IBM offers companies monthly security report
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IBM Monday introduced a security service that offers a concise, monthly global-network threat report designed to help organizations assess security needs and vulnerabilities from a business perspective.
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IBM provided more details of its robust fourth-quarter and 2007 financial performance on Thursday following an early preview of the figures on Monday.IBM expects its overall growth to continue significantly in 2008 with earnings per share rising to between $8.20 and $8.30 this year, and between $10 and $11 by 2010. That would compare to $7.18 per share reported for 2007.&quot;I realize this is a challenging environment with economic uncertainty, but I think there are still opportunities for growth,&quot; Mark Loughridge, IBM&#39;s CFO, said during a conference call.IBM is in good position even in the event of a downturn, Loughridge argued, because of its global reach, its status as a &quot;proven infrastructure provider,&quot; and the capital it has for investments. The company ended 2007 with $16.1 billion in cash on hand.IBM&#39;s pending acquisitions of Telelogic and Cognos will add further to the bottom line in 2008, he said. &quot;We expect to provide synergies not only in software but [also in] services, servers, and storage,&quot; Loughridge said of the Cognos deal.IBM&#39;s fourth-quarter growth was especially strong in emerging markets and in its services and software groups, Loughridge said, though the company&#39;s System z mainframe business didn&#39;t perform as well.As reported on Monday, IBM&#39;s fourth-quarter revenue, aided by exchange rates and sales outside the U.S., stood at $28.9 billion, an increase of 10 percent over the same period in 2006. The figure beat the forecast of $27.82 billion from analysts polled by Thomson First Call, and was aided by the ongoing weakness in the dollar.Earnings per share for the quarter was $2.80, topping the analysts&#39; forecast of $2.60 per share. The results represent a 24 percent increase over the same period in 2006, when IBM earned $2.26 per share.IBM&#39;s services and software divisions showed particular strength in the quarter. Revenue from Global Technology Services grew 16 percent to $10 billion, reflecting strength around the globe and in various industries, IBM said. Global Business Services rose 17 percent to $4.9 billion, the company said.IBM&#39;s Software Group had fourth-quarter revenue of $6.3 billion, an increase of 12 percent compared to 2006. WebSphere revenue climbed by 23 percent; Information Management sales, 11 percent; Tivoli software, 19 percent; Lotus, 7 percent; and Rational, 22 percent, compared with the same quarter in 2006.Revenue from the Systems and Technology segment totaled $6.8 billion for the quarter, down 4 percent. System p UNIX server products grew by 9 percent from a year earlier, and System x server revenue increased 6 percent. But System z revenue fell by 15 percent.The drop in System z sales will be mitigated by the upcoming launch in February of IBM&#39;s next-generation mainframe, according to Loughridge. &quot;We expect the first quarter to be a period of product transition, with growth coming in the second quarter.&quot;The Americas generated $11.7 billion in revenue, up 5 percent over 2006. Revenue from Europe/Middle East/Africa was $10.8 billion, up 16 percent. Asia-Pacific revenue increased 15 percent to $5.5 billion. OEM revenues were $894 million, a drop of 13 percent compared to the same period in 2006.In some developing countries, including Malaysia and Ecuador, IBM is seeing &quot;insatiable demand&quot; due to strong economies powered by a growing middle class, Loughridge said.&quot;To me, this is a virtual gold rush in these rapidly emerging economies,&quot; he said. &quot;In the past, IBM built much of the infrastructure for the developed world. We see a new area of growth in these emerging markets.&quot;For the full year, total 2007 revenue was $98.8 billion, an 8 percent increase from 2006. The overall earnings for 2007, at $7.18 per share, marked an increase of 18 percent over 2006, IBM said. Net income for the year stood at $10.4 billion, up from $9.5 billion in 2006.IBM&#39;s stock was up $5.60 in after-hours trading to $106.50.
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Software giant will publish advance notice of security bulletins.
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Most large companies are struggling to protect themselves against security threats, a survey from security consultancy NetSec published today reveals.
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an IBM security report finds malware is increasing in volume and sophistication this year.
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Following Microsoft's lead, software maker opts to issue fixes on a monthly timetable. But does that make customers more secure?
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IBM (NYSE: IBM) has released what it says is the first software that automatically self-manages and self-tunes databases containing key business information without human intervention.
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IBM has begun using new security hardware from National Semiconductor in its desktop PCs in an effort to fend off viruses and hackers.
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IBM reported strong fourth-quarter earnings on Monday, beating analysts' expectations. It plans to provide its full earnings report later this week.
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IBM today introduced a security service that offers a concise, monthly global-network threat report designed to help organizations assess security needs and vulnerabilities from a business perspective.
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I.BM plans to begin releasing on Monday a monthly report of threats to computer networks in an effort to establish an indicator similar to the federal government&#39;s Homeland Security Advisory System.
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IBM (NYSE: IBM) Global Business Services unveiled its new report, "Navigating the Media Divide: Innovating and Enabling New Business Models," which offers a list of actions that companies can take to navigate the conflict threatening traditional content owners and media distributors.
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InfoWorld - IBM is aggressively expanding its security portfolio in hopes of becoming the de facto source of advice and technology for businesses looking to adopt high-level IT governance and risk management strategies -- a transformation among customers that officials at Big Blue cite as both ongoing and inevitable.
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The latest six-month report on Internet threats shows a staggering breadth and complexity. Symantec Corp.&#39;s Internet Security Threat Report (http://enterprisesecurity .
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IBM&#39;s campus in Boulder has begun issuing a monthly report on threats to computer networks that has similarities to Uncle Sam&#39;s system for warning citizens about the danger of terrorist attacks.
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SEPTEMBER 17, 2004 (IDG NEWS SERVICE) - IBM Corp. has begun using new security hardware from National Semiconductor Corp. in its desktop PCs in an effort to fend off viruses and hackers.
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Microsoft released five security bulletins on Tuesday as part of its monthly update cycle, warning of vulnerabilities that put computers running Windows at risk of attack.