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IBM Returns to Growth After 6 years

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IBM breaks a 22-month decline in Q4 2017, as total revenues total $22.54 billion-- a 3.6% Y-o-Y increase, bringing about profits of $4.5bn (an improvement from the -$1.05bn loss of Q4 2016).

IBM HQFull-year 2017 Big Blue revenues total $79bn.

"Our strategic imperatives revenue again grew at a double-digit rate and now represents 46 percent of our total revenue, and we are pleased with our overall revenue growth in the quarter," CEO Ginni Rometty says.  "During 2017, we strengthened our position as the leading enterprise cloud provider and established IBM as the blockchain leader for business.  Looking ahead, we are uniquely positioned to help clients use data and AI to build smarter businesses."

Gartner: IT Spending Totals $3.7 Trillion in 2018

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Global IT spending will total $3.7 trillion in 2018, Gartner reports-- a 4.5% increase over 2017, even if the year might see some uncertainty in the shape of Brexit, currency fluctuations and a possible recession.

"Despite this uncertainty, businesses will continue to invest in IT as they anticipate revenue growth, but their spending patterns will shift," the analyst continues. "Projects in digital business, blockchain, Internet of Things (IoT), and progression from big data to algorithms to machine learning to artificial intelligence (AI) will continue to be main drivers of growth."

Gartner IT Spending

Enterprise software shows strong growth in 2018, with global spending set to grow by 9.5% before growing by another 8.4% in 2019 to total $421 billion. Organisations should increase spending on enterprise application software in 2018, with more of the budget shifting to software as a service (SaaS). The growing availability of SaaS-based solutions encourages new adoption and spending across many subcategories, including financial management systems (FMS), human capital management (HCM) and analytic applications.

The First VDE Tec Summit at CEBIT 2018

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The German Association for Electrical, Electronic and Information Technologies (VDE) launches a flagship event at this year's CEBIT-- the VDE Tec Summit, a 2-day summit held at the on-site convention centre.

Cebit tec eventThe summit consists of two main events. The "Tec Innovation Tank" covers future-defining technologies. Aimed at students and young professionals, it gives participants the opportunities to meet companies searching for recruits, and involves debates on key technologies such as AI, data analytics, security and robotics, and their impact on the energy, manufacturing, mobility and lifestyle sectors.

Spectre Patch Affects New Core Chips After All

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Intel eats back the words it said earlier this month as it admits newer Skylake and Kaby Lake CPUs are also affected by the patch released to fix the issues brought about Spectre and Meltdown.

Intel logoAccording to a company blog post, while the firmware updates are "effective at mitigating exposure to the security issues," they also lead to more frequent reboots. Previously Intel insisted the issue was only noticeable on systems running on older Broadwell and Haswell CPUs, but tests have confirmed similar behaviours happen on Ivy Bridge-, Sandy Bridge-, Skywell- and Kaby Lake-based platforms.

That said, Intel insists it is close to identifying the root cause of the issue. In parallel, it is providing vendors with "beta microcode" for validation in the near future.

Samsung Produces 16Gb GDDR6 Memory

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Samsung starts mass production of what it claims is the first 16Gb GDDR6 memory, designed for advanced graphics processing in gaming devices and graphics cards, as well as automotive, network and AI applications.

Samsung GDDR6“Beginning with this early production of the industry’s first 16Gb GDDR6, we will offer a comprehensive graphics DRAM line-up, with the highest performance and densities, in a very timely manner,” the company says. “By introducing next-generation GDDR6 products, we will strengthen our presence in the gaming and graphics card markets and accommodate the growing need for advanced graphics memory in automotive and network systems."

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