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Exam Code: 000-186 Practice exam 2022 by Killexams.com team
IBM Business Process Manager Express or Standard Edition V7.5.1 BPM Application Development
IBM Application reality
Killexams : IBM Application reality - BingNews https://killexams.com/pass4sure/exam-detail/000-186 Search results Killexams : IBM Application reality - BingNews https://killexams.com/pass4sure/exam-detail/000-186 https://killexams.com/exam_list/IBM Killexams : Yes, IBM is in the insurance technology business

“We do business with … the top 100 insurance companies in the world,” said Mark McLaughlin (pictured), IBM’s general manager of insurance.

That reality appears to be not widely known.

“The number one complaint I hear from our customers, from our insurtech partners and from our salespeople is ‘I didn’t know IBM did that,’” McLaughlin said during the exact ITC 2022 conference in Las Vegas. “I don’t think we’ve gotten the word out as much as we need to.”

McLaughlin, speaking during the exact ITC 2022 conference in Las Vegas, explained that the company’s insurance industry business is quite substantive, helping insurer clients pull together software, data, AI, security, and services. IBM also offers process consulting, process automation, technical assistance support and hardware capabilities.

IBM’s insurance reach includes personal lines, commercial lines, life insurance, group benefits and reinsurance, McLaughlin noted.

McLaughlin, in his current position for about six months, handled R&D strategies for the insurance industry at IBM before that. Going back further, he’s a 15-year veteran of IBM’s insurance practice.

Beyond mainframe

McLaughlin noted that many insurers still use mainframes and have huge investments in their core operational systems, while others are looking at cloud-based applications and trying to figure out how to customize that technology to their needs. Still others are trying to partner with insurtechs to take advantage of their distribution, digital capabilities, models and newer sources of data. IBM, he said, works in all scenarios.

“We catalyze [products and services] across that,” McLaughlin said. “IBM is really investing a great deal of money to provide the sort of connective glue that helps connect the legacy systems that you might still need, and also modernize the systems that you decide you don’t need.”

The goal, he said is to connect those technology pieces to data in the insurtech “layer.”

IBM also helps insurance companies automate, he said.

“I’ve got automation tools, AI models, I’ve got different AI capabilities, but I have to deploy those across an average of 14 policy administration systems that insurance companies carry,” McLaughlin said. 

IBM has long provided business consulting to insurance companies, via its database tools, to help them with challenges such as pricing more efficiently. The emergence of insurtechs has led IBM to expand its focus toward helping clients partner with startups. Insurers have plenty in this area with which they need help, McLaughlin explained.

“People think the insurtechs are trying to displace the insurers … but most of them, honestly, just want to partner with the insurer and build a better mousetrap and do claims faster or market better,” McLaughlin said. “We are about, how do you connect with [them] quickly. The number one thing that insurers complain to us about is speed to market. They know they have to roll-out value added services. They know they have to have a mobile experience that connects with insurers. Doing that and the sprawl of IT that insurers have today –it’s really hard and takes a long time.”

Legacy versus the cloud

In the insurtech age, some insurers are getting rid of their old legacy systems and replacing them with cloud-based platforms that are easier to adapt and modernize. Insurtechs, in turn, often pronounce those older networks as outdated and unnecessary in today’s market. According to McLaughlin, it’s not as simple as getting rid of an older system and replacing it with something new.

“You have to think about ‘what are the characteristics of your insurance workload’ and ‘where is the best place to run that workload?’ In that world, theirs is going to be a mix of public cloud, private cloud, mainframe and specialized data appliances in … an existing data center,” McLaughlin said. “Most insurers report that as the future.”

At the same time, McLaughlin declined to advocate for a specific must-have technology for insurers in the insurtech age. Instead, he urges insurers to avoid “locking” themselves into a rigid technology option.

“If you are stuck on one core, if you are stuck with one cloud, you are limited in your ability to compete relative to insurance companies,” McLaughlin said.

 AI and in-depth data analytics are also particularly useful these days toward helping insurers strengthen their customer base, he added.

“We have to know our customers better [and] we have to know our risks better,” McLaughlin said. “We have to be able to deploy those insights in ways that help insurance and healthcare distributors serve insurance more effectively.”

