Archive for 'IBM'

Time to Rethink IBM Stock?

There hasn’t been much to write home about when it comes to IBM stock. It’s been all negative, with a lackluster second quarter, thirteen quarters in a row with a negative performance, dubbed one of the most universally despised companies in the world, blah, blah and more blah. It’s depressing. So, why rethink IBM stock? Because IBM has over$12 billion cash from last year, its dividend yield is a decent 3.2%, and because it has increased its dividend by 18% per year over the past five years. Bob Ciura makes a case for IBM below

It’s no secret that IBM (NYSE:IBM) is struggling. IBM is one of the most universally despised companies in the world. The stock has been on a nearly unimpeded decline for a disturbingly long time. Shares of IBM are down 17% in the past year. In fact, IBM was the worst performing stock in the Dow Jones Industrial Average in both 2013 and 2014. There don’t seem to be enough negative things to say about IBM.

The criticism of IBM got even more heated after the company’s second quarter earnings, when IBM posted its 13th quarter in a row of declining revenue. One bright spot was the company’s progress in what it calls its ‘strategic imperatives’, which are higher-growth businesses like big data, the cloud, and security. Unfortunately, strong growth in these areas wasn’t even enough to satisfy analysts, who were quick to point out that these businesses are still too small to have any material impact.

But it’s worth digging deeper into IBM’s turnaround to find out whether this is actually true.

Strategic Imperatives Are Not Getting Enough Credit

It seems nobody is giving much credit to IBM for its strategic imperatives, but this is a mistake. These businesses are growing at impressive rates. Cloud revenue soared more than 70% adjusted for currency and cloud delivered as a service has reached an $8.7 billion annualized rate. Social revenue jumped more than 40% year to date excluding currency, and mobile revenue has more than quadrupled. Collectively, the strategic imperatives grew revenue by more than 30% over the first two quarters of the year adjusting for currency and divestments.

The bearish argument is that $8 billion represents a drop in the bucket for a company the size of IBM, and therefore the strategic imperatives are too inconsequential to stem the decline in IBM’s other businesses. But again, it’s worth noting that excluding foreign exchange and divestments, the overall decline is very modest. And, should those businesses keep growing anywhere close to 30% per year, it won’t take long at all for those businesses to become a very important part of the overall company.

This is already starting to happen. IBM stated in its 2014 annual report that in 2009, its strategic imperatives represented just 13% of its total revenue. Last year, these businesses accounted for 27%, more than doubling in that time. This year, the percentage will be even higher, and that should only continue going forward.

Read more about IBM here

 

 

 

 

 

 

 

Most small business owners have the same goal and that is to increase revenues with new business. In an average or stable economy there are already enough road blocks to make that a difficult undertaking. With today’s economy it’s even worse. But now there is a different way to increase your business and quite possibly increase it a lot. You’ll have to jump through some hoops but it may be worth it

IBM and several other large corporations have launched a directory where small businesses can get listed to do business with large corporations.

Called the Supplier Connection, the site is open to U.S. small businesses.

If you are wondering what “small” means, it means your business has to have less than $50 Million in revenues or fewer than 500 employees.  You have to provide products or services in chemicals, construction, consulting, financial services, auto parts, HR services, information technology, marketing communications, market research, printing, software or security (for the full list, see the Supplier Connection website).

Some of the large corporations that are involved along with IBM include JP Morgan Chase, Kellogg’s,  Pfizer, Caterpillar, Citi,  JohnDeere, AMD and Facebook.  The U.S. Small Business Administration has also gotten behind it.

But Is It Realistic for Small Businesses?

When I first heard about this from Laurie McCabe’s site, I thought it was a great idea. I was excited and decided to try it out.

What I discovered is that the paperwork and requirements are daunting.

First, let’s talk about the paperwork.  Bureaucracy is a huge barrier to growth for small businesses — even the perception of heavy bureaucracy is a barrier.  According to the Wall Street Journal, one business owner reported that completing a Supplier Profile is “not a one-hour routine” but takes commitment.

Most small businesses don’t have anything near the 500-employee limit for this program — instead, think 5 employees.  That is a much more common size for a small business.  In a 5-employee small business, there’s rarely anyone you can assign who will have all the knowledge to complete the paperwork.  The business owner will likely be handling the paperwork himself or herself, probably in the evening (since that’s the only time available).

Beyond the paperwork is the whole issue of whether you can meet the system’s mandatory requirements.  I started filling out the application and managed to get through the first four steps out of 9, in 20 minutes.  ”Hmm, that’s not so bad,” I thought.

