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IBM likes the channel, puts a ring on it

IBM is getting more touchy with resellers by tackling channel conflict in its hardware biz following a massive slide in server sales during recent quarters. The move is being made exclusively in the System & Technology Group (STG) where IBM sales reps will now only be paid incentives for deals closed alongside resellers, not …
Paul Kunert, 27 Aug 2013

El Reg drills into IBM: The storage biz's got that sinking feeling

With the tremendous noise of chickens coming home to roost, IBM's first quarter storage revenues carried on crashing down with depressed revenues. We covered IBM's overall results here and pointed out that IBM's poor hardware product-based revenues were dragging the overall results down. Within that segment, storage results were …
Chris Mellor, 17 Apr 2014
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IBM job cuts: Big Blue starts 'slaughter' of Indian and European workforce

IBM has begun slicing away at its workforce in India and Europe, as the company tries to shift its business to more lucrative, higher-margin technologies. The job cuts were confirmed by a representative for the IBM Union Alliance to The Register by email on Wednesday after a report was published describing a mass layoff in India …
Jack Clark, 12 Feb 2014
channel_teaser_exit

IBM gets ready to push more UK and Irish bods overboard

IBM has started a 45-day consultation on letting up to 270 people go from its UK and Ireland operations. Sources have told The Register that Big Blue is once more readying the axe for employees in Blighty, adding to rounds of layoffs that have seen over 6,000 workers sacked globally since 2009. An IBM spokesperson confirmed …

IBM furloughs hardware workers for a week to cut costs

New IBM System and Technology Group chief Tom Rosamilia and his boss, CEO Ginni Rometty, are tightening the belts of Big Blue's hardware business so that it can make its numbers in the current or future quarter. Rumors were going around that IBM was going to put employees working in the Systems and Technology Group on furlough …
ProtecTIER

IBM handing pink slips to Israel-based Diligent devs - reports

Israeli media outlets are reporting that IBM is laying off product developers at its Diligent operation but leaving support staff roles untouched. According to Israeli biz news site Calcalist, Diligent, XIV, and Storwize – all three Israeli companies acquired by Big Blue – were housed by the firm in the R&D division of its …
Chris Mellor, 14 Feb 2014
channel_teaser_exit

Big Blue storage supremo Andy Monshaw quits IBM

Andy Monshaw, general manager of IBM's storage business from 2005 to 2008 and most recently general manager of the company's PureFlex integrated systems, has left the building. A well-placed source whispered the news to The Register that Monshaw's departed IBM within the last fortnight. Monshaw's LinkedIn profile also reflects …
Chris Mellor, 04 Jul 2013
data centre

New Big Blue UK, Ireland exec to give kiss o' life to server sales

It's all change in the upper echelons of IBM's UK and Ireland Systems Technology Group: its vice-president Shaun Coulson has handed control of the unit to Tosca Colangeli amid channel talk of collapsing server sales. Colangeli is a ten-year-plus IBM veteran who most recently served as veep for Big Blue's Computer Services …
Paul Kunert, 22 May 2013

Big customers need a personal servicing, says Big Blue grand fromage

IBM has handed the bulk of its largest corporate hardware customers to channel partners – some 200 accounts – but it is retaining 23 clients who will still get the touchy-feely treatment from its direct sales reps – who comprise half of the unit's sales. So the crown jewels remain firmly nestled in the bosom of Big Blue, so to …
Paul Kunert, 07 Nov 2013
IBM's System zEC12 mainframe

Sales at IBM decline 3.3 per cent in Q2, profits hit by layoffs

IBM chairman and CEO Ginni Rometty needs the company to turn in much better quarters for the remainder of 2103 than Big Blue did in the first quarter, when it missed its numbers by more than $400m. In the second quarter, IBM did a little better in its systems and services segments and the core business faired alright if you …
IBM CEO Ginni Rometty

IBM CEO Rometty swaps heads of strategy and servers

Ginni Rometty, who has been CEO at IBM for a year and a half, is making two big changes in the upper echelons of her management teams; she is swapping the head of corporate strategy and the head of its Systems and Technology Group, and it is presumably to get better results than IBM showed in its first quarter of 2013 in its …
IBM CEO Ginni Rometty

Lenovo deal to buy IBM x86 server biz moving along fast

It is becoming increasingly clear that IBM CEO Ginni Rometty is annoyed with the performance of the company's systems business. Annoyed enough to spin off all or part of its System x server business to China's Lenovo Group, according to rumors that surfaced last week. The US channel trade rag CRN broke the story of an impending …

