$1.6B USD in government savings bonds were successfully sold within two weeks of launch
"IBM announced that Bank of Thailand (BOT), the central bank, has successfully launched the world's first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks.
Leveraging blockchain technology on the highly secured IBM Cloud, the platform allows investors to benefit from speedy bond issuance, reducing a process that previously took 15 days to two days. The efficiency provided by blockchain also reduces operational complexity and the overall cost of issuing bonds.
According to The Thai Bond Market Association, the outstanding Thai bond market stood at $421B USD as of December 2019. Government bonds dominate the Thai market, with outstanding value of $157B USD in 2019 1, accounting for 37% of the total outstanding Thai bond market..."
Expanding AI Advertising Suite to Strengthen Brand, Publisher and Consumer Value Exchange in a Privacy-Forward Future; Industry Leaders to Help Accelerate AI Adoption in Digital Ecosystem
"IBM today announced three new products to add to its growing suite of AI solutions for brand and publishers. The new capabilities are privacy-forward and designed to allow brands to reach consumers while considering user privacy. IBM intends to work with industry leaders, including Xandr/AT&T, Magnite, Nielsen, MediaMath, LiveRamp and Beeswax to help scale the use of AI across the industry. The announcement was made this morning at Advertising Week's digital-first virtual event #AW2020..."
IBM to help power interactive and analytical content for the Overwatch League, engaging fans and players through cloud, IBM's Watson artificial intelligence, and machine learning
IBM and the Overwatch League, the world's first global esports league with 20 city-based teams, announced its first-of-a-kind multi-year deal to bring IBM's cloud computing and artificial intelligence (AI) technology to esports. A sponsorship component kicks off at this year's 2020 Overwatch League Grand Finals, which started Oct. 8 and run through Oct. 10. With the agreement - IBM's first-ever esports deal - the technology leader becomes the official AI, cloud, and analytics sponsor of the Overwatch League. The deal covers the 2020 Grand Finals and the entirety of the 2021 and 2022 Overwatch League seasons...
IBM to focus on hybrid cloud growth, a $1 trillion market opportunity - New public company to launch as world's #1 Managed Infrastructure Services provider
IBM announced today it will accelerate its hybrid cloud growth strategy to drive digital transformations for its clients. Additionally, IBM will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company ("NewCo"). This creates two industry-leading companies, each with strategic focus and flexibility to drive client and shareholder value.
The separation is expected to be achieved as a tax-free spin-off to IBM shareholders, and completed by the end of 2021.
AI and Analytics on IBM Cloud can help expedite customer lifecycle management and improves client experience - IBM furthers ecosystem commitment
IBM and Fenergo, a leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced the general availability of IBM Customer Lifecycle Management (CLM) with Fenergo. The offering is designed to incorporate artificial intelligence (AI) from IBM Watson and analytics on the IBM Cloud to help financial institutions drive efficiencies in customer onboarding through improved personalization, risk assessment and regulatory compliance.
Onboarding a new client can often take weeks for a financial institution to complete. Research undertaken by Forrester and Fenergo showed financial institutions that have implemented only partial onboarding solutions spend between two and 12 weeks to complete the new client onboarding process. Additionally, significant financial penalties and sanctions can follow if anti-money laundering (AML) and know-your-client (KYC) regulations are not followed...
Ricoh selects IBM Services alongside feature-rich IBM Power Systems, furthering the existing relationship between the companies
Ricoh USA, Inc. and IBM announced a significant expansion of their existing collaboration to help enable delivery of Ricoh's innovative information management solutions via the versatile and powerful IBM hybrid cloud.
Under the agreement, Ricoh will utilize IBM Services to design and implement a hybrid cloud environment that can empower customers to benefit from Ricoh expertise and advanced technologies, such as the AI-accelerated IBM Power Systems. This streamlining can help customers increase productivity, enhance process transparency and simplify complexity, with a single, powerful cloud environment backed by industry-leading expertise. In addition, IBM's versatile hybrid cloud capabilities can enable Ricoh to deliver more features and advanced solutions via the cloud to end users...
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