Posts Tagged ‘ibm’
The Weather Company, an IBM Business, announced today it is expanding off-property access to its proprietary automated ad targeting platform, WEATHERfx, and further extending the capability beyond The Weather Channel and Weather Underground web and mobile properties.
As part of this WEATHERfx expansion, Weather has collaborated with The Trade Desk, a global self-service technology platform for buyers of advertising, and Vistar Media, the industry’s first and only solution for programmatic out-of-home advertising.
Through The Trade Desk and Vistar Media, marketers will be able to leverage WEATHERfx targeting across a variety of programmatic campaigns. Both programmatic and digital OOH advertising are promising growth markets, with programmatic ad spending expected to grow at double-digit rates for the next several years, and digital placements forecasted to account for more than half of OOH ad spending by 2018.
WEATHERfx is an automated targeting platform that helps power more informed marketing decisions by leveraging weather’s potential impact on emotion and delivering messaging designed to inform consumer action. Using weather-based triggers that identify conditions when weather is most likely to drive consumer behavior, the automated WEATHERfx platform eliminates media waste and activates a brand’s media to run when the optimal mix of conditions occur.
“Collaborating with The Weather Channel to extend WEATHERfx data targeting to out-of-home was a natural fit,” said Michael Provenzano, CEO & Co-Founder at Vistar Media. “Vistar’s platform is uniquely built to respond to data sets involving location and time – like weather conditions – to help marketers connect with on-the-go consumers at the right place and right time with relevant messaging.”
In addition to improving the relevancy of programmatic advertising campaigns via The Trade Desk and Vistar Media, WEATHERfx can also be used off-platform to help marketers better target messaging across social media, email marketing, and on marketers’ owned and operated websites or mobile apps.
I was sitting here at JFK waitin’ on a plane and IBM’s 1Q 2013 earnings came across the wire, so here goes:
- Diluted EPS: GAAP: $2.70, up 3 percent; Operating (non-GAAP): $3.00, up 8 percent
- Net income: GAAP: $3.0 billion, down 1 percent; Operating (non-GAAP): $3.4 billion, up 3 percent
- Gross profit margin: GAAP: 45.6 percent, up 0.6 points; Operating (non-GAAP): 46.7 percent, up 1.0 points
- Revenue: $23.4 billion, down 5 percent, down 3 percent adjusting for currency
- Free cash flow of $1.7 billion, down $0.2 billion
- Software revenue flat, up 1 percent adjusting for currency; Pre-tax: income up 4 percent; margin up 1.2 points
- Services revenue down 4 percent, down 1 percent adjusting for currency; Pre-tax: income up 10 percent; margin up 2.0 points
- Services backlog of $141 billion, up 1 percent, up 5 percent adjusting for currency; Closed 22 deals of more than $100 million in the quarter
- Systems and Technology revenue down 17 percent, down 16 percent adjusting for currency
- Growth markets revenue down 1 percent, up 1 percent adjusting for currency
- Business analytics revenue up 7 percent; Smarter Planet revenue up more than 25 percent; Cloud revenue up more than 70 percent
- Reiterating full-year 2013 operating (non-GAAP) EPS expectation of at least $16.70.
IBM announced first-quarter 2013 diluted earnings of $2.70 per share, a year-to-year increase of 3 percent. Operating (non-GAAP) diluted earnings were $3.00 per share, compared with operating diluted earnings of $2.78 per share in the first quarter of 2012, an increase of 8 percent.
First-quarter net income was $3.0 billion, down 1 percent year-to-year. Operating (non-GAAP) net income was $3.4 billion compared with $3.3 billion in the first quarter of 2012, an increase of 3 percent. Total revenues for the first quarter of 2013 of $23.4 billion were down 5 percent (down 3 percent, adjusting for currency) from the first quarter of 2012.
