IBM profits slashed almost in half in 2020, despite cloud growth

Despite relative success in the cloud market, IBM has reported a decline in revenue for both Q4 and its 2020 fiscal year, leading to a significant fall in profits. On an earnings call, the company reported $20.4 billion in revenue for the fourth quarter of the year, less than the $20.67 billion analysts had anticipated and six percent less than …

Tovább a bejegyzéshez

IBM takes another step towards fully homomorphic data encryption

IBM has announced it is ready to give its clients a chance to test its fully homomorphic encryption (FHE) service – a type of system that is widely considered the “Holy Grail” of encryption. The company unveiled its new FHE solution, called IBM Security Homomorphic Encryption Services, and said it could allow enterprises to further protect their existing IT architecture, …

Tovább a bejegyzéshez

Microsoft, IBM, Nvidia collaborate on framework to help shield against attacks on ML systems

Microsoft, non-profit MITRE Corporation, IBM, Nvidia and a handful of other companies have collaborated on a new framework called the Adversarial ML Threat Matrix.  In a blog post, Microsoft described the tool as an industry-focused open framework built to help security analysts detect, respond to and remediate threats against machine learning (ML) systems. Citing analyst firm Gartner, as well as …

Tovább a bejegyzéshez

IBM is making it easier to run AI workloads in hybrid clouds

Artificial intelligence hardware accelerators are an extremely potent tool for scientific discovery, but they are also highly inefficient from an energy perspective. However, IBM Research, the company’s R&D arm, claims to have identified new ways of tackling this problem. During the IEEE CAS/EDS AI Compute Symposium, held earlier today, IBM Research introduced new technology and partnerships that will allow businesses …

Tovább a bejegyzéshez

IBM set to spin off managed infrastructure services to focus on hybrid cloud

Next year, IBM will split into two separate public companies, according to reports. One part of the business will focus on hybrid cloud and artificial intelligence (AI), and is expected to be led by Red Hat, while the other part will focus more on legacy IT infrastructure. We still don’t know much about the new company, but it will reportedly …

Tovább a bejegyzéshez

IBM smashes targets for super profitable quarter

IBM has released its financial results for the second quarter of the year, reporting  stellar profits despite the current financial climate. Overall, the company saw non-GAAP earnings per share of $2.18, with revenues of $18.1 billion, representing a 5.4 percent decline year-on-year but surpassing analyst estimates. As reported by ZDNet, the company’s cloud business performed particularly well, with revenue for …

Tovább a bejegyzéshez

New phishing scam uses IBM Cloud, Microsoft Azure to feign legitimacy

There is a new phishing campaign going around, which leverages high-profile cloud services from Microsoft and IBM to feign legitimacy. As recently reported by Bleeping Computer, the phishing campaign targets corporate employees, who receive an email warning that their inbox is full. Unless the issue is resolved, claims the fraudulent message, important emails could be lost. The email contains two …

Tovább a bejegyzéshez