Armonk, New York-based IBM has in recent years shifted focus to pockets of growth across its business” high-margin areas such as cloud, cybersecurity and data analytics” to counter a slowdown in its hardware and software businesses.
The new standard, called Open Coherent Accelerator Processor Interface (OpenCAPI), is an open forum to provide a high bandwidth, low latency open interface design specification.
Big Blue has made solid progress as it shifts into high-growth areas such as cloud-based services, and both profit and revenue beat analysts' expectations in the second quarter.
Accenture has been investing heavily to boost its digital business, which offers analytics, content management, social media and cloud services to businesses.
EMC has asked for a 'go-shop' provision to be included in the merger agreement that will allow it to solicit bids from other parties and pay a discounted breakup fee to Dell if there is a deal with another company, the people said.
The consulting business accounts for a little more than half of Accenture's total revenue, with its outsourcing unit contributing the rest.
With an urban population set to rise by more than 400 million people to 814 million by 2050, India faces the kind of mass urbanisation only seen before in China, and many of its biggest cities are already bursting at the seams.
The report follows revelations by former US spy agency contractor Edward Snowden of widespread surveillance by the National Security Agency. It also comes as Beijing probes Western drugmakers over allegations of bribery and over-pricing
IBM Corp , the world's largest technology services company, reported an increase in first-quarter earnings, but missed estimates due to the depreciation of the Japanese yen.
Microsoft launched a radical redesign of its world-dominating Windows operating system, introducing a touch-enabled interface that attempts to bridge the gap between personal computers and fast-growing mobile devices powered by the company's fiercest competitors.
A strong report from IBM Corp, particularly a pick-up in technology services contracts that have been a weak point in the past year, could lift Wall Street's confidence in the technology sector.