IBM Eyes More Cloud Acquisitions to Find a Path to Growth
Future deals will focus on 'as a service' companies, IBM's CFO says
IBM will favor buyouts that strengthen its cloud services, the company's CFO said Tuesday, as it looks for ways to expand its business after 11 straight quarters of declining revenue.
"Most of our acquisitions will probably be on an 'as a service' basis, as opposed to an on-premise model," CFO Martin Schroeter said during IBM's quarterly earnings call, in response to a question.
"That's the nature of the market and where we have a lot of opportunity, because we don't play in some of those areas today," he said.
Security researchers have long known about the vulnerabilities of the RFID readers that many buildings use instead of door locks, but facilities managers have been slow to upgrade to more secure systems.
The top paying cybersecurity job is a security software engineer with an average annual salary of $233,333, according to a recent report from the job board Dice. That tops the salary for a CSO which is $225,000.
Tonight is the night, Windows fans. Starting around midnight Eastern time on Wednesday, June 29, 2015 Windows 10 will start rolling out to Windows Insider members.
Despite the apparent nearness of the Trans Pacific Partnership Agreement, the contents are still largely cloaked in secrecy, with no official drafts available.