Big Blue misses Q1 targets big-time thanks to systems shortfall

Big Blue did not turn in the numbers that it expected in the first quarter thanks to more than $400m in mainframe systems, related software, and intellectual property licensing deals that rolled over into the second quarter. In the quarter ended in March, revenues were off 5.1 per cent, to $23.41bn, and net income fell by 1.1 …
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IBM's mainframe upgrade cycle weakens

With IBM missing Wall Street's expectations for revenue growth in its third quarter by $103m, a sell-off in after-hours trading was already underway and will no doubt be in full swing when the market opens up tomorrow. Wall Street just doesn't get Big Blue. What the Street's moneymen don't realize is that IBM doesn't care about …
The Register breaking news

Doing the math on IBM's real systems biz

For the past couple of quarters, I have been refining my model of IBM's server business, and I think with the incarnation I built to analyze the company's fourth quarter and full year results for 2010, I have something that is closer to reality than I have ever put together before. And it shows just how much Big Blue is, …

Big Blue down on all fronts in its third quarter

Its third financial quarter was not an easy one for IBM, with sales down across most product lines and in many geographical regions, and profits down even after selling off its retail-store systems business to Toshiba. Total sales in the quarter were off 5.4 per cent to $24.75bn, and every part of IBM, including the Software …
channel

IBM squishes systems software into new business unit

As is usually the case at IBM, the official convergence is often announced long after various product lines were already well on their way toward a confluence behind the scenes. And so it is with a new unit of Big Blue's Systems and Technology Group, which put all of its operating systems and hypervisor virtualization software …
channel

IBM sued over failed virtual PC server projects

IBM's Systems and Technology Group finds itself at the center of controversy again, this time as it is being sued by one of its Big Blue's partners, Devon IT, for allegedly running what the thin client maker calls "a wide-spread Ponzi scheme" over a period of five years. In the complaint, which you can read here and which was …
The Register breaking news

Moffat leaves IBM after insider trading arrest

Bob Moffat - IBM's top server, storage, and chip exec - has left the company following his arrest for alleged involvement in an insider trading scam. Moffat was arrested by the FBI on October 16 and charged by the US District Attorneys office in Manhattan, along with five others, in an alleged insider trading scam that allowed …
globalisation

IBM: Our appliance servers smoke Ellison's 'phony baloney'

IBM is spoiling for a fight with Oracle, as was abundantly in evidence at Big Blue's recent Investor Day at the company's TJ Watson Research Center north of New York City. Thank heavens – otherwise server junkies might die of boredom. IBM doesn't talk as much smack as Oracle does – or Sun Microsystems did - but that doesn't …
The Register breaking news

IBM installs temp server GM after insider trading furore

IBM has put an executive in charge of its server, storage and chip business after the incumbent was put on a temporary leave of absence in the wake of an insider trading scandal that erupted last Friday. Bob Moffat, who was senior vice president and general manager of IBM's Systems and Technology Group, no longer holds those …
channel

Hardware boom boosts IBM in Q1

A bullish hardware upgrade cycle coming out of the Great Recession in the Western economies and continuing booms in several dozen growth markets around the globe helped IBM boost its revenues in the first quarter of 2011 by 7.7 per cent, to $24.6bn. An ever-weakening US dollar didn't hurt Big Blue's books, either, since a large …
fingers pointing at man

Grey beards seize power at Big Blue

In the wake of reporting IBM's second quarter financial results yesterday afternoon, Sam Palmisano, the company's president, chief executive officer, and chairman sent an email to all the employees saying that Big Blue was reorganizing its operations to better reflect the modern IT world. In the moves announced yesterday, a …
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Deconstructing and rebuilding IBM's server sales

It's that time, once again, to play Guess How Much Server Revenues Big Blue Had. Get out your stack of quarterly reports from IBM, your thinking cap, your fuzzy dice, and your spreadsheet program of choice, and let's see if you can come up with better numbers than I did. As previously reported, IBM's worldwide sales in the …

IBM (nearly) hits $100bn in 2010 sales

It looks like there was a lot of pent up demand for IBM's System zEnterprise 196 mainframes. At least for the large banking, insurance, and manufacturing companies that tend to buy this big iron. In the fourth quarter of 2010, IBM's mainframe sales were the best that company has seen in six years. and they helped drive the …
The Register breaking news