Mon, 10 Oct 2022 23:00:00 -0500 en text/html https://www.insurancebusinessmag.com/us/news/technology/yes-ibm-is-in-the-insurance-technology-business-423505.aspx
Killexams : IBM’s former CEO downplays the importance of a college degree for six-figure earning ‘new collar’ jobs that now make up half of its workers

A four-year bachelor’s degree has long been the first rung to climbing America’s corporate ladder.

But the move to prioritize skills over a college education is sweeping through some of America’s largest companies, including Google, EY, Microsoft, and Apple. Strong proponents say the shift helps circumvent a needless barrier to workplace diversity.

“I really do believe an inclusive diverse workforce is better for your company, it’s good for the business,” Ginni Rometty, former IBM CEO, told Fortune Media CEO Alan Murray during a panel last month for Connect, Fortune’s executive education community. “That’s not just altruistic.”

Under Rometty’s leadership in 2016, tech giant IBM coined the term “new collar jobs” in reference to roles that require a specific set of skills rather than a four-year degree. It’s a personal commitment for Rometty, one that hits close to home for the 40-year IBM veteran.

When Rometty was 16, her father left the family, leaving her mother, who’d never worked outside the home, suddenly in the position to provide.

“She had four children and nothing past high school, and she had to get a job to…get us out of this downward spiral,” Rometty recalled to Murray. “What I saw in that was that my mother had aptitude; she wasn’t dumb, she just didn’t have access, and that forever stayed in my mind.”

When Rometty became CEO in 2012 following the Great Recession, the U.S. unemployment rate hovered around 8%. Despite the influx of applicants, she struggled to find employees who were trained in the particular cybersecurity area she was looking for.

“I realized I couldn’t hire them, so I had to start building them,” she said.

In 2011, IBM launched a corporate social responsibility effort called the Pathways in Technology Early College High School (P-TECH) in Brooklyn. It’s since expanded to 11 states in the U.S. and 28 countries.

Through P-TECH, Rometty visited “a very poor high school in a bad neighborhood” that received the company’s support, as well as a community college where IBM was offering help with a technology-based curriculum and internships.

“Voilà! These kids could do the work. I didn’t have [applicants with] college degrees, so I learned that propensity to learn is way more important than just having a degree,” Rometty said.

Realizing the students were fully capable of the tasks that IBM needed moved Rometty to return to the drawing board when it came to IBM’s own application process and whom it was reaching. She said that at the time, 95% of job openings at IBM required a four-year degree. As of January 2021, less than half do, and the company is continuously reevaluating its roles.

For the jobs that now no longer require degrees and instead rely on skills and willingness to learn, IBM had always hired Ph.D. holders from the very best Ivy League schools, Rometty told Murray. But data shows that the degree-less hires for the same jobs performed just as well. “They were more loyal, higher retention, and many went on to get college degrees,” she said.

Rometty has since become cochair of OneTen, a civic organization committed to hiring, promoting, and advancing 1 million Black individuals without four-year degrees within the next 10 years.

If college degrees no longer become compulsory for white-collar jobs, many other qualifications—skills that couldn’t be easily taught in a boot camp, apprenticeship program, or in the first month on the job—could die off, too, University of Virginia Darden School of Business professor Sean Martin told Fortune last year.

“The companies themselves miss out on people that research suggests…might be less entitled, more culturally savvy, more desirous of being there,” Martin said. Rather than pedigree, he added, hiring managers should look for motivation.

That’s certainly the case at IBM. Once the company widened its scope, Rometty said, the propensity to learn quickly became more of an important hiring factor than just a degree.

This story was originally featured on Fortune.com

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Sun, 16 Oct 2022 06:27:00 -0500 en-US text/html https://finance.yahoo.com/news/ibm-former-ceo-downplays-importance-165139880.html
Killexams : Former IBM infra wing Kyndryl links with Microsoft to pipe mainframe data to cloud © Provided by The Register

Isn't it ironic: Potentially helping its former customers to ditch big iron

Microsoft and Kyndryl have unveiled a new aspect of their global strategic partnership with plans to help enterprise customers make better use of data held on mainframe systems.…

According to Kyndryl, the services outfit has worked with Microsoft in order to enable data pipelines between mainframe systems (including Kyndryl's zCloud platform) and Microsoft's Azure cloud, intended to make it easier for customers to move data stored on their mainframes to a cloud environment for analysis.

Kyndryl is the former IT infrastructure services division of IBM, which Big Blue spun out last year, and so it would be ironic if it were now helping IBM customers to ditch the mainframe – though the reality is more complicated than that, of course.

