Computer industry
The collapse of IBM's $5 billion outsourcing deal with JP Morgan Chase marks a significant setback for the company's growth strategy. The deal, the largest of its kind, was signed in 2002 and was seen as a key to IBM's expansion plans. However, JP
Computer industry
In a strategic move, Advanced Micro Devices Inc. (AMD) extended its research agreement with IBM Corp. for another three years, solidifying their partnership in advanced chip research. This extension will provide AMD with access to IBM's cutting-edge technology research for the next four years, at a cost of
Computer industry
In a major blow to IBM's outsourcing strategy, JP Morgan Chase has canceled its $5 billion, seven-year contract with the technology giant. The deal, signed in 2002, was the largest outsourcing agreement IBM had ever secured and was a key component of CEO Sam Palmisano's growth
Computer industry
David Fu, a former executive at Equant Network Services, has been appointed as the new vice-president and general manager of Unisys' Greater China business, succeeding John Wen who retired after 21 years with the company. Meanwhile, Eric Kim, Samsung Electronics' former global marketing chief and executive vice-president, will
Computer industry
Microsoft Virtual Server 2005, Microsoft's first foray into server virtualization, has raised concerns among some customers regarding the complexity of its technological, licensing, and support aspects. A key question is whether Microsoft can overcome these challenges to succeed in the server virtualization market. MassMutual Financial Group, a prominent
Computer industry
Craig Conway, PeopleSoft's chief executive, unveiled a pivotal partnership with IBM to the company's annual user convention, drawing over 11,000 corporate customers. In the wake of Oracle's $7.7 billion hostile takeover bid, PeopleSoft is banking on this agreement to demonstrate its commitment
Computer industry
IBM Japan has announced the launch of a Linux-based system for internet service providers (ISPs) and cellular phone service providers to manage and distribute large amounts of e-mail while eliminating spam. The system, which marks the first large-scale e-mail system running on Linux in Japan, combines PC servers by IBM
Computer industry
IBM researcher John Smith recently demonstrated a computer system called Marvel: MDEG-7 Multimedia Search Engine, which uses statistical techniques to analyze relationships between colors, shapes, patterns, sounds, and other content in video footage. This capability allows users to search for specific frames within large video collections, potentially revolutionizing the way
Computer industry
In the second quarter, the global server market saw an increase in revenue, with sales reaching $11.5 billion. IBM maintained its position as the market leader, with a 30.7% market share and a 10.8% revenue growth over the same period last year. However, Dell Inc. recorded the
Computer industry
Compuware Corporation has made a sudden move in its software piracy lawsuit against IBM, submitting an "emergency motion" to the court seeking a favorable ruling in the case. The unexpected motion comes just three months before the trial is set to begin, with Compuware claiming that IBM has
Computer industry
LocatePLUS Holdings Corp. recently announced the development of a turnkey technology solution that accelerates the launch of its channel partnership and private label agreements. This innovative solution enables the company to meet the needs of diverse customer groups, reducing the time-to-market from 120 days to approximately 20 days. The company&
Computer industry
MobilePro Corp. has been recognized as one of the emerging growth companies on Stockwire.com's list of Movers and Shakers for August 16, 2004. The company is creating scalable and global wireless technologies and applications, leveraging its expertise in wireless components technology to deliver wireless applications and systems
