The World Bank’s Global Public Procurement Database (GPPD) captures data about country procurement and e-Procurement systems at a global level. The aim of the GPPD is to promote procurement reform and innovation through improved transparency and knowledge-sharing, by providing a publicly available online database of global public procurement information. The GPPD project implementation commenced in April 2019 and is now publicly available.
The GPPD is ethe one-stop online product of choice for the global public procurement community, where practitioners, government officials, academics, NGOs, industry and other interested parties can access and share data and knowledge to better enable global public procurement reform and adoption of best practices.
The GPPD project outcomes are:
- To develop a comprehensive web-based tool which will capture diagnostic procurement related information; such information is expected to form a common, worldwide standard for collecting and sharing information on public procurement, covering: a) governance, b) operations, c) ICT systems and d) results per country;
- To generate demand for country procurement reforms and e-Procurement implementations to increase development outcomes;
- To provide appropriate channels for information dissemination and knowledge sharing, facilitating synergies between existing procurement communities.
The GPPD enables public procurement stakeholders to perform efficiently, effectively, consistently and based on best practices. Furthermore, the GPPD contributes to the modernization and strengthening of public procurement systems worldwide.
Data Collection:
Within the GPPD project, procurement and e-Procurement related data was collected at the global level. The GPPD stored this data and makes it available through a web-based interface. This data is sourced from Public Procurement Authorities (PPAs), desk research conducted to collect data from country procurement reports and trusted online databases and accredited specialists.
To retrieve the procurement related data from the PPAs, a GPPD Data Elements Template was created. This template defines five logical content categories, each one addressing the subjects of:
I. Country Profile Information;
II. Public Procurement Agency Information and Public Procurement Law;
III. eProcurement Information;
IV. Value for Money, Fair Competition & Transparency Information;
V. Procurement Cycle Metrics.
The content of the standardized Data Elements’ template was formalized as a questionnaire defining the set of data that will be addressed to the PPA representatives of each country. The questionnaire and expected answers are in the English language (United States).
Further information can be found in the documentation available under the “Related Documents” section of the current web-page.
The GPPD Project is commissioned and funded by the World Bank with implementation by European Dynamics SA. For further information, please contact: gppd@worldbank.org or the Task Team Leader (Hunt La Cascia – Sr. Procurement Specialist) hlacascia@worldbank.org
To learn more about the Global Public Procurement Database, read our press release, feature story, and a blog about how different actors can use the GPPD.
NEW YORK, Sept. 5, 2022 /PRNewswire/ -- The "Global Blockchain Technology Market by Top Spending Regions and Market Price Trends" report has been added to SpendEdge's offering.
In-depth analysis and data-driven insights on the impact of COVID-19 on the Blockchain Technology market, predict that this market expects a price change of 5%-7% during the forecast period.
Find More Detailed Insights on the Trends and Challenges: https://spendedge.com/report/blockchain-technology-market-procurement-research-report
Frequently Asked Questions:
-
Supplier selection scope for Blockchain Technology Market?
Width of the portfolio, Proven track record of blockchain implementation, Innovation capabilities, and Ability to offer scalability. -
What is the expected CAGR of the Blockchain Technology Market?
Blockchain Technology will grow at a CAGR of about 65.17% during 2022-2026. -
Who are the top players in the market?
Microsoft, IBM, and Accenture are some of the major market participants. -
What are the pricing models followed by buyers?
Subscription-based pricing model and Pay-as-you-go pricing model are the widely adopted pricing models in commercial vehicle cabin procurement. -
What will be incremental spending on Blockchain Technology?
During 2022-2026, the Blockchain Technology market will register an incremental spend of about USD 71.50 billion.
Related Reports on Information Technology Include:
Blockchain Technology Market's Procurement Report Highlights Information on:
-
What are the changes expected in the price forecast report?
-
What are the factors driving the price changes?
-
Changing price forecasts
-
What is driving the current and future price changes?
-
Key trends and drivers in this market
Table of Content
-
Executive Summary
-
Market Insights
-
Category Pricing Insights
-
Cost-saving Opportunities
-
Best Practices
-
Category Ecosystem
-
Category Management Strategy
-
Category Management Enablers
-
Suppliers Selection
-
Suppliers under Coverage
-
US Market Insights
-
Category scope
-
Appendix
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.