Then I got to step 5, the Environment section. It stopped me cold.  For instance, how many of you could say “yes” to the following?

  • Does your company have a Corporate Responsibility and Environmental Management System, which measures performance, sets goals, and discloses results?
  • Does your company define, deploy, and sustain your corporate responsibility and environmental management system through your engagement with your suppliers?
  • Does your company cascade this set of requirements to your suppliers who perform work that is material to the products, parts and/or services being supplied to your customer?

In all, there were over 20 questions about environmental, ISO9001 and ISO14001 compliance, 16 of them required fields to answer.

Very few small businesses with under say, 20 employees, could say yes to the above questions.  And what if you answer “no”?  Well, you are required to specify the exact day, month and year when you plan to be in compliance.  In our business we  have no plans to create environmental policies and systems.  Being an Internet publisher we shut off lights when we don’t need them, recycle paper and soda cans, avoid printing emails and documents unless absolutely necessary, and use power management options on our computers and other equipment.  But we do not write corporate policies about those actions — we just do them.

Our suppliers (other small businesses and entrepreneurs) would laugh — or cry — if we asked them if they complied.   There’s no way that even if we wrote policies and systems, that we  could “cascade” that requirement to our suppliers.

So that was the end of my attempt to complete the application.  I gave up.

Some Bright Spots

On the other hand, I do see positives with this program:

The whole process can be difficult to accomplish and may not be for every business out there, but if you can make it work, think of the possibilities.

Google Tops Mergers & Acquisitions List for 2011

Google Tops Mergers & Acquisitions List for 2011

Google Tops Mergers & Acquisitions List for 2011-Image via CrunchBase

Berkery Noyes, an independent middle market investment bank, today released its Full Year 2011 Mergers and Acquisitions trend report for the Information Industry.

The Information Industry report, which Berkery Noyes defines as all media, software, and online companies, analyzes M&A in 2011 and compares it with activity in 2009 and 2010.

The median revenue multiple increased from 1.7x in 2010 to 2.1x in 2011, while the median EBITDA multiple increased from 10.5x to 12.0x. Total transaction volume in 2011 increased by 17 percent over 2010, from 2639 to 3098.

The most active acquirer for 2011 in the Information Industry was Google with 25 acquisitions, including 5 in the Fourth Quarter: Clever Sense, RightsFlow, Apture, Katango, and SocialGrapple. Overall, Google had 58 Information acquisitions from 2009 to 2011.

“Large tech players were heavily involved in intellectual property M&A,” said James Berkery, Chief Information Officer at Berkery Noyes. “Strong strategic interest in the sector was evident in 2011. For instance, Nortel sold 6,000 wireless patents in July 2011 for $4.5 billion to a consortium that included Microsoft, Research In Motion, Sony, Ericsson, EMC, and Apple.”

In several 2011 transactions, Google acquired a wide range of patents from IBM. Technology companies such as Google are likely to increase their patent portfolios for several reasons, principally to drive product innovation and to hedge against the increasing prevalence of patent litigation. Google’s acquisition of RightsFlow in December 2011, which will help with music licensing concerns on YouTube, shows that the search giant is determined to be a key player in the IP space.

Berkery Noyes specializes in Mergers & Acquisitions advisory services, in addition to structuring debt and equity transactions in the $25 million to $500 million range. Unique among investment banking firms, Berkery Noyes combines independent strategic research and industry intelligence with senior information technology banking expertise. Long having been an innovator in database and research technology in M&A, Berkery Noyes has committed itself to providing more expansive and more current information. The firm’s research teams publish acquisition activity in the respective sectors they follow on MandAsoft.com.

A copy of the FULL YEAR 2011 INFORMATION INDUSTRY MERGERS & ACQUISITIONS REPORT is available at the Berkery Noyes website.

About Berkery Noyes

Berkery Noyes is an independent investment banking advisory firm servicing the information industry. Focused on middle-market corporations and financial sponsors, Berkery Noyes is committed to delivering a comprehensive array of industry-leading advisory services. Since its founding by Joseph W. Berkery in 1983, the firm has worked with corporate clients to grow through acquisition, divest non-core assets, and maximize shareholder returns through strategic transactions and restructurings. For private owners, Berkery Noyes helps create liquidity and execute timely exit strategies that achieve the personal and professional objectives. For more information, visit www.berkerynoyes.com.

