Supplier Report: 1/19/2018

Amazon released a finalist list of 20 cities that will compete to host Amazon’s HQ2.  Philadelphia, Newark, and Boston are all in the running.  As Amazon looks to grow in a new city, they have grown all over the internet, commanding 62% of the entire cloud market.

Google is trying to compete and differentiate from AWS by adding more capacity overseas via 3 massive underwater cables. They are also trying get AI to the masses with tools that require little to no experience programming AI.  That solution is… a work in progress.  

Google is also making friends with a potential fix for Meltdown and Spectre that won’t impact CPU performance.

Meanwhile, IBM is celebrating breaking the 22-quarter revenue losing streak! Revenue is up, but their stock was down 4%.

Acquisitions

  • What the JAGGAER/BravoSolution deal means for procurement

    The focus of the acquisition, instead, seems to be to tap into the widely different client bases for both providers, and the potential to expand into a larger range of vertical markets. BravoSolution has a large body of public sector customers, and identified construction, utilities and oil as target areas, while JAGGAER has a strong presence among pharmaceutical and discrete manufacturing companies.

    The drive to provide both direct, and indirect, procurement for a wider range of verticals seems to be the principal vision underpinning the move.

    https://www.procurementleaders.com/blog/guest/what-the-jaggaerbravosolution-deal-means-for-procurement–681579

Artificial Intelligence

  • Google’s new cloud service lets you train your own AI tools, no coding knowledge required

    You might have heard of Google’s AutoML initiative before now. It was announced at the company’s I/O conference last year, and is focused on creating machine learning software that can design machine learning software, a hot area of research in the AI community. (The basic premise is simple: you make different algorithms compete with one another, pick the winners, and then make them compete. Rinse and repeat.) Cloud AutoML isn’t working with tools as sophisticated as this, but it does aim to solve the same underlying problem of making AI less painful to code.

    Cloud AutoML does this by offering users a simple graphical interface for training their own machine learning model. So far, the service is limited to image recognition, letting users drag and drop a set of pictures, and then watching as the software starts picking out recurrent elements or items. Urban Outfitters, for example, is testing how Cloud AutoML might be used to identify items of clothing in their catalog, so users can filter by certain characteristics.

    https://www.theverge.com/2018/1/17/16901126/google-cloud-ai-services-automl

Cloud

  • Another Amazon Win: Two-Thirds of the Cloud

    Research at KeyBanc reported that Amazon Web Services had 62% of the cloud market last year, followed by Microsoft Corp. (NASDAQ: MSFT) at 20%. Its cloud business is called Azure. KeyBanc said that AWS lost a small amount of share last year, but its lead is still insurmountable for the foreseeable future.

    The news could hardly be better for Amazon founder Jeff Bezos and his company’s shareholders. Amazon’s North American and International e-commerce divisions barely make money in many quarters. AWS has impressive margins. For Amazon as a whole to post strong earnings, AWS has to continue to grow and keep big margins.

    http://247wallst.com/technology-3/2018/01/13/another-amazon-win-two-thirds-of-the-cloud/

  • Google is building three new underwater cables to compete with Microsoft and Amazon in the cloud

    In an effort to expand its cloud business and compete more effectively with rival Microsoft and Amazon, Google will build three new underwater fiber optic cables from the Pacific Ocean to the North Sea over the course of the next two years, according to The Wall Street Journal. These cables will extend Google’s private network into regions where its competitors have yet to stake their own claim, and should be finished before the end of 2019.

    Each of the sub-sea cables have been given their own name: Curie is a private cable connecting Chile to Los Angeles; Havfrue is a consortium cable connecting the United States to Denmark and Ireland; and the Hong Kong-Guam cable system (HK-G) is another consortium cable that will link major underwater communication hubs in Asia.

    http://bgr.com/2018/01/16/google-underwater-cables-cloud-business-expansion/

  • Comcast Cable Partners with Amazon Web Services for Cloud Computing

    Comcast Cable has announced today that they will be partnering with Amazon Web Services for cloud computing infrastructure.

