IBM is creating a huge health data cloud with Apple, Johnson & Johnson and Medtronic April 14, 2015 IBM, Apple and Johnson & Johnson have formed an unlikely alliance to create a giant health data cloud in an attempt to drastically improve medical data analysis. The companies will contribute information gathered from millions of personal health monitoring technologies such as fitness trackers, implants and smartphones to the newly-formed Watson Health Unit. IBM, [...]
IBM announces plans to invest $3bn in Internet of Things unit March 31, 2015 Computing giant IBM yesterday announced it would invest $3bn (£2.02bn) over the next four years in a new Internet of Things unit. It is aiming to sell its expertise in gathering and making sense of the surge in real-time data. The New York-based technology company said its services will be based remotely in the cloud, [...]
Tech firm IBM’s silver lining February 26, 2015 COMPUTING giant IBM yesterday said it was targeting $40bn (£26bn) in annual revenue from the cloud, big data, security and other growth areas by 2018. IBM, which was a major player in the age of the mainframe, says the $40bn will come from areas which it calls its “strategic imperatives”, namely cloud, analytics, mobile, social [...]
How City firms are using innovation to combat societal challenges March 14, 2016 My mayoral theme “Innovate here, Succeed anywhere” reflects the reputation of the City and the UK for creative energy. From baristas to barristers, professional services to everyday services, innovation means success – both in and out of the office. Strong and healthy commerce depends on strong and healthy communities – and yet many areas of London [...]
Wall Street up despite travel industry falls – New York Report November 16, 2015 MAJOR gains in energy shares yesterday helped the indicies rise as investors bet Friday’s deadly attacks in Paris would have little long-term effect on the US economy and corporate earnings. In their strongest day since 22 October, the Dow Jones industrial average ended 1.38 per cent higher at 17,482.61 points and the S&P 500 gained [...]
Online security risks: Here are three you’re probably taking February 10, 2016 Despite the ongoing business focus on investing in strong cyber security, one of the greatest causes of data breaches is often ignored – employees themselves. According to a 2014 report by IBM, 95 per cent of IT security breaches are caused by human error. There is a lot to be learnt about security, and it’s [...]
Yahoo announces new ads deal with Google after revealing underwhelming results October 21, 2015 Yahoo last night posted an underwhelming 6.8 per cent increase in revenue for the three months to September and announced a new advertising agreement with Google. Google will pay Yahoo a percentage of revenue from ads displayed on Yahoo sites and get fees for requests for images or web search results. Yahoo’s net profit came [...]
London is prime destination for foreign ventures September 17, 2015 London is the greatest city in the world at attracting foreign investment, according to new research. The capital left the likes of Paris, Singapore, Chicago and Dubai far in its wake for the seventh year running in 2014, according to the ranking from tech giant IBM. Foreign investment has generated 11,300 London jobs [...]
Sophia Genetics’ co-founder Jurgi Camblong talks about how to build a global genetic medicine firm March 14, 2016 I was asked recently to present to a group of entrepreneurs about my experience. And I ended up saying to them ‘it’s just like Rocky – you take your chance, you focus and you go’. The mistake as an entrepreneur is thinking too much.” Jurgi Camblong co-founded data-driven medical startup Sophia Genetics in 2011. “I’m [...]
Zut alors: Not a single UK company makes the Top 100 Global Innovators list again – but French firms make up 10 per cent of the list November 12, 2015 The UK may be leading the way when it comes to sectors such as fintech – but it turns out the rest of the world beats us when it comes to innovation. For the fourth year in a row, not a single UK company has been included in the Top 100 Global Innovators list. The [...]