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  India's data beach expenses soar: Average cost hits Rs 17 crore, new Study revealed

  Technology | July 25, 2023 20:23 IST

  India experiences a variety of cyberattacks, with phishing attacks being the most common at nearly 22%, closely followed by stolen or compromised credentials at 16%. Interestingly, social engineering emerged as the costliest cause of breaches, resulting in significant financial losses.

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  IBM to invest $100 million to build a 100,000-qubit supercomputer by 2033

  Technology | May 21, 2023 21:45 IST

  According to the company, a 100,000-qubit system would serve as a foundation to address some of the world's most pressing problems that even the most advanced supercomputers of today may never be able to solve.

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  IBM may replace 7,800 jobs with AI in the next 5 years: Know more

  Technology | May 02, 2023 10:21 IST

  Krishna has been managing the century-old company since 2020 and has been witnessing constant lower growth in the businesses it has been felt by his statement that he may consider selling its weather unit soon (timeline unspecified).

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  IBM fires nearly 3,900 employees as company fails to meet annual cash target

  Business | January 26, 2023 8:24 IST

  According to reports, the layoffs are the result of the company not meeting its annual cash target, and revenue expectations in the fourth quarter.

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  Airtel and IBM collaborated to power Indian enterprises in 5G era- Know more

  Technology | September 14, 2022 19:15 IST

  Airtel's edge computing platform, deployed as a hybrid environment, is based on IBM Cloud Satellite and Red Hat OpenShift.

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  IIT Madras joins IBM Quantum Network to advance quantum computing in India

  Business | September 12, 2022 18:03 IST

  As a member of the IBM Quantum Network, IIT-M will get cloud-based access to IBM’s most advanced quantum computing systems and IBM’s quantum expertise to explore practical applications and realize the wide-ranging benefits of this technology for business and society.

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  Arvind Krishna, IBM chairman, elected to Board of Directors of Federal Reserve Bank of New York

  Business | May 04, 2022 14:42 IST

  Krishna, who has an undergraduate degree from the Indian Institute of Technology, Kanpur and a PhD from the University of Illinois at Urbana-Champaign, previously was senior vice president of Cloud and Cognitive Software.

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  IBM suspends business in Russia; says 'providing critical support to impacted areas'

  World | March 08, 2022 7:23 IST

  Russia continues to maintain that it started the "military operation" to save the residents of eastern Ukraine and "demilitarise" the political leadership in the country.

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  Jim Whitehurst steps down as IBM president in just 14 months

  Business | July 03, 2021 10:14 IST

  Whitehurst has played a pivotal role in the $34 billion IBM and Red Hat integration announced in 2018.

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  'TCS 3rd most-valued IT services brand globally, closes gap behind IBM'

  Business | January 27, 2021 16:18 IST

  Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL, and Wipro -- secured spots in the top-10 global tally.  

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  Vodafone Idea inks pact with IBM on data transformation

  Business | October 13, 2020 13:30 IST

  Telecom major Vodafone Idea Limited (VIL) on Tuesday announced that it has selected IBM Services to help it embrace open source at scale across the enterprise by implementing the big data platform on open source Hadoop framework.

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  PM Modi interacts with IBM CEO, says 'great time to invest in India'

  Business | July 20, 2020 18:50 IST

  Prime Minister Narendra Modi interacted with IBM CEO Arvind Krishna via video conferencing on Monday. Talking about the impact of COVID-19 on business culture, the prime minister said that "work-from-home" is being adopted in a big way and the government is constantly working towards providing infrastructure, connectivity, and regulatory environment to ensure that this technological shift is smooth.

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  Andhra deploys IBM Watson chatbot to answer COVID-19 queries

  Technology | June 04, 2020 18:37 IST

  Tech companies have developed AI chatbot to solve Coronavirus-related queries in the past few months. 

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  IIT Kanpur alumnus Arvind Krishna to head IBM: All you need to know about tech giant's new CEO

  Business | January 31, 2020 12:46 IST

  IIT Kanpur's Arvind Krishna has been elected Chief Executive Officer of American IT giant IBM succeeding Virginia Rometty, who described him as the 'right CEO for the next era at IBM' and 'well-positioned'.

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  Average data breach cost hits Rs 12.8 crore in India: IBM

  Business | July 23, 2019 13:34 IST

  The average cost of data breach in India grew 7.29 per cent year-over-year to reach Rs 12.8 crore from Rs 11.9 crore last year, said a new study by IBM on Tuesday.

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  Indian IT firm HCL Tech to acquire select IBM software products for USD 1.8 billion

  Business | December 07, 2018 8:41 IST

  The transaction, subject to "completion of applicable regulatory reviews", is slated to close by mid-2019, HCL Technologies said in a statement.  

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  Over 90 pc startups in India fail in first five years: IBM

  May 17, 2017 18:01 IST

  More than 90 per cent startups in India fail in the first five years, a study by software major IBM revealed on Wednesday.

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  Where would Apple, IBM be if not for talent from across world: RBI chief Urjit Patel

  April 25, 2017 11:02 IST

  RBI Governor Urjit Patel on Monday wondered where would giant US corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from abroad.

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  India’s role crucial in building a future around cognitive computing: IBM CEO

  February 16, 2017 14:49 IST

  Betting big on India’s growth story, International Business Machines Corp. (IBM) chairman, president and CEO Ginni Rometty said working on cognitive computing that helps in decision making is the future for India, which is already

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  This Japanese firm has replaced its entire workforce with robots

  World | January 06, 2017 19:37 IST

  In a possible indication of times to come in wake of the massive strides technology is taking, Japanese insurance firm, Fukoku Mutual Life Insurance, is replacing its entire workforce with an Artificial Intelligence (AI) system that can calculate pay