To know more: https://www.spendedge.com/request-for-demo-report
Contacts
SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us
View original content to get multimedia:https://www.prnewswire.com/news-releases/blockchain-technology-market-procurement-report-with-information-on-key-vendors-for-microsoft-ibm-and-accenture-among-others-301617166.html
SOURCE SpendEdge
Cloud News
Mark Haranas
IBM continues to spend millions to buy hybrid cloud companies, as the company makes its sixth acquisition in 2022 with Dialexa.
IBM continues to spend millions on buying hybrid cloud companies with the unveiling of its acquisition of engineering consulting specialist Dialexa to boost its cloud charge.
Since IBM CEO Arvind Krishna took the reins in April 2020, IBM has acquired more than 25 companies, including many hybrid cloud businesses.
In February alone, IBM acquired cloud consultant services standout Sentaca, as well as Microsoft Azure consultancy all-star Neudesic—with the two purchases squarely aimed at boosting IBM’s hybrid and multi-cloud services capabilities.
[Related: UK To Probe Amazon, Google, Microsoft’s Cloud Dominance]
Looking at the Armonk, N.Y.-based company’s purchase of Dialexa, IBM will gain 300 skilled product managers, designers, full-stack engineers and data scientists. Dialexa will become part of IBM’s Consulting business unit, which spearheads the company’s digital product engineering services in the Americas.
“Dialexa’s product engineering expertise, combined with IBM’s hybrid cloud and business transformation offerings, will help our clients turn concepts into differentiated product portfolios that accelerate growth,” said John Granger, senior vice president of IBM Consulting, in a statement.
Krishna: Hybrid Cloud A ‘Competitive Advantage’
Dialexa marks IBM’s sixth purchase in 2022 with the goal of boosting its hybrid cloud and artificial intelligence abilities.
Along with buying Dialexa, Sentaca and Neudesic, IBM has also acquired Randori, an attack surface management cybersecurity specialist that helps protect hybrid cloud environments.
Earlier this year, IBM’s CEO said hybrid cloud and artificial intelligence are top of mind for his company in terms of investment and the future.
“We are integrating technology and expertise—from IBM, our partners and even our competitors—to meet the urgent needs of our clients, who see hybrid cloud and AI as crucial sources of competitive advantage,” Krishna said in March. “And we are ready to be the catalyst of progress for our clients as they pursue the digital transformation of the world’s mission-critical businesses.”
In 2021, IBM’s hybrid cloud revenue jumped 19 percent compared with 2020, comprising 35 percent of its total revenue.
IBM’s Acquisition Of Dialexa
Based in Dallas and Chicago, Dialexa delivers a suite of digital product engineering services to help customers create transformative products to drive business outcomes.
Dialexa’s 300-strong engineers and skilled IT experts advise and create custom digital products for customers, which include Deere & Company, Pizza Hut U.S. and Toyota Motor North America. Financial terms of the Dialexa deal were not disclosed.
IBM said Dialexa provides deep experience delivering end-to-end digital product engineering services consisting of strategy, design, build, launch and optimization services across cloud platforms including Amazon Web Services and Microsoft Azure.
“Digital product engineering represents the tip of the spear for competitive advantage,” said Dialexa CEO Scott Harper in a statement. “IBM and Dialexa’s shared vision for delivering industry-defining digital products could be a game-changer.”
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
Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts.
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
More from Fortune:
A 2007 flashback: home flippers are in trouble again
Managing Gen Z is like working with people ‘from a different country’
The Renault Nissan empire once held together by fugitive Carlos Ghosn may slowly be unraveling
PayPal tells users it will fine them $2,500 for misinformation, then backtracks immediately
IBM (NYSE:IBM) acquired Dialexa, a Dallas TX and Chicago, IL-based digital product engineering services firm.
The amount of the deal was not disclosed. The transaction is expected to close in the fourth quarter of this year and is subject to customary closing conditions and regulatory clearances.
