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LOT-403 IBM Forms 8.0 - profile Design and Development

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LOT-403 exam Dumps Source : IBM Forms 8.0 - profile Design and Development

Test Code : LOT-403
Test cognomen : IBM Forms 8.0 - profile Design and Development
Vendor cognomen : IBM
: 103 actual Questions

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IBM IBM Forms 8.0 -

IBM studies 2018 Third-Quarter effects | killexams.com actual Questions and Pass4sure dumps

IBM IBM, +0.88%

foremost year-to-12 months low Margin performance in 3 Years, Reflecting bigger expense enterprise

Highlights

  • GAAP EPS from continuing operations of $2.ninety four; operating (non-GAAP) EPS of $three.42
  • salary of $18.8 billion, down 2 p.c (flat adjusting for forex)
  • Strategic imperatives earnings of $39.5 billion over final twelve months, up 13 % (up eleven percent adjusting for forex)
  • Cloud income of $19.0 billion over ultimate 365 days, up 20 p.c (up 18 % adjusting for currency)
  • As-a-carrier annual exit race expense for cloud income of $11.4 billion in the quarter, up 21 % year to 12 months (up 24 p.c adjusting for forex)
  • potent services low profit margin enlargement year to yr
  • keeps full-12 months operating (non-GAAP) EPS and free money movement expectations
  • IBM IBM, +0.88% today introduced third-quarter results.

    "IBM's growth and momentum this 12 months in the emerging, high-price segments of the IT commerce are pushed through their innovative technology, profound industry expertise and commitment to confidence and security," observed Ginni Rometty, IBM chairman, president and chief executive officer. "Our leadership within the know-how and services that deliver hybrid cloud, AI, blockchain, analytics and safety has helped drive their usual efficiency, and is assisting their consumers unleash the complete commerce cost of these innovations."

    THIRD QUARTER 2018 Pre-tax Gross Diluted web Pre-tax revenue profit EPS salary income Margin Margin GAAP from continuing Operations $2.94 $2.7B $3.0B sixteen.0% 46.9% yr/year 1% -1% -2% 0.0Pts 0.0Pts operating (Non-GAAP) $3.42 $3.1B $3.6B 19.2% 47.4% 12 months/yr 5% three% 1% 0.5Pts 0.0Pts

    "within the quarter, they once again accelerated their usual working pre-tax salary margin year to year, and produced their strongest yr-to-year low margin efficiency in three years," observed James Kavanaugh, IBM senior vp and chief financial officer. "on the equal time, with their effective cash technology, they improved their capital investment in the commerce throughout the first three quarters and persevered to arrive capital to shareholders."

    Strategic Imperatives earnings

    Strategic imperatives income over the ultimate twelve months turned into $39.5 billion, up 13 percent (up eleven % adjusting for forex). complete cloud profits over the remaining twelve months become $19.0 billion, up 20 percent (up 18 % adjusting for currency), with $8.1 billion from hardware, software and capabilities to enable IBM consumers to implement hybrid cloud solutions throughout public, private and multi-cloud environments, and $10.9 billion delivered as a carrier. The annual exit race cost for as-a-provider profits multiplied in the quarter to $11.four billion, up 21 p.c (up 24 p.c adjusting for exotic money).

    money movement and stability Sheet

    in the third quarter, the enterprise generated net money from operating activities of $four.2 billion, or $three.1 billion, except global Financing receivables. IBM’s free cash scramble become $2.2 billion. IBM returned $2.1 billion to shareholders via $1.four billion in dividends and $0.6 billion in low participate repurchases. at the conclusion of September 2018, IBM had $1.4 billion ultimate within the existing participate repurchase authorization.

    IBM ended the third quarter with $14.7 billion of money accessible. Debt totaled $forty six.9 billion, together with world Financing debt of $30.4 billion. The stability sheet remains robust and is neatly located for the future.

