Posts Tagged: "cloud computing"

IBM achieves record number of U.S. patents in 2016, 24th straight year of patent dominance

In 1992, Bill Clinton was elected President of the United States. Hurricane Andrew bore down on the American Southeast, causing billions in damage after wreaking destruction from Florida to Louisiana. Johnny Carson retired from The Tonight Show. The Buffalo Bills were in the Super Bowl. Los Angeles saw a string of deadly riots related to the LAPD’s televised beating of Rodney King. And 1992 was the last year during which a company other than American information technology firm IBM (NYSE:IBM) could claim that it had earned the greatest number of U.S. patents… With over 8,000 patents IBM stands supreme in the US patent world, earning the most US patents in 2016 and claiming the top spot for the 24th year in a row.

What’s the big deal: Big data in the financial services sector

Customers, myself included, are used to the customer-centric technologies experienced in other ‘digitized’ sectors like publishing or music – these have had to adapt to the digital revolution early. Customers now want that experience replicated in the FS sector. Banks, for example, are beginning to take notice, investing significant amounts of money in IT upgrades: Australia’s Commonwealth Bank invested over AUD $1.1 billion in an end-to-end IT transformation project to replace its aging core banking system and Barclays has been promoting customer-centric technologies like the mobile payments app PingIt for many years.

Data: It Is Lurking Everywhere, Especially in the Shadows

ShadowIT involves workers’ use of unsanctioned products and applications to perform the work of the business enterprise. In other words, ShadowIT occurs when employees use their personal emails and applications, such as a cloud-based storage system, instead of company-approved solutions. According to a recent survey, about one-third of IT use is considered ShadowIT. Whether responding to a subpoena in a wage and hour dispute, attempting to safeguard previous corporate secrets, or analyzing the extent of a data breach, a company’s failure to understand the scope and location of ShadowIT data could be problematic. Companies should have policies in place regarding employees’ (and other workers’) use of unapproved applications, but there should also be an understanding that a policy is not a panacea.

IBM hits torrid patent pace in Q1 2016, invents cloud management and automotive tech

2016 has gotten off to a strong start for the company as the patent portfolio analysis tools at Innography are showing us that IBM has already earned 1,927 U.S. patents through the first three months of this year. Not surprisingly, much of IBM’s patent activities have been focused on computing devices, data sets, computing environment, storage devices and data structures. Natural language technologies are another area where IBM has pursued recent innovative advances. Likewise, we note a trio of patents recently issued to IBM in automotive and related sectors, starting with the crash damage mitigation technology, technologies for communicating information between vehicles, and enhanced methods of traffic routing involving stoplight timing.

IBM receives most U.S. patents for 23rd consecutive year

IBM once again has topped the list of annual U.S. patent recipients, receiving 7,355 patents in 2015. This is the 23rd consecutive year IBM has received more U.S. patents than any other entity in the world. More than 8,500 IBMers residing in 50 states and territories and 46 countries are responsible for IBM’s 2015 patent tally. IBM inventors who reside outside the U.S. contributed to more than 36 percent of the company’s 2015 patents.