ibm Archives

AI Trends Forecast: IBM Software Business Continues to Thrive in Q4 2024

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5 days ago
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IBM reported its fourth quarter performance for the year 2024 with a total revenue of $17.553 billion, showing a 1% increase from the same period the previous year. The company...

Unveiling of IBM’s Concert Automation Tool Empowered by AI for Organizational Risk Analysis.

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9 months ago
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IBM now holds the reins of the automation platform, with the two popular IT systems Ansible acquired from Red Hat, and Terraform obtained through the HashiCorp deal, the latest buzz...

A Century Celebration: IBEM’s Evolution from Corporate Hardware Provider to Software Maven

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12 months ago
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This week marks the 100th anniversary of IBM officially changing its name from the Computing-Tabulating-Recording Co. (CTR) to the current name. Although IBM was founded in 1911, it publicly announced...

Improved: Duolingo eliminates 10% of contracted employees, employing AI to reduce workforce expansion needs.

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1 year ago
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Duolingo, the language training app developer, has announced the termination of its contract workers, representing 10% of its workforce. Intriguingly, Duolingo’s representatives explained that the company can now replace some...

IBM Harnesses the Power of AI to Tackle the Shortage of COBOL Programmers, Transforming Legacy Code into Java

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1 year ago
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IBM is preparing to use Generative AI to address the problem of the extensive use of COBOL language code in our world, particularly in the banking sector. However, most of...

Analysis of IBM’s Decision to Withdraw Advertisements from X Platform Following Proximity of Company Advertisements to Eulogy Content

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1 year ago
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IBM has announced its decision to withdraw its advertising on X after the company’s advertisements were placed near content supporting Nazism on the platform. IBM stated that it has suspended...

IBM Discloses Latest Quarter’s Performance: Software Venture Flourishes with an 8% Surge

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1 year ago
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IBM reported its Q3 2023 financial results, showing a 4.6% increase in revenue compared to the same period last year, reaching $14.752 billion. The company also achieved a net profit...