The zCloud platform is Kyndryl's managed multi-tenant mainframe cloud service.

Microsoft and Kyndryl announced the formation of their trade relationship within days of the Kyndryl spinoff being finalized last year. However, the company now has agreements with all three of the big cloud providers.

The purpose of this new arrangement is for Kyndryl to help enterprise clients squeeze more value from their mainframe data by connecting it with the Microsoft Power Platform, various cloud-based tools that Redmond offers which combine low-code application development and workflow automation with existing services such as Power BI.

In a short video, Kyndryl's VP and CTO for zCloud Richard Baird discloses how the company has linked its zCloud platform and Microsoft Azure. It involves deploying an Azure Stack HCI environment alongside a mainframe in one of Kyndryl’s zCloud Centers, or a customer’s own datacenter, then using that as the integration point between the mainframe and the Microsoft Power Platform.

Integrating cloud-based functionality with the mainframe not only preserves the value of existing enterprise IT investments, but enhances them to enable faster digital transformation, Kyndryl claimed, which hints that it doesn't quite see the mainframe going away just yet.

Instead, Kyndryl talked up the creation of a hybrid environment that makes mainframe data available via Azure and opens it up to the benefits of cloud-based applications, machine learning and AI. What this means is that - in theory - mainframe customers can choose the right platform for the right workload, it said.

"Microsoft's AI-enabled Power Platform capabilities, Kyndryl's rich mainframe ecosystem, and managed services experience are a strong combination that will help customers unlock their mainframe data," said Microsoft's VP for Global System Integrator and Advisory Partners, Kelly Rogan.

Kyndryl and Microsoft said they also plan to combine mainframe data with other internal and external cloud-based data sources, in order to let customers create new applications that make use of modern analytics and visualization tools.

As part of the joint mainframe modernization initiative, Kyndryl said it will offer consulting and integration services to help customers more easily and efficiently plan, design, and connect mainframe data to Azure Cloud and Edge Computing environments. ®

Fri, 07 Oct 2022 02:54:29 -0500 en-US text/html https://www.msn.com/en-us/news/technology/former-ibm-infra-wing-kyndryl-links-with-microsoft-to-pipe-mainframe-data-to-cloud/ar-AA12HWn2
Killexams : How To Turn An AI Idea Into A Real Product

Oleg Lola, founder and CEO at MobiDev, a custom software development company.

Four years ago, Gartner predicted that by 2022, 85% of AI projects would fail to deliver tangible outcomes. But eventually, according to the IBM Global AI Adoption Index, around 66% of tech companies either execute or plan to apply AI today. This means the market is still growing, and there is no other way to stay competitive but to adopt artificial intelligence.

The prosperity of AI products, in turn, makes it easier for new applications to grow by producing technical resources. However, publicly available assets don’t make it any easier to adopt. As Gartner reports, only 53% of AI projects go from prototypes to production.

Technical complexity might seem an obvious reason for an initiative to fail, but that’s not always the case. As in my observation, the majority of AI product ideas die before any development has even started. This has to deal with the approach entrepreneurs try to apply and misconceptions businesses have about technology in general.

Where should an AI project start?

Any application has front-end and backend components, with some business logic laid underneath. That’s what basically dictates the terms when we plan a roadmap for future development by setting milestones, goals and feature lists.

Obviously, AI applications don’t exist in a vacuum without an interface or backend infrastructure to make the whole thing run. Whether you’re about to glue some functionality to the existing app or build a whole new product, you’ll definitely need to develop working software around AI. But does it mean we can treat AI projects like traditional ones? The short answer: Definitely not, and the reason why is that there is much more uncertainty.

The idea of an AI product is formed over the data and how it can be used to achieve certain results. But even at the point of data understanding, and what potential model can be used, it is still impossible to predict if these things actually work together. When it comes to machine learning, the same model may suit one task, but completely fail at another similar task. This makes early-stage planning completely useless both for the AI part and the usual software, as we can’t be sure the idea is viable. So where should we start?

Embrace proof-of-concept.

The worst-case scenario is the one where you ignore the uncertainty factor and build your plan over too much uncertainty. Over the years, we’ve developed a solid understanding that a proof-of-concept, or POC approach, is the only way to dispel doubts around customers’ AI project ideas. POC is a collaborative experiment where we try to realize our assumptions into something working.

