IBM has announced that it has reached agreement to resolve the patent lawsuit between IBM and The Priceline Group pending in the United States District Court for Delaware.
“As part of the confidential settlement, the parties will obtain patent cross-licenses to each company’s worldwide patent portfolio. IBM takes pride in its reputation and track record for innovation. This agreement further demonstrates the value of our intellectual property that results from this innovation,” said Dr. William Lafontaine, general manager of Intellectual Property for IBM. “We are pleased this matter has been resolved through negotiation and licensing.”
New technologies that are poised to redefine our economy. Such as, Blockchain is a technology for a new generation of transactional applications that establishes trust, accountability and transparency while streamlining business processes.
A blockchain has two main concepts. A business network, where members exchange items of value through a ledger, which each member possesses and whose content is always in sync with the others. It is the most disruptive technology of this decade.Blockchain technology market size will be worth 2.3 billion by 2021.
A blockchain is a shared, encrypted ledger that is maintained by a network of computers. It’s like a giant spreadsheet shared by many, that shared by multiple people, better known as blockchain, has the potential to eliminate huge amounts of record-keeping, save money.Blockchain is getting implemented across industries and professions. Several technology companies have already moved into this area, including Microsoft with the Azure cloud platform , IBM with IBM Blockchain, its public cloud service, and Amazon’s AWS, who has partnered with the Digital Currency Group and another technology services companies like TCS, Infosys, Wipro, Tech Mahindra and Capegemini also started giving services into this sector.
IBM is developing enterprise-ready solutions that overcome existing limitations of blockchain technology in terms of privacy, confidentiality, audibility, performance and scalability…..Read More
IBM has announced key clients and partnerships that are fuelling Internet of Things (IoT) innovation in India. This news kicks off IBM’s Genius of Things Summit in Mumbai where more than 200 customers, partners and industry leaders will discuss new ways of doing business and showcase innovative new real-life customer stories that demonstrate how IoT can disrupt the market.
“In today’s hyper connected era, business must be able to make sense of the massive amounts of data being generated to create a safer world, improve consumer experiences and deliver excellence in service. The key to this is Cognitive IoT,” said Karan Bajwa, Managing Director, IBM India/South Asia. “With an unparalleled, growing global ecosystem of over 6,000 clients, 1,400 partners and 750 IoT patents, IBM is uniquely positioned to lead the IoT revolution across industries and help companies in India plug into critical new revenue streams.”Read More
HSBC is working with IBM to develop a cognitive intelligence solution combining optical character recognition with advanced robotics to make global trade safer and more efficient for thousands of businesses.
HSBC’s Global Trade and Receivables Finance (GTRF) team facilitates over US$500 billion of documentary trade for customers every year, and in doing so must manually review and process up to 100 million pages of documents, ranging from invoices to packing lists and insurance certificates….Read More
IBM has appointed Karan Bajwa as Managing Director of IBM India Pvt. Ltd, succeeding Vanitha Narayana who is appointed as Chairman of IBM India Pvt. Ltd. These leadership announcements further demonstrate IBM’s commitment in the region.
Karan joined IBM in 2016 as Executive for Strategy and Transformation in the Asia Pacific region. Prior to this he was the Managing Director, Microsoft India where, besides leading the India business for the company, he also the led the Cloud Transition and the Ecosystem engagement. Prior to that, he has served in various roles in Microsoft and Cisco. Karan is not new to IBM, having worked for five years leading IBM’s networking business and based in Singapore from 2001 – 2005…Read More
To facilitate enterprises to take better advantage of Cloud, IBM and VMware have inked a strategic partnership. This partnership will help customers to extend their existing workloads, as they are, from their on-premises software-defined data center to the cloud.
“This partnership, an extension of our 14-year plus relationship with IBM, demonstrates a shared vision that will help enterprise customers more quickly and easily embrace the hybrid cloud. Our customers will be able to efficiently and securely deploy their proven software-defined solutions with sophisticated workload automation to take advantage of the flexibility and cost effectiveness of IBM Cloud,” said Pat Gelsinger, Chief Executive Officer, VMware…For More Details
IBM has unveiled a new mainframe, bringing the security of data encryption without slowing down system performance to mid-sized organizations. The new system, IBM z13s, is enabled and optimized for hybrid cloud environments and can help secure critical information and transactions better than before…Show full article