­­­Contact Information:
Peter Wilson
Berkery Noyes
646-442-7966
peter.wilson@berkerynoyes.com

Web Site: http://www.berkerynoyes.com

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Participant and provider website redesigns to leverage enhanced technology to help clients drive outcomes, simplify administration and enable retirement readiness

 DST Retirement Solutions, the leading provider of ASP and BPO defined contribution solutions, is deploying a new strategy for helping clients maximize the value of participant and plan websites. The strategy focuses on designing best-in-class user experiences that move beyond transactional needs by leveraging technology to communicate, collaborate and influence behavior for targeted audiences.

The first step in deploying the strategy focuses on reengineering plan sponsor and participant websites to elevate their relevance, visual value and directness. Collaborating with clients, DST Retirement Solutions is utilizing a two-prong approach that identifies client requirements and implements key success factors. Important enhancements include video capabilities and increased levels of customization, including user preferences to drive tailored content to individuals.

According to Joe Rathgeb, DST Retirement Solutions Chief Development Officer, “With input from our clients, we are making participant and plan sponsor websites relevant, visual, easy to navigate, and proactive to help drive improved participant outcomes while helping plan sponsors ease the administration of their plan. Clients will have the ability to not only brand the websites to their look and feel, but the sites are flexible so that they can provide and deliver custom content, helping them continuously differentiate themselves.”

The new strategy is built around a framework that includes:

  • enriched user experiences
  • content management
  • customization based on user preferences
  • security administration
  • collaborative processing
  • monitoring and measuring
  • information targeted to specific audiences

“We believe this is an appropriate framework to build out our web solutions for clients as they engage and build relationships not only with plan sponsors and participants, but third parties such as advisors, consultants and others,” said Joe Rathgeb.

DST Retirement Solutions has engaged Makibie, a web consulting firm to participate in the reengineering of the websites. Makibie is working with DST Retirement Solutions to help focus on retooling sites to provide a simplified model to clients that will help them differentiate, improve speed to market and provide consistency across all audiences.

DST Retirement Solutions, LLC offers one of the broadest arrays of high-value retirement outsourcing solutions for financial organizations distributing retirement investment products and serving their customers’ retirement needs. Financial service companies, such as mutual funds, banks, insurance companies and third party administrators, benefit from our flexible service model that utilizes an end-to-end technology solution and provides support for financial intermediaries. Servicing approximately 4.5 million participants, DST Retirement Solutions supports any plan size and investment vehicle. DST Retirement Solutions is a wholly owned subsidiary of DST Systems, Inc.

Will collaborate with White House in Startup America program

IBM (NYSE: IBM) today announced that it will invest $150 million in 2011 to fund programs that promote entrepreneurs and new business opportunities in the United States. The announcement was made as part of the White House-led Startup America campaign launched today.

“The investment will help us greatly expand the work we’re doing to build business skills and provide market opportunities for the most innovative new companies in the country,” said James Corgel, General Manager, IBM Developer and Academic Relations. “These start-ups are tackling some of the country’s most pressing challenges and opportunities.”

Since launching its Global Entrepreneur initiative last year, IBM has helped launch more than 500 new businesses in key areas such as green energy, health care and transportation. The new investment will be used to:

  • Coach and mentor start-up businesses throughout the United States;
  • Expand education, build skills and mentorship programs in collaboration with the academic and venture capital communities;
  • Provide skills and business opportunities to the growing community of software developers who collaborate on emerging technologies.

IBM has been in the business of building skills for 100 years. Today, IBM works with more than eight million developers and nearly 6,000 universities in programs to help develop new technologies and prepare students and developers with the skills to succeed in a global market. Additionally, there are five IBM Innovations Centers in the United States where IBM provides access to technology, education and hands-on assistance to help business partners and start-ups design, build, market and deliver new technologies and solutions.

The new investment will be used to bring these diverse communities together, encouraging collaboration and innovation around new solutions to issues such as smarter health care, energy and transportation. For example, next week, the IBM Innovation Center in the Boston area is hosting “Connecting Companies with Capital.” The event will bring together health care and life sciences start-up companies with local venture capitalists. The goal of the event is to connect local entrepreneurs looking to raise capital with potential sources of funding. Participants will also have access to panel discussions from leading experts in the field of health care and life sciences. The program is just one of many planned in 2011.

“IBM has a unique business model when it comes to working with VCs and entrepreneurs,” said Promod Haque, Managing Partner, Norwest Venture Partners (NVP). “We have worked closely with IBM for more than a decade to identify trends, partnerships and potential new businesses. This new investment will greatly accelerate our ongoing collaboration with IBM as we are both deeply committed to fostering innovation in the U.S.”

