Tag Archives: IBM

IBM says SEC is investigating how it reports cloud revenues

IBM is the subject of a probe by the U.S. Securities and Exchange Commission into how it reports revenue related to its cloud computing business, the vendor revealed Wednesday.

“In May 2013, IBM learned that the SEC is conducting an investigation into how IBM reports cloud revenue,” the company said in a filing with the SEC. “IBM is cooperating with the SEC in this matter.”

“IBM’s reporting of cloud revenue is the result of a rigorous and disciplined process,” IBM spokesman Ed Barbini said via email on Wednesday. “We are confident that the information we have provided has been consistently accurate.”

Further details of the investigation weren’t available.

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Source: FULL ARTICLE at PCWorld

The power user’s guide to picking the perfect keyboard

Look down at your fingers for a second, then look back up here. Chances are you’re still using the same cheap plastic keyboard that came with your PC, and that’s a pity.

The keyboard is your primary tool, the unsung workhorse of your day. Without it, you couldn’t get anything done—but I’ll bet you haven’t spent 5 minutes thinking about how you could improve your typing experience. If you’re willing to pay for premium PC hardware, finding the perfect keyboard can be worth the investment in time and cash.

Keyboard manufacturers have been refining their craft since IBM made the first Model M, and today the market is chock-full of premium hardware. The only trick is figuring out which model is just right for your particular needs.

Cutting the cord

The first decision you have to make is whether to stick with a wired keyboard. Choosing a wireless keyboard is an easy way to start clearing a cluttered desk, but it has plenty of downsides, too.

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Source: FULL ARTICLE at PCWorld

Amazon Web Services files complaint in court over CIA contract

Amazon Web Services has filed a complaint in a U.S. court after the Government Accountability Office sustained in part a protest by IBM against the award of a contract by the CIA for a cloud computing project.

IBM had challenged the evaluation of proposals and the selection decision in the award of the CIA contract for commercial cloud services to AWS in Seattle, Washington.

The bid protest complaint filed by AWS on Wednesday in the U.S. Court of Federal Claims is under seal as some of the information contained in it is under a protective order from the GAO.

“We believe strongly that the CIA got it right the first time. Providing true cloud computing services to the intelligence community requires a transformative approach with superior technology,” AWS said in an emailed statement.

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Source: FULL ARTICLE at PCWorld

IBM Throws Its Weight Behind Cloud Foundry

IBM and Pivotal announced at the O’Reilly Open Source Convention (OSCON) that the two would collaborate on development of the popular Cloud Foundry development platform. The partnership will be make it easier for developers to deploy and manage cloud applications, and will be great for businesses looking to take advantage of the cloud.

The Cloud Foundry website describes it as an open source platform-as-a-service (PaaS) that gives developers the freedom to choose the cloud services, developer frameworks, and application services that meet their needs. According to the Cloud Foundry About page, “Cloud Foundry makes it faster and easier to build, test, deploy and scale applications.”

IBM may not have the clout it once carried before the rise of Microsoft, but Big Blue is still a powerful name in IT, and recently it has been a driving force behind open source cloud projects. IBM has been a leading supporter of OpenStack, an open source cloud infrastructure initiative. By working with Pivotal to foster development of the Cloud Foundry platform, IBM is now expanding its support for both open source, and the cloud.

Al Hilwa, an IDC analyst focused on application development software, shared some thoughts on the Cloud Foundry news. “Given this announcement, I expect to see IBM invest in this project and help drive its governance forward to really achieve critical mass. Cloud Foundry has already garnered significant support from many players and has built up an ecosystem, but putting IBM’s imprimatur and resources behind it will be felt in the industry.”

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Source: FULL ARTICLE at PCWorld


By System Admin 77

Hello Everyone,

I got a question regarding NTP (Network time protocal) in AIX.

AIX is new in our environment. so’ we do not have any time server that is useful for new LPARs.
so’ i tried using IBM steps to configure NTP server on one of our test/lab LPARs.

I used the below link to make it work. But it did not working.

IBM Configuring NTP on AIX 5L – United States

ON one of AIX LPAR –> to make it as NTP server

[root@LPAR1]> tail -7 /etc/ntp.conf
# Broadcast client, no authentication.
driftfile /etc/ntp.drift
tracefile /etc/ntp.trace

[root@LPAR1]/>lssrc -ls xntpd
Program name: /usr/sbin/xntpd
Version: 3
Leap indicator: 00 (No leap second today.)
Sys peer:
Sys stratum: 4
Sys precision: -18
Debug/Tracing: DISABLED
Root distance: 0.000000
Root dispersion: 0.010010
Reference ID:
Reference time: d597cdae.de0e3000 Mon, Jul 22 2013 11:26:38.867
Broadcast delay: 0.003906 (sec)
Auth delay: 0.000122 (sec)
System flags: pll monitor filegen
System uptime: 1576 (sec)
Clock stability: 0.000000 (sec)
Clock frequency: 0.000000 (sec)
flags: (configured)(refclock)(sys peer)
stratum: 3, version: 3
our mode: client, his mode: server
Subsystem Group PID Status
xntpd tcpip 8585346 active

another LPAR (Client)