Ultimately, starting with POC helps to set the borders and understand the requirements for the project in the short term. Concerning the budget, POC is also beneficial for your project, as it clarifies the initial scope of work. Which allows us to estimate the time and resources needed. And here, your chances to go for a pilot increase much higher.

However, there is one potential pitfall to know about. Any AI project is still a scientific project that requires tons of experiments to make things work. As we strive to build an application that will work in production, we need to search for proof of concept in conditions as close as possible to real life. This means you want to avoid running POC with completely odd data in a laboratory environment.

Understand the innovativeness of your project.

The next thing to pay attention to is the innovativeness of your product idea. Among our customers, there is a clear trend of having wrong expectations on the project development time, budget and resources required. In the ideal world, a well-known technology should be easy to adopt. But in reality, any AI application case requires some time to investigate the details.

During the last 10 years, the world has seen thousands of AI applications, with over 8 thousand active startups in 2022. Thanks to the tech community, many of the resources stay available and are open to the public. Namely, there are numerous open-source models designed for different AI tasks and datasets collected for a specific type of AI research.

Depending on the innovativeness of your project, all of those open source assets may or may not be used to some degree. The relationship here is pretty linear.

• The newer the idea, the fewer data and pretrained models are available out of the box. This means additional effort for data collection, understanding, labeling and genuine model training.

• The more straightforward your idea is, the richer open-source assets are available for any stage of your project. For example, tasks like object detection in computer vision will require less preparation because there are a plethora of pretrained models and tons of data available.

The earlier you understand the general terms, the sooner you can set the right expectations on the project’s duration and complexity.

Don’t chase early estimates.

The absence of clear estimates is a huge pain factor for any entrepreneur. But in the case of AI projects, it is fairly difficult to provide numbers and deadlines early on, especially before any investigation of the idea is done. That’s where POC iterations come in handy.

Any estimates should be formed based on the technical feedback that is produced during the elaboration phase. For a business person, the best way is to trust the technical feedback of your team and follow along. Data science experts and machine learning engineers are much more aware of the risks and can form rough orders of magnitude and further estimates if you allow them to figure out the project requirements in a real experiment.

But as a bigger part of advice, you also need to treat your AI project as your business strategy to ensure proper resource allocation and gradual investment in the development.


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Wed, 05 Oct 2022 01:50:00 -0500 Oleg Lola en text/html https://www.forbes.com/sites/forbestechcouncil/2022/10/05/how-to-turn-an-ai-idea-into-a-real-product/
Killexams : IBM Redefines Hybrid Cloud Application and Data Storage Adding Red Hat Storage to IBM Offerings

Newly expanded software-defined storage portfolio enables IBM to deliver a consistent experience from edge-to-core-to-cloud

ARMONK, N.Y., Oct. 4, 2022 /PRNewswire/ -- IBM (NYSE: IBM) announced today it will add Red Hat storage products and Red Hat associate teams to the IBM Storage business unit, bringing consistent application and data storage across on-premises infrastructure and cloud.

IBM Corporation logo. (PRNewsfoto/IBM)

With the move, IBM will integrate the storage technologies from Red Hat OpenShift Data Foundation (ODF) as the foundation for IBM Spectrum Fusion. This combines IBM and Red Hat's container storage technologies for data services and helps accelerate IBM's capabilities in the burgeoning Kubernetes platform market.

In addition, IBM intends to offer new Ceph solutions delivering a unified and software defined storage platform that bridges the architectural divide between the data center and cloud providers. This further advances IBM's leadership in the software defined storage and Kubernetes platform markets.

According to Gartner, by 2025, 60% of infrastructure and operations (I&O) leaders will implement at least one of the hybrid cloud storage architectures, which is a significant increase from 20% in 2022.1 IBM's software defined storage strategy is to take a "born in the cloud, for the cloud" approach—unlocking bi-directional application and data mobility based on a shared, secure, and cloud-scale software defined storage foundation.

"Red Hat and IBM have been working closely for many years, and today's announcement enhances our partnership and streamlines our portfolios," said Denis Kennelly, general manager of IBM Storage, IBM Systems. "By bringing together the teams and integrating our products under one roof, we are accelerating the IBM's hybrid cloud storage strategy while maintaining commitments to Red Hat customers and the open-source community."