Among the new American start-ups working with IBM are:

  • Streetline: A San Francisco-based company that uses the latest sensor technology to help citizens find inexpensive parking quickly, while helping cities to manage their parking resources more efficiently.
  • Sproxil: A Boston-based company that identifies counterfeit medicine in emerging countries using cell phone technology at point of purchase to validate genuine drugs.
  • CareCloud: A Florida-based cloud computing software and services company that streamlines the financial, administrative and clinical functions of a medical practice.

IBM is also leading a series of forums that bring together civic, academic, business and entrepreneurial leaders to discuss the key challenges facing our cities and communities. For example, this Tuesday, February 1, in Austin, Texas, IBM and the Austin Chamber of Commerce will reconvene a group at the IBM Innovation Center there, which now meets quarterly. Additional events are planned in 2011.

To help build start-up communities and harness the innovation of academic communities, IBM is also launching its 2011 Skills Tour that will visit 15 college and university communities in 10 states over the next 100 days. Each event brings together students and professors with business, government, venture capital and non-profit leaders from the area to discuss the skills needed for leadership jobs in the 21st century.

As part of the Startup America program, IBM will collaborate with other participants as the company works to expand its 100,000-member partner community. More information about the Startup America Partnership is available at www.startupamericapartnership.org.

For more information on IBM’s Global Entrepreneur initiative, visit www.ibm.com/isv/startup.

Media contact:
Tim Willeford
IBM
914-766-1107
twilleford@us.ibm.com

CONTACT: Tim Willeford, IBM, +1-914-766-1107, twilleford@us.ibm.com

Web Site: http://www.ibm.com

Jobs Stimulus- A Message to Congress

Many great new jobs can be created by innovations in technology that are being developed through university research labs and innovative start-up companies across the nation if Congress can give Americans the opportunity to learn new skills to get those jobs, according to a study published in a new book: Closing America’s Job Gap by Mary Walshok, Tapan Munroe and Henry DeVries (W Business Books, January 2011).

“Job creation opportunities are tremendous if the new U.S. Congress can better align training with America’s areas of successful innovation in such areas as healthcare IT, digital media, precision manufacturing and retrofitting buildings to new environmental standards,” says Walshok, a sociologist who has done research for the U.S. Department of Labor and the dean of continuing education at the University of California San Diego (http://extension.ucsd.edu). “This can best be done by modifying existing workplace skills or helping recent college graduates find jobs.”

According to Closing America’s Job Gap, the top ten ways the new U.S. Congress can create jobs are:

1. Encourage Start-Ups. Congress needs to create and keep good jobs in America by supporting innovative start-up companies that create jobs and provide incentives for retraining people to be qualified for new technologies.

2. Bottom Up, Not Top Down. Rather than federal top-down strategies for job creation, evidence from across America indicates the time has come for a bottom-up approach that harnesses the wisdom of local communities. The federal government needs to invest regionally in the kinds of collaborations that are already producing good jobs in high tech, biotech and clean tech, for which specialized training may be needed.

3. Tax Incentives for Training and Tuition Assistance Programs. Investment in employee training is rising but could use a boost. According to the University and Professional Continuing Education Association, employers want to increase their investment in employee education, a clear recognition that they need a highly skilled workforce to remain competitive. The government should provide incentives.

4. Tax Incentives for Time Off for Continuing Education. One roadblock to “reskilling” is that many employees find it difficult to pursue continuing education while balancing work and family obligations. Employers should offer flexible, convenient educational options to help increase participation. Tax incentives for doing so would go a long way.

5. Support Regional Business Clusters. In today’s environment, regions need to be thinking about the industry clusters that can harness their assets to grow innovative new enterprises that can contribute to job creation. Central governments in advanced countries have launched numerous programs to promote growth-producing collaboration in key industry clusters. In fact, 26 of 31 European Union countries have cluster initiative programs, as do Japan and Korea. The United States needs cluster strategies that include provisions for workforce development.

6. Assemble the Right Team. Federal programs should maximize the resources provided for regional collaboration. Bring together the four key players in economic growth: the research community; the entrepreneurs and investors; the economic development associations; and the educators and workforce training organizations.

7. Help Adults, Not Just Kids. Congress needs to include adult learners in their education plans, not merely undergraduates and graduate students. Many members of Congress believe that an undergraduate or advanced degree will provide the knowledge and skills sufficient for a professional career spanning several decades. In today’s world that is no longer true. Expanding on the job training and lifelong learning options are critical.

8. Think Globally. Congress needs to stimulate training programs to assure Americans have a clear sense of the enormous effects of globalization and new technologies on all industries and all workers and what they must do to be competitive. Six out of 10 university students believe their education has not prepared them to address these issues, according to a 2010 IBM survey of 3,600 students.