    This partnership will help Comcast Cable utilize the server technology with AWS.

    Comcast Cable and NBCUniversal are currently connected with AWS to provide them with new and engaging revenue-generating products within the competitive entertainment industry.

    https://crescentvale.com/2018/01/comcast-cable-partners-amazon-web-services-cloud-computing/

  • No One is Sure Why Amazon Needs a HIPAA Compliance Officer

    The HIPAA Compliance Officer will be asked to create “a HIPAA security and compliance program to ensure that technology and business processes meet our HIPAA Business Associate Agreement (BAA) requirements.” The listing doesn’t specify what projects it is planning, or what data it will be handling, that will fall under HIPAA or HITECH regulation.

    Amazon could be exploring legitimate medical applications for its Alexa-powered talking cylinders, like the Echo, and their underlying technology, according to speculation. “Experience with FDA and the 510K process” is listed as a preferred qualification—510(k) applies to premarket certification of medical devices.

    Alexa does have some health-related “skills,” like a basic medical app that delivers Mayo Clinic guidance on basic conditions like fevers or burns. Those are a far cry, however, from the sort of application that would handle protected health information and require HIPAA oversight.

    http://www.hcanews.com/news/no-one-is-sure-why-amazon-needs-a-hipaa-compliance-officer
    Foolish headline. This position could be for Alexa, or it could be as simple as ensuring their web services are better positioned for insurance and medical entities.

Datacenter

  • Apple will boost its spending on data centers by $10 billion over the next 5 years

    Apple is increasing the amount it plans to spend on data centers by $10 billion over the next five years, the company said in its announcement on Wednesday about contributing $350 billion to the U.S. economy.

    The buildout will help Apple support its growing web services, like the App Store and Apple Music. Services is Apple’s fastest growing business, outpacing revenue growth in key products like iPhones and iPads. Apple has said it aims to double its services revenue from $24 billion in its 2016 fiscal year to $48 billion by 2020.

    Perhaps more important, the new spending could make room for Apple to spend less money on other companies’ cloud services. Apple has relied on Amazon Web Services and Microsoft Azure to meet its computing needs, despite that it competes with those companies in certain areas.

    https://www.cnbc.com/2018/01/17/apple-to-boost-data-center-capex-by-10-billion.html

Software/SaaS

  • City of Barcelona will replace Microsoft’s Windows with Linux

    The users of the City of Barcelona will have to use alternatives to Microsoft products like Open-Xchange instead of Microsoft Exchange Server, LibreOffice or OpenOffice instead of Microsoft Office, etc. which is a bummer. Microsoft Edge and Internet Explorer would also be replaced by other alternative browsers like Mozilla Firefox, etc.

    As reported by the newspaper, the City Council wants to avoid paying or spending money on services with licensing cost. That’s where open source software come where anyone can modify the source provided and there is no need to pay anything for the license. The City Council is also committed to investing 70% of the budget in software for open source software.

    https://www.windowslatest.com/2018/01/13/city-barcelona-will-replace-microsofts-windows-linux/

  • Snap Inc. lays off at least two dozen amid slowed user growth and engagement

    Snap Inc. has laid off at least two dozen people across several divisions within the company, according to the Information, which first reported the news.

    Snap has since confirmed these layoffs, which largely affect those on the content teams in the New York and London offices. Over half of the two dozen employees laid off today were part of the content team.

    Snap tells TechCrunch that what’s left of the content division will now move to the company’s Venice, California location and that it will continue to hire on the content team. According to Snap, this is just part of finding the right people for the job.

