|Bid||148.42 x 1400|
|Ask||149.93 x 1100|
|Day's Range||148.23 - 149.96|
|52 Week Range||137.45 - 171.13|
|PE Ratio (TTM)||24.01|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||6.28 (4.23%)|
|1y Target Est||164.50|
IBM has launched a software service that scans AI systems as they work in order to detect bias and provide explanations for the automated decisions being made -- a degree of transparency that may be necessary for compliance purposes not just a company's own due diligence. It says the service can be customized to specific organizational needs via programming to take account of the "unique decision factors of any business workflow". The fully automated SaaS explains decision-making and detects bias in AI models at runtime -- so as decisions are being made -- which means it's capturing "potentially unfair outcomes as they occur", as IBM puts it.
Accenture (ACN) has raised its free cash flow projection for fiscal 2018 from $5.2 billion–$5.5 billion to $5.5 billion–$5.8 billion. From the graph above, you can see Accenture’s free cash flow trend in the last five years. During that period, it saw an increasing trend and maintained an annual run rate of $3.7 billion in free cash flow.
Can IBM Watson Health Become the Force to Reckon With? IBM’s (IBM) Watson AI is looking to expand its business platform by combining its service with various partners to deliver the best performance to its customers. On September 12, IBM and IRIS.TV teamed up to introduce Video Recommendations, which allows a customization of AI-based video content to end users.
On September 17, software and cloud services giant Oracle (ORCL) reported mixed results for its fiscal 2019 first quarter, which ended on August 31. Oracle managed to beat Wall Street expectations on earnings but missed revenue estimates in the quarter, which led to a decline in its stock price.
IBM)" alt="Users of IBM’s new Trust and Transparency capabilities for AI on IBM Cloud can obtain an explanation of why a recommendation was made. The software service, which automatically detects bias and explains how AI makes decisions – as the decisions are being made – runs on the IBM Cloud, and helps organizations manage AI systems from a wide variety of industry players. IBM Services will also work with businesses to help them harness the new software service.
IBM’s (IBM) enterprise cloud remains an integral aspect that drives its Watson AI business. The higher adoption of IBM cloud in many enterprises has helped the technology giant make its product easily available to clients. Many hospitals and laboratories can quickly gain access to the vast amount of clinical data, which could help them better diagnose their patients.
The Zacks Analyst Blog Highlights: Walmart, IBM, Texas Instruments, Wells Fargo and Lockheed Martin
As corporations struggle to fight off hackers and contain data breaches, some are looking to artificial intelligence for a solution. New operating systems and software updates introduce unpredictable risks, and hackers adopt new tactics.
For fiscal 2018, the tech giant has predicted its revenue to expand 9.5%–10% compared to last year in local currency. Earlier, Accenture provided a lower revenue outlook of 7%–9%. From the graph above, you can see Accenture’s total revenue growth in the last five quarters.
A mid-November deadline is set for the hardware portion of a massive Navy contract to maintain and modernize the service's IT networks.
Can IBM Watson Health Become the Force to Reckon With? IBM’s (IBM) global consulting firm Bluewolf has formed a strategic alliance with Caesars Entertainment (CZR), a leading diversified gaming and entertainment firm, to enhance its customer experience. CZR has simultaneously chosen Salesforce, the leading CRM (customer relationship management operator), to help improve its guest experience.
Accenture (ACN) has extended its alliance with SAP to build a SAP S/4HANA Cloud solution, which could be extremely useful to oil and gas companies. Oil and gas companies can gain access to the new SAP S/4HANA Cloud solution through public and private cloud platforms. The new solution could help oil and gas companies reduce operational expenses through proper implementation of cloud technology.