    phase effects for Third Quarter

  • Cognitive options (contains solutions application and transaction processing software) -- revenues of $4.1 billion, down 6 percent (down 5 p.c adjusting for currency), with boom in Watson health, security options, and key strategic areas in analytics.
  • world company capabilities (contains consulting, application management and international system services) -- revenues of $four.1 billion, up 1 % (up three p.c adjusting for currency), led by using consulting. low profit margin accelerated 270 basis facets.
  • expertise services & Cloud platforms (contains infrastructure services, technical serve capabilities and integration software) -- revenues of $8.three billion, down 2 % (flat 12 months to yr adjusting for exotic money), with growth in cloud earnings. low income margin improved 120 foundation elements.
  • methods (contains systems hardware and operating programs utility) -- revenues of $1.7 billion, up 1 p.c (up 2 p.c adjusting for exotic money), pushed by increase in dash and IBM Z.
  • world Financing (contains financing and used device revenue) -- revenues of $388 million, down 9 % (down 7 % adjusting for forex).
  • Full-yr 2018 Expectations

    The company expects operating (non-GAAP) diluted earnings per participate of as a minimum $13.80, and GAAP diluted salary per participate of as a minimum $11.60. working (non-GAAP) diluted earnings per participate exclude $2.20 per participate of prices for amortization of purchased intangible property, other acquisition-connected charges, retirement-linked prices and anybody-time affects from the enactment of U.S. Tax Reform. GAAP expectations exclude any fourth-quarter one-time impacts from the enactment of U.S. Tax Reform.

    IBM expects free cash flow of approximately $12 billion, with a attention expense more advantageous than one hundred percent.

    year-To-Date 2018 outcomes

    Consolidated diluted earnings per participate from carrying on with operations was $7.36 compared to $7.24, up 2 % 12 months to yr. Consolidated net income turned into $6.eight billion, flat yr to yr. Revenues for the nine-month era totaled $fifty seven.eight billion, an increase of 2 p.c yr to yr (flat year to 12 months adjusting for forex), in comparison with $56.6 billion for the first 9 months of 2017.

    working (non-GAAP) diluted income per participate from carrying on with operations became $eight.ninety six compared with $eight.fifty four per diluted participate for the 2017 length, an increase of 5 p.c. operating (non-GAAP) net income for the nine months ended September 30, 2018 was $8.2 billion compared with $eight.0 billion within the yr-ago duration, a rise of 3 percent.

    ahead-looking and Cautionary Statements

    except for the primitive information and discussions contained herein, statements contained in this unencumber might besides constitute forward-searching statements inside the import of the inner most Securities Litigation Reform Act of 1995. ahead-looking statements are in keeping with the enterprise’s current assumptions concerning future company and monetary performance. These statements hold a few risks, uncertainties and other components that could trigger specific results to vary materially, together with here: a downturn in financial ambiance and client spending budgets; the business’s failure to satisfy growth and productiveness ambitions; a failure of the business’s innovation initiatives; damage to the enterprise’s attractiveness; hazards from investing in increase opportunities; failure of the company’s intellectual property portfolio to steer lucid of competitive choices and the failure of the enterprise to achieve imperative licenses; cybersecurity and facts privateness considerations; fluctuations in economic effects, move of autochthonous felony, financial, political and fitness circumstances; adverse consequences from environmental matters, tax matters and the business’s pension plans; ineffective internal controls; the enterprise’s exercise of accounting estimates; the company’s skill to appeal to and hold key personnel and its reliance on crucial skills; impacts of relationships with vital suppliers; product pleasant concerns; affects of company with government customers; forex fluctuations and customer financing hazards; beget an repercussion on of alterations in market liquidity situations and consumer credit random on receivables; reliance on third birthday celebration distribution channels and ecosystems; the enterprise’s potential to efficaciously control acquisitions, alliances and dispositions; dangers from felony complaints; risk components regarding IBM securities; and different hazards, uncertainties and factors discussed in the enterprise’s Form10-Qs, Form10-okay and within the company’s other filings with the U.S. Securities and change commission (SEC) or in materials integrated therein by pass of reference. Any ahead-searching observation during this unencumber speaks simplest as of the date on which it's made. The enterprise assumes no duty to update or revise any ahead-searching statements.

    Presentation of suggestions in this Press unlock

    in an pains to provide investors with more information concerning the company’s consequences as decided through commonly approved accounting concepts (GAAP), the company has besides disclosed during this press liberate here non-GAAP assistance which administration believes offers constructive suggestions to buyers:

    IBM results --

  • proposing working (non-GAAP) salary per participate quantities and linked income commentary items;
  • adjusting at no cost cash circulate;
  • adjusting for currency (i.e., at regular exotic money).
  • Free cash flow counsel is derived the exercise of an assess of earnings, working capital and operational money outflows. The commerce views global Financing receivables as a profit-generating funding, which it seeks to maximise and therefore it is not regarded when formulating counsel without permeate cash stream. subsequently, the enterprise doesn't assess a GAAP web cash from Operations expectation metric.