The acquisition is expected to enhance IBM’s product engineering expertise and provide end-to-end digital transformation services for clients. Upon close, Dialexa will join IBM Consulting, strengthening IBM’s digital product engineering services presence in the Americas.
Founded in 2010 and led by CEO Scott Harper, Dialexa delivers a suite of digital product engineering services, enabling organizations to create new products to drive business outcomes. The company has deep experience delivering end-to-end digital product engineering services consisting of strategy, design, build, launch, and optimization services across cloud platforms including AWS and Microsoft Azure. Its team of 300 product managers, designers, full-stack engineers and data scientists, based in Dallas and Chicago, advise and create custom, commercial-grade digital products for clients such as Deere & Company, Pizza Hut US, and Toyota Motor North America.
FinSMEs
26/09/2022
Founded in 1911 as a Computing-Tabulating-Recording Company, International Business Machines (IBM) needs to keep its finger on the pulse of the development of information technology not to be ousted by younger tech giants like Google, Microsoft, Apple, and Amazon. With the advent of the internet, IBM needed to widen the spectrum of its products and services to retain its strong position in the tech field. Although the company lost its dominance, having only a 5% market share in 2021, as opposed to 68% shared by Microsoft, Amazon, and Google, it has many spectacular achievements to its credit. IBM holds more patents than any other technology company and takes pride in employees who have earned five Nobel Prizes, four Turing Awards, five National Medals of Technology, and five National Medals of Science. And it had been the top tech company for longer than any of the titans dominating the market now.
Also called “Big Blue,” IBM indeed has an impressive pedigree. After starting to produce hardware at the beginning of the last century, it thrived in this business for decades and became the leading provider of mainframe computers worldwide. IBM’s gross income had inexorably grown in the last part of the twentieth century, expanding from $14.450 billion earned in 1975 to $71.940 billion made in 1995. The company’s revenue skyrocketed to the record level of $106.9 billion in 2011, after which it has steadily been declining amidst its transition into new technologies and lines of business. To move with the times and survive the competition from other tech titans, IBM gradually shifted its focus from hardware to software and services. It began to devote more energy and money to cloud-based services and cognitive computing. IBM focuses now on offering primarily network services, application services, cloud services, digital workplace services, business processes and operations, technology consulting services, and AI services. IBM Watson, a cognitive system capable of answering questions posed in natural language, has become the company’s high-visibility offering in the technology field. IBM has a strong faith in Watson, promoting the system as a benevolent digital assistant that would help hospitals, offices, factories, and farms. The company’s white paper referred to Watson as “the future of knowing.”
To see how well IBM has prepared for, what it calls, the new age of understanding, study the statistical data presented below.
IBM’s Outstanding Achievements
- In 1891, IBM, then called CTR, invented the computing scale that could show both the weight and the proportionate price of the product simultaneously.
- In 1888, the company invented the Time Clock, a device that records start and end times for hourly employees. Then, it designed the punch card base data processing machines. IBM is also responsible for inventing the magnetic stripe technology and the Universal Product Code.
- IBM designed and developed the first smartphone in the world, launching it in November 1992. Designed by IBM and manufactured by Mitsubishi Electric, the device had a touchscreen, a calculator app, email capability, 2 MB RAM, and 2 MB internal storage. There were about 50,000 of these smartphones sold for $899 a unit.
- IBM also revolutionized the computer industry, inventing DRAM, floppy disk, SQL programming language, ATMs, and hard disk drives.
- IBM also invented the first personal computer, known as the IBM PC. It was launched in August 1981 and acquired by many companies before PCs were commercialized.
- Since 1920, IBM has received 151,302 US patents. In 2019, the company received a staggering amount of 9,262 US patents. A year later, IBM beat the record of most US patents received by a business for 27 consecutive years. In 2021, IBM had 1,811 patents granted, while this year it has so far received 492 patents.
- IBM has long worked with NASA. Although IBM contributed to many missions, the most memorable is landing on the Moon in 1969. IBM’s responsibility was to develop the software and various programs, build computers, and streamline the mission for NASA.
- One of the fascinating inventions of IBM is the Scanning Tunnelling Microscope developed in 1981 for imaging at the atomic level. Gerd Binnig and Heinrich Rohrer received the Noble Prize in Physics in 1986 for the invention.
