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IBM's profits increase again







IBM's profits increase again

IBM's profits increase again 04/16/2004 03:33 AM

Computer giant IBM sees its profits grow by $1.6bn - the fifth quarterly rise it has enjoyed in a row.




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IBM's profits increase again

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http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan04/0104comp1.h tml

Computers can manipulate vast amounts of data, without knowing what any of it actually means. Now a major breakthrough in the field of machine understanding could spell big business for its developer, IBM, as well as data miners, content providers, libraries and anyone else who relies on information. IBM's WebFountain is a huge collection of processors, routers and disk drives running a menagerie of software applications, all dedicated to one purpose: making sense of the churning ocean of information, opinion and falsehood that floods the Internet. WebFountain sucks in data like a search engine. Then its analysis engine sniffs out its own clues about a document's meaning and provides insight into what the search results mean in aggregate. WebFountain's most amazing trick: it converts unlabeled data into XML-labeled data. A variety of annotators, each specializing in a separate subject, scans each document looking for familiar references, and automatically adds XML tags when it spots them. Result: a uniform, structured format that can be searched and analyzed. In a few months, in partnership with online news company Factiva, IBM will launch a service to allow companies to track their reputations online: what journalists are reporting about them, which blogs have said what about them, even the latest buzz in chat rooms.

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Anyone know IBM's security address? 08/06/2004 06:52 PM
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IBM's is at the core of IT offshoring 03/08/2004 11:20 PM
The WSJ rips IBM's claim that it is adding jobs to its US workforce.  Basically, the slight of hand works like this:  a company outsources thousands of IT jobs to IBM.  IBM quickly moves to offshore them and radically cuts the pay/benefits of those that remain.  The net result is a net gain in jobs (from the few that remain after the offshoring).  IBM is basically a big blue job destruction machine.  For example:

Bonny Berger, a computer programmer in Elizabeth, N.J., had worked for AT&T for 21 years when she likewise was moved to IBM in 1999. Within four months, the project she was working on was moved to Canada and she was put to work updating software used to collect unpaid bills. After five months, she says, she was told that work would be moved to India and that she would train a replacement. Ms. Berger moved on to yet another IBM task. But in March 2002 she was told to retrain a replacement from Canada, after which she got a layoff notice.

NOTE:  remember that each good IT job outsourced destroys up to 4.5 other jobs in the general economy. 

NOTE2: The speed of this realignment in the economy is something that should concern everyone.  Prayer at the alter of the invisible hand is misguided.The invisible hand is a vengeful god that rains economic destruction down on the non-competitive. It has no special place in its heart for Americans.

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IBM's Power5 worth a second look


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Re: Anyone know IBM's security address?


Re: Anyone know IBM's security address? 08/06/2004 06:52 PM
Jedi/Sector One (Aug 06 2004)

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IBM's profits increase again

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