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IBM News and Announcements

Microsoft fairly and squarely beat Amazon in $10 billion Pentagon cloud contract
The prestigious contract went to the superior company, despite detractors who claim President Trump opposed Amazon.
Thu, 05 Dec 2019 23:20:00 +0000
Amazon Roundup: Thanksgiving Weekend Results & More
Amazon challenged Pentagon contract award to Microsoft as the holiday season started.
Thu, 05 Dec 2019 20:38:08 +0000
Amazon Suit Claims Trump Bias Tainted Cloud Bid, Judge Says
(Bloomberg) -- Inc. claims it lost a Pentagon cloud contract valued at as much as $10 billion because of political interference by President Donald Trump, according to the judge overseeing the case.Federal Claims Court Judge Patricia Campbell-Smith said during a court proceeding last week that Amazon’s lawsuit argues that the Pentagon didn’t award the cloud deal to Microsoft Corp. on the basis of a fair evaluation of the companies’ bids.“Plaintiff contends that the procurement process was compromised and negatively affected by the bias expressed publicly by the president and commander in chief Donald Trump against plaintiff,” Campbell-Smith said in a recording of a status hearing released Thursday by the U.S. Court of Federal Claims in Washington.The judge’s comments were the first public confirmation that Amazon cited bias by Trump as grounds to overturn the award to Microsoft. Trump has long criticized Amazon founder Jeff Bezos on everything from the shipping rates his company pays the U.S. Postal Service to his personal ownership of what Trump calls “the Amazon Washington Post.”The contract was awarded to Microsoft “despite what plaintiff characterizes as its depth of experience, superior technology and proven record of success in handling the most sensitive government data,” Campbell-Smith said.Amazon filed a lawsuit under seal with the court last month to formally protest its loss of the Pentagon’s Joint Enterprise Defense Infrastructure, or JEDI, cloud contract.For More: Amazon’s $10 Billion Pentagon Challenge: Proving Trump MeddledCampbell-Smith said Amazon is seeking to prohibit the Defense Department from proceeding without a new evaluation or award decision. The company is requesting that the Pentagon either reevaluate bids or reopen the procurement to allow for bid revisions, the judge said.Campbell-Smith also granted Microsoft’s request to intervene in the suit.In July, Trump stunned lawmakers and technology companies when he openly questioned whether the JEDI contract was being competitively bid, citing complaints from Microsoft, Oracle Corp. and International Business Machines Corp.Dana Deasy, the Pentagon’s chief information officer, said during his confirmation hearing in late October that to the best of his knowledge, no one from the White House reached out to any members of the JEDI cloud contract selection team.The Pentagon’s JEDI cloud project is designed to consolidate the department’s cloud computing infrastructure and modernize its technology systems. The contract is worth as much as $10 billion over 10 years and could offer the winner a bigger foothold in the burgeoning federal cloud market.(Updates with Amazon seeking new evaluation and decision from seventh paragraph)To contact the reporter on this story: Naomi Nix in Washington at nnix1@bloomberg.netTo contact the editors responsible for this story: Sara Forden at, Larry LiebertFor more articles like this, please visit us at©2019 Bloomberg L.P.
Thu, 05 Dec 2019 18:59:11 +0000
Urbem's 'Wonderful Business' Series: NIC Inc.
A growing toll bridge business on the cloud with moderate risks Continue reading...
Thu, 05 Dec 2019 16:35:20 +0000
IBM's Maximo Solution to Aid ASPI Manage Civil Infrastructure
Robust demand of IBM Maximo on strength in asset optimization and management capabilities is expected to favor the top line in the days ahead.
Thu, 05 Dec 2019 15:17:03 +0000
AEGEAN Airlines selects IBM to Deliver Innovative Customer Experiences
IBM (NYSE: IBM) today announced a new agreement with AEGEAN - the largest Greek airline company and member of Star Alliance- to use IBM public cloud to transform its internal business processes and further enhance its customer experience. This agreement follows a multi-year agreement for the implementation of core applications and the delivery of IBM Cloud Hosting Services to help accelerate the airline's digital transformation strategy.