[root@LPAR2]/>ntpdate -d
22 Jul 11:24:58 ntpdate[9437240]: 3.4y
server, port 123
stratum 0, precision 0, leap 00, trust 000
refid [], delay 0.00000, dispersion 64.00000
transmitted 4, in filter 4
reference time: 00000000.00000000 Thu, Feb 7 2036 1:28:16.000
originate timestamp: 00000000.00000000 Thu, Feb 7 2036 1:28:16.000
transmit timestamp: d597cd4d.f8c23000 Mon, Jul 22 2013 11:25:01.971
filter delay: 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000
filter offset: 0.000000 0.000000 0.000000 0.000000
0.000000 0.000000 0.000000 0.000000
delay 0.00000, dispersion 64.00000
offset 0.000000

22 Jul 11:25:02 ntpdate[9437240]: no server suitable for synchronization found<br …read more

Source: FULL ARTICLE at The UNIX and Linux Forums

Wall Street Beat: Software a bright spot as tech results bring gloom

Though software sales provided a ray of light in otherwise mixed results this week, gloom settled over the tech sector Friday in the wake of bellwether IT quarterly earnings reports.

The broad Standard & Poor’s 500 Index managed to close Friday at a record high of 1,692.09, but the tech-heavy Nasdaq dropped 23.66 points to 3,587.61, and the Dow Jones industrial average declined 4.65 points to 15,543.89. Of the five tech stocks on the Dow, only Intel traded up slightly, while Microsoft, IBM, Cisco Systems and Hewlett-Packard were down.

“Overall I’d say the earnings confirmed some common themes — software is going to do better than hardware and services,” said Forrester chief economist Andrew Bartels.

In Forrester’s latest forecast for the global tech market, issued last week, Bartels lowered expectations for spending on IT goods and services to 2.3 percent growth measured in U.S. dollars, from the January estimate of 3.3 percent. Calculated in local currencies, the forecast looks better, at a 4.6 percent increase, but recession in Europe and slower growth in China is putting a damper on tech purchases by any measure.

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Source: FULL ARTICLE at PCWorld

IBM says profit, revenue fell but raises expectations for year

A rebound for IBM failed to materialize in the second quarter, as profit and sales declined along with a slump in revenue from hardware and services.

However, in its quarterly financial report Thursday, the company raised its forecast for earnings per share, excluding restructuring charges, for the year.

Second-quarter net income declined 17 percent from the year-earlier period to US$3.2 billion, while revenue declined by 3 percent to $24.9 billion. Adjusting for currency fluctuations, revenue was down 1 percent.

Revenue was under the forecast of $25.37 billion from analysts polled by Thomson Reuters. However, operating earnings per share, excluding restructuring charges, was $3.91, above the analyst forecast of $3.77.

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Source: FULL ARTICLE at PCWorld

Lenovo turns to software partnerships to expand server business

Lenovo is expanding software partnerships as it tries to break into a server market dominated by Hewlett-Packard, IBM and Dell.

Its first such partnership expansion, announced Tuesday, is with VMware on virtualization products. Lenovo will bundle ThinkServer products with VMware’s vSphere with Operations Management.

The servers with VSOM are targeted at customers of small and medium-sized businesses who want higher performance and server utilization rates, said Sean Gilbert, senior alliances manager at Lenovo.

Lenovo has been pursuing the server market for a few years now with single- and dual-socket rack and tower offerings. However, Lenovo offers only basic hardware while competitors and market leaders like HP, Dell and IBM sell servers that combine homegrown hardware, networking, storage and software products.

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Source: FULL ARTICLE at PCWorld

The Trouble With Earnings: Good Profits, Bad Revenues

By The Associated Press

American Dream window shopping

Filed under: ,


Procter & Gamble had been on a tear.

The company’s stock had climbed 22 percent since the start of the year as the maker of Tide detergent and Crest toothpaste turned in better profits for two quarters in a row. Last Thursday, P&G reported even higher earnings. And its stock immediately dropped 6 percent.

What happened? Like so many other big companies reporting results recently, P&G hit its target for earnings but missed on revenue. Nearly halfway through the first-quarter earnings season, Corporate America is still reporting solid profits, with seven of every ten big companies hurdling over Wall Street‘s expectations. Sales, however, are another story.

Nearly the same proportion of big companies – six out of ten – have fallen short of revenue targets, according to S&P Capital IQ. The tally so far looks grim: Revenue has shrunk 2.4 percent compared with last year.

“The norm is becoming, beat your earnings, but miss on revenue,” says Scott Freeze, president of Street One Financial.

Two problems persist: Europe‘s ongoing recession and slower economic growth in China. Because nearly half of revenue for Standard & Poor’s 500 companies comes from abroad, it would seem logical to think the problem is just overseas. But many companies with a U.S. focus have also reported disappointing revenue.

Freeze says that revenue presents a more accurate picture of Corporate America‘s health. “You can play with the earnings numbers and have them skewed,” he says. “But you can’t mess with the revenue numbers – they are what they are. If people are not coming in droves to buy your products, your revenue’s going to miss even if your earnings beat.”

