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IBM to acquire Octo to boost its US government business

CIO Business Intelligence

IBM has announced it is acquiring US-based digital transformation services provider Octo for an undisclosed amount from private equity firm Arlington Capital Partners. On Wednesday, the US Department of Defense announced it is awarding a five-year cloud computing contract worth up to $9 billion to IBM, Amazon, Google and Oracle.

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Kyndryl bolsters its Bridge infrastructure services

Network World

Kyndryl is targeting new AI, mainframe modernization, and security services in the coming months as it looks to build out its Bridge infrastructure integration platform. Bridge is one of Kyndryl’s major services offerings, which include consulting, hybrid cloud, security, and applications services.

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Why Multi-Factor Authentication is Key to Modern Cybersecurity

CIO Business Intelligence

Multi-factor authentication requires users to provide two or more pieces of evidence in order to gain access to a network, application, or system, and can dramatically decrease the likelihood of infiltration. According to a 2021 IBM report , the average cost of a data breach increased by 10% between 2020 and 2021, rising from $3.86

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IonQ opens up Forte quantum computing platform for use on Amazon Braket Direct

GeekWire

IonQ Forte joins two earlier generations of the company’s processing hardware, Harmony and Aria, as options for Amazon Web Service’s Braket quantum computing service. Certain types of problems, ranging from network optimization to codebreaking , are thought to be more easily solvable using quantum processors.

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AWS opens up its Amazon Braket platform as ‘launch pad’ for quantum computing

GeekWire

Eight months after unveiling its Amazon Braket quantum computing platform , Amazon Web Services says the cloud-based service is officially open for business. Some of the first applications could well be in the realm of system optimization, including the optimization of your financial portfolio. IonQ Photo via AWS).

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Tech Moves: Startup Haven grows team to lead new fund; PSL promotions; F5 Networks adds execs

GeekWire

Mehta joined PSL in 2018 from ExtraHop Networks, where she was CFO. Tableau Software CEO Adam Selipsky will be the new CEO of Amazon Web Services, replacing Andy Jassy, who will take over as Amazon’s CEO later this year. F5 Networks Photos). — Her research covers machine learning, data mining and neural networks.

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The box is open: AWS Center for Quantum Computing is definitely alive at Caltech

GeekWire

Physicists say the approach is particularly well-suited to tasks such as network optimization, prime factorization and encryption, and simulations of molecular interactions for materials science. Reducing the error rates will be a requirement for many of the applications for quantum computers. AWS Photo). AWS Photo). AWS Photo).