IBM Hides Watson Under a Red Hat

A charitable assessment might have called it an experiment, really; an experiment to find out if the headwinds on the hardware and infrastructure services side of the house could be mitigated to some meaningful extent by perceived tailwinds on the software side of the house. A less charitable assessment might have called it a gamble... But now, with the (Sunday evening) October 28, 2018 announcement that it will be acquiring open source software leader, Red Hat for an astounding multiple of nearly 12x FY2018 revenue, or $34 billion, IBM signals that the promise of the high-profile experiment / gamble within their software group - relabeled, Cognitive Solutions in 2015, and where "Watson" became the poster child for the recent hyperbolic expectations of artificial intelligence (AI) - was not likely to arrive soon enough to stem the internal bleeding caused by competitive threats within the cloud infrastructure services market. With Red Hat, IBM now turns to defend its 3rd fiddle position in the cloud market (just ahead of Google) - which [...]

By | 2018-11-12T22:33:04+00:00 November 12th, 2018|Alphacution Feed|

The Source of #AI Hype

Apple doesn't mention it... Amazon doesn't mention it... Alphabet (aka - Google) does mention it - but doesn't link it specifically to financial performance... IBM? You betcha. More than 155 times... In case you have been living under a rock - which, now that I think of it, has some increasing allure - artificial intelligence (and its slightly less sexy twin, machine learning) has succeeded 2016's marketing darling, blockchain, to become the blinking-neon-sign-outside-your-hotel-room term for 2017. Sorry, folks. The budgets have already been allocated. Go find predictive analytics (2014) and digital transformation (2015) in the dust bin of over-exposed marketing terms if you are not yet hip to how this game is played. Now, let's take a quick step back for a second: This is NOT an anti-AI hit piece. Nor is this an IBM-gotcha piece. I am a fan of both. But, this is simply a commentary based on the convergence of connect-the-dots exercises that have come out of our modeling and research. Yes, AI has an incredibly promising - if not, slightly scary [...]

By | 2018-02-28T16:32:40+00:00 April 27th, 2017|Alphacution Feed|

Financial Technology Impacts: YOU are in Darkness – And, THIS is a Flashlight.

Disclaimer: Opinions and a grain or two of salty language contained herein are solely those of the author. Save your time. Just, pick up the flashlight now. Ok. Here's some bait: Chances are quite high that you are searching for answers in the darkness (amidst the chaos). And the tools that you have at your disposal - typically in the form of 5,000 or 10,000 word salads with few pictures and fewer numbers from a "pedigreed" purveyor of guidance - actually do not emit much light. The good news is that you need not toil in darkness any longer. There is a flashlight at your disposal - and, unlike a normal flashlight, this one is designed to grow in luminosity and enhance your enlightenment at the same time. Now, you can continue to deny that this is your reality - and continue as you are - or, you can check out the flashlight. Still skeptical? Here's more of the pitch: I have been successfully solving complex puzzles for a very long time. The puzzle that fascinates me and tickles my curiosity most right [...]

By | 2018-02-28T16:33:35+00:00 March 15th, 2017|Alphacution Feed|