"Red Hat and IBM have a shared belief in the mission of hybrid cloud-native storage and its potential to help customers transform their applications and data," said Joe Fernandes, vice president of hybrid platforms, Red Hat. "With IBM Storage taking stewardship of Red Hat Ceph Storage and OpenShift Data Foundation, IBM will help accelerate open-source storage innovation and expand the market opportunity beyond what each of us could deliver on our own. We believe this is a clear win for customers who can gain a more comprehensive platform with new hybrid cloud-native storage capabilities."

As customers formulate their hybrid cloud strategies, critical to success is the emphasis and importance of infrastructure consistency, application agility, IT management and flexible consumption consistency as deciding factors to bridge across on-premises and cloud deployments.

With these changes to the IBM portfolio, clients will have access to a consistent set of storage services while preserving data resilience, security, and governance across bare metal, virtualized and containerized environments.  Some of the many benefits of the software defined portfolio available from IBM will include:

  • A unified storage experience for all containerized apps running on Red Hat OpenShift: Customers can use IBM Spectrum Fusion (now with Red Hat OpenShift Data Foundation) to achieve the highest levels of performance, scale, automation, data protection, and data security for production applications running on OpenShift that require block, file, and/or object access to data. This enables development teams to focus on the apps, not the ops, with infrastructure-as-code designed for simplified, automated managing and provisioning.

  • A consistent hybrid cloud experience at enterprise levels of scale and resiliency with IBM Ceph: Customers can deliver their private and hybrid cloud architectures on IBM's unified and software defined storage solution, providing capacity and management features. Capabilities include data protection, disaster recovery, high availability, security, auto-scaling, and self-healing portability, that are not tied to hardware, and travel with the data as it moves between on-premises and cloud environments.

  • A single data lakehouse to aggregate and derive intelligence from unstructured data on IBM Spectrum Scale: Customers can address the challenges that often come with quickly scaling a centralized data approach with a single platform to support data-intensive workloads such as AI/ML, high performance computing, and others. Benefits can include less time and effort to administer, reduced data movement and redundancy, direct access to data for analytics tools, advanced schema management and data governance, all supported by distributed file and object storage engineered to be cost effective.

  • Build in the cloud, deploy on-premises with automation: Customers can move developed applications from the cloud to on-premises services, automate the creation of staging environments to test deployment procedures, validate configuration changes, database schema and data updates, and ready package updates to overcome obstacles in production or correct errors before they become a problem that affects business operations.

"IBM and Red Hat speaking with one voice on storage is delivering the synergies derived from IBM's Red Hat acquisition," said Ashish Nadkarni, group vice president and general manager, Infrastructure Systems at IDC. "The combining of the two storage teams is a win for IT organizations as it brings together the best that both offer: An industry-leading storage systems portfolio meets an industry-leading software-defined data services offering. This initiative enables IBM and Red Hat to streamline their family of offerings, passing the benefits to their customers. It also helps accelerate innovation in storage to solve the data challenges for hybrid cloud, all while maintaining their commitment to open source."

Preserving commitment to Red Hat clients and the community

Under the agreement between IBM and Red Hat, IBM will assume Premier Sponsorship of the Ceph Foundation, whose members collaborate to drive innovation, development, marketing, and community events for the Ceph open-source project. IBM Ceph and Red Hat OpenShift Data Foundation will remain 100% open source and will continue to follow an upstream-first model, reinforcing IBM's commitment to these vital communities. Participation by the Ceph leadership team and other aspects of the open-source project is a key IBM priority to maintain and nurture ongoing Red Hat innovation.

Red Hat and IBM intend to complete the transition by January 1, 2023, which will involve the transfer of storage roadmaps and Red Hat associates to the IBM Storage business unit. Following this date, Red Hat OpenShift Platform Plus will continue to include OpenShift Data Foundation, sold by Red Hat and its partners. Additionally, Red Hat OpenStack customers will still be able to buy Red Hat Ceph Storage from Red Hat and its partners. Red Hat OpenShift and Red Hat OpenStack customers with existing subscriptions will be able to maintain and grow their storage footprints as needed, with no change in their Red Hat relationship.

Forthcoming IBM Ceph and IBM Spectrum Fusion storage solutions based on Ceph are expected to ship beginning in the first half of 2023.

Read more about today's news in this blog from Denis Kennelly, general manager of IBM Storage, IBM Systems: "IBM + Red Hat: Doubling Down on Hybrid Cloud Storage"

Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only. Red Hat, Ceph, Gluster and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.