- IBM developed several chess computers, the most popular of which is Deep Blue. In 1996, Deep Blue beat the chess world champion, Garry Kasparov, who accused IBM of cheating. IBM declined Kasparov’s offer of a rematch.
- IBM invented the ASME (The Anatomic and Symbolic Mapper Engine) that offers a 3D interactive avatar of the human body to doctors in real-time, helping them visualize patients’ medical records.
- Big Blue made LASIK eye surgery mainstream.
- The company invented the IBM 2990 Blood Cell Separator, designed to harvest white blood cells from blood donors to support patients with leukemia. Later, IBM engineers improved the device, introducing its more sophisticated version, IBM 2997.
- IBM offers the IBM LinuxONE for cloud computing solutions. This powerful computer system can manage the work of 1000×86 servers simultaneously on a single platform.
IBM Statistics in 2022
- Over 90% of credit card transactions are processed by IBM mainframes.
- About 80% of global retailers use IBM retail solutions in their stores and for online sales.
- Over 80% of travel reservations are processed through an IBM product.
- Nearly 97% of banks worldwide use IBM products.
- There are 245,000 IBM employees worldwide in 2022.
- IBM employees live in 170 countries.
- There are 130,000 IBM employees in India.
- 3,000 researchers are working in IBM’s fifteen laboratories around the world.
- During the pandemic, between 2020 and 2021, IBM reduced the number of its employees by around 0.24%.
- Over 29% of IBM managers are women.
- There are an average of 108 applications per available job position at the company.
- Every day, IBM handles 70 billion security events.
- Every second, it manages 8.18 million security events.
- Over 27.3 million people use the IBM website every month.
- The IBM website has a bounce rate of 52.66%.
- In 2020, IBM’s earnings hit about $73 billion.
- In 2021, its global revenue diminished by 22%.
- Almost half of IBM’s revenue is generated in the North American market.
- IBM bought Red Hat for $33.4 billion.
- Cognos was purchased by IBM for $4.9 billion in 2008.
- Big Blue acquired SoftLayer Technologies in 2013 reportedly for $2 billion.
- To date, IBM has acquired more than 183 companies.
Facts about IBM’s Incumbent CEO, Arvind Krishna
- Arvind Krishna became IBM’s CEO in 2020, arriving with the mission to reverse the company’s decline. He is expected to create a new line of business that would rediscover IBM’s former glory.
- Before becoming the company’s CEO, Krishna worked as the Senior Vice President for IBM’s cloud and cognitive software. He developed IBM’s security software business.
- Krishna was the general manager of IBM Systems and Technology Group’s development and manufacturing organization. He also managed IBM’s acquisition of Red Hat and supervised its synergy with IBM.
- Krishna is the co-author of 15 patents and has been the editor of IEEE and ACM journals. He has received distinguished alumni awards from IITK and the University of Illinois, where he completed his PhD. His scholarly articles appear in numerous journals.
- Krishna leads the IBM business unit that provides the cloud and data platform. His responsibilities include IBM Research, IBM Cloud, and IBM’s security and Cognitive Application business.
- Krishna guides IBM’s overall strategy in core and emerging technologies including AI, quantum computing, blockchain, cloud platform services, data-driven solutions, and nanotechnology.
- IBM Chairman and CEO Arvind Krishna was paid $17.5 million for 2021, up from $17 million paid in the year before, according to IBM’s 2022 Notice of Annual General Meeting and Proxy Statement.
- In 2021, IBM’s board approved an annual incentive payment of $2.9 million to Krishna for the 2021 performance, which was 98% of the target.
- The estimated net worth of Arvind Krishna was about $27.4 million in June 2022. He also owns over 21,803 units of International Business Machines stock worth over $23,629,581.