    The purpose for management’s exercise of those non-GAAP measures is protected in prove ninety nine.2 in the profile eight-okay that comprises this press unencumber and is being submitted nowadays to the SEC.

    convention convoke and Webcast

    IBM’s typical quarterly revenue convention convoke is scheduled to start at 5:00p.m. EDT, nowadays. The Webcast could exist accessed by means of a link at http://www.ibm.com/investor/events/earnings/3q18.html. Presentation charts might exist attainable presently earlier than the Webcast.

    financial effects below (certain amounts may additionally not add as a result of exercise of rounded numbers; percentages presented are calculated from the underlying complete-dollar amounts).

    international company MACHINES supplier COMPARATIVE financial consequences (Unaudited; bucks in hundreds of thousands except per participate amounts) Three Months Ended 9 Months Ended September 30, September 30, 2018 2017 2018 2017 profits Cognitive solutions $ four,148 $ 4,400 $ 13,027 $ 13,021 international enterprise functions four,a hundred thirty 4,093 12,495 12,196 technology features & Cloud systems 8,292 8,457 25,533 25,079 systems 1,736 1,721 5,412 4,863 global Financing 388 427 1,188 1,246 other sixty two 56 176 192 complete profits 18,756 19,153 57,830 56,597 GROSS income eight,803 eight,981 * 26,249 25,894 * GROSS earnings MARGIN Cognitive solutions seventy six.0 % 78.7 % * 76.7 % seventy eight.three % * international commerce features 29.8 % 27.1 % * 26.three % 25.1 % * know-how capabilities & Cloud systems forty two.1 % 40.9 % * 39.9 % forty.1 % * programs 52.7 % fifty three.6 % * 49.3 % fifty one.5 % * world Financing 26.three % 25.2 % * 29.1 % 29.2 % * total low income MARGIN forty six.9 % forty six.9 % * forty five.four % 45.eight % * expense AND other revenue S,G&A four,363 4,606 * 14,665 14,666 * R,D&E 1,252 1,291 * four,021 4,212 * highbrow property and custom edifice income (275 ) (308 ) (842 ) (1,118 ) different (income) and rate 275 159 * 968 751 * pastime price 191 168 530 451 complete rate AND different earnings 5,807 5,917 * 19,341 18,962 * earnings FROM carrying on with OPERATIONS before earnings TAXES 2,996 three,065 6,908 6,931 Pre-tax margin 16.0 % 16.0 % eleven.9 % 12.2 % Provision for revenue taxes 304 339 138 a hundred and twenty effective tax rate 10.2 % 11.0 % 2.0 % 1.7 % earnings FROM carrying on with OPERATIONS $ 2,692 $ 2,726 $ 6,770 $ 6,811 DISCONTINUED OPERATIONS earnings/(Loss) from discontinued operations, internet of taxes 2 0 7 (3 ) net salary $ 2,694 $ 2,726 $ 6,777 $ 6,807 earnings PER participate OF objective stock: Assuming Dilution carrying on with Operations $ 2.ninety four $ 2.ninety two $ 7.36 $ 7.24 Discontinued Operations $ 0.00 $ 0.00 $ 0.01 $ 0.00 total $ 2.ninety four $ 2.92 $ 7.37 $ 7.24 fundamental continuing Operations $ 2.ninety five $ 2.93 $ 7.39 $ 7.28 Discontinued Operations $ 0.00 $ 0.00 $ 0.01 $ 0.00 complete $ 2.ninety five $ 2.ninety three $ 7.40 $ 7.28 WEIGHTED-normal number of generic SHARES outstanding (M's): Assuming Dilution 915.2 933.2 920.0 940.2 fundamental 911.2 929.4 915.6 935.6 * Recast to reflect adoption of the FASB suggestions on presentation of net postretirement profit charge. foreign commerce MACHINES supplier CONDENSED CONSOLIDATED poise SHEET (Unaudited) At At (bucks in hundreds of thousands) September 30, December 31, 2018 2017 assets: current property: cash and money equivalents $ 11,563 $ eleven,972 restricted cash 168 262 * Marketable securities 2,932 608 Notes and debts receivable - exchange, internet 7,071 eight,928 short-time era financing receivables, internet 19,249 21,721 different accounts receivable, net 767 981 stock 1,893 1,583 Deferred fees 2,227 1,820 ** prepaid costs and other existing