Of VMware's Demise Are Greatly Exaggerated

Forrester IT

Whether it be the continuous pressure of public cloud offerings, losing the management tools game, or tech professionals evolving past their current offerings, the company faces some very real, critical threats. billion and GAAP net income at $232 million. It has retreated into a position of strength: its software.

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2014 Stevens Honor Award – Grandfather of the Internet, Dr. David J. Farber

CTOvision

In 1971, at University of California at Irvine that Farber and several colleagues hit on the idea of distributed computer systems or DCS, multiple microcomputers running and sharing data and software with one another remotely using token ring technology, an early forerunner of cloud computing.

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How to modernize and accelerate mainframe application development

CIO Business Intelligence

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Tap into open-source software Mainframe-dependent businesses often think that open source is just for cloud-based products – but that assumption is incorrect.