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Primeur weekly 2011-09-12

Exascale supercomputing

Stevens researchers pioneer novel technique to make plasmonic nanogap arrays ...

The Cloud

Contrail introduces new PaaS service ...

IBM to power "smarter citizens" Cloud in China with System z ...

Chinese Government and Businesses continue to embrace IBM smarter computing ...

IBM broadens efforts to prepare small and medium businesses for growth ...

Platform Computing named best of VMworld finalist in "Private Cloud Computing" category ...

UC4 announces collaboration with Red Hat to enhance automated open source solutions for virtual and Cloud infrastructure ...

Aneka Platform for Grid and Cloud Computing finalist for Telstra Innovation Challenge ...

Desktop Grids

World Community Grid targets Leishmaniasis ...

EuroFlash

AMD FirePro Professional Graphics certified for New OpenCL compliant 3D modelling application ...

CWI Database Architecture Group wins VLDB 2011 C&V best paper award ...

Mellanox provides high speed connectivity for UK-based Grid computing project ...

NVIDIA enables dramatic new video processing and I/O capability for Quadro and Tesla GPUs ...

USFlash

AMD ships first "Bulldozer" processors ...

Top scientists head for Australia to talk SKA ...

C-DAC announces first-of-its-kind industry relevant Global Certification Programme for HPC professionals ...

Magnetic fields keep Milky Way's central black hole hungry - for now ...

"Culturomics 2.0" forecasts human behaviour by supercomputing global news ...

Emerson Network Power launches first fanless embedded computer featuring second generation Intel processor ...

UC San Diego invention saving consumers trillions of watt hours and millions of dollars ...

3M and IBM to develop new types of adhesives to create 3D semiconductors ...

Strong growth continues in the worldwide disk storage systems market in the second quarter, according to IDC ...

Ongoing infrastructure investments carry storage software revenues to seventh consecutive quarter of growth in 2011, according to IDC ...

Special report highlights 'greatest hits' of scientific supercomputing ...

Oracle delivers Oracle Application Testing Suite 9.3, simplifies testing for Oracle's Siebel CRM ...

IBM broadens efforts to prepare small and medium businesses for growth

8 Sep 2011 Armonk - IBM will provide $1 billion in financing to help credit-qualified small and medium businesses (SMBs) over the next 18 months take advantage of a new suite of advanced technologies such as analytics and Cloud. This effort is designed to help SMBs spur innovation and drive economic growth by making credit more easily accessible, with approvals often in less than 60 seconds, through IBM Global Financing.

Financing is one of the biggest challenges limiting the success of SMBs today. U.S. Small Business Administration (SBA) consistently reports that well over 50 percent of small businesses fail within their first five years due to lack of capital. Since this segment is responsible for nearly 65 percent of global GDP, representing more than 90 percent of all businesses and employing more than 90 percent of the world's workforce, SMBs play a critical role in a global economic recovery.

This news addresses the urgent need for capital by providing the right foundation and resources to support SMBs in this economy. IBM's commitment of $1 billion in financing for SMBs is designed to eliminate many of the cost barriers they face to grow their business. IBM will offer simple, flexible lease and loan packages, some starting at as low as 0 percent for 12 months with no money down, allowing them to immediately acquire the IBM technology and services they need to begin to transform their businesses, while managing their cash flow more effectively.

This financing will be made available to SMB clients through IBM Business Partners who can benefit from enhanced on-line financing tools to generate price proposals and get fast approvals for credit applications for SMB clients, all available by a simple click of the mouse.

IBM is also launching a comprehensive set of solutions, which include workload optimized systems combining hardware and software and services offerings focused on technologies, such as Cloud, analytics, collaboration and security, specifically designed to address SMBs key needs. IBM aims to help this segment by making these advanced technologies, once reserved for larger enterprises with large budgets, available to SMBs through IBM Business Partners at an affordable price. These new offerings also introduce technologies from IBM's recent cloud, analytics and security acquisitions such as Cast Iron, BigFix, SPSS, Netezza and Cognos.