Source: Fortune
IBM’s Annual Revenue since 2000
Once an unparalleled tech giant, IBM has been struggling for the last decade. It had to adjust to the changing world by selling its low-margin businesses and investing in high-margin ones. To implement its strategies, Big Blue sold IBM WebSphere Commerce to HCL Technologies in 2018 and a part of the Watson Health business at the beginning of this year. Although IBM’s earnings are still high, they do not reach the levels hit between 2006 and 2012. The company’s annual revenue skyrocketed to $106.9 billion in 2011, whereas it was only $57 billion last year. In the second quarter of 2022, IBM’s earnings dropped below expectations. IBM’s falling fortune is reflected in the table below:
IBM’s Annual Revenue since 2000 (in $US Billion)
| Year | Annual Revenue (in $US Billion) |
| 2000 | $88.4 |
| 2001 | $83.07 |
| 2002 | $81.19 |
| 2003 | $89.13 |
| 2004 | $96.29 |
| 2005 | $91.13 |
| 2006 | $91.42 |
| 2007 | $98.79 |
| 2008 | $103.63 |
| 2009 | $95.76 |
| 2010 | $99.87 |
| 2011 | $106.92 |
| 2012 | $104.51 |
| 2013 | $99.75 |
| 2014 | $92.8 |
| 2015 | $81.74 |
| 2016 | $79.92 |
| 2017 | $79.14 |
| 2018 | $79.59 |
| 2019 | $57.71 |
| 2020 | $55.18 |
| 2021 | $57.35 |
| 2022 (Q1; Q2) | $14.2 billion; $15.5 billion |
IBM’s Annual Revenue by Segment for 2020-2021
Big Blue has repeatedly changed the segment reporting to reflect its move away from being hardware, software, and service company towards becoming a cognitive solutions and cloud platform company. It changed its segment reporting in 2016, 2019, and 2021. The last change was dictated by IBM’s need to align its segment reporting with its platform-centric approach to hybrid cloud and AI. There are presently six segments in IBM’s business: Technology Services and Cloud Platforms, Infrastructure, Software, Consulting, Financing, and Other. In 2021, IBM’s software segment generated $24.14 billion of its global revenue of $57.35 billion. In 2022 so far, the Software division earned $5.77 billion and $6.2 billion, in the first and second quarters, respectively. The Consulting sector brought the company $4.83 billion in Q1 and $4.8 billion in Q2 of the current year. The revenue earned by the Infrastructure segment amounted to $3.22 billion in the first quarter and $4.0 billion in the second quarter. Revenues generated by IBM’s segments in the last two years are shown in the table below:
IBM’s Annual Revenue by Segment for 2020-2021 (in $US billion)
| Segment | 2020 | 2021 |
| Software | $22.93 | $24.14 |
| Consulting | $16.26 | $17.84 |
| Infrastructure | $14.53 | $14.19 |
| Financing | $0.98 | $0.77 |
| Technology Services and Cloud | $25.00 | $28.00 |
| Other | $0.49 | $0.41 |
Source: Statista
Worldwide Market Share of Cloud Infrastructure Providers in Q2 2022
In the second quarter of 2022, IBM’s Cloud Infrastructure had only a 4% share of the worldwide market, lagging behind Amazon, Azure, and Google Cloud. The spending on global cloud infrastructure services soared to $55 billion and thus brought the industry’s total for the twelve months to more than $203.5 billion. Outshining IBM, Amazon and Microsoft together accounted for more than half of cloud infrastructure revenues in the three months that ended on June 30.