    These layoffs may also not have been unexpected as they are part of a reorganization effort to cut costs due to the lackluster growth at the six-year old company.

    https://techcrunch.com/2018/01/18/snap-inc-lays-off-at-least-two-dozen-amid-slowed-user-growth-and-engagement/?ncid=rss

Security

  • Google claims to have a Spectre fix that doesn’t slow down PCs

    According to Google, its patch, code-named Retpoline and which is software-implemented, has no or little impact on performance. “Retpoline sequences are a software construct which allow indirect branches to be isolated from speculative execution. This may be applied to protect sensitive binaries (such as operating system or hypervisor implementations) from branch target injection attacks against their indirect branches,” explained Retpoline creator Paul Turner.

    “This confirmed our internal assessment that in real-world use, the performance-optimized updates Google deployed do not have a material effect on workloads,” Google VP Ben Treynor Sloss wrote. “We believe that Retpoline-based protection is the best-performing solution for Variant 2 on current hardware. Retpoline fully protects against Variant 2 without impacting customer performance on all our platforms. In sharing our research publicly, we hope that this can be universally deployed to improve the cloud experience industry-wide.”

    http://bgr.com/2018/01/12/google-spectre-patch-retpoline-explainer-analysis/

Other

  • Amazon Narrows Choices for ‘HQ2’ to 20

    Atlanta
    Austin, Texas
    Boston
    Chicago
    Columbus, Ohio
    Dallas
    Denver
    Indianapolis
    Los Angeles
    Miami
    Montgomery County, Md.
    Nashville
    Newark, N.J.
    New York City
    Northern Virginia
    Philadelphia
    Pittsburgh
    Raleigh, N.C.
    Toronto
    Washington D.C.

    https://www.wsj.com/articles/amazon-narrows-choices-for-second-headquarters-to-20-1516284607?mg=prod/accounts-wsj

  • IBM’s year-over-year revenue didn’t decline in the last quarter

    Virtually all IBM business units reported increased revenues, including 32 percent growth in the “Systems” unit, which includes hardware and operating systems software — and which interestingly was an area where IBM definitely struggled in the past, though its z Systems and storage line is showing some clear growth now.

    IBM’s hybrid cloud services, as well as security and mobile service, which fall under the “Technology Services & Cloud Platforms” segment, saw 15 percent growth in the last quarter, even as the overall segment saw a 1 percent drop in revenue, to $9.2 billion.

    The company also notes that it took a $5.5 billion charge because of the enactment of the U.S.’s Tax Cuts and Jobs Act. IBM’s GAAP tax rate, including this one-time charge, was 124 percent for Q4 and 49 percent for the full year. That’s not unexpected, but it may hurt the company as it’s looking to grow its revenue over the next few quarters.

    https://techcrunch.com/2018/01/18/ibms-year-over-year-revenue-didnt-decline-in-the-last-quarter/?ncid=rss

Photo: Ken Goulding

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SourceCast: Episode 103: YouTube Edition

Spectre and Meltdown dominated the news for another week. I spend this episode understanding the new information and the cost of fixing this problem.

Photo: Toa Heftiba

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News You Can Use: 1/17/2018

  • Accenture calls for action on the digital procurement revolution

    In a recent report, the global management consultancy made no bones about the disappointment it feels at what it perceives as an almost industry-wide failure to embrace the technologies available for digitising procurement. It states that “procurement organisation has been largely left behind in the digital revolution. That needs to change.”

    The report looks at how bots can be used to automate and streamline manual or routine procurement tasks, how making use of available expertise such as speaking to buying agents and advisors will help people make the best purchasing decisions and deliver optimal value to the business.

    Accenture specializes in helping procurement companies to digitize their business operations, and the report shows confidence that the familiar frustrations surrounding procurement today will give way to a simple and intuitive buying experience for users to enthusiastically embrace.

    http://www.supplychaindigital.com/procurement/accenture-calls-action-digital-procurement-revolution

  • iPhones and Children Are a Toxic Pair, Say Two Big Apple Investors

    “Apple can play a defining role in signaling to the industry that paying special attention to the health and development of the next generation is both good business and the right thing to do,” the shareholders wrote in the letter, a copy of which was reviewed by The Wall Street Journal. “There is a developing consensus around the world including Silicon Valley that the potential long-term consequences of new technologies need to be factored in at the outset, and no company can outsource that responsibility.”