9. Invest in the Skilled Trades. The United States is not investing as much money and time in technical skills development as other nations. Examples of skilled jobs include: electricians, carpenters, plumbers and welders. Shortages of skilled workers are acute in many of the world’s biggest economies, including the United States and Canada, where employers ranked skilled trades as their number one or number two hiring challenge, according to Manpower’s 2010 Talent Shortage Survey.

10. Time for an Upgrade. Congress should help American employers invest in upgrading their workers’ skills at the levels most European and Asian employers do. U.S. companies have fallen to eighth place for investments in training and employee development, as ranked by the World Economic Forum.

Closing America’s Job Gap notes that for the nation to take full advantage of innovation, employers and job seekers need to wholeheartedly embrace lifelong learning.

Contact:
Henry DeVries
hdevries@ucsd.edu
858-534-9955

CONTACT: Henry DeVries, hdevries@ucsd.edu, +1-858-534-9955

Web Site: http://www.extension.ucsd.edu

Industry-first data sharing model among hospitals, doctors and outpatient clinics to support accountable care and performance improvements

IBM (NYSE: IBM) and the Premier healthcare alliance today announced plans to integrate health information from across hospitals and other healthcare sites. More than 2,400 hospitals and thousands of other healthcare sites will benefit from this model to help improve clinical outcomes, reduce waste and prepare for new methods of delivering care required by health reform.

IBM and Premier will develop an industry-first technology platform to gain insights on, measure and improve the health of the population. This will support hospitals, doctors and other health providers in working together to enhance patient safety while reducing the overuse of procedures, readmissions, unnecessary ER visits and hospital-acquired conditions.

Recent research from the Institute of Medicine and the Archives of Internal Medicine suggests enhanced use of health data is needed to reduce fragmentation of medical information that results in higher medical costs and increased likelihood of adverse medical events. In most healthcare settings, the data needed to make these improvements is stored in many different formats and multiple locations. This same information also needs to be made more accessible to support accountable care organizations mandated under the Affordable Care Act that reimburse providers for quality of care, not volume of care.

“Doctors and other medical personnel need relevant, meaningful and real-time information at the point of care delivery to make better decisions about how to treat each patient,” said Billings Clinic CEO Nicholas Wolter, MD. “Comprehensive information like this helps connect the dots, allowing us to see what type of care works best for patients and how we as caregivers can make the biggest impact in keeping people well.”

According to Lynn Miller, executive vice president, clinical operations at Geisinger Health System, “We know that effective data can improve outcomes, reduce readmissions and eliminate duplicative and unnecessary care. Doctors, hospitals and insurance companies using information-sharing platforms set the true foundation for redesigning how healthcare is delivered and paid for.”

For patients, this means greater certainty they will get the most effective treatment possible. It will also provide better assurance that the care they receive follows best practices from leading hospitals and healthcare experts across the nation. In addition, the model will enable comparative effectiveness by demonstrating how effectively various medical treatments improve health outcomes and conditions.

“For the first time, all members in the healthcare system will be able to easily access data that is consistent and unified to help reduce preventable harm and waste,” said Susan DeVore, president and CEO of Premier. “This has been the missing link in helping move the mark on evidence-based medicine by using new insight to transform the quality and cost-effectiveness of care. It’s a win-win-win for providers, patients and payors – care is more effective, people are happier and spend less time in care settings, and excess costs are reduced.”

Results from Premier’s QUEST® initiative show the improvements that could be made in the inpatient setting alone by incorporating this type of data sharing model. The project’s 157 participating hospitals saved an estimated 22,164 lives and reduced healthcare spending by $2.13 billion. Estimates projected an additional 64,000 lives and $23 billion could have been saved if all hospitals in the country had been able to achieve results similar to those in QUEST.

Participants in Premier’s Accountable Care Implementation Collaborative will leverage the model to exchange data. The collaborative is currently composed of 25 health systems with more than 90 hospitals and 5,000 physicians providing care for 1.4 million patients across 19 states. They include: Billings Clinic; Bon Secours Health System Inc.; Fairview Health Services; Geisinger Health System; North Shore – Long Island Jewish Health System; Presbyterian Healthcare Services; Summa Health System; and Texas Health Resources. Premier will begin to offer these capabilities to its more than 2,400 member hospitals and 70,000-plus other care sites starting in spring 2011.

According to Dan Pelino, general manager, IBM healthcare and life sciences, “Without access to this data, the majority of providers simply cannot offer the type of accountable care that regulations require and patients deserve. Our work with Premier will help clinical, administrative and financial decision makers easily and efficiently access information that could improve care. This is a necessity to transform healthcare delivery, bending the cost curve while improving the quality of care.”