These figures show how much Big Blue fell from grace because, in the past, it used to enjoy the leading position. In 2017, IBM reported cloud revenue growth of 33% year-over-year in its first quarter earnings. In that quarter, its cloud revenue jumped to $3.5 billion. IBM’s total cloud revenue over the past 12 months that year hit $41.6 billion and catapulted IBM to the top of the list in the field of enterprise cloud. In the first quarter of 2017, today’s winners were obliged only to trail behind with lower earnings: Microsoft with $14 billion, Amazon with $12.20 billion, and Google with $10 billion. The latest market share of the main providers of cloud infrastructure can be seen in the table below:
Worldwide Market Share of Cloud Infrastructure Providers in Q2 2022
| Company | Market Share |
| AWS | 34% |
| Azure | 21% |
| Google Cloud | 10% |
| Alibaba Cloud | 5% |
| IBM Cloud | 4% |
| Salesforce | 3% |
| Tencent Cloud | 3% |
| Oracle Cloud | 2% |
IBM’s Annual Net Income since 2009
Net income is defined as a company’s net profit or loss after it has accounted for all its revenues, income items, and expenses. IBM’s net income for the quarter ending on June 30, 2022, was $1.292 billion, which constituted a 5.06% jump year-over-year. The company’s net profit for the 12 months ending on June 30, 2022, was $5.588 billion, demonstrating an increase of 4.76% year-over-year. Last year, IBM’s annual net income reached $5.743 billion, a 2.74% surge from 2020. The first year of the pandemic brought IBM a net income of $5.59 billion, which was a whopping 40.73% drop from 2019. In 2019, IBM’s annual net profit was $9.431 billion, an 8.05% advance from 2018. The uneven trajectory of IBM’s annual net income is drawn in the table below:
IBM’s Annual Net Income since 2009 (in $US Billion)
| Year | Net Income in $US Billion |
| 2009 | $13.425 |
| 2010 | $14.833 |
| 2011 | $15.855 |
| 2012 | $16.604 |
| 2013 | $16.483 |
| 2014 | $12.022 |
| 2015 | $13.190 |
| 2016 | $11.872 |
| 2017 | $5.753 |
| 2018 | $8.728 |
| 2019 | $9.431 |
| 2020 | -$5.590 |
| 2021 | $5.743 |
IBM’s Number of Employees Worldwide from 2000 to 2022
IBM is the fifth largest employer in the United States. In 2021, the company employed 282,000 people worldwide. This year, the number of people working for Big Blue dipped to 245,000. As the company has lately been struggling, experiencing drops in its revenues, it is trying to restructure its business and be on par with such tech giants as Amazon, Microsoft, Google, and Apple. Hence the decline in the number of its employees this year. The table below shows how the number of IBM’s employees has changed over the years:
IBM’s Number of Employees Worldwide from 2000 to 2022 (in 1,000s)
| Year | Number of Employees (in 1,000s) |
| 2000 | 316.3 |
| 2001 | 319.88 |
| 2002 | 315.89 |
| 2003 | 319.27 |
| 2004 | 329 |
| 2005 | 329.37 |
| 2006 | 355.77 |
| 2007 | 386.56 |
| 2008 | 398.46 |
| 2009 | 399.41 |
| 2010 | 426.75 |
| 2011 | 433.36 |
| 2012 | 434.25 |
| 2013 | 431.21 |
| 2014 | 379.59 |
| 2015 | 377.76 |
| 2016 | 380.3 |
| 2017 | 366.6 |
| 2018 | 350.6 |
| 2019 | 352.6 |
| 2020 | 345.9 |
| 2021 | 282.1 |
| 2022 | 245 |
Source: Statista
Conclusion
As the world is facing a probable recession, analysts believe that the enterprise tech sector will still continue going strong. People who are tech-savvy will turn to IBM in these unpleasant times to help them survive in a tighter economic environment and use the company’s software, consulting, and infrastructure to work productively during an economic decline. Big Blue can definitely provide the products and services people will need in the near future. IBM’s Q2 2022 results signify that technology spending in such spheres as AI, cloud, automation and networking is steady. The company beat anticipated results in the second quarter and boasted its first double-digit quarterly revenue growth in more than a decade. Automatic calculations conducted at Coinpriceforecast.com inspire faith in the company’s future and the cost of its stock. At the beginning of the year, IBM’s stock price was $116.92. At the time of writing, IBM is trading at $118.81, thus demonstrating a 2% jump from January 2022. Coinpriceforecast.com foresees that by Christmas, IBM will surge to $138. In the first half of 2023, the price of the stock might advance to $145 and end the next year at $155, adding 30% to today’s price. Whether or not these predictions prove to be correct, IBM will surely continue pushing technology and innovation forward, as it has spectacularly done since the beginning of the twentieth century.
In honor of National Hispanic Heritage Month, we asked three IBM employees to share their experiences. Romelia Flores is an IBM distinguished engineer and a master inventor currently on IBM's client engineering team based in Dallas, Texas. Robert Loredo is the IBM quantum ambassador worldwide lead and a master inventor based in South Florida. Catherine Treviño is a z Hardware brand technical specialist based in Poughkeepsie, New York.