assets 2,388 1,860 * ** complete latest property forty eight,257 49,735 Property, plant and equipment, net 10,949 eleven,116 long-time era financing receivables, internet 8,179 9,550 prepaid pension belongings 5,655 4,643 Deferred prices 2,581 2,136 ** Deferred taxes four,436 4,862 Goodwill and intangibles, net 39,660 forty,531 Investments and sundry assets 2,272 2,783 ** total property $ 121,990 $ one hundred twenty five,356 LIABILITIES: existing Liabilities: Taxes $ 2,502 $ 4,219 short-term debt 10,932 6,987 accounts payable 5,384 6,451 Deferred earnings 10,704 eleven,552 other liabilities 7,300 eight,153 complete latest Liabilities 36,822 37,363 long-time era debt 35,989 39,837 Retirement connected duties 15,774 16,720 Deferred revenue 3,507 three,746 different liabilities 9,979 9,965 total Liabilities 102,071 107,631 equity: IBM Stockholders' equity: common inventory 54,987 fifty four,566 Retained earnings 158,612 153,126 Treasury inventory -- at can charge (one hundred sixty five,995 ) (163,507 ) amassed different finished earnings/(loss) (27,820 ) (26,592 ) complete IBM Stockholders' equity 19,784 17,594 Noncontrolling pastimes 134 131 complete equity 19,918 17,725 total Liabilities and equity $ 121,990 $ 125,356 * Recast to replicate adoption of the FASB suggestions on constrained cash. ** Recast to comply to current era presentation. international commerce MACHINES enterprise money circulation evaluation (Unaudited) Three Months Ended nine Months Ended (dollars in millions) September 30, September 30, 2018 2017 2018 2017 web cash offered by pass of operating actions per GAAP: $ 4,232 $ 3,570 $ 11,128 $ 10,991 much less: alternate in international Financing (GF) Receivables 1,096 258 2,874 2,468 Capital bills, internet (942 ) (780 ) (2,839 ) (2,347 ) Free cash circulate 2,194 2,532 5,415 6,176 Acquisitions (1 ) (274 ) (123 ) (442 ) Divestitures - 6 - 35 Dividends (1,431 ) (1,396 ) (4,250 ) (four,119 ) Share Repurchase (627 ) (949 ) (2,393 ) (3,674 ) Non-GF Debt 2,218 (467 ) 1,607 1,896 other (comprises GF web Receivables and GF Debt) 382 (216 ) * 1,564 three,124 * alternate in money, cash Equivalents, constrained cash and short-term Marketable Securities $ 2,736 ($763 ) * $ 1,820 $ 2,995 * * Recast to mirror adoption of the FASB counsel on constrained money. foreign company MACHINES firmmoney circulation (Unaudited) Three Months Ended 9 Months Ended (bucks in millions) September 30, September 30, 2018 2017 2018 2017 internet salary from Operations $ 2,694 $ 2,726 $ 6,777 $ 6,807 Depreciation/Amortization of Intangibles 1,138 1,175 3,368 three,392 stock-based mostly Compensation 129 123 371 388 Working Capital / other (825 ) (713 ) (2,261 ) (2,064 ) international Financing A/R 1,096 258 2,874 2,468 web money offered by means of operating activities $ 4,232 $ 3,570 $ 11,128 $ 10,991 Capital costs, web of payments & proceeds (942 ) (780 ) (2,839 ) (2,347 ) Divestitures, internet of cash transferred - 6 - 35 Acquisitions, net of money received (1 ) (274 ) (123 ) (442 ) Marketable Securities / other Investments, net (2,026 ) (858 ) * (2,406 ) (517 ) * net cash used in Investing activities ($2,969 ) ($1,906 ) * ($5,368 ) ($three,271 ) * Debt, net of funds & proceeds 1,595 (446 ) 845 2,310 Dividends (1,431 ) (1,396 ) (4,250 ) (four,119 ) general stock Repurchases (627 ) (949 ) (2,393 ) (3,674 ) normal stock Transactions - other 26 35 (66 ) (15 ) web cash utilized in Financing activities ($437 ) ($2,756 ) ($5,864 ) ($5,499 ) impact of change rate alterations on money (55 ) 328 (399 ) 875 net alternate in cash, money Equivalents and restricted cash $ 771 ($764 ) * ($503 ) $ three,096 * * Recast to mirror adoption of the FASB suggestions on limited cash. foreign enterprise MACHINES organizationSEGMENT facts (Unaudited)

