IBM SERVER
Vi to renew tech outsourcing deal with IBM for about $1 billion
Renewal of the tech outsourcing deal comes even as Vi's board meets Saturday to consider raising Rs 20,000 crore via a preferential share issue. Earlier this week, Vi's shareholders approved a proposal to raise this capital through equity and equity-linked instruments.
Indian Bank collaborates with IBM to deploy new front-end banking apps
Indian Bank has partnered with IBM to improve its infrastructure and enhance scalability and agility. The bank will consolidate its front branch servers under its 'Project Paradise' initiative, aiming to achieve better manageability and availability. The collaboration with IBM will accelerate the bank's modernization path and provide a flexible and secure infrastructure for deploying new front-end banking applications.
Indian Bank partners with IBM to deploy compute infrastructure
IBM has partnered with the Indian Bank to deploy new front-end banking applications and provide safe compute infrastructure. The public sector bank aims to consolidate its Front Branch Servers and run CBS workloads on IBM Power servers, reducing costs and improving resource utilization.
IBM's strategic shift: Unveiling the sale of The Weather Channel and Weather Business
Tech titan IBM revealed its choice on Tuesday to sell its weather division which includes assets such as The Weather Channel mobile app, Weather.com. Here are the details.
A unicorn in the making, Centre writes to Meta over WhatsApp outage, and more
Private equity giant Apis Partners is expected to lead the round and join in as a new investor. Apis is expected to invest roughly $65 million, with the rest of the corpus coming from internal investors and private equity funds.
Software snag hits IOC’s LPG booking system but no need to panic
Senior company executives told TOI the issue will be resolved by Tuesday night and there was no need to panic. “We delivered 18 lakh refills on Monday and deliveries would be on an equal scale on Tuesday,” one executive said requesting anonymity.
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Ransomware is the biggest cybersecurity pain point in India: IBM Security's Chris Hockings
Server access attacks (20%) and ransomware (11%), data theft (10%) were the top attack types observed in Asia.
Airtel Business, IBM deploy cloud solution for group of milk producer cos
The hybrid cloud solution which leverages Airtel Cloud and IBM Power servers will host the ERP and other key applications to accelerate the digital transformation of the MPCs. These five large MPCs include Paayas in Rajasthan, Maahi in Gujarat, Shreeja in Andhra Pradesh, Baani in Punjab, and Saahaj in Uttar Pradesh.
India's digital transformation in pandemic akin to mobile revolution: IBM's Arvind Krishna
India’s rapid digital transformation over the course of the Covid-19 pandemic is similar to what the country did with its mobile phone revolution, IBM Chairman and CEO Arvind Krishna says.
Infrastructure, agility key to digital transformation: IBM India
Infrastructure will play a critical role in how companies handle digital transformation going forward, according to IBM India executives Viswanath Ramaswamy and Ravi Jain.
Desi IT companies double market share to 28% in 10 years
Indian IT firms have been gaining market share for decades now. They were quick to adapt to the tectonic shift from mainframes through client server to mobile applications and the cloud native era.
Loan rangers
In today's ETtech Morning Dispatch, RBI set to put onus on lenders to monitor loan apps, Aarogya Setu to help build a database of plasma donors, IBM Chairman Arvind Krishna warns on threat of cybersecurity.
Cybersecurity will be the pressing ‘issue of this decade’, IBM’s Arvind Krishna says
Value lies in the data and people are going to come after that data, IBM Chairman Arvind Krishna says ahead of the IBM Think Conference that starts Tuesday.
Hacking saga: How an insider can destroy your company
The reason the biggest source of insider threats is still the massive, despite decades of trying to curb it is because it needs a systematic re-engineering of human nature.
Server market revenue in India drops more than 11% in Q4 due to weakening demand: IDC
The custom-built server category largely contributed with revenue growth of 28.7% YoY.
Ransomware attack on Pimpri Chinchwad Smart City servers managed by Tech Mahindra
Pimpri-Chinchwad Municipal Corporation Smart City has not suffered any data loss due to a ransomware attack late last month and has not paid ransom to the hackers.
Indians second-most attacked by cyber criminals after Japanese in Asia Pacific
The IBM report said that attacks on India made up 7% of all attacks X-Force observed in 2020.
India second only to Japan in Asia Pacific in cyberattacks faced in 2020
Ransomware was the top attack type, making up roughly 40% of all cyberattacks, but digital currency mining and server access attacks too hit Indian companies last year, according to an IBM Security report.
IBM is said to consider sale of Watson Health amid cloud focus
Offloading IBM Watson Health would further new CEO Arvind Krishna’s efforts to streamline the company and focus on the faster-growing cloud computing operations.
IBM expanding leadership team in India to focus on Cloud business
Last month, IBM committed to increase investments in India, after Krishna — who was appointed in April — held discussions with Prime Minister Narendra Modi over a video conference call.
Google Cloud to invest 'very aggressively' to expand footprint & scale up operations in India
It is also recruiting senior level talent and is expected to open more Cloud regions in the country, including one planned in Delhi, which is expected to be operational by 2021, said CEO Thomas Kurian.
IBM leans on cloud storage, applications
While large existing customers such as banks and insurance companies are maintaining investments in technology critical projects, many new firms in the retail, pharmaceuticals, telecom and other industry sectors are investing in migrating operations to the cloud as more employees work remotely.
IT is now an essential part of business continuity: IBM's Ajay Mittal
The uncertainty triggered by the Covid-19 crisis is making SMEs relook at their IT setup and ensure that they fix the gaps which could hamper their ability to operate remotely.
Unguarded servers behind big Indian data breaches of 2019
The cost of response mechanisms such as detection and notification processeas are high, while company share prices are likely to drop along with revenue, impacting overall brand value. On their part, ethical hackers have criticised domestic internet-consumer companies for a lack of bug bounty programmes following reporting of cyber breaches.
IBM bets big on artificial intelligence for server business
The next-generation power systems servers incorporate a newly designed POWER9 processor. This has been built specifically for compute-intensive AI workloads, said IBM's Satya Sharma.
Worldwide server market revenue declines 0.8 per cent even as shipments rise 2 per cent in Q2 2016
Dell moved into the No. 1 position in server shipments in the second quarter of 2016, with 8.9 per cent growth, garnering 19.2 per cent market share.
IBM unveils servers targeting e-commerce, mobile app economy
z13 is the first system able to process 2.5 billion transactions a day. Its transactions are persistent, protected and auditable from end-to-end.
Dell doubles server market share in India
Dell India has been rapidly growing in both server as well as PC market as it completely revamped its go-to-market strategy in India post privatization.
Lenovo-IBM server business deal gets CCI green signal
Global technology major Lenovo's $ 2.3 billion deal with IBM to acquire the US-based company's low-end server business has received approval from fair trade watchdog CCI.
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