“In the first quarter, we grew operating net income, earnings per share and expanded operating margins but we did not achieve all of our goals in the period. Despite a solid start and good client demand we did not close a number of software and mainframe transactions that have moved into the second quarter. The services business performed as expected with strong profit growth and significant new business in the quarter,” said Ginni Rometty, IBM chairman, president and chief executive officer.
“Looking ahead, in addition to closing those transactions, we expect to benefit from investments we are making in our growth initiatives and from the actions we are taking to improve under-performing parts of the business. We remain confident in this model of continuous transformation and in our ability to deliver our full-year 2013 operating earnings per share expectation of at least $16.70.”
Pre-tax income decreased 6 percent to $3.6 billion. Pre-tax margin decreased 0.1 points to 15.4 percent. Operating (non-GAAP) pre-tax income decreased 1 percent to $4.1 billion and pre-tax margin was 17.4 percent, up 0.8 points.
IBM’s tax rate was 15.9 percent, down 4.1 points year over year; operating (non-GAAP) tax rate was 17.3 percent, down 3.2 points compared to the year-ago period. The lower tax rate is primarily due to benefits recorded to reflect changes in tax laws enacted during the quarter, including the reinstatement of the U.S. Research and Development Tax Credit.
Net income margin increased 0.5 points to 13.0 percent. Total operating (non-GAAP) net income margin increased 1.2 points to 14.4 percent.
The weighted-average number of diluted common shares outstanding in the first-quarter 2013 was 1.12 billion compared with 1.17 billion shares in the same period of 2012. As of March 31, 2013, there were 1.11 billion basic common shares outstanding.
Debt, including Global Financing, totaled $33.4 billion, compared with $33.3 billion at year-end 2012. From a management segment view, Global Financing debt totaled $25.2 billion versus $24.5 billion at year-end 2012, resulting in a debt-to-equity ratio of 7.2 to 1. Non-global financing debt totaled $8.2 billion, a decrease of $0.6 billion since year-end 2012, resulting in a debt-to-capitalization ratio of 34.3 percent from 36.1 percent.
IBM ended the first-quarter 2013 with $12.0 billion of cash on hand and generated free cash flow of $1.7 billion, excluding Global Financing receivables, down approximately $0.2 billion year over year. The company returned $3.5 billion to shareholders through $0.9 billion in dividends and $2.6 billion of gross share repurchases. The balance sheet remains strong, and the company is well positioned to support the business over the long term.
That’s it, today’s the day.
The first players have already teed off at the Masters in Augusta.
Yesterday, I discussed the virtual means by which you could experience playing at Augusta National.
Today I’m going to focus on the various means by which you can follow this year’s action on and off the course.
First, and most importantly, the leaderboard.
On the Masters web site, for which IBM is the longtime technology sponsor, you can go to the virtual equivalent of the traditional Masters leaderboard.
You can also find the leaderboard on this year’s revamped iPad app, which I’m quickly leaning on as my 19th hole for following all the action from Augusta.
This year it includes live video from a number of the holes, including Amen Corner, 15, 16, as well as two “featured groups,” a Masters “in-depth” feature channel, and for those warm-ups, the driving range, and over the weekend a live simulcast of CBS’ TV coverage.
You’ll be able to access live radio, news features, and pictures from the grounds (including new 360 panoramic images that I suspect will be suitable for framing!).
As for TV coverage itself, that doesn’t start in the U.S. until 3:00 PM EST ESPN. However, live video coverage begins on Amen Corner starting at 10:45 AM on the Website and via the mobile applications, so if you’re hankering to get out to the action, that’s going to be your fastest way in.
This year, IBM is leaning heavily on its SmartCloud technology to help drive quality and continuous operations, along with the flexibility and scalability required by the Masters.
As players peak on the course, we typically see a resultant workload increase in our technology systems.
This helped lead to have the need to provision a new Presentation Services “instance,” for example, in less than 3 minutes using Tivoli Provisioning Manager, as it helps us get new virtual machine instances up and running quickly.
