by admin | May 25, 2021 | Branding, Business, Corporate, Corporate Buzz, Investing, Large Enterprise, Markets
Bengaluru : IBM inventors from India earned over 800 patents — the second highest contributor to the company’s global record of 9,100 patents in the US in 2018 — with nearly half in the fields of Artificial Intelligence (AI), Cloud computing, cyber security, Blockchain and Quantum Computing.
One of the patents filed from India went to IBM inventors Shivali Agarwal, Gaargi B. Dasgupta, Shripad J. Nadgowda and Tapan K. Nayak, the company said in a statement on Tuesday.
They developed an AI-based approach for structured representation and classification of noisy and unstructured data in tickets used in service delivery.
Ticket analysis helps create problem diagnostics, prediction of outages and prevention of issues in service delivery, for example for help desks.
“IBM is committed to leading the way on the technologies that change the way the world works – and solving problems many people have not even thought of yet,” said Ginni Rometty, IBM Chairman, President and CEO.
Among more than 1,600 AI patents included “Project Debater” that, with the use of Machine Learning, can debate humans on complex topics — identifying evidence such as relevant text segments in unstructured text data, which supports or opposes a claim or topic under consideration.
More than 1,400 cyber security patents including “Cognitive Security against Voice Phishing Activity” — an AI-powered security approach to combat voice phishing activity.
IBM was also awarded patents related to IoT including “Water Temperature Mapping and Monitoring to Protect Marine and Freshwater Life”.
IBM inventors received more than 2,000 Cloud computing and over 1,600 AI patents.
The new patents were granted to a diverse group of more than 8,500 IBM inventors in 47 US states and 48 countries.
—IANS
by admin | May 25, 2021 | Branding, Business, Large Enterprise, Markets, Sales, Technology
Seoul : South Korean tech giant Samsung Electronics has inked a deal to manufacture seven-nanometre (nm) microprocessors for US-based technology company IBM’s central processing units (CPUs).
Samsung will manufacture seven-nm microprocessors for IBM Power Systems, IBM Z and IBM LinuxONE high-performance computing (HPC) systems and Cloud offerings, Yonhap news agency reported on Friday.
The deal is expected to help Samsung, which has Qualcomm Inc. as one of its clients, to beef up its foundry business utilising extreme ultraviolet (EUV) process technology, industry watchers said.
A foundry business refers to making chip designs for other companies that do not have a semiconductor fabrication plant.
“The agreement combines Samsung’s industry-leading semiconductor manufacturing with IBM’s high-performance CPU designs,” IBM said in a statement.
“It positions IBM and Samsung as strategic partners leading the new era of high-performance computing specifically designed for artificial intelligence.”
The two companies will also be extending their strategic research alliance, which has lasted for 15 years, IBM said.
Samsung claims that utilising EUV process technology paves the way to produce more precise chips compared with the conventional argon fluoride (ArF) immersion technologies, which can better meet demand from emerging big-data and AI industries.
The South Korean tech giant started the construction of its new production line equipped with EUV facilities in Hwaseong, south of Seoul, in February this year, which will commence operations in 2020.
—IANS
by admin | May 25, 2021 | Muslim World
Jerusalem : Israel Chemicals company (ICL) filed a $300 million lawsuit on Monday in an Israeli court against US-based technology giant IBM for a failed project.
ICL, a manufacturing company headquartered in the coastal city of Tel Aviv, produces fertilisers including potash, phosphate, magnesium and bromine, Xinhua news agency reported.
According to ICL’s claim, the company decided in 2012 to create a harmonious information platform to process mass data for its constant acquisition of companies and mergers.
ICL claimed that it subsequently adopted the project recommended by IBM and defined it as a strategic one.
“ICL hired IBM services to lead the entire project… but each stage of the project was carried out in a failed manner,” the lawsuit said.
“IBM’s failures have taken various forms, including poor work, lack of knowledge, experience, resources and skilled personnel,” ICL claimed.
According to ICL, it invested nearly $300 million in the project, of which more than $100 million were paid to IBM.
In response, IBM described the allegations as “groundless,” saying it will defend itself “decisively” in court.
—IANS
by admin | May 25, 2021 | Business, Corporate, Corporate Buzz, Large Enterprise
Mumbai : Aiming to enhance business growth and portfolio diversification using “digitisation”, Bank of Baroda on Wednesday announced its partnership with technology majors IBM and Accenture to power its state-of-the-art IT Centre of Excellence (ITCoE) and Analytics Centre of Excellence (ACoE).
“With IBM’s digital reinvention framework and innovation roadmap, we will enable the bank to make critical strides in achieving business transformation, improving overall service delivery and creating compelling customer experiences,” said Karan Bajwa, Managing Director, IBM India.
Under ACoE, the bank will establish a data and analytics technology platform with an enterprise wide petabyte scale Big Data Lake powered by data technologies such as predictive analytics, machine learning (ML) and artificial intelligence (AI).
“Becoming a digital bank requires transformation of the entire organisation and is not restricted to one function. ITCoE that will work with various business functions inside the bank aims to create a market leading technology differentiation driving business,” said the bank.
IBM is currently working on digitising the bank’s retail asset portfolio by building multiple customer facing apps.
Built on its technology, the bank will soon launch four new apps for loans that will enable the bank to achieve greater efficiency by reducing its Turn Around Time (TAT).
—IANS
by admin | May 25, 2021 | Branding, Business, Corporate, Corporate Buzz, Emerging Businesses, Investing, Markets, Technology
Santa Clara (California) : To help clients modernise their IT infrastructure to innovate faster, software major CA Technologies has announced a new partnership with tech giant IBM.
Under the partnership, the two companies will jointly develop and sell new services for IBM’s Cloud Managed Services on z Systems (zCloud).
It will enable clients that rely on the “CA Mainframe Resource Intelligence” for business-critical operations to easily access development, testing, application management and regulatory compliance services within IBM’s zCloud for operational resiliency, efficiencies and workforce agility.
The announcement was made at CA’s second annual “Built to Change” summit on Tuesday.
“CA and IBM have an opportunity to help our clients overcome challenges in rising costs of IT ownership, workforce evolution and security issues head-on,” said Greg Lotko, General Manager, Mainframe at CA Technologies.
“Together, we give every company an opportunity to realise an even greater value in their investments by combining the reliability of the mainframe with the speed and agility of DevOps,” he added.
“CA Mainframe Resource Intelligence” is a Software-as-a-Service (SaaS)-based offering.
“To assist our clients, IBM introduced Cloud Managed Services on z Systems. IBM and CA are committed to deepening the platform’s role in enterprise digital transformation,” added Philip Guido, General Manager of Infrastructure Services for IBM Global Technology Services.
Clients using z Systems can also leverage CA tools to help reduce costs, speed application deployment and integration.
The software and services are available to all IBM Managed Cloud Services for z Systems clients in North America and will be rolled out globally throughout the year.
In addition to the new innovations for mainframe environments, CA also announced a set of new solutions and capabilities spanning across its comprehensive enterprise software portfolio.
The new leading-edge solutions will unleash the power of the “Mainframe” for the future and new possibilities for the “Modern Software Factory”.
—IANS