About IBM 
IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com for more information.

Media Contacts: 
Ben Stricker, IBM 
ben.stricker@ibm.com

1 Gartner, Market Guide for Hybrid Cloud StorageJulia PalmerKevin JiChandra Mukhyala, 3 October 2022

Cision

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SOURCE IBM

Tue, 04 Oct 2022 01:24:00 -0500 en-US text/html https://finance.yahoo.com/news/ibm-redefines-hybrid-cloud-application-130000004.html
Killexams : IBM merges its data storage offerings with Red Hat’s OpenShift and Ceph

IBM Corp. is making some big changes to its data storage services, announcing today that it will bring Red Hat Inc.’s storage products and associates under the “IBM Storage” umbrella.

The aim, IBM said, is to deliver a more consistent application and data storage experience across on-premises and cloud infrastructures. It’s a big move that will see IBM Spectrum Fusion data management software adopt the storage technologies of Red Hat’s OpenShift Data Foundation as its new base layer.

Even more interesting, perhaps, is that the open-source Red Hat Ceph Storage offering will be transformed into a new IBM Ceph storage offering. IBM said this will result in a unified, software-defined storage platform that’s better able to bridge the architectural divide between data centers and cloud computing providers.

The computing giant said the move is in line with its software-defined storage strategy of a “born in the cloud, for the cloud” approach that will unlock bidirectional application and data mobility based on a shared, secure and cloud-scale solution.

IBM Systems General Manager of Storage Denis Kennelly said the shift is designed to streamline the two companies’ portfolios. “By bringing together the teams and integrating our products under one roof, we are accelerating IBM’s hybrid cloud strategy while maintaining commitments to Red Hat’s customers and the open-source community,” he insisted.

The company presented the changes as a big win for customers, saying they will gain access to a more consistent set of storage services that preserve data resilience, security and governance across bare metal, virtualized and containerized environments. More specifically, IBM is promising that customers will have a more unified storage experience for container-based applications running on Red Hat OpenShift, with the ability to use IBM Spectrum Fusion, which is now based on Red Hat OpenShift Data Foundation. Doing so will provide higher performance, greater scale and more automation for OpenShift applications that require block, file and object access to data, the company said.

As for IBM Ceph, the company said this will deliver a more consistent hybrid cloud experience with enterprise-grade scale and resiliency.

Furthermore, by unifying IBM’s and Red Hat’s storage technologies, customers will be able to build a single data lakehouse on IBM Spectrum Scale to aggregate all of their unstructured data in one place. Benefits will include less time spent on maintenance, reduced data movement and redundancy, and more advanced schema management and data governance.

Industry watchers were united in their belief that the changes would be of benefit to customers. Steve McDowell of Moor Insights & Strategy told SiliconANGLE that today’s move makes a lot of sense because it enables IBM to leverage the storage strengths of both companies.

McDowell explained that although IBM Spectrum is considered to be one of the most comprehensive data management platforms around, its foundation predates the rise of cloud-native technologies. On the other hand, he said, Red Hat OpenShift was built from the ground up to support cloud-native workloads.

“IBM is evolving Spectrum Fusion to take the best of Red Hat’s efforts, and is using Red Hat’s storage software as the base for its IBM-branded products moving forward,” McDowell said. “It makes a lot of business sense for IBM to leverage R&D from Red Hat into its more traditionally proprietary systems. It also gives IBM an easy path to better serve the needs of containerized workloads.”

International Data Corp. analyst Ashish Nadkarni said the two companies are now “speaking with one voice on storage” and finally delivering on the synergies between them that were mentioned when IBM acquired Red Hat in 2019.

“The combining of the two storage teams is a win for IT organizations as it brings together the best that both offer: An industry-leading storage systems portfolio meets an industry-leading software-defined data services offering,” Nadkarni said. “This initiative enables IBM and Red Hat to streamline their family of offerings, passing the benefits to their customers.”

IBM also moved to reassure users of Red Hat’s open-source technologies that it will remain fully committed to them following today’s announcements. As part of the deal, IBM will take over Premier Sponsorship of the Ceph Foundation and, along with Red Hat’s teams, continue to drive innovation and development. Both IBM Ceph and Red Hat OpenShift will remain 100% open-source, the company added, and will continue to follow an upstream-first development model.