We are also able to move one workload to another on our POWER systems powering the Masters using our Live LPAR mobility in four minutes without service interruption.
Can you say pressure putt???
So as the tournament begins, who will I be keeping a close eye on?
Tiger, for sure. Phil. Brandt. Rory. Graeme. Garrigus. Schwartzel. Colsaerts. Poulter. Oosthuizen. Guan (the 14 year-old Chinese kid).
It’s just an incredibly talented field, as, of course, it always is. Length and shot shaping are always helpful at Augusta, especially right to left, but as Zach Johnson proved several years ago, shorter hitters can score (and win) if they play the right angles.
As for me, I went back and played another virtual round at Augusta last night in my Tiger Woods PGA Tour 12 and shot 2 under.
There’s hope for me yet. That means I would currently be tied with Jim Furyk for second place in my Walter Mitty golf fantasy. But it’s only Thursday…
IBM announced a couple of nice wins these past few days.
One, a partnership agreement between IBM and Itella, a leading provider of business services in Europe and Russia.
It’s a seven-year cloud computing agreement to help Itella streamline its business operations and improve its flexibility and time-to-market, and allowing them to focus on their core business and develop new services for their clients.
Itella provides postal, logistics and financial transaction process services in Northern and Central Europe, as well as Russia.
Specifically, IBM will build a private cloud to provide hosting as well as application management and development services to Itella. With the cloud, IBM will automate basic production of technology services as well as improve the quality and management of those services.
“Through this operating model renewal, we can adopt a flexible service delivery to increase automation and introduce best practices, utilizing IBM’s world-class competence,” said Jukka Rosenberg, Senior Vice President, Itella Mail Communications. “Through the partnership, we can make our operations more efficient and cut costs, without compromising our high-quality service.”
And nearly halfway around the globe and just north of here, the great state of Oklahoma is partnering with IBM to save $15 million over the next five years and to help improve services to state residents there.
As governments institute structural changes in the way agencies measure performance and deliver services, data analytics and new delivery models can help lead the way for transformations that realize a measurable return on investment and improved quality of life.
By analyzing business processes and consolidating IT projects, IBM will help the state gain significant savings in software licensing and technology maintenance costs— resulting in an expected IT budget recovery of 30 percent.
“At a time when we all have to learn to do more with less money, IBM has been instrumental in identifying and prioritizing IT consolidation projects for the state of Oklahoma, at the same time allowing us to invest in new services for our residents,” said Alex Pettit, chief information officer, state of Oklahoma.
“IBM brought not only its extensive public sector services experience to help create the initial business case for this project, but also worked with participating agencies to verify that the new technology environment would improve mainframe service and reduce costs.”
IBM helped the state to understand the challenges of providing IT services to various agencies with diverse requirements for data management and federal reporting.
The new IT infrastructure established a model for IT compliance with federal guidelines on program data and processes, using an IBM System z mainframe. IBM also helped the state meet project funding requirements—bridging the financial gap between the initiation of the project and the cost savings.
The agreement helps ensure that the delivery of technology services is more effective and more consistent. In addition, the new infrastructure gives each agency more control over the quality, performance, and support of their technology environment.
Ultimately, the consolidation of five mainframe platforms also yielded significant savings in costs and lower lease costs. The recommended options projected an 18-30 month payback period that would save 25–30 percent of the state’s combined annual IT budget.
IBM worked with the state on a detailed analysis of the IT infrastructure and opportunities to consolidate computing capacity, storage, network, backup and disaster recovery capabilities.
The plan included development of a target architecture, establishment of a high-level roadmap, and development of a services delivery schedule between the Office of Management and Enterprise Services (OMES), responsible for operating the consolidated environments, and each state agency.
IBM made a significant announcement earlier today concerning new technologies designed to help companies and governments tackle Big Data by making it simpler, faster and more economical to analyze massive amounts of data. The new data acceleration innovation results in as much as 25 times faster reporting and analytics.
