|By PR Newswire||
|November 15, 2012 06:01 AM EST||
ARMONK, N.Y., Nov. 15, 2012 /PRNewswire/ -- IBM (NYSE: IBM) announced today it is providing IBM Business Partners worldwide with $4 billion in financing for credit-qualified clients over a period of 12 months. This financing, through IBM Global Financing, can make obtaining credit easier and more accessible to enable IBM's global partner ecosystem and their clients to acquire advanced technologies such as cloud, analytics and PureSystems. As part of today's news, IBM is also launching a new mobile app as another step to simplify the way IBM's Business Partners can apply for and secure financing for their clients within minutes via any mobile device -- anytime, anywhere.
To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/ibm-makes-4-billion-in-financing-available-for-business-partners-announces-new-mobile-app-to-speed-access-to-credit-within-minutes-179417071.html
With 10 billion mobile devices forecasted by 2020, the proliferation of mobile technology is fundamentally changing the way people think, work, act, and interact.1 Already, 90 percent of mobile users keep their device within arm's reach at all times, and complete many kinds of transactions across these smart devices. 2 The new mobile app from IBM Global Financing is designed to address this changing business environment by making it easier for IBM Business Partners to provide their clients with price proposals and generate credit approvals within minutes using an iPad, iPhone or Android mobile device. The mobile app will be available in the United States this month and will be rolled out globally beginning in China in January 2013. The app has an easy-to-use interface and is designed for contracts worth up to $500K, all while the IBM Business Partner seller is on the go. This mobile app is based on IBM Global Financing's simple Rapid Online Financing tool, designed for non-financing experts, where available, to generate fast approvals for credit applications with a simple click of the mouse.
Today's news addresses the need for capital by providing the right foundation and resources to support businesses across the globe to transform an idea into a business reality. This commitment of $4 billion in financing for IBM's global ecosystem is designed to eliminate many of the cost barriers that businesses face today. IBM Global Financing will offer simple, flexible lease and loan packages, some starting at as low as 0 percent for 12 months with no money down, allowing these businesses to acquire the technology and services they need from IBM and those developed by IBM Business Partners, while managing their cash flow more effectively.
Advanced technologies, such as analytics and cloud, are becoming more and more pervasive. Whether it is a hospital looking to sift through massive amounts of data to identify a more effective drug treatment for an individual patient or a retailer looking to target its individual customers for future sales by analyzing buying patterns, analytics is helping uncover those deep insights. In fact, a recent global survey by the University of Oxford and IBM of 1,144 businesses shows 63 percent of respondents are gaining a competitive advantage by using analytics for their organizations. This is a 70 percent increase from the 37 percent who cited analytics as a competitive advantage in a 2010 IBM study.3 Additionally, cloud continues to gain momentum as companies are looking for more efficient and economical ways to tackle complex, data intensive business challenges. According to IDC, public IT cloud services spending will reach almost $100 billion in 2016.4
This initiative builds on the $1 billion in financing that IBM Global Financing made available through IBM Business Partners for small and midsize businesses in 2011, which resulted in 6,800 global companies using financing in just 12 months versus an expected 18 months. Smaller businesses, in particular, exhibited a stronger than expected appetite for new technology, including analytics, cloud and advanced infrastructure. Thousands of small and midsize businesses are already reaping the benefits of the $1 billion in financing made available last year to clients.
Landscape Retailer Triples Online Sales with Analytics Bishop Company, with 15 employees based in Whittier, Calif., is a distributor of tools and equipment for landscapers with many authorized retailers across the country. Confronted with stagnating online sales and a lagging economy, Bishop Company needed to create a stronger online presence to deliver a shopping experience to meet the needs of a younger generation of sophisticated consumers. With IBM Business Partner Zobrist Consulting, Bishop was able to secure IBM Global Financing within minutes. The online retailer was then able to create a site that has become the driving force in its growth. Bishop Company tapped Zobrist to implement a Smarter Commerce platform, enabling its marketing executives to promote and merchandise key products while quickly responding to changing market trends. The Bishop Company website is now a go-to destination for an extensive line of professional arborist and landscaper products. Since the launch of the site, Bishop Company online sales have increased by 200 percent; 75 percent of this increase consists of customer conversions from telephone to e-commerce ordering and 25 percent from new customers.
