The report stated that in India, companies in the industrial sector are highly vulnerable to such breaches.
Underscoring the drive into high-margin businesses, IBM in October agreed to buy Red Hat, the company's biggest acquisition in its more than 100-year history.
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IBM is seeking to expand its subscription-based software offerings via the deal, its biggest to date, to counter slowing software sales and waning demand for mainframe servers.
It will now be easier for developers to analyze and build machine learning models into applications using Db2.
The deal will also provide a platform for fast-track joint initiatives in Artificial Intelligence and Internet of Things.
In a conversation with Moneycontrol, Arvind Krishna, Senior Vice President, Cloud and Cognitive Software, IBM, spoke about the company’s stand on data privacy and adoption of artificial intelligence.
Rometty, the chairman, president and chief executive of the company, added the same problem is faced in other markets as well.
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Rometty said the program is not about conducting technical training session, but to focus on basics of critical thinking, life skills, among others.
Natarajan pointed out that he was surprised to see the machine learn from the counterpoints and then reply with the data from its research base in real time.
Valued at USD 26.3 billion, Accenture took the title of the world's most-valued IT services brand. The tag was previously held by IBM, which now occupied the second place with a brand value of USD 20.4 billion, according to the report.
As part of the deal, the UK-based telecoms operator will pay $550 million to IBM under an eight-year managed-services agreement that will offer tools such as artificial intelligence (AI) and automation to networked businesses.
IBM inventors from India received over 800 of patents, the second highest contributor to the global record tally, it added.
TRAI and telecom providers have been working with tech firms to know how blockchain could address issues of coordination among multiple parties with respect to DNC registries and number portability.
The deal, which is the biggest ever by an Indian IT services provider, seeks to capitalise on HCL’s customer base and over 5,000 customers these IBM products have.
The stock dropped 4.98 per cent to close at Rs 961.55 on BSE. Intra-day, the scrip had hit a low of Rs 935, down 7.6 per cent.
The week saw some interesting local and global developments in technology, including results of Tech Mahindra and Cognizant, and interesting acquisitions by IBM and TCS
The IBM-Red Hat deal is expected to give the new entity more teeth against AWS, Google, Microsoft and VMware in the hybrid cloud space.
IBM, which has a market capitalization of $114 billion, will pay $190 per share in cash for Red Hat, a 63 percent premium to Friday's closing share price.
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The US-based company launched 'Watson decision platform for agriculture' globally Monday evening, eyeing the $2.4-trillion agriculture market.
The AI Horizons Network is a group of IBM researchers, world-class faculty and top graduate students working together on a series of advanced research projects and experiments designed to accelerate the application of AI, machine learning
China and the US are leading the global drive to develop blockchain applications.
"2017 has been the costliest year ever for natural disasters in the Indian sub-continent. At the same time, India has the second largest developer community with 3.5 million developers - a community with great potential to create innovative solutions," Seema Kumar, Country Leader, Developer Ecosystem and Startups at IBM, said.