McDowell said today’s move would likely make some users nervous about the prospect of Red Hat’s technology becoming more proprietary over time. “IBM has been very careful since it acquired Red Hat in 2019 to keep Red Hat’s open-source business segregated from IBM’s branded offerings,” he said. “This is the first time we’re seeing IBM cross that that line, and it’s natural to wonder how blurred those lines will become.”

Still, McDowell said, he’s inclined to believe IBM’s promises as it has been very deliberate about keeping Red Hat’s storage technologies open-source.

“Red Hat OpenShift Data Foundation and Ceph will still be available as they always have, though its evolution will undoubtedly be more strongly guided by the needs of IBM’s storage business,” the analyst continued. “Overall this is a net positive for IBM and its customers. It makes good business sense and there should be minimal impact to Red Hat’s existing community.”

IBM said the first storage solutions to launch under the new IBM Ceph Storage and IBM Spectrum Fusion banners will arrive in the first half of 2023, so users will have plenty of time to digest the changes.

Image: Red Hat

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Wed, 05 Oct 2022 20:58:00 -0500 en-US text/html https://siliconangle.com/2022/10/04/ibm-merges-data-storage-offerings-red-hats-openshift-ceph/
Killexams : Here’s why IBM feels hybrid cloud is key to unlocking digital transformation opportunities No result found, try new keyword!The effectiveness of digital transformation is hampered by security, skills, and compliance issues, according to global business leaders. Mon, 03 Oct 2022 12:00:00 -0500 https://techwireasia.com/2022/10/heres-why-ibm-feels-hybrid-cloud-is-key-to-unlocking-digital-transformation-opportunities/ Killexams : IBM Expands Partner Access To Training Resources

Channel programs News

Wade Tyler Millward

“We can‘t be essential unless our partners are skilled in our products and confident in going to their clients with our products and selling them with us and for IBM,” IBM channel chief Kate Woolley said.

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IBM has started giving registered members of its PartnerWorld program access to the training, badges and enablement IBM sales employees get along with a new learning hub for accessing materials.

The expansion is part of the Armonk, N.Y.-based tech giant’s investment in its partner program, IBM channel chief Kate Woolley told CRN in an interview.

“We can‘t be essential unless our partners are skilled in our products and confident in going to their clients with our products and selling them with us and for IBM,” said Woolley (pictured), general manager of the IBM ecosystem.

[RELATED: Channel Chief Kate Woolley: ‘No Better Time To Be An IBM Partner’]

Partners now have access to sales and technical badges showing industry expertise, according to a blog post Tuesday. Badges are shareable on LinkedIn and other professional social platforms. IBM sales representatives and partners will receive new content at the same time as it becomes available.

“This is the next step in that journey in terms of making sure that all of our registered partners have access to all of the same training, all of the same enablement materials as IBMers,” Woolley told CRN. “That’s the big message that we want people to hear. And then also in line with continuing to make it easier to do business with IBM, this has all been done through a much improved digital experience in terms of how our partners are able to access and consume.”

Among the materials available to IBM partners are scripts for sales demonstrations, templates for sales presentations and positioning offerings compared to competitors, white papers, analyst reports and solution briefs. Skilling and enablement materials are available through a new learning hub IBM has launched.

“The partners are telling us they want more expertise on their teams in terms of the IBM products that they‘re able to sell and how equipped they are to sell them,” Woolley said. “And as we look at what we’re hearing from clients as well, clients want that. … Our clients are saying, ‘We want more technical expertise. We want more experiential selling. We want IBM’ – and that means the IBM ecosystem as well – ‘to have all of that expertise and to have access to all the right enablement material to be able to engage with us as clients.’”

The company has doubled the number of brand-specialized partner sellers in the ecosystem and increased the number of technical partner sellers by more than 35 percent, according to IBM.

The company’s exact program changes have led to improved deal registration and introduced to partners more than 7,000 potential deals valued at more than $500 million globally, according to IBM. Those numbers are based on IBM sales data from January 2022 to August.

Along with the expanded access to training and enablement resources, Woolley told CRN that another example of aligning the IBM sales force and partners was a single sales kickoff event for employees and partners. A year ago, two separate events were held.

“I want our partners to continue to feel and see this as a big investment in them and representative of how focused we are on the ecosystem and how invested we are,” she said.

Wade Tyler Millward

Wade Tyler Millward is an associate editor covering cloud computing and the channel partner programs of Microsoft, IBM, Red Hat, Oracle, Salesforce, Citrix and other cloud vendors. He can be reached at wmillward@thechannelcompany.com.