IBM hits $24bn target thanks to big iron

People expecting some big and pleasant surprises out of Big Blue in its third quarter are probably going to be disappointed that IBM did exactly and precisely what it said it would do. Revenues were up 3 per cent to $24.3bn, and net income climbed 11.7 per cent to $3.6bn. To help generate some enthusiasm for IBM's share price, …
For Sale sign detail

Big Blue says Power7 will make world smarter

If you believe that putting sensors on all manner of infrastructure systems, gathering telemetry on them in real time, and automating how they perform to the nth degree will all make the world a better place, you're well suited to a job at IBM selling its vision of a Smarter Planet - and some Power7 servers. The top brass of Big …
The Register breaking news

3dfx fires 20 per cent of workforce

The scheduled launch date for 3dfx's upcoming next-generation Voodoo 4 and 5 graphics acceleration products may be getting nearer, but not close enough to save the company financial embarrassment. Last week the loss-making company was forced to lay off 20 per cent of its staff -- 130 people in total -- in a bid to cut costs. It …
Tony Smith, 07 Feb 2000
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Cisco shells out $1m+ a worker for VPN firm

Cisco announced a deal on Tuesday to buy VPN start-up M. I. Secure for $13m cash. M. I. Secure must have either super clever technology or smart negotiators because the agreement values the 11 person firm - which has only been operating for eight months - at over $1m per worker. "M.I. Secure has no products or revenue," a Cisco …
John Leyden, 15 Jun 2005

Who is going to run IBM?

There is a tradition, but certainly not a rule, that the person running IBM retires at 60. In years gone by, as one chairman and chief executive was getting ready to retire, an up-and-coming executive from the direct reports to the CEO has been tapped to be president, and thereby anointed next CEO. Sam Palmisano, currently …
The Register breaking news

Azlan preps bid for QA?

Update QA today issued a statement through the Regulatory News Service, denying that it was in talks to sell the company. Shares in QA, the UK's biggest IT training company, advanced 5.5p to 51.5p this morning on a Daily Mail report saying that it could be in merger talks with Azlan. So much for the share price - trading …
Drew Cullen, 04 Jan 2002
The Register breaking news

CMP Said to Lay Off Nearly 200

Media Survey CMP Media is in the process of chopping nearly 200 jobs in a cost-cutting measure made necessary by an historic free-fall in the tech economy, insiders have told SWMS. Although corporate staff was affected, the layoffs were weighted toward CMP's Specialized Technologies Group (STG) and Business Technology Group ( …
Sam Whitmore, 08 Oct 2001
homeless man with sign

Servers take dive in IBM's third quarter

When IBM pre-announced its revenues and earnings as the market was swooning two weeks ago, in an effort to calm a staggering and falling Wall Street, the company's overall numbers gave the impression that Big Blue was weathering the financial storm. While this may be true in the aggregate, to IBM's, er, credit as an IT supplier …
The Register breaking news

IBM, Lenovo to announce JV 'this week'

Far Eastern sources continue to claim that IBM and Chinese PC maker Lenovo are in joint-venture discussions rather than pursuing the all-out acquisition of Big Blue's PC division. Neither company has formally commented on their talks, first reported a few weeks ago. The story was re-ignited last week when a number of US news …
Tony Smith, 06 Dec 2004
The Register breaking news

Crusoe robs ARM of chip wunderkid status

ARM Holdings, the fabless wonder, has seen its share price falter on uncertainty over the impact that Transmeta’s Crusoe chip will have on its business. This morning, ARM shares fell 158 pence to £28.60. Merrill Lynch has "repeated its 'buy' rating and £54 stg price target for ARM Holdings, advising investors to pick up the …
Drew Cullen, 21 Jan 2000
IBM

IBM's global message: the UK versus the US

A few weeks ago I was in Stamford, CT, at the IBM US STG (Systems and Technology Group) IT analyst conference, which featured a review of IBM market and product strategies across its System p, i, x, and z and storage product lines. The event also focused attention on new IBM green (environmentally sensitive) initiatives …
Joe Clabby, 08 Nov 2007
The Register breaking news

AK47: the open-source weapon that took the world by storm

Sixty years ago, a former tank sergeant named Mikhail Kalashnikov submitted an assault-rifle design to the Red Army for trials. It was selected as the new personal weapon for most Soviet soldiers, and designated Automat Kalashnikova 1947 – AK47 for short. That designation went out of official use in 1959, but to this day “AK47” …