Luxury Home Decor Retailer Increases Business Performance with IBM Global Financing
Gracious Home with 300+ employees is a New York-based retailer for luxury home decor, home furnishings and housewares. As the retailer's business was growing, they needed to expand their IT infrastructure to support a growing in-store and online customer base. With the focus on increasing efficiency and improving business performance to stay competitive, Gracious Home needed to keep pace with changing consumer demands. IBM Business Partner, VAI, teamed with Gracious Home and leveraged IBM Global Financing options with a proposal in a matter of minutes. This financing has made it possible for the IBM Business Partner to deploy a joint IBM/VAI analytics system for Gracious Home to better understand what products their customers are purchasing, spot trends more effectively and drive increased sales and profitability.
"Finding capital for a new business or idea is almost always challenging," said Mark Hennessy, GM, IBM Global Business Partners & Midmarket." As a result, the gap between a promising vision and a business reality appears to be even more of an unbridgeable chasm. With this effort, IBM aims to provide the right foundation and resources to our global ecosystem of partners and clients to ensure that businesses, large and small, have access to the right technologies for success."
This financing will be made available through IBM Business Partners including managed service providers, resellers, ISVs, SIs and distributors, from more than 50 countries. In addition, IBM Global Financing can help credit-qualified Business Partners run and expand their business by providing working capital for IT purchases and improve their cash flow by providing financing for accounts receivables. IBM Business Partners can learn more about financing here.
For more information on IBM Global Financing, please visit www.ibm.com/financing/
For more information on IBM Business Partner Network, please visit http://www-304.ibm.com/partnerworld/wps/servlet/ContentHandler/pw_home_pub_index
To access Rapid Online Financing, please visit https://www-304.ibm.com/partnerworld/wps/servlet/ContentHandler/igf_com_fin_rof
IBM Global Financing offerings are provided through IBM Credit LLC in the United States and other IBM subsidiaries and divisions worldwide to qualified commercial and government clients. Minimum transaction size is $5,000 USD. Rates and availability are based on a client's credit rating, financing terms, offering type, equipment and product type and options, and may vary by country. Interest continues to accrue on deferred payments. Non-hardware items must be one-time, non-recurring charges and are financed by means of loans. Other restrictions may apply. Rates and offerings are subject to change, extension or withdrawal without notice and may not be available in all countries.
1. Source: http://www.economist.com/blogs/dailychart/2011/10/personal-technology
2. Source: "China Mobile 50k survey"; Morgan Stanley Research.
3. Source: "Analytics: The real-world use of Big Data, How innovative enterprises extract value from uncertain data" is based on a global survey of 1,144 business and IT professionals from 95 countries and 26 industries. This global report is by IBM and the Said Business School at the University of Oxford.
4. Source: IDC Worldwide and Regional Public IT Cloud Services 2012-2016 Forecast, doc #236552, August 2012.
IBM External Relations
IBM External Relations
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
May. 29, 2016 02:45 AM EDT Reads: 1,476
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
May. 29, 2016 02:00 AM EDT Reads: 1,306
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 29, 2016 01:30 AM EDT Reads: 2,470
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
May. 29, 2016 01:00 AM EDT Reads: 1,399
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
May. 29, 2016 12:45 AM EDT Reads: 2,050
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
May. 28, 2016 11:00 PM EDT Reads: 2,374
SYS-CON Events announced today BZ Media LLC has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and Commercial Drone markets.
May. 28, 2016 07:00 PM EDT Reads: 3,631
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 28, 2016 07:00 PM EDT Reads: 1,260
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 28, 2016 07:00 PM EDT Reads: 1,962
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
May. 28, 2016 06:45 PM EDT Reads: 2,908
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
May. 28, 2016 04:30 PM EDT Reads: 935
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
May. 28, 2016 03:45 PM EDT Reads: 2,545
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 28, 2016 02:00 PM EDT Reads: 2,932
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
May. 28, 2016 01:00 PM EDT Reads: 2,361
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
May. 28, 2016 11:00 AM EDT Reads: 4,064
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
May. 28, 2016 10:45 AM EDT Reads: 1,635
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 28, 2016 09:45 AM EDT Reads: 2,278
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
May. 28, 2016 09:15 AM EDT Reads: 1,208
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
May. 28, 2016 09:00 AM EDT Reads: 2,446
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
May. 28, 2016 08:45 AM EDT Reads: 2,002