    THIRD - QUARTER 2018

    expertise world services & (greenbacks in tens of millions) Cognitive company Cloud international options capabilities structures programs Financing salary exterior $ four,148 $ 4,130 $ eight,292 $ 1,736 $ 388 inner 639 seventy seven 240 181 338 total section income $ 4,787 $ four,207 $ 8,533 $ 1,917 $ 726 Pre-tax revenue from continuing Operations 1,629 579 1,075 209 308 Pre-tax margin 34.0 % 13.8 % 12.6 % 10.9 % forty two.5 % trade YTY income - external (5.7 )% 0.9 % (1.9 )% 0.9 % (9.0 )% change YTY salary - exterior @constant forex (four.6 )% 2.5 % 0.2 % 1.eight % (7.1 )%

    THIRD - QUARTER 2017

    expertise world functions & (bucks in thousands and thousands) Cognitive business Cloud international options capabilities structures systems Financing income external $ four,400 $ four,093 $ eight,457 $ 1,721 $ 427 interior 629 92 164 227 272 total section revenue $ 5,030 $ 4,185 $ 8,621 $ 1,948 $ 698 Pre-tax revenue from continuing Operations * 1,643 442 1,177 337 243 Pre-tax margin * 32.7 % 10.6 % 13.7 % 17.3 % 34.eight % * Recast to reflect adoption of the FASB assistance on presentation of net postretirement improvement can charge. international enterprise MACHINES organizationSEGMENT records (Unaudited) 9 - MONTHS 2018 technology world features & (bucks in millions) Cognitive company Cloud world solutions capabilities systems systems Financing earnings exterior $ 13,027 $ 12,495 $ 25,533 $ 5,412 $ 1,188 interior 2,122 249 550 576 1,240 complete section revenue $ 15,149 $ 12,744 $ 26,083 $ 5,989 $ 2,428 Pre-tax revenue from continuing Operations 4,718 1,109 2,395 352 1,042 Pre-tax margin 31.1 % eight.7 % 9.2 % 5.9 % 42.9 % alternate YTY profits - exterior 0.0 % 2.4 % 1.8 % 11.3 % (four.7 )% alternate YTY earnings - exterior @regular forex (1.4 )% 0.5 % (0.1 )% 9.9 % (5.8 )% 9 - MONTHS 2017 technology international services & (bucks in thousands and thousands) Cognitive business Cloud world solutions capabilities systems systems Financing earnings external $ 13,021 $ 12,196 $ 25,079 $ four,863 $ 1,246 inner 2,001 271 497 571 925 total section income $ 15,022 $ 12,467 $ 25,576 $ 5,434 $ 2,171 Pre-tax earnings from continuing Operations * four,522 1,035 2,845 222 835 Pre-tax margin * 30.1 % 8.3 % 11.1 % 4.1 % 38.5 % * Recast to reflect adoption of the FASB guidance on presentation of web postretirement improvement can charge. overseas enterprise MACHINES organizationU.S. GAAP TO operating (Non-GAAP) outcomes RECONCILIATION (Unaudited; greenbacks in thousands and thousands apart from per participate amounts) THIRD - QUARTER 2018 continuing OPERATIONS Acquisition- Retirement- Tax Reform related connected One-Time working GAAP adjustments* changes** impact (Non-GAAP) Gross profit $ eight,803 $ ninety six - - $ eight,899 Gross earnings Margin forty six.9 % 0.5Pts - - forty seven.four % S,G&A 4,363 (112 ) - - four,251 R,D&E 1,252 - - - 1,252 different (profits) & rate 275 (1 ) (389 ) - (a hundred and fifteen ) complete cost & different (salary) 5,807 (113 ) (389 ) - 5,304 Pre-tax salary from continuing Operations 2,996 209 389 - 3,594 Pre-tax revenue Margin from carrying on with Operations sixteen.0 % 1.1Pts 2.1Pts - 19.2 % Provision for earnings Taxes*** 304 56 a hundred - 460 positive Tax price 10.2 % 1.0Pts 1.7Pts - 12.8 % revenue from carrying on with Operations 2,692 153 289 - 3,134 earnings Margin from continuing Operations 14.4 % 0.8Pts 1.5Pts - sixteen.7 % Diluted salary Per Share: continuing Operations $ 2.94 $ 0.17 $ 0.31 - $ 3.42 THIRD - QUARTER 2017 carrying on with OPERATIONS Acquisition- Retirement- related linked operating GAAP adjustments* alterations** (Non-GAAP) Gross profit $ eight,981 $ 114 - $ 9,095 Gross income Margin 46.9 % 0.6Pts - forty seven.5 % S,G&A 4,606 (one hundred twenty five ) - 4,482 R,D&E 1,291 - - 1,291 different (profits) & fee 159 - (273 ) (114 ) complete rate & other (earnings) 5,917 (one hundred twenty five ) (273 ) 5,519 Pre-tax salary from carrying on with Operations three,065 238 273 3,576 Pre-tax salary Margin from carrying on with Operations 16.0 % 1.2Pts 1.4Pts 18.7 % Provision for revenue Taxes*** 339 seventy nine 113 531 advantageous Tax cost 11.0 % 1.5Pts 2.3Pts 14.8 % salary from carrying on with Operations 2,726 159 a hundred and sixty three,045 earnings Margin from continuing Operations 14.2 % 0.8Pts 0.8Pts 15.9 % Diluted income Per Share: continuing Operations $ 2.92 $ 0.17 $ 0.17 $ 3.26