Tue, 04 Oct 2022 07:15:00 -0500 en text/html https://www.crn.com/news/channel-programs/ibm-expands-partner-access-to-training-resources
Killexams : Better Buy: IBM Stock vs. 2-Year Treasury Notes

Investors this year increasingly turned away from dividend stocks in favor of the rising yields being offered on bonds. Given that investors can now earn a 4.3% return on a 2-year Treasury note, many prefer that guaranteed return to the risks of putting money into the stock market.

International Business Machines (IBM 1.23%) offers a dividend yield that exceeds that bond return. But with a bear market in progress, are investors better served to take a chance on the cloud stock or to take the 4.3% return at virtually zero risk?

IBM and its dividend

IBM didn't participate in the bull market of the 2010s. The stock dropped as its tech businesses suffered a considerable growth slowdown. In an effort to change that, IBM pivoted into the cloud computing sector aggressively, in part via its $34 billion purchase of Red Hat in 2019. Grand View Research forecasts a compound annual growth rate of 16% through 2030 for the cloud industry. Growth like that could certainly help both IBM and its stock.

Also, IBM spun off its managed infrastructure business into a new public company, Kyndryl. This business was less of a fit with the parent company amid its pivot to the cloud. Separating it off should make it easier for IBM to grow its revenue.

Time will tell if these moves can help the stock price recover. Nonetheless, IBM currently pays its shareholders $1.65 per share every quarter, or $6.60 per share annually. At the current stock price, that adds up to a yield of 5.6% per year. Moreover, depending on your financial situation, the IRS may tax your dividends at a lower capital gains rate, which can offer an added advantage.

Additionally, IBM hiked its payout annually for 27 consecutive years, making it a Dividend Aristocrat. That status carries some importance as many income investors will be more inclined to buy and hold IBM stock because of this status. Also, since abandoning Dividend Aristocrat status tends to hurt a stock, management will probably prioritize maintaining it by continuing to raise those payouts.

Investors also can also reinvest their dividend payments into more IBM stock. However, such newly purchased shares will pay you the dividend yield at that time. The return will rise if the stock falls since investors can buy the exact cash return at a lower price. Conversely, cash yields will drop if the stock rises, but those investors still benefit since the stock has increased in value.

What to know about 2-year Treasury notes

U.S. Treasury notes offer more stability than stocks such as IBM. Investors who purchase the 2-year Treasury note receive semiannual interest payments. At the current interest rate of 4.3%, investors will receive a 2.15% cash return on their invested amount in each of the subsequent three six-month periods. In the fourth period, when the note matures, investors receive the final 2.15% payment along with the return of their principal.

Investors should also be aware that bond values can fluctuate. If interest rates drop, the value of the bond will fall; the opposite will happen if rates rise. This affects investors if they decide to sell the bond early. Upon maturity, the note will return to its par (or nominal) value.

Additionally, bond interest payments are subject to federal income tax but exempt from state and local taxes. In some cases, this is higher than taxes on dividends. Still, bond issuers are obligated to make such payments. In contrast, IBM faces no legal obligation to continue its dividend.

Also, like with a stock, investors can reinvest their interest payments into more notes or other forms of Treasury bonds. However, those purchases will be subject to the prevailing interest rates at that time.

IBM or the 2-year Treasury note?

Investors who lack much risk tolerance should choose the Treasury note. Given its guaranteed return, they will not have to worry about volatility.

Nonetheless, for investors comfortable with buying stocks, IBM is a surprisingly strong buy. The cloud industry is in growth mode, which should propel IBM stock to a long-awaited turnaround. Moreover, IBM has repeatedly shown it wants to hold on to its Dividend Aristocrat status. This should deliver its income investors returns that are not only larger than the bonds offer, but also likely to increase in size.

Will Healy has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Fri, 14 Oct 2022 00:20:00 -0500 Will Healy en text/html https://www.fool.com/investing/2022/10/14/better-buy-ibm-stock-vs-2-year-treasury-note/
Killexams : What's next for $113M Binghamton battery project? What to know about timelines, impacts

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Sun, 16 Oct 2022 20:46:00 -0500 en-US text/html https://www.pressconnects.com/story/money/2022/10/17/binghamton-university-lithium-ion-ny-timeline-impact-jobs-industry/69561548007/
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