Today’s announcement, which represents the work of hundreds of IBM developers and researchers in labs around the world, includes an industry-first innovation called “BLU Acceleration,” which combines a number of techniques to dramatically improve analytical performance and simplify administration.
Also announced was the new IBM PureData System for Hadoop, designed to make it easier and faster to deploy Hadoop in the enterprise. Hadoop is the game-changing open-source software used to organize and analyze vast amounts of structured and unstructured data, such as posts to social media sites, digital pictures and videos, online transaction records, and cell phone location data.
The new system can reduce from weeks to minutes the ramp-up time organizations need to adopt enterprise-class Hadoop technology with powerful, easy-to-use analytic tools and visualization for both business analysts and data scientists.
In addition, it provides enhanced Big Data tools for monitoring, development and integration with many more enterprise systems.
IBM Big Data Innovations: More Accessible, Enterprise-ready
As organizations grapple with a flood of structured and unstructured data generated by computers, mobile devices, sensors and social networks, they’re under unprecedented pressure to analyze much more data at faster speeds and at lower costs to help deepen customer relationships, prevent threat and fraud, and identify new revenue opportunities.
BLU Acceleration enables users to have much faster access to key information, leading to better decision-making. The software extends the capabilities of traditional in-memory systems — which allows data to be loaded into Random Access Memory instead of hard disks for faster performance — by providing in-memory performance even when data sets exceed the size of the memory.
During testing, some queries in a typical analytics workload were more than 1000 times faster when using the combined innovations of BLU Acceleration.
Innovations in BLU Acceleration include “data skipping,” which allows the ability to skip over data that doesn’t need to be analyzed, such as duplicate information; the ability to analyze data in parallel across different processors; and greater ability to analyze data transparently to the application, without the need to develop a separate layer of data modeling.
Another industry-first advance in BLU Acceleration is called “actionable compression,” where data no longer has to be decompressed to be analyzed.
Not IBM’s First Big Data Rodeo
The new offerings expand what is already the industry’s deepest portfolio of Big Data technologies and solutions, spanning software, services, research and hardware. The IBM Big Data platform combines traditional data warehouse technologies with new Big Data techniques, such as Hadoop, stream computing, data exploration, analytics and enterprise integration, to create an integrated solution to address these critical needs.
IBM PureData System for Hadoop is the next step forward in IBM’s overall strategy to deliver a family of systems with built-in expertise that leverages its decades of experience reducing the cost and complexity associated with information technology.
This new system integrates IBM InfoSphere BigInsights, which allows companies of all sizes to cost-effectively manage and analyze data and add administrative, workflow, provisioning and security features, along with best-in-class analytical capabilities from IBM Research.
Today’s announcement also includes the following new versions of IBMs Big Data solutions:
- A new version of InfoSphere BigInsights, IBM’s enterprise-ready Hadoop offering, which makes it simpler to develop applications using existing SQL skills, compliance security and high availability features vital for enterprise applications. BigInsights offers three entry points: free download, enterprise software and now an expert integrated system, IBM PureData System for Hadoop.
- A new version of InfoSphere Streams, unique “stream computing” software that enables massive amounts of data in motion to be analyzed in real-time, with performance improvements, and simplified application development and deployment.
- A new version of Informix including TimeSeries Acceleration for operational reporting and analytics on smart meter and sensor data.
Pricing and Availability
All offerings are available in Q2, except the PureData System for Hadoop, which will start shipping to customers in the second half 2013. Credit-qualified clients can take advantage of simple, flexible lease and loan packages with no up-front payments for the software and systems that deliver a new generation of data analytics.
IBM Global Financing offers attractive leasing programs with 90-day payment deferrals for the PureData System for Hadoop, as well as zero percent loans for the broader portfolio of IBM big data solutions.