    * includes amortization of bought intangible assets, in system R&D, severance can permeate for got personnel, vacant house for received businesses, deal expenses and acquisition integration tax expenses.

    ** includes retirement-linked interest can charge, expected recur on plot assets, diagnosed actuarial losses or features, amortization of transition assets, different settlements, curtailments, amortization of prior provider cost and insolvency insurance. 2017 adjustments beget been recast to replicate the adoption of the FASB information on internet postretirement advantage can charge.

    *** Tax repercussion on working (non-GAAP) pre-tax profits from continuing operations is calculated beneath the selfsame accounting principles utilized to the As mentioned pre-tax earnings beneath ASC 740, which employs an annual advantageous tax expense mode to the outcomes.

    international enterprise MACHINES organizationU.S. GAAP TO operating (Non-GAAP) outcomes RECONCILIATION (Unaudited; bucks in millions except per participate amounts) 9 - MONTHS 2018 continuing OPERATIONS Acquisition- Retirement- Tax Reform linked related One-Time working GAAP alterations* alterations** influence (Non-GAAP) Gross earnings $ 26,249 $ 283 - - $ 26,531 Gross earnings Margin 45.4 % 0.5Pts - - 45.9 % S,G&A 14,665 (332 ) - - 14,333 R,D&E 4,021 - - - four,021 different (income) & rate 968 (1 ) (1,185 ) - (219 ) complete rate & other (salary) 19,341 (333 ) (1,185 ) - 17,822 Pre-tax revenue from carrying on with Operations 6,908 616 1,185 - 8,709 Pre-tax revenue Margin from carrying on with Operations eleven.9 % 1.1Pts 2.0Pts - 15.1 % Provision for income Taxes*** 138 138 285 (ninety three ) 468 valuable Tax price 2.0 % 1.4Pts 3.0Pts (1.1)Pts 5.four % income from continuing Operations 6,770 478 900 93 8,241 profits Margin from carrying on with Operations 11.7 % 0.8Pts 1.6Pts 0.2Pts 14.2 % Diluted income Per Share: continuing Operations $ 7.36 $ 0.fifty two $ 0.ninety eight $ 0.10 $ eight.96 nine - MONTHS 2017 carrying on with OPERATIONS Acquisition- Retirement- linked related operating GAAP changes* alterations** (Non-GAAP) Gross income $ 25,894 $ 349 - $ 26,243 Gross profit Margin 45.8 % 0.6Pts - 46.4 % S,G&A 14,666 (393 ) - 14,273 R,D&E four,212 - - four,212 other (income) & price 751 (7 ) (969 ) (225 ) complete expense & other (revenue) 18,962 (401 ) (969 ) 17,593 Pre-Tax profits from continuing Operations 6,931 750 969 8,650 Pre-tax salary Margin from carrying on with Operations 12.2 % 1.3Pts 1.7Pts 15.3 % Provision for profits Taxes*** one hundred twenty 212 288 621 helpful Tax cost 1.7 % 2.3Pts 3.1Pts 7.2 % profits from continuing Operations 6,811 537 681 8,030 profits Margin from continuing Operations 12.0 % 0.9Pts 1.2Pts 14.2 % Diluted revenue Per Share: continuing Operations $ 7.24 $ 0.fifty seven $ 0.seventy three $ 8.fifty four

    * contains amortization of bought intangible property, in mode R&D, severance cost for acquired employees, vacant space for got businesses, deal prices and acquisition integration tax prices.