The initiative will access Premier’s clinical, financial and operational comparative database, the nation’s largest compilation of inpatient data containing nearly 40 percent of all U.S. hospital discharges. It will also incorporate non-hospital data (physician practice and other ambulatory settings) and health plan data. Examples of this data include:

  • Clinical data regarding how care was delivered and related outcomes;
  • Supply chain data that incorporates clinical outcomes with costs; and
  • Operational data regarding labor efficiency and overall operating costs.

The new industry standard, pre-integrated platform for data acquisition, transformation, real time validation and meaningful metrics is built on the IBM Health Integration Framework. It is powered by IBM Smarter Analytics System with DB2 data warehouse. The IBM information management portfolio will be used to acquire, transform, validate and populate the jointly developed healthcare data model. Initiate software master data management and WebSphere Healthcare ESB provide a single view of the constituent or entity, identity resolution and data acquisition. WebSphere software provides clinical and business rules management. Tivoli software provides security and service management. Application development is built upon Rational software and a common user experience and collaboration is provided through Lotus software. The entire system runs on IBM POWER7 technology.

About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient

Premier is a performance improvement alliance of more than 2,400 U.S. hospitals and 70,000-plus other healthcare sites using the power of collaboration to lead the transformation to high quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier maintains the nation’s most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services and the United Kingdom’s National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has offices in San Diego, Philadelphia and Washington. http://www.premierinc.com. Stay connected with Premier on Facebook, Twitter and YouTube.

About IBM

For more information about IBM, visit: http://www.ibm.com/smarterhealthcare.

Follow us on Twitter @IBMHealthcare or www.twitter.com/ibmhealthcare.

Join in the discussion on the Smarter Healthcare LinkedIn Group.

Watch our videos at www.youtube.com/ibmhealthcare.

Media Contacts:
Holli Haswell
IBM
720-396-5485
hhaswell@us.ibm.com
Alven Weil
Premier Healthcare Alliance
704.816.5797
alven_weil@premierinc.com

http://www.ibm.com

Attunity Ltd. (OTC Bulletin Board: ATTUF) Enters Agreement with Microsoft (Nasdaq: MSFT) for Cloud Based Software

Attunity Ltd. (OTC Bulletin Board: ATTUF) Enters Agreement with Microsoft (Nasdaq: MSFT) for Cloud Based Software-Image via Wikipedia

Microsoft to integrate Attunity’s change data capture software with SQL Server to enable strategic capabilities for cloud computing and real-time business intelligence

Attunity Ltd. (OTC Bulletin Board: ATTUF), a leading provider of real-time data integration and event capture software, announced today that it had entered into a new, multi-million dollar OEM agreement with Microsoft Corporation (Nasdaq: MSFT), to provide Attunity’s change data capture (CDC) in Microsoft’s next version of SQL Server. The integration of Attunity CDC into SQL Server will support customer requirements in strategic markets including cloud computing and real time business intelligence (BI).

Shimon Alon, Attunity’s Chairman and Chief Executive Officer stated: “This OEM agreement is an important turning point for Attunity. Aside from the strategic importance of this five-year agreement, we expect to receive a significant portion of the payments during 2011 and the balance in quarterly payments starting toward the end of 2012. This will enable us to strengthen our cash position and accelerate our growth by making additional investments in sales, marketing and R&D, as well as target high growth markets such as cloud computing.”

“We are focused on delivering a business platform that helps our customers maximize the value of their data for operations and business intelligence, on-premise and in the cloud,” said Denise Draper, Product Unit Manager at Microsoft. “By making innovative technologies such as Attunity’s CDC available in SQL Server, we are making it easier to use data efficiently, enabling customers to capitalize on the lower cost of ownership of the Microsoft platform and cloud computing.”

Shimon Alon concluded: “This agreement elevates our already successful partnership with Microsoft to a new level, making Attunity the de-facto partner of choice for dealing with heterogeneous data, on-premise and in the cloud, creating new and exciting opportunities for both companies in the future”.

With this integration, Microsoft customers will seamlessly use Attunity’s CDC to enable efficient movement of data from Oracle databases, addressing the high demand for making data available for business intelligence and data warehousing, as well as for capitalizing on the cost efficiencies of managing data in the cloud. Attunity is a leading provider of Change Data Capture (CDC) technology, offering CDC products for many heterogeneous enterprise databases, relational and non-relational, on platforms ranging from Windows to the mainframe. Having been previously selected by Microsoft for providing high-speed connectors, this agreement represents a repeated selection of Attunity, which Attunity believes demonstrates the high quality of the Attunity technology, as well as Attunity’s standards and commitment to its customers’ success.

