In the week of May 24, 2024, the top data science and analytics news included various updates and announcements from leading companies in the field. Aily Labs introduced a new AI-powered assistant called Aily Agent, aimed at enhancing business decision intelligence. This tool provides custom code suggestions in real-time, making it easier for users to … Read more
Journalist Ken Mullican, along with Paragon Films’ Chief Investment Officer, attended a meeting with IBM executives, ecosystem partners, and customers to discuss strategic developments for 2024. Here are 10 key takeaways from the event: 1. IBM positioned AI as a revolutionary technology that has the potential to transform the way we do business. The company … Read more
Assetmark Inc. has increased its holdings in International Business Machines Co. by 25.1% in the fourth quarter, according to a recent Form 13F filing with the Securities and Exchange Commission. The company now owns 33,152 shares of IBM, valued at $5,422,000. Other institutional investors, such as Desjardins Global Asset Management Inc., Calamos Wealth Management LLC, … Read more
A new report by MarketsandMarkets™ predicts that the Identity Threat Detection and Response (ITDR) Market is set to grow from $12.8 billion in 2024 to $35.6 billion in 2029, representing a compound annual growth rate (CAGR) of 22.6%. This growth is attributed to the increasing focus on digital transformation and decentralized technologies, which are driving … Read more
HS2 Ltd, a government-owned agency overseeing the rollout of new rail infrastructure, has partnered with IBM in a six-figure deal to enhance cybersecurity measures. The contract, signed on May 10, will last for an initial four months with a potential two-month extension. IBM will assist in the development of a security operations center (SOC) to … Read more
Artificial intelligence is transforming the consulting sector, with IBM Consulting Advantage playing a crucial role in this evolution. This platform offers customized AI solutions that enhance accessibility and effectiveness by focusing on security, bias checking, protection of personal data, governance, and cost efficiency. IBM Consulting Advantage, led by Mohamad Ali, the COO of IBM Consulting, … Read more
IBM’s recent earnings report showed a positive trend in the first quarter of 2024. The company beat the Zacks Consensus Estimate in terms of net income, but fell short on the bottom line, despite strong demand for AI and hybrid cloud solutions. IBM reported a GAAP net income of $1.69 per share, up from $1.02 … Read more
IBM MQ is a messaging system designed to facilitate secure and reliable communication between parties. It ensures that messages are exchanged efficiently and without the risk of interception or tampering. IBM MQ helps organizations streamline their communication processes and maintain the integrity of their data exchanges. Article Source https://admin01.prod.blogs.cis.ibm.net/blog/enhancing-triparty-repo-transactions-with-ibm-mq-for-efficiency-security-and-scalability/
Pharmaceutical company Moderna is collaborating with IBM to explore the potential of a quantum algorithm in predicting stable mRNA structures. This partnership aims to determine if quantum technology can offer more accurate predictions compared to existing methods. Moderna, known for its development of mRNA-based vaccines, is seeking to enhance its research capabilities by leveraging IBM’s … Read more
This week in WorkTech news, Accenture has completed the acquisition of Udacity, a digital education company focused on technology courses. Cleo and Terillium have announced a new partnership to provide Oracle customers with a flexible B2B integration platform. Epicor has unveiled its new Epicor Growth portfolio, offering AI and BI capabilities for specific industries. IBM … Read more