    ** comprises retirement-related pastime cost, expected recur on plot property, recognized actuarial losses or top-notch points, amortization of transition belongings, other settlements, curtailments, amortization of prior carrier can permeate and insolvency assurance. 2017 adjustments beget been recast to reflect the adoption of the FASB assistance on net postretirement improvement charge.

    *** Tax move on operating (non-GAAP) pre-tax revenue from carrying on with operations is calculated under the selfsame accounting principles applied to the As stated pre-tax earnings beneath ASC 740, which employs an annual positive tax rate formulation to the consequences.

    overseas commerce MACHINES firmRECONCILIATION OF working revenue PER SHARE (Unaudited) 2018

    EPS information

    expectationsGAAP Diluted EPS at the least $eleven.60 operating EPS (non-GAAP) at the least $13.80 alterations Acquisition-connected fees * $0.seventy eight Non-working Retirement-connected items $1.32 yr-to-Date Tax Reform One-time cost $0.10 * contains acquisitions as of September 30, 2018

    View supply edition on businesswire.com: https://www.businesswire.com/information/home/20181016006038/en/

    supply: IBM"> <Property FormalName="PrimaryTwitterHandle" price="@ibm

    IBMIan Colley, 914-434-3043colley@us.ibm.comorJohn Bukovinsky, 732-618-3531jbuko@us.ibm.com

    Copyright enterprise Wire 2018


    wise Cloud to boost IBM's Cloud | killexams.com actual Questions and Pass4sure dumps

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    DocPath Picks Up AFP Printing Where IBM Leaves Off | killexams.com actual questions and Pass4sure dumps

    July 12, 2017 Alex Woodie

    If you’re looking to achieve fun and exciting things with your IBM i spool file output, you’ll need to glance beyond IBM. With the death of AFP Utilities in IBM i 7.3 ultimate year and the demise of InfoPrint Designer before that, it’s lucid that IBM doesn’t want anything to achieve with printing or electronic document management. One vendor that’s eagerly investing in IBM i output is DocPath.

    AFP Utilities was a collection of programs from IBM that allowed IBM i shops to manage Advanced role Presentation (AFP) content communicated to high-end production printers using the two-way quick-witted Printer Data Stream (IPDS) connections. Similarly, IBM’s InfoPrint Designer product let IBM i shops design variable AFP forms that would exist printed on high-end printers over IPDS.

    The combination of AFP and IPDS (often just called AFPDS) provided a rock-solid pass to bear high-quality content in high-volume print environments. In fact, they noiseless do. It’s just that IBM isn’t much interested in print output from the IBM i server anymore.

    The shift started 10 years ago when IBM sold its printer division to Ricoh. Since then, IBM has been steadily divesting itself of print-related software products, and it even let proceed of the AFP touchstone itself. The printing touchstone is now managed by the AFP Consortium, a coalition of 28 industry partners.

    What’s left is barebones uphold for AFP printing in the IBM i operating system itself, says Frazer Dixon, executive vice president of the Americas for DocPath, which is an associate member of the AFP Consortium.

    “IBM is providing basis uphold for printing capabilities,” Dixon tells IT Jungle. “But every bit of the fancy stuff, every bit of the really top-notch stuff that you want to do, they’re not spending time trying to build that sort of capability into the operating system.”

    IBM’s shifting printing strategy has been a bit unsettling for its IBM i customers, Dixon says. “I contemplate everybody is a slight confused, a slight worried as to what’s going on, and what’s going to exist the next thing that gets dropped,” he says. “IBM is really trying to shove people away from managing every bit of of the print.”

    While IBM noiseless supports the AFP architecture on IBM i – for now — customers who want to elevate their document output while noiseless leveraging their AFP investments will beget to glance beyond IBM. That includes distributing documents electronically via email and fax, or presenting a customer with a PDF copy of a profile within the selfsame Web browser session that they created the form. It means supporting QR codes, two-dimensional barcodes, and other new forms of communication that are well-known for commerce today.