Thu, 05 Dec 2019 14:00:00 +0000
IBM Named a Leader in IDC MarketScape: Worldwide Support Services 2019 Vendor Assessment
IBM (NYSE: IBM) today announced that IDC has named IBM a "Leader" among seven other providers in the IDC MarketScape: Worldwide Support Services 2019 Vendor Assessment (October 2019, IDC US45595819e). According to the IDC MarketScape report, "IBM's global presence and partnerships make the company a great fit for large enterprises and customers state that the partnerships IBM creates at the higher levels of the C-suite allow IBM to truly understand the business needs of the customer and, in return, the C-suite of the customer has access to IBM executives."
Thu, 05 Dec 2019 14:00:00 +0000
IBM (IBM) Stock Sinks As Market Gains: What You Should Know
IBM (IBM) closed at $131.99 in the latest trading session, marking a -0.1% move from the prior day.
Wed, 04 Dec 2019 22:45:10 +0000
Amazon Web Services pivots to the future with a flurry of features
A series of product announcements highlighted Amazon’s intentions to weave its services more closely with on-premises data centers, an area where Microsoft is particularly strong.
Wed, 04 Dec 2019 22:23:00 +0000
Does International Business Machines Corporation’s (NYSE:IBM) ROCE Reflect Well On The Business?
Today we are going to look at International Business Machines Corporation (NYSE:IBM) to see whether it might be an...
Wed, 04 Dec 2019 16:45:45 +0000
Autostrade per l'Italia and IBM Announce an Innovative Autostrade "IOT" Solution to Monitor and Manage Infrastructure in Real-Time Based on IBM Maximo
Autostrade per l'Italia (ASPI) today announced a new solution that integrates the latest IBM (NYSE: IBM) infrastructure monitoring and management technology designed to support operators in monitoring the condition of civil infrastructure, both in real-time and throughout the lifecycle of structures such as bridges, roads and tunnels.
Wed, 04 Dec 2019 13:00:00 +0000
Dell is looking to give more business to AMD due to Intel's chip shortage
Dell is on the hunt for chips.
Tue, 03 Dec 2019 15:09:33 +0000
Amazon Enters Quantum Computing Market With Amazon Braket
Amazon's (AMZN) AWS announces preview launch of its quantum computing service, Amazon Braket, which will strengthen its market position.
Tue, 03 Dec 2019 14:44:02 +0000
Profit Takers Abound as Stocks Pull Back
U.S. stock prices fell by 1%. The market anticipates more European growth, while gold and silver are poised to rally.
Mon, 02 Dec 2019 23:27:28 +0000
Cloudera (CLDR) to Report Q3 Earnings: What's in Store?
Cloudera's (CLDR) third-quarter fiscal 2020 results are expected to reflect an expanding product portfolio and customer base.
Mon, 02 Dec 2019 14:48:02 +0000
IBM Focuses on Expanding its Watson Health Imaging Business
IBM highlighted its recent collaborations in the medical imaging market, which is part of the Watson Health unit.
Mon, 02 Dec 2019 14:16:02 +0000
Value ETFs Poised to Resume Uptrend
Value stocks have outperformed their growth peers in late 2019. Position for the trend to continue with these three value ETFs.
Mon, 02 Dec 2019 13:39:21 +0000
IBM Watson Health Demonstrates Global Imaging Market Momentum
Today, at the 105th RSNA Scientific Assembly and Annual Meeting, IBM (NYSE: IBM) Watson Health™ highlighted its recent clients and collaborations for its IBM Watson Health Imaging artificial intelligence (AI) platform, a leading provider of innovative artificial intelligence, enterprise imaging and interoperability solutions available through multiple products and services trusted by medical professionals worldwide.
Sun, 01 Dec 2019 13:00:00 +0000
Xerox Is Attempting to Buy HP. History Says It’s a Bad Idea.
FEATURES - MAIN Mergers and acquisitions are no replacement for innovation, but that has never stopped tech firms from trying to buy their way into the future. In 1986, Burroughs bought Sperry for $4.
Fri, 29 Nov 2019 19:48:00 +0000
Tech’s Pioneers Have Been Left Behind. Their Stocks Are Cheap—and Complicated.
As Xerox makes a daring bid for HP Inc., old-line tech struggles for relevance. Weighing the future of Cisco, IBM, Intel, Oracle, and others.
Fri, 29 Nov 2019 19:46:00 +0000

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