Aside from Apple’s falling profit and some other high-profile flops, the headline numbers for first-quarter earnings appear solid. So far, 271 companies in the S&P 500 have said earnings are up 5 percent over the year before. And 189 of them have cleared Wall Street‘s estimates.

Investors say that’s no surprise. They believe companies set the bar so low that it’s easy to jump over it. The 3.6 percent earnings growth analysts expect to see after all the results are tallied works out to $26.36. That’s just $1 more than the same period last year.

As one company after another turned in weak revenue results last week, analysts, investors and economists started raising concerns about the prospect for future profits.

Some of the biggest names in Corporate America have disappointed, including Google, JP Morgan Chase and IBM, which posted its first drop in revenue in three years. In the past week, AT&T, Xerox and Safeway joined their ranks.

Of the 22 corporate giants in the Dow Jones industrial average that have reported results, 15 have missed their revenue targets, according to the data provider FactSet.

If the trend continues, experts see a number of consequences:

– Earnings estimates for the coming

Source: FULL ARTICLE at DailyFinance

Simple Innovations Can Have Huge Consequences

By Alex Planes, The Motley Fool

Filed under:

On this day in economic and business history …

Several innovations reached critical milestones in their development on April 27. All three of those we’ll examine today have affected the companies on the Dow Jones Industrial Average , but the effect isn’t always straightforward, nor is it always positive. In fact, the first development on our list never added much at all to its creator’s bottom line — but its influence on the computing industry (which has placed five companies on the Dow) is undeniable. Let’s take a closer look at these three developments, to better understand how they’ve helped shape the business world as it exists today.

Point and click, day one
Xerox introduced the world’s first commercially available computer mouse on April 27, 1981. The mouse had been invented way back in the 1960s by Douglas Englebart and his team of researchers at Stanford, but it would take many years for technologists to translate his innovations into commercially successful products. In fact, until the mouse was released as part of the Xerox Star workstation package, there had been no computers with graphical interfaces available for public purchase. Without graphical interfaces, there simply hadn’t been a reason for anyone to use a mouse.

The Star’s graphical interface and its mouse were both descendants of the legendary Xerox Alto, an experimental computer developed by Xerox’s Palo Alto Research Center that is largely known now for its influence on young entrepreneurs Steve Jobs and Bill Gates. However, like the Alto, the Star was too far ahead of its time and wound up quickly eclipsed by a lower-cost but less-functional computer released later in 1981: the PC.

It was not until 1984, when Apple launched the Macintosh, that a computer purpose-built for mouse controls caught on with the public. By the time Dow component Microsoft‘s Windows 1.0 hit the market in 1985, the mouse era had taken hold. The combination of a mouse with a graphical user interface could have propelled Xerox ahead of PC creator (and longtime Dow component) IBM, but Xerox’s inability to capitalize on advanced technology is the stuff of corporate legend. IBM is no less to blame for its inability to maintain control of the standard it created. By allowing Microsoft to control the PC‘s operating software, IBM missed a golden chance to leverage its scale and technological expertise into a fully proprietary mouse-based computing experience.

How much longer will the mouse era last? The mouse may soon find itself relegated to technology’s dustbin as touchscreen devices gain prominence with the public. That won’t happen for some time, but it’s interesting to think about what our next control scheme will be. Beyond touch, will we move things on the screen with our eyes? Will our brainwaves be the next control scheme? The answer may be just around the corner.

The 747’s biggest threat

Source: FULL ARTICLE at DailyFinance

IBM Falls Short of the Goal Line in 1Q13: Will Linux Save Big Blue?

Datamation: IBM is not starting of its fiscal 2013 year on a particularly strong note. Big Blue reported its first quarter earnings late Thursday, showing declining revenues and income as system sales slow, though IBM does see some bright spots, particularly with Linux

From: http://feedproxy.google.com/~r/linuxtoday/linux/~3/NRX37S86QWQ/ibm-falls-short-of-the-goal-line-in-1q13-will-linux-save-big-blue.html

IBM's x86 exit may shake up market and rivals

IBM‘s reported interest in selling parts of its x86 server business to Lenovo may bring major changes to the global market.

IBM is the third-largest seller of x86 servers by factory revenue, with 15.7 percent of the global market in 2012, according to IDC. That represents $5.6 billion for a company that earned $104.5 billion in revenue last year.

IBM‘s share of the x86 server segment has declined over the last several years. In 2010, it had 17.4 percent of the market and $5.5 billion in revenue.

By divesting at least part of its x86 server line, IBM gains additional investment dollars that it can spend on its higher margin efforts, especially its analytics and business intelligence, putting more pressure on rivals in these areas.

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From: http://www.computerworld.com/s/article/9238537/What_IBM_s_x86_exit_may_mean_for_rivals_#tk.rss_all

After Weak Earnings IBM Is Playing Catch Up This Year

By Trefis Team, Contributor

International Business Machines has relied on Analytics, Smarter PlanetIBM cloud and other new initiatives to drive growth the past few quarters and this continued in Q1 2013 as well.

From: http://www.forbes.com/sites/greatspeculations/2013/04/19/after-weak-earnings-ibm-is-playing-catch-up-this-year/