    Obsessive teenage phone usage has sparked a debate among academics, parents and even the people who helped create the iPhone. Some have raised concerns about increased rates in teen depression and suicide and worry that phones are replacing old-fashioned human interaction. It is part of a broader re-evaluation of the effects on society of technology and social media.

    https://www.wsj.com/articles/iphones-and-children-are-a-toxic-pair-say-two-big-apple-investors-1515358834

  • Can We Digitize the Voting System? Blockchain, Corruption, and Hacking
  • How Actual Smart People Talk About Themselves

    They all know it. A lifetime of quietly comparing their ease in handling intellectual challenges—at the chess board, in the classroom, in the debating or writing arena—with the efforts of other people gave them the message.

    Virtually none of them (need to) say it. There are a few prominent exceptions, of talented people who annoyingly go out of their way to announce that fact. Muhammed Ali is the charming extreme exception illustrating the rule: he said he was The Greatest, and was. Most greats don’t need to say so. It would be like Roger Federer introducing himself with, “You know, I’m quite graceful and gifted.” Or Meryl Streep asking, “Have you seen my awards?”

    https://www.theatlantic.com/science/archive/2018/01/how-actual-smart-people-talk-about-themselves/549878/?utm_source=feed

  • H-1B visa extensions for workers waiting on green cards are safe for now

    The Trump administration appears to be creating distance between itself and rumors that it might end the practice of extending H-1B visas during the green card application process. The rumored change would have a large impact on foreign tech workers in the U.S., but the United States Citizenship and Immigration Services (USCIS) is offering assurances that no such policy change is underway.

    https://techcrunch.com/2018/01/09/h-1b-visa-extension-green-card-policy-change-uscis/?ncid=rss

Photo: Tim Gouw

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SourceCast: Episode 103: The Spectre’s Embrace

Week 2 of the Spectre and Meltdown CPU issue brought more information and more confusion.  As companies attempt to fix the issue, even more problems arise.  I spend the episode understanding what those issues are and discuss consumer’s options.

Photo: Stefano Pollio

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Supplier Report: 1/12/2018

The tech industry is still dealing with the fallout of the Spectre and Meltdown bugs as companies scramble to patch the vulnerability.

A consequence of such hasty actions is that the patches are 1.) introducing new bugs, 2.) breaking some AMD-powered computers, and 3.) most computers that are patched will see permanent performance impact.

There is a rumor that IBM is looking to reduce global services headcount by another 10,000 employees as news of a new CFO is announced.

To complete this wonderful news cycle, it seems that Boston might be the front-runner to host Amazon’s HQ2.

Acquisitions

  • Verizon acquires autonomous threat detection startup Niddel

    Niddel’s primary product, Niddel Magnet is a subscription service that uses machine learning to locate infected or compromised machines inside an organization. It works completely autonomously and doesn’t require customers to generate their own code, rules, searches or even any kind of content.

    “Using machine learning to improve information accuracy significantly reduces false positives and significantly improves our detection and response capabilities,” Alexander Schlager, Verizon’s executive director for security services explained in a statement. Those capabilities were one of the primary reasons the company made the acquisition.

    https://techcrunch.com/2018/01/05/verizon-acquires-autonomous-threat-detection-startup-niddel/?ncid=rss

  • Google acquired Redux, a U.K. startup focused on audio and haptics

    Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg.

    Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback.

    The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within U.K. regulatory filings. Google has made no mention of the acquisition as of yet.

    https://techcrunch.com/2018/01/11/google-acquired-redux-a-u-k-startup-focused-on-audio-and-haptics/?ncid=rss

  • Accenture: Large-scale agency M&A is ‘not our game’ as we have ‘amazing momentum’

    However, Pierre Nanterme, the chairman and chief executive of Accenture, gave a strong signal on his most recent quarterly earnings call that he is not interested in large-scale M&A.

