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L&T Infotech, IBM to establish innovation centre in Bengaluru

Digital solutions major Larsen & Toubro Infotech (LTI) is expanding its multi-year global alliance with IBM to help businesses transform their operations through hybrid cloud adoption.LTI will help clients migrate and modernise core business applications leveraging IBM cloud offerings.As part of this relationship, LTI and IBM plan to establish an innovation centre in Bengaluru this year. The centre will offer a comprehensive suite of IBM's cloud, automation, integration, data and artificial intelligence solutions to foster innovation.IBM will provide training to LTI employees to facilitate co-creation workshops and solution development for their clients.Sudhir Chaturvedi, President for sales and Executive Board member at LTI, said the world's leading organisation's trust LTI as the partner of choice in enabling their digital transformation journeys and modernising their existing technology landscape."We are expanding our resolute relationship with IBM to allow customers to ...

IBM to buy European cloud startup Nordcloud, sees $1 trn market opportunity

Since taking office in April, Chief Executive Officer Arvind Krishna has acquired at least five startups from the hybrid cloud space.

IBM buys fintech firm Expertus to expand digital payment solutions

Tech giant IBM has acquired Montreal-based fintech company Expertus Technologies for an undisclosed sum

How IBM researchers enabled AI platform Watson to understand native Hindi

With this, Watson Discovery can understand documents written in Devanagari and extract their meaning, without having to resort to any translation to English

Hackers targeting Covid-19 vaccine cold chain through phishing, warns IBM

The cold chain plays a very important role in vaccine supply chain by ensuring the safe preservation of vaccines in temperature-controlled environments during their storage and transportation.

Covid updates on vaccine, lockdown chances and PM's Serum institute visit

Russia's sovereign wealth fund and Indian pharmaceutical company Hetero have agreed to produce over 100 million doses per year of Russia's Covid vaccine Sputnik V, in India

IBM planning to cut about 10,000 jobs in Europe ahead of unit sale

The wide-ranging losses will affect about 20 per cent of staff in the region, according to people familiar with the matter

Tech giant IBM, Indian Oil Corporation collaborate for digital services

Tech giant IBM on Thursday said it has collaborated with Indian Oil Corporation Ltd (IOCL) to transform the latter's customer experience using digital tools

IBM reports revenue declines for three straight quarters; shares fall 2.7%

Reporting sales declines for three straight quarters, IBM has posted $17.6 billion in revenue in the third quarter of this year, compared to $18 billion for the same period last year.

IBM posts 2-digit cloud revenue growth; says customers deferring projects

International Business Machines Corp edged past Wall Street estimates for quarterly revenue, bolstered by higher demand for its cloud services

Vodafone Idea strikes big data deal with IBM to enhance customer experience

As VI's (formerly Vodafone Idea) strategic technology partner, IBM is leading the end-to-end implementation and management of the platform

IBM split won't impact Indian operations, says CEO Arvind Krishna

IBM is uniquely positioned in India, which is not only a large market for the Big Blue but also houses a big chunk of its global employee base.

One-third of IBM staff in India may be moved to new infra services biz: CEO

On Thursday, the 109-year-old IBM announced spinning off its managed infrastructure services unit into a new public company that has been temporarily named NewCo

IBM spin off will have new leadership team in India: Arvind Krishna

As IBM spins out a new company to help focus in two lucrative markets, the company's CEO Arvind Krishna said that the yet to be named new company will have a separate leadership team in India

IBM to break up 109-year old firm to focus on high-margin cloud computing

IBM will list its IT infrastructure services unit, which provides services including technical support for data centers, as a separate company with a new name by the end of 2021

India team plays key role in making IBM's postage-stamp-sized powerful chip

Power10, a 7-nanometer chip accommodates 18 billion transistors, or about 2.4 transistors per living person on the planet

IBM, govt e-marketplace to set up centre of excellence for AI in India

AI has the potential to raise India's annual growth rate by 1.3 percentage points and add USD 957 billion to India's economy by 2035

Fair, transparent process adopted in MSIP bid: UIDAI on tech firms' charges

The Unique Identification Authority of India (UIDAI) had floated a tender for contracting a managed services infrastructure provider

IBM researchers working for a sustainable future, address climate change

"This year''s ''5 in 5'' predictions are focused on accelerating the discovery of new materials to enable a more sustainable future

IBM's AI push helps consumer goods firms go digital, tide over Covid-19

The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transformation efforts, write Peerzada Abrar and Sai Ishwar