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4-Traders Homepage  >  Equities  >  Nyse  >  International Business Machines Corporation    IBM

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Tech Mahindra : transforms datacenter with IBM support

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01/16/2018 | 11:16am CET

: Tech Mahindra today announced it is working with IBM to help Tech Mahindras clients migrate their most demanding workloads to IBM POWER9. This multi-year relationship is designed to accelerate Power Systems adoption for IBM and strengthen Tech Mahindras offerings around virtualization, data center transformation and high-performance computing.

Tech Mahindra is an IBM Business Partner and assists clients with migrations to Power-based solutions. Recently, a large Australian retailer chose Tech Mahindra for Data center transformation with Power Systems. This successful transformation created a stable foundation for its business applications such as SAP applications and databases. In addition, a large Asian telecom provider utilized Tech Mahindra expertise in managing Power System environments.

Tech Mahindras rich experience with Power Systems datacenter design, build, migration and managed services, coupled with the latest Power innovations, will result in creation of Power Systems-based solutions like automated tool based migrations for new Power Systems, SAP HANA migration and AI/ Big Data solutions to help customers transform mission-critical workloads effectively.

The next-generation Power Systems Servers incorporate IBMs new POWER9 processor with the latest IO subsystem technology to accelerate the most data-intensive workloads. With PCIe 4.0, OpenCAPI 2.0, and next-generation NVIDIA NVLink, POWER9-based solutions offer nearly 10x the memory bandwidth of competitive processors1, so Tech Mahindra clients who migrate to POWER9 will be positioned to see performance gains that accelerate workloads such as deep learning and AI.

(c) 2018 2003-2017 Mehr News Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 78 633 M
EBIT 2017 14 603 M
Net income 2017 11 321 M
Debt 2017 34 536 M
Yield 2017 3,63%
P/E ratio 2017 13,66
P/E ratio 2018 13,40
EV / Sales 2017 2,36x
EV / Sales 2018 2,37x
Capitalization 151 B
Chart INTERNATIONAL BUSINESS MAC
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International Business Mac Technical Analysis Chart | IBM | US4592001014 | 4-Traders
Technical analysis trends INTERNATIONAL BUSINESS MAC
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 25
Average target price 162 $
Spread / Average Target -0,59%
EPS Revisions
Managers
NameTitle
Virginia M. Rometty Chairman, President & Chief Executive Officer
James J. Kavanaugh Senior Vice President-Transformation & Operations
Martin J. Schroeter Chief Financial Officer & Senior Vice President
John E. Kelly Senior VP-Cognitive Solutions & Research
Martin Jetter SVP-Global Technology Services
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