    “This is not our game at Accenture,” he said in response to a question from a Wall Street analyst about whether Accenture Interactive might make “larger deals, rather than tuck-ins”.

    Nanterme explained: “Our game is to drive organic growth on top of acquisitions of very specific companies with very specific and differentiated capabilities.

    “And then what Accenture is offering to these companies we’re acquiring is our unique access to the best brands in the world and our unique geographic footprint.”

    https://www.campaignlive.co.uk/article/accenture-large-scale-agency-m-a-not-game-amazing-momentum/1453907
    Accenture to acquire Germany based visualization firm Mackevision

    Accenture has entered into an agreement to acquire Germany-based Mackevision, a leading global producer of 3D-enabled and immersive product content. The acquisition will add visualization capabilities to Accenture Interactive’s digital services portfolio – strengthening its ability to create compelling, next-generation customer experiences and industrial, extended reality applications. The acquisition is subject to customary closing conditions. Financial terms of the transaction are not being disclosed.

    https://techobserver.in/article/enterprise-it/accenture-acquire-germany-based-visualization-firm-mackevision

Artificial Intelligence

  • Japanese scientists just used AI to read minds and it’s amazing

    But the scientists from Kyoto developed new techniques of “decoding” thoughts using deep neural networks (artificial intelligence). The new technique allows the scientists to decode more sophisticated “hierarchical” images, which have multiple layers of color and structure, like a picture of a bird or a man wearing a cowboy hat, for example.

    “We have been studying methods to reconstruct or recreate an image a person is seeing just by looking at the person’s brain activity,” Kamitani, one of the scientists, tells CNBC Make It. “Our previous method was to assume that an image consists of pixels or simple shapes. But it’s known that our brain processes visual information hierarchically extracting different levels of features or components of different complexities.”

    https://www.cnbc.com/amp/2018/01/08/japanese-scientists-use-artificial-intelligence-to-decode-thoughts.html

Cloud

  • Why Oracle can’t buy its way to success in the cloud wars

    For such modern cloud applications, Oracle proves a poor fit. Not only does the company offer a comparatively malnourished catalog of cloud services compared to leading vendors like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, even its former strengths become weaknesses in the brave new cloud world. For example, one of its best selling points—vertical scale—proves its Achilles Heel in modern application infrastructure, where horizontal scale at levels simply impossible in an Oracle environment becomes the norm.

    Oracle’s immediate answer seems to be to stick to its old game plan, leveraging its legacy database to broker a role in modern workloads. It’s not working. As Rishidot Research’s founder and chief research advisor Krishnan Subramanian has called out, “[Oracle] needs to shore up higher order services…to compete effectively with AWS and Azure. They cannot just rely on their database service as the path to cloud success and they need to compete with AWS on the breadth and depth of higher order services.”

    https://www.techrepublic.com/article/why-oracle-cant-buy-its-way-to-success-in-the-cloud-wars/

Datacenter

  • Intel reveals possible slowdowns from ‘Meltdown’ processor fix

    Your personal computers will be less than 10 percent slower after you install the Spectre/Meltdown fix, Intel has revealed in a blog post. Intel has come to that conclusion after assessing the performance changes in computers using 6th, 7th and 8th Generation Intel core processors with Windows 10. Systems equipped with 8th generation (Kaby Lake, Coffee Lake) chips and SSDs will be the least affected, with the expected impact being less than 6 percent. Devices using the 7th Gen Kaby Lake-H mobile processors will be around 7 percent slower, while the performance impact on systems with the 6th Gen Skylake-S platform is approximately 8 percent.