Additional details regarding the OEM Agreement are included in the Company’s Report on Form 6-K filed today with the Securities and Exchange Commission (SEC).

About Attunity

Attunity is a leading provider of real-time data integration and event capture software. Our offering includes software solutions such as Attunity Stream®, a real-time and change-data-capture (CDC) software, our Operational Data Replication (ODR) solution and Attunity Connect®, our real-time connectivity software. Using Attunity’s software solutions, our customers enjoy dramatic business benefits by enabling real time access to information where and when needed, across the maze of heterogeneous systems making up today’s IT environment.

Attunity has supplied innovative software solutions to its enterprise-class customers for nearly 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and HP. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit http://www.attunity.com and join our community on Twitter, Facebook and LinkedIn.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. Statements preceded by, followed by, or that otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally forward-looking in nature and not historical facts. For example, when we discuss the expected payments from Microsoft and our growth potential, we are using a forward looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results could differ materially from Attunity’s current expectations. Factors that could cause or contribute to such differences include, but are not limited to: the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; our liquidity challenges and the need to raise additional capital in the future; any unforeseen developmental or technological difficulties with regard to Attunity’s products; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity’s; unknown factors affecting third parties with which Attunity has formed business alliances; timely availability and customer acceptance of Attunity’s new and existing products; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity’s Annual Report on Form 20-F for the year ended December 31, 2009, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Attunity in reports filed or furnished to the SEC. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

© Attunity 2010. All Rights Reserved. Attunity is a registered trademark of Attunity Inc. All other product and company names herein may be trademarks of their respective owners.

Press contact:
Dror Harel-Elkayam, CFO
dror.elkayam@attunity.com
Tel-+972-9-899-30-10
Itamar Ankorion, Director of Marketing and Business Development
itamar.ankorion@attunity.com
Tel. 781-730-4071
IBM (NYSE: IBM) Software: Stock Trading System Generates Greater Profits

IBM (NYSE: IBM) Software: Stock Trading System Generates Greater Profits

IBM (NYSE: IBM) today announced that Indeval, Mexico’s central securities depository (CSD), is using IBM software to settle securities trades in seconds, reducing the risk of financial losses and shielding the country from fluctuating market conditions. Rapid trade settlement has reduced the amount of cash that banks must have on hand to cover trades by 52 percent and saved Mexican banks more than $240 million in interest in 18 months.

Mexico’s new securities settlement system is the world’s first one that operates a near real-time net settlement model. Other nations central securities depositories worldwide are expected to adopt similar near real-time settlement models.

By using IBM’s decision automation and advanced analytics software, the new securities settlement system, called Dali, settles over $250 billion in securities per day — one fifth of Mexico’s GDP — in near real time. It has provided added stability to Mexico’s financial system by raising liquidity levels while lowering capital requirements for financial institutions.

As the world becomes flatter, the world’s financial markets are becoming interconnected. Instances of instability in one financial system can impact markets worldwide. The process for settling securities trades has a tremendous impact on how global financial markets operate. Central securities depositories (CSDs) are the central hub of financial markets providing services related to the custody and management of securities on behalf of banks and individual investors and settlement of securities transactions.

The inter-dependence of the world’s financial systems was graphically illustrated by the exposure that resulted from the failure of Lehman Brothers in September 2008. That event highlighted the importance of settling securities transactions as quickly as possible to reduce the losses associated with outstanding stock trades. Mexico’s clearing and settlement module delivers continuous and near real time settlement which substantially reducing these risks.

“As the core of the financial infrastructure, it is important that settlement systems be robust to rapidly process volumes of transactions to ward off the negative effects of a financial crisis,” said Jaime Villasenor, Chief Risk Officer at Indeval. “As the largest payment and securities settlement system in the financial sector, Indeval is helping mitigate the risk involved in transactions settlement and diverting the worst effects of the systemic crisis.”

Today, Indeval is settling trades as quickly as possible after they occur, without incurring borrowing costs. In just one minute in a recent settlement cycle, more than $70 billion in stock trades were settled.

“Market participants throughout the world have a renewed focus on closing transactions as soon as possible,” said Arturo Palacios, Senior Operations Manager at Indeval. “There is no doubt that IBM’s software helped provide a higher level of liquidity than would have been possible during the recent crisis.”

Previously, Indeval, like most CSDs around the world, operated a settlement system that required banks to hold liquidity of billions of dollars while securities were being settled. Linking the delivery of securities to their corresponding payment requires depositors to have adequate financial resources available to settle their trades. Financial institutions may have to borrow if they do not have sufficient funds to settle stock and debt trades.