"Reaching people on the go is core to our business", stated SkyMall COO, Jay Scannell. "The opportunity lies behind the ability to tie on-line buying to off-line activity. This will drive expansion and innovation in the way we conduct commerce and will require the continued investment and advance technologies to keep pace. As a long-time IBM customer, we have used analytics to make key decisions about our business. Today's news demonstrates IBM's commitment to support and strengthen SMBs and we are excited to see the advancements this will drive in the retail industry."

Russell's Convenience, with 24 stores in Colorado, Hawaii and California, understood first hand that it needed to operate as one organisation to better respond to changing consumer demands. Today, the retailer is using IBM's collaboration Cloud to enable more transparent communications between stores to conduct day-to-day sales, marketing activities and meetings. The ability to collaborate both internally and externally in a security-rich environment is helping Russell's Convenience become more of a social business by leveraging the skills and knowledge of its entire employee base. As more and more SMBs, such as Russell's Convenience, turn to cloud-based services, today's news will help many more jump start their businesses to more effectively identify new customers, resulting in more sales of their products and services.

"We are currently at the forefront of an entrepreneurial renaissance that is sweeping the globe", stated Mike Grandinetti, managing director at Southboro Capital. "Affordable and powerful technology has gone mainstream. It has closed the gap between big corporations and small businesses, enabling entrepreneurs and small to mid-sized businesses to radically change the way that we think about and approach our work. While some may find it surprising that big company like IBM is involved, they have long been a powerful ally to entrepreneurs around the world, helping small business grow and deliver the next wave of technology innovation."

In addition to software, services and financing, IBM offers a variety of ways for entrepreneurs to grow their businesses with no-charge access to advanced technologies, leading business and technology experts and training. Through its Global Entrepreneur Programme and network of 40 global Innovation Centers, IBM helps businesses solve tough challenges, enter new markets and access the training and support needed to get their products to market faster.
Source: IBM

Back to Table of contents

Primeur weekly 2011-09-12

Exascale supercomputing

Stevens researchers pioneer novel technique to make plasmonic nanogap arrays ...

The Cloud

Contrail introduces new PaaS service ...

IBM to power "smarter citizens" Cloud in China with System z ...

Chinese Government and Businesses continue to embrace IBM smarter computing ...

IBM broadens efforts to prepare small and medium businesses for growth ...

Platform Computing named best of VMworld finalist in "Private Cloud Computing" category ...

UC4 announces collaboration with Red Hat to enhance automated open source solutions for virtual and Cloud infrastructure ...

Aneka Platform for Grid and Cloud Computing finalist for Telstra Innovation Challenge ...

Desktop Grids

World Community Grid targets Leishmaniasis ...

EuroFlash

AMD FirePro Professional Graphics certified for New OpenCL compliant 3D modelling application ...

CWI Database Architecture Group wins VLDB 2011 C&V best paper award ...

Mellanox provides high speed connectivity for UK-based Grid computing project ...

NVIDIA enables dramatic new video processing and I/O capability for Quadro and Tesla GPUs ...

USFlash

AMD ships first "Bulldozer" processors ...

Top scientists head for Australia to talk SKA ...

C-DAC announces first-of-its-kind industry relevant Global Certification Programme for HPC professionals ...

Magnetic fields keep Milky Way's central black hole hungry - for now ...

"Culturomics 2.0" forecasts human behaviour by supercomputing global news ...

Emerson Network Power launches first fanless embedded computer featuring second generation Intel processor ...

UC San Diego invention saving consumers trillions of watt hours and millions of dollars ...

3M and IBM to develop new types of adhesives to create 3D semiconductors ...

Strong growth continues in the worldwide disk storage systems market in the second quarter, according to IDC ...

Ongoing infrastructure investments carry storage software revenues to seventh consecutive quarter of growth in 2011, according to IDC ...

Special report highlights 'greatest hits' of scientific supercomputing ...

Oracle delivers Oracle Application Testing Suite 9.3, simplifies testing for Oracle's Siebel CRM ...