    Depending on how you use your computer, you may not even notice a difference. Based on Intel’s benchmark results, though, you will notice some slowdown if you browse the web and use applications, and it’s safe to say that most people do. Obviously, if you use your computer for heavy applications, the slowdown will be more noticeable.

    https://www.engadget.com/2018/01/11/intel-reveals-meltdown-processor-benchmark-slowdown/

Software/SaaS

  • Why Microsoft’s Cosmos DB may displace AWS’s cloud databases

    While Oracle, MySQL, and Microsoft SQL Server stand supreme at the top of the database heap, their cloud competitors have been gaining steam—and fast. It’s probably not yet accurate to say that databases like DynamoDB and Azure Cosmos DB are gaining ground on the old guard, given that Oracle remains more than 100 times as popular as Cosmos, for example. But for new applications largely born in the cloud, these cloud-first databases dominate.

    This matters because, as Gartner analyst Thomas Bittman has written, there’s a pronounced (and accelerating) shift from private datacenters to public cloud environments: “New stuff tends to go to the public cloud, while doing old stuff in new ways tends to go to private clouds. And new stuff is simply growing faster.” Not just a little bit faster, either: We’re talking about a 20X growth rate for the public cloud versus a 3X growth rate for private datacenters, by his analysis. Of course, legacy workloads dwarf these new cloud-friendly applications, but that won’t be true for long.

    https://www.itworld.com/article/3245808/database/why-microsofts-cosmos-db-may-displace-aws-cloud-databases.html

  • Barry Padgett Appointed as New SAP Ariba President

    SAP announced two leadership changes Thursday, with Alex Atzberger moving to president of SAP Hybris and Barry Padgett taking over the helm at SAP Ariba, according to a press release. SAP Hybris solutions “comprise the omnichannel customer engagement and commerce business at SAP” and include offerings for commerce, marketing, sales, service and revenue. Padgett, who joined SAP through the acquisition of Concur, will focus on the oversight of SAP’s business network strategy as Ariba’s new president.

    “Positioning these proven leaders, both with deep customer empathy and a business vision rooted in a beautiful customer experience, will have a tremendous, positive impact for customers worldwide,” said Robert Enslin, member of the Executive Board of SAP SE and president of Cloud Business Group, SAP. “The business acumen and expertise both Alex and Barry bring to their respective roles, coupled with the engineering innovation agendas already underway, will greatly advance SAP’s leadership pursuits in the areas of procurement, customer engagement and commerce.”

    http://spendmatters.com/2018/01/09/afternoon-coffee-barry-padgett-appointed-new-sap-ariba-president-whole-foods-places-new-limitations-suppliers/

  • Signal Partners With Microsoft to Encrypt Skype Messages

    The newest Skype preview now supports the Signal protocol: the end-to-end encrypted protocol already used by WhatsApp, Facebook Messenger, Google Allo, and, of course, Signal. Skype Private Conversations will support text, audio calls, and file transfers, with end-to-end encryption that Microsoft, Signal, and, it’s believed, law enforcement agencies cannot eavesdrop on.

    https://arstechnica.com/gadgets/2018/01/skype-finally-getting-end-to-end-encryption/

Security

  • Intel Fumbles Its Patch for Chip Flaw

    Intel is quietly advising some customers to hold off installing patches that address new security flaws affecting virtually all of its processors. It turns out the patches had bugs of their own.

    The glitch underscores the complexity of Intel’s challenge as it scrambles to fix the unprecedented vulnerabilities, which were disclosed more than a week ago.

    In a confidential document shared with some customers Wednesday and reviewed by The Wall Street Journal, Intel said it identified three issues in updates released over the past week for “microcode,” or firmware—software that is installed directly on the processor. The updates are separate from patches produced by operating system companies such as Microsoft Corp.

    https://www.wsj.com/articles/intel-warns-its-patches-for-chip-flaws-are-buggy-1515715212

  • AMD Hits a Snag Over Patch for Chip Flaw

    Microsoft Corp. on Tuesday said some customers found their AMD-powered computers were unusable after applying the latest security patches for the Windows operating system.

