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IBM is suing a former senior manager for violating a non-compete agreement as he starts a new job at Amazon Web Services (AWS) three months after leaving his role as CIO for transformation and operations at IBM.
According to a report by Westfair Online, IBM sued Jeff S. Smith last week in White Plains, NY, demanding that he repay $1.7 million in stock bonuses. Smith had worked at IBM since 2014.
IBM argues that in starting his job at AWS on Monday, he would “inevitably be involved in decision-making about how best to compete against IBM and would inevitably disclose or use IBM trade secrets.” The lawsuit also alleges that Smith had shared inside information with AWS CEO Andy Jassy while he was working for IBM, wiping his company phone and tablet to make it impossible to detect communications, the report said.
The judge, who blocked Smith from starting his job at AWS on Aug. 1 until a full hearing could be scheduled, amended the order to allow him to begin work Monday in “listen and learn mode” for training purposes.
According to IBM, Smith signed a non-compete agreement where he agreed not to work for a competitor for one year. He notified IBM in June of his plans to start work at AWS in August.
IBM has asked the court to ban Smith from work for AWS until May 2, 2018. There is a hearing scheduled for Aug. 21.
In June, AWS won a temporary restraining order to prevent a former executive from joining Smartsheet, a collaboration

 

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Now that top cloud providers have released their quarterly numbers, Synergy Research Group has had a chance to augment the numbers they released a couple of weeks back, but there are no surprises. The future remains rosy for the industry — at least for the top players.
Amazon Web Services, Microsoft Azure, and Google’s Cloud Platform continue to grow market share, with IBM holding its own. Quarterly cloud infrastructure service revenues (including IaaS, PaaS, and hosted private cloud services) are at nearly $11 billion and continue a growth rate of over 40 percent per year. This means worldwide revenues from cloud and SaaS remain on track to surpass $200 billion by 2020, according to Synergy.

John Dinsdale, chief analyst and research director at Synergy, said in a statement:
“The increasing dominance of hyper-scale players continues to play out, with all four leading companies having cause to celebrate. While Microsoft Azure and Google Cloud Platform are doubling in size, IBM continues to dominate in hosted private cloud, and AWS is still over three times the size of its nearest competitor. Some of the numbers are actually pretty spectacular.”
According to Q2 figures, Microsoft Azure, with 11 percent of the total public cloud market, showed the largest growth in market share, with a 3 percent gain over the last four quarters. AWS, which commands 34 percent of the total market, and GCP, with a 5 percent share, both saw

 

IBM launched what it calls “the next generation of the world’s most powerful transaction system,” IBM Z, on Monday. The technology is able to run more than 12 billion encrypted transactions per day, and introduces an encryption engine which it says makes it possible for the first time to pervasively encrypt data from any application, cloud service, or database.
Only four percent of the nine billion records have been stolen since 2013 were encrypted, according to IBM, and cybercrime will have an $8 trillion impact on the global economy by 2022, necessitating new data encryption capabilities. The company compares the impact of IBM Z on mainframe technology to its embrace of Linux and open source software over a decade ago.
“The vast majority of stolen or leaked data today is in the open and easy to use because encryption has been very difficult and expensive to do at scale,” said Ross Mauri, General Manager, IBM Z. “We created a data protection engine for the cloud era to have a significant and immediate impact on global data security.”
IBM Z can be extended across any data networks, external devices, or applications without changing the application or business SLAs, according to the announcement. It also addresses the performance degradation issues that IBM chiefly blames for only 2 percent of corporate data being encrypted, while more than 80 of data on mobile devices is. IBM says Z encrypts data 18 times faster than x86 platforms for

 

Managed virtual private cloud services are gaining popularity as part of data center outsourcing contracts enterprises make with the likes of IBM, HP, or Dell.

The post Managed Private Cloud on the Rise as Data Center Outsourcing Service appeared first on Web Hosting Talk.

 

IBM’s Private-Cloud-as-a-Service offering, Blue Box Cloud, is now available in any IBM cloud data center running SoftLayer infrastructure, providing the benefits of an OpenStack-powered private cloud that’s delivered on IBM SoftLayer dedicated servers.

The post IBM Provides Blue Box Private-Cloud-as-a-Service at Its SoftLayer Data Centers appeared first on Web Hosting Talk.

 

IBM has announced a new innovation and collaboration space in Nairobi, Kenya, aimed at provide early-stage entrepreneurs and start-ups with access to IBM expertise, education and technology tools with a focus on cloud, Big Data analytics, mobile and security.

The post IBM Announces New Digital Innovation Space in Kenya appeared first on Web Hosting Talk.

 

Quarterly reports from tech giants IBM and Amazon both show strong gains in cloud revenue, but they may also indicate that cloud profits are shifting away from infrastructure. IBM reported cloud revenue increasing by 75 percent adjusted for currency and divested business, to reach $7.7 billion in Q1 2015. AWS revenue grew by 49 percent from Q1 2014 to an annualized $6 billion.

The post AWS Worth $5 Billion But May No Longer Be Biggest Cloud Earner appeared first on Web Hosting Talk.

 

An over 700 terabyte database full of raw cyber threat data will be available to any company that wants it through a new IBM program called X-Force Exchange. The company announced Thursday that it is granting access to its database that includes threat data from 270 million devices, spam and…

The post IBM Launches Program to Share 700 Terabytes of Global Cyber Threat Data in the Cloud appeared first on Web Hosting Talk.

 

Hackers have stolen millions of dollars from targeted companies with a malware campaign that IBM calls The Dyre Wolf. On Thursday, IBM security intelligence researchers released a report featuring a twist on Dyre malware that allows criminals to “go for the bigger payout.” IBM says organizations have lost amounts ranging…

The post Dyre Wolf Malware Allows Hackers to Steal Millions from Enterprise Organizations appeared first on Web Hosting Talk.

 

Hackers have stolen millions of dollars from targeted companies with a malware campaign that IBM calls The Dyre Wolf. On Thursday, IBM security intelligence researchers released a report featuring a twist on Dyre malware that allows criminals to “go for the bigger payout.” IBM says organizations have lost amounts ranging…

The post Dyre Wolf Malware Allows Hackers to Steal Millions from Enterprise Organizations appeared first on Web Hosting Talk.

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