At the heart of Indeval’s Dali securities settlement system, the IBM ILOG CPLEX Optimizers match thousands of transactions simultaneously, so that only net amounts of securities and cash need to be transferred among the participating financial institutions. This tremendously reduces the amount of cash and securities the institutions need to have on hand to settle the transactions.

“Indeval is changing securities trading and is an example to other central depositories around the world. The application of advanced analytics using speed, robustness and reliability of CPLEX to process complex securities transactions reduces risks for banks and saves on costs. Mexico’s financial stability impacts not only its own citizens but also the world’s financial system,” said Eduardo Gutierrez, Software Director, IBM Mexico & Latin Caribbean Region.

In recognition of its excellence in operations research, Indeval won the 2010 Edelman Award from INFORMS (Institute for Operations Research and the Management Sciences).

For more information, please visit http://www.ibm.com/software/websphere/optimization/advanced-analytics/

Media Contacts:
IBM USA
Rebecca Mettler
Media Relations
760-946-2760
rmettle@us.ibm.com
IBM Mexico
Susana Maldonado
External Relations
Phone : 52-55- 5270 3177
smaldona@mx1.ibm.com
IBM Latin America
Carola Schaub
Brand & Communications Leader
57-1-628 1484
cschaub@co.ibm.com
Business Solutions-IBM (NYSE: IBM) Offers Analytics Based Software

Business Solutions-IBM (NYSE: IBM) Offers Analytics Based Software -Image via CrunchBase

IBM (NYSE: IBM) today announced that NYC-based apparel manufacturer Bernard Chaus is using business analytics to improve sales, analyze in-season buying trends, and track the hottest selling products by store — down to style, size and color.

Retailers are increasingly looking to analytics technology to better predict and prepare for holiday shopping trends, make in-season changes and maximize their end of year sales. In the case of Bernard Chaus, business analytics technology is helping the company swiftly respond to consumer demand, and improve margin performance by significantly reducing its quarterly sales revenue losses from marked down inventory by nearly 50% over the past year.

Bernard Chaus, Inc., a mid-size manufacturer and distributor of women’s career and casual sportswear, was looking to streamline its sales and merchandising efforts and create a detailed, accurate view of weekly sales trends for their decision makers. With previous manual data collection processes and Excel spreadsheets, there was no guarantee that sales information was correct or all inclusive, compromising the company’s ability to react to fluctuations in sales.

Working with IBM and IBM Business Partner SKY I.T. Group, the company developed an analytics-based solution called SkyPAD that provides a weekly report of key business metrics via a web-based dashboard.  The dashboard enables improved decision making across product pricing, assortment design, production and distribution.  Using the system, Chaus can quickly spot fast selling items, shift products between stores, adjust pricing and make in-season adjustments based on proven consumer demand.  Chaus also has the capability to instantly compare profit margins across different retail outlets to identify future brand positioning strategies.

“Business analytics technology provides tremendous value, especially as we look to expand our global operations,” said Ed Eskew, Chief Information Officer at Bernard Chaus. “Although merchandise has been already produced for the holiday season, both suppliers and retailers are able to harness the power of business intelligence to get our products off the retail floor faster. In fact, SkyPAD has become as mission critical as our Enterprise Resource Planning (ERP) system, and in some cases, even more so.”

Built on Sky IT Group’s business intelligence platform and using IBM DB2 software and BladeCenter servers, the solution has helped transform Bernard Chaus into a forward-looking, intelligent and connected enterprise. SkyPAD’s predictive analytics features help Bernard Chaus more accurately determine production schedules based on projections and initial sales in season.

Bernard Chaus also plans to integrate all of its company data and link to overseas manufacturing facilities in order to create a comprehensive view of the entire supply chain down to the actual cutting of piece goods. By extending the technology throughout the company’s operations, Bernard Chaus aims to decrease production lag time and more quickly adjust its cutting plans to sales trends.

“Real-time insights are helping Bernard Chaus keep its finger on the pulse of the fast moving, fashion industry,” said Andy Monshaw, general manager of IBM’s midmarket business. “IBM is focused on providing clients with higher value capabilities that help them transform how they develop products, support customers and innovate in the markets in which they compete.”

IBM continues to expand its multi-billion dollar investment in the business analytics and optimization market.  Over the past five years, IBM has invested more than $14 billion in 24 analytics acquisitions. Today, more than 8,000 IBM business consultants and 200 researchers are dedicated to analytics.

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