    On an online support page, Microsoft said it would “temporarily pause” sending updates to some devices running AMD processors. After investigating, the software giant said it found “some AMD chipsets do not conform to the documentation previously provided to Microsoft.”

    https://www.wsj.com/articles/amd-hits-a-snag-over-patch-for-chip-flaw-1515528197

  • Oracle app server hack let one attacker mine $226,000 worth of cryptocoins

    These attackers aren’t stealing data from victims, however—at least as far as anyone can tell. Instead, the exploit is being used to mine cryptocurrencies. In one case, according to analysis posted today by SANS Dean of Research Johannes B. Ullrich, the attacker netted at least 611 Monero coins (XMR)—$226,000 dollars’ worth of the cryptocurrency.

    The attacks appear to have leveraged a proof-of-concept exploit of the Oracle vulnerability published in December by Chinese security researcher Lian Zhang. Almost immediately after the proof of concept was published, there were reports of it being used to install cryptominers from several different locations—attacks launched from servers (some of them likely compromised servers themselves) hosted by Digital Ocean, GoDaddy, and Athenix.

    https://arstechnica.com/information-technology/2018/01/hackers-turn-weblogic-peoplesoft-servers-into-cryptocoin-miners/

Other

  • China Swats Jack Ma’s Ant Over Customer Privacy

    Chinese internet regulators scolded the country’s leading mobile-payments company for compromising its customers’ privacy, putting pressure on firms to better protect personal data in a society subject to heavy state surveillance.

    The Cyberspace Administration of China said Wednesday that it had summoned representatives of Alibaba Group Holding Ltd. affiliate Ant Financial Services Group to dress them down for automatically enrolling users in its credit-scoring system.

    https://www.wsj.com/articles/china-swats-jack-mas-ant-over-customer-privacy-1515581339

  • IBM names James Kavanaugh as CFO

    IBM chief financial officer Martin Schroeter will move to a new role and will be replaced by company veteran James Kavanaugh, effective immediately.

    Schroeter, who has been with the company for more than 25 years and has been finance chief for the last four years, will become senior vice-president for global markets.

    His replacement, Kavanaugh, joined IBM in 1996 from AT&T and is currently a senior vice-president heading IBM’s transformation efforts.

    While the announcement was unexpected, the logic behind the move is not and Kavanaugh would be a logical replacement for Schroeter, said Stifel analyst David Grossman.

    https://www.itweb.co.za/content/j5alrMQgae9vpYQk

  • IBM reportedly will reassign 30,000+ staffers in services division and possibly cut 10,000 jobs

    According to a report in The Register Thursday, IBM is planning to reassign more than 30,000 staff from its Global Technology Services division, which primarily offers hardware and infrastructure consulting services, to other roles within the company.

    That amounts to about 30 percent of GTS’ overall staff, who are set to be “productively redeployed,” according to a leaked document (pictured). About 10,000 of the affected staff are said to be based in the U.S., The Register added.

    The staff reassignments, expected to take place later this year, could ultimately see about 10,000 jobs lost through “attrition,” with no plans to replace departing employees. However, the overall head count could be even higher, as a document leaked to The Register shows that 5,000 staff have yet to be assigned new positions, which means they could ultimately be laid off. And of those that have been reassigned, some may only be moved to “short term” positions, said one unnamed employee.

    https://siliconangle.com/blog/2018/01/11/ibm-reassign-30000-staff-gts-division-10000-jobs-lost/

  • Amazon could be leaning toward Boston for new HQ2

    Boston has already been floated as a prime candidate for the new HQ2 because it is one of the U.S. cities where Amazon has research and development operations. Amazon, according to The Business Journals, has almost 1,000 workers in Boston who focus on Amazon Web Services, Audible, Alexa and speech-recognition software. Later this year, the opening of its Fort Point office will add 900 employees to the company’s Boston ranks.

    https://www.constructiondive.com/news/amazon-could-be-leaning-toward-boston-for-new-hq2/514674/

Photo: Robert Szadkowski

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