In this Q&A, these three employees open up about how mentorship has benefitted their careers and share the importance of giving back to fellow members of the Hispanic community.
Tell us about your journey at IBM.
Flores: I joined IBM over 30 years ago as an intern and student at the University of Texas at Austin where I obtained a degree in computer science. As a software developer, I thrive on leveraging technology to accelerate business and collaborate with clients to drive app modernization. IBM has superlative talent around the world, many of whom have guided my journey. Being a strong technologist means being a continuous learner of technology as well as establishing a strong network.
Loredo: I joined IBM in 2004 and am fortunate to have a successful career because of IBM's network and community. I have 20 years of experience in enterprise product development leveraging leading-edge technologies, most recently with quantum computing, a technology that's expected to solve intractable problems that today's most powerful classical supercomputers find challenging to solve.
Treviño: My journey at IBM has been short but accomplished! I joined in 2020 as an intern and rising senior from the University of Texas – Rio Grande Valley. Upon completing my internship, I accepted an offer and returned in 2021. I've since switched roles to a different business unit, thanks to the guidance of fellow volunteers of Hispanics@IBM, the community for Hispanic IBM employees.
How has mentorship impacted your career?
Treviño: Networking led to a new opportunity within my first year at IBM. When I first joined full-time, I quickly realized the role was not the right fit. As a first-generation professional, I wasn't sure how to navigate the situation. I chatted with Alan, IBM D&I leader for the Hispanic community, who connected me with Cleo, a Hispanic executive council leader, who brought up an open role. I'm grateful for that connection! Long story short, I'm now part of Cleo's global sales team, where I help financial market clients find solutions with our z Systems.
Loredo: I'm grateful for the mentor who saw my potential and found a unique way to teach me complex subjects. While at Miami-Dade College, I struggled with the courses for engineering majors. My professor knew I enjoyed music and began teaching me mathematics using music as an analogy. That was my 'aha!' moment. My grades improved, allowing a transfer to the University of Miami, where I completed my bachelor's and master's degrees in computer engineering. That moment, when my professor found an unconventional way to teach, had a profound impact on me. I use that technique today. I wrote a book that teaches quantum computing implementation and I use analogies to explain it.
As a mentor, what advice do you share with mentees?
Flores: I've mentored hundreds of college students and IBM employees, including distinguished engineers and technologists. I've been told— especially by females and underrepresented minorities — that they've never seen a technologist with my level of impact, and they ask, "What's your secret to success?" This inspired me to develop the "Eight Cs: Blueprint for Success" which I believe are key attributes for attaining success: competence, communication, commitment, creativity, collaboration, confidence, community, and chuckle – we often forget about this last one, but our work should be fun!
This post was created by IBM with Insider Studios.
© IBM null
IBM has announced the latest version of its Linux-focused mainframe - the LinuxOne Emperor 4 as the company leads with promises of reduced energy consumption and increased sustainability.
While the z16 mainframe, which was announced by the company in April 2022, is optimized for IBM’s z/OS operating system, the LinuxOne Emperor 4 is designed to support Linux operating systems in a bid to obtain a significant portion of the Linux market.
Big Blue’s latest mainframe supports 32 Telum processors and can provide up to 40TB of RAIM. The Emperor 4 also provides “seven nines” of availability, which should translate to three seconds of downtime per year.
Mainframes for Linux distros are increasingly popular among financial services organizations, with Citibank being a user of IBM’s LinuxOne mainframes, combined with the MongoDB database.
With its latest iteration, it’s clear that IBM’s focus is on increasing environmental pressures. In a release, it claims that the Emperor 4 “can reduce energy consumption by 75%, space by 50%, and the CO2e footprint by over 850 metric tons annually.”
This expression of commitment towards creating more sustainable products goes hand-in-hand with IBM’s own research which suggests that around half of the CEOs that took part saw sustainability as their highest priority, and indeed one of their greatest challenges.
The integration of artificial intelligence inference should also serve to Strengthen latency.
Availability for the IBM LinuxOne Emperor 4 is scheduled for September 14, 2022, with entry- and mid-range models set to follow in the first half of 2023.
Via VentureBeat
