IBM and NUS Collaborate to Promote FinTech and Blockchain Training in Singapore

The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, are collaborating to jointly develop a module on financial technology, to better equip students with essential knowledge and skill sets in this area.

Posted on: 25 April 2017 | 7:08 am

Flotek and IBM Begin Development of Cognitive Reservoir Performance System for Upstream Oil & Gas Industry

IBM and Flotek Industries, Inc. today announced a global agreement to develop a cognitive reservoir performance system for the oil and gas industry. The new system uses IBM Watson Explorer technology to analyze Flotek’s proprietary oilfield chemistry research, oil & gas client-contributed data and publicly reported sources from completion and production to reveal insights and identify new approaches to enhance the performance of wells throughout their entire life-cycle. For example, this solution will enhance oilfields by enabling decision making using machine learning for better production performance to improve oil recovery.

Posted on: 25 April 2017 | 6:32 am

IBM, NVIDIA, Stone Ridge Technology Set Record in High Performance Computing in Oil & Gas

IBM and Stone Ridge Technology today announced a performance milestone in reservoir simulation designed to help improve efficiency and lower the cost of production. Working with NVIDIA, the companies shattered previous published results using one-tenth the power and 1/100th of the space. The news demonstrates the ability of NVIDIA GPUs to simulate one billion cell models in a fraction of the published time, while delivering 10x the performance and efficiency than legacy CPU codes.

Posted on: 25 April 2017 | 5:03 am

Danish Foreign Minister to Visit IBM Global Watson Internet of Things Headquarters in Munich

IBM today announced that Danish Foreign Minister Anders Samuelsen is visiting its global Watson Internet of Things (IoT) headquarters in Munich. During his visit, Foreign Minister Samuelsen will get an in-depth look at the work IBM is doing around Industry 4.0, IoT and artificial intelligence (AI) as well as a tour the industry’s first ever cognitive collaboratories.

Posted on: 25 April 2017 | 5:01 am

ABB and IBM Partner in Industrial Artificial Intelligence Solutions

ABB and IBM today announced a strategic collaboration that brings together ABB’s industry leading digital offering, ABB Ability TM, with IBM Watson Internet of Things cognitive capabilities to unlock new value for customers in utilities, industry, transport and infrastructure.

Posted on: 25 April 2017 | 12:03 am

IBM Brings Cognitive Manufacturing to the Factory Floor

At Hannover Messe 2017, IBM today launched a new IBM Watson Internet of Things (IoT) solution, Cognitive Visual Inspection, to provide manufacturers with a ‘cognitive assistant’ on the factory floor to minimize costly defects and increase product quality. In fact, based on early testing of a production cycle that typically takes 8 days with ½ day required for needed visual inspection, the new IBM solution reduced inspection time by 80 percent and cut manufacturing defects by 7-10 percent.

Posted on: 25 April 2017 | 12:02 am

Lanka Bell Teams with IBM to Accelerate Cloud Adoption in Sri Lanka

Lanka Bell, Sri-Lanka’s leading telecommunications service provider today announced a collaboration with IBM to provide cloud services to enterprises, start-ups, developers and government bodies via the IBM Cloud. As a part of the agreement, the two companies will jointly market and sell new offerings for public, private and hybrid cloud deployments, including workload migrations, disaster recovery and capacity expansion solutions via the IBM Cloud.

Posted on: 24 April 2017 | 11:03 pm

IBM and AIM Photonics Announce IP Licensing Agreement

IBM and AIM Photonics, The American Institute for Manufacturing Integrated Photonics, an institute of Manufacturing USA, today announced a patent and intellectual property licensing agreement and confirmed IBM has joined the AIM Photonics consortium, which seeks to advance integrated photonic circuit manufacturing and technology development.

Posted on: 24 April 2017 | 9:22 pm

IBM Board Approves Increase in Quarterly Cash Dividend for the 22nd Consecutive Year

The IBM board of directors today declared a regular quarterly cash dividend of $1.50 per common share, payable June 10, 2017 to stockholders of record as of May 10, 2017. Today’s dividend declaration represents an increase of $0.10, or seven percent higher than the prior quarterly dividend of $1.40 per common share.

Posted on: 24 April 2017 | 8:41 pm

"Outthink Hidden" AR Experience Available to Attendees at Tribeca Film Festival®

IBM today announced that Outthink Hidden, an augmented reality (AR) experience that brings unsung heroes of innovation to life, will be available to attendees of the Tribeca Film Festival®. Inspired by the 20th Century Fox film, Hidden Figures, Outthink Hidden is accessible via the T Brand Studio AR app for free download on iTunes and Google Play. The AR experience can be activated on a mobile device at physical plinths at the festival.

Posted on: 24 April 2017 | 8:31 pm