    DocPath exhibited at the recent COMMON conference in Orlando, Florida.

    Those are every bit of supported with DocPath’s Boulder Suite, which replaces software functionality that customers lost when IBM killed InfoPrint Designer and AFP Utilities. “The conception is to provide different interfaces, different connectivity options, and to uphold the different ways that people want to interact with the information,” he says, “and exercise the IBM i as the backend for that.”

    While IBM has killed its own AFP products, that doesn’t involve that the AFP approach is inanimate or obsolete, Fraser says. However, customers should carefully esteem their options and requirements when stirring away from AFP.

    “A lot of people are stirring off from AFP to scramble to PCL or PostScript. Typically PCL and PDF are the two main languages that most of their customers” use, he says. “It’s easier from a print perspective, and they don’t need an AFP card in the printer or anything like that.”

    IBM besides supports the Host Print Transform facility in IBM i, which converts the print output from AFP into PCL. “But sometimes you don’t regain the document attribute you want when that takes place, so that’s not always the best pass to proceed about it,” Dixon adds.

    With AFP skills getting harder to find in the workforce, DocPath sees its investment in AFP technology paying off. The company, which is based Spain but has an office in Atlanta thanks to its acquisition of Resolutions, has about 300 customers around the world; about half are IBM i shops. The company works with a number of big organizations that confidence on IBM i servers and high-end AFP printers to generate high-quality content, which is then distributed to printers and other communication mediums using the DocPath software.

    DocPath and the Swiss company ISIS Papyrus are the only vendors mentioned by IBM on its Upgrade Planning website for 7.3, which is where IBM lists replacement products for products that it no longer supports. DocPath and ISIS Papyrus are listed as replacement product providers for both InfoPrint Designer and AFP Utilities.

    That’s not to issue that no other IBM i forms management software providers are positioning themselves to capture IBM i customers who are fleeing AFP. Quadrant Software, HelpSystems, InterForm, and other providers of electronic document management and forms overlay software are every bit of angling for a piece of the action from customers who are looking to regain away from the IPDS data stream and the high cost of AFP printers.

    It’s worth noting that DocPath doesn’t view itself competing directly with these companies. The main point here is that DocPath is continuing to uphold AFP and advocate for the AFP architecture as a superior alternative to the more basic forms overlay approach.

    “There are a lot of people doing forms overlay. It’s OK,” Dixon says. “But if you want to present the customer with the best document that you possibly can – so it’s facile for them to understand the information, it’s clear, it looks nice, it presents your corporate brand well – that’s their even behind producing a document. And you can’t achieve that with overlays. You can’t regain the selfsame sort of attribute that they bear using overlays.”

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    IBM Applies Self-Assembling Nanotechnology To Conventional Chip Manufacturing | killexams.com actual questions and Pass4sure dumps

    Posted: May 3, 2007 (Nanowerk News) IBM today announced the first-ever application of a breakthrough self-assembling nanotechnology to conventional chip manufacturing, borrowing a process from nature to build the next generation computer chips. The natural pattern-creating process that forms seashells, snowflakes, and enamel on teeth has been harnessed by IBM to profile trillions of holes to create insulating vacuums around the miles of nano-scale wires packed next to each other inside each computer chip. self assembling chips IBM has created experimental versions of its latest POWER6 microprocessor using self-assembly techniques to create a vacuum between the miles of on-chip wiring. The company has moved self assembly out of the labs and into a commercial manufacturing environment. It expects to launch manufacturing servers based on airgap-technology in 2009. (Image: IBM) In chips running in IBM labs using the technique, the researchers beget proven that the electrical signals on the chips can flow 35 percent faster, or the chips can consume 15 percent less energy compared to the most advanced chips using conventional techniques. The IBM patented self-assembly process moves a nanotechnology manufacturing mode that had shown plight in laboratories into a commercial manufacturing environment for the first time, providing the equivalent of two generations of Moore's Law wiring performance improvements in a lone step, using conventional manufacturing techniques. This new profile of insulation, commonly referred to as “airgaps” by scientists, is a misnomer, as the gaps are actually a vacuum, absent of air. The technique deployed by IBM causes a vacuum to profile between the copