- 10:30 AM Buy GVK Power, says VK Sharma
- 10:19 AM Buy HOEC on all declines: Mitesh Thacker
- 10:13 AM Book profit in Sesa Goa at Rs 340: Thacker
- 10:04 AM SEBI bars Pyramid Saimira for 7yrs in IPO irregula...
- 09:58 AM Pantaloon Retail may slip to Rs 265: Thacker
- 09:56 AM Sensex flat; SBI, ICICI Bank, DLF, HDFC, RComm dip
- 09:55 AM Mkt may trade sideways on quiet global cues: Udaya...
- 09:54 AM State Trading Corporation can test Rs 425: M Thack...
- 09:51 AM Buy ITI with stoploss of Rs 45.50: M Thacker
- 09:49 AM Nifty has resistance at 4945-4950: Reliance Sec



The IBM India Research Laboratory (IRL), one of eight IBM Research labs across the globe, today announced the expansion of its Bangalore facility to address growing opportunities for “service innovation” in the region. As part of its expansion plans the Bangalore site of the IBM India Research Laboratory has moved to a larger facility at its Embassy Golf Links Campus, Bangalore.
As part of the expansion, IBM will open this facility in Bangalore to its clients, to connect its researchers with the most difficult, real world problems facing the services industry, in the areas of business intelligence, systems management, and optimization. The new world-class facility of the IBM India Research Laboratory, Bangalore has more than double the floor space of the earlier location, increased headcount and will provide IBM better bandwidth to address services innovation needs of a larger client base worldwide; correspondingly to attract, motivate and retain a strong talent pool.
“Innovation is about how one can couple it with deep insight to create new value – for business, for government, for academia, for institutions of all kinds, and for global society,” said Dr. Daniel Dias, Director, IBM India Research Laboratory. “This is certainly true of IBM Research where our scientists solve large-scale, real-world problems using scientific tools.”
Services now account for a large portion of IBM's business and the global economy; it is also playing a role in transforming the economies of developing nations and emerging growth markets. Its growing importance has led the IBM India Research Laboratory to increase focus on developing techniques and methods in service science and their applications to the service delivery business of IBM India. The laboratory will drive more services innovation by leveraging the research team’s co-location with other IBM divisions to identify opportunities, validate their ideas or prototypes, and bring a wide array of innovations, tools, and expertise directly to customers.
“We work collaboratively with clients on real-world business challenges and opportunities,” said Dr. Guruduth Banavar, Associate Director, IBM India Research Laboratory, Bangalore. While clients benefit from working directly with IBM's technical experts and resources, gaining innovations that are more targeted to their specific needs – the researchers benefit by acquiring first-hand knowledge of client technology, business processes and challenges to spur further innovations.
Technical innovation is a prerequisite in the emerging services economy. This is significant as the nature of client demand is changing; customers want to change their business model, optimize their operation and enable new revenue growth. In a globalizing world if you don’t innovate you get commoditized. The technical and business expertise of IBM will help customers to capitalize quickly on the opportunities created by innovation, market shifts, and unanticipated developments.
According to IDC IBM is the number one IT services provider in India. IBM also services its global clients out of India; IBM Research is already building a pipeline of technologies that will help enable customers to better generate unique business insight and use this knowledge to capture a fast-moving market opportunity. For example, researchers at the IBM India Research Laboratory, Bangalore, recently unveiled Resiliency Maturity Index (RMI), an innovative framework for building a resilient enterprise which is effective in dealing with simple power and network failures, to massive breakdowns from terrorist attacks, natural disasters, and pandemics. The framework can be utilized to make investment decisions by quantitatively iewing the impact of an investment in a specific area on the overall resiliency score of the organization.
Today, through sustained innovations, the IBM India Research Laboratory continues to bring many innovations in the region. In India, the lab is busy not only in innovating but also applying those innovations for real customer benefits. While its list of achievements runs long, the lab recently rolled out many technologies including Sensei (a web-based, interactive language learning technology), Business Finder (a next-generation, real-time, presence-based mobile resources management technology), and Score/Erocs (an information management technology designed to help HDFC Bank rapidly enhance customer care and identify new business opportunities). Using IBM Desktop Hindi Speech Recognition technology, the IBM India Research Laboratory and Centre for Development of Advanced Computing (C-DAC) recently announced the development of Shrutlekhan-Rajbhasha, a Hindi speaker independent, continuous speech recognition system.
IBM invests over $6 billion a year invested in R & D. The company has earned more U.S. patents than any other company in the world for 14 consecutive years.
Sourced From: Vox Public Relations
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Today's Special Column
with Ashok Gulati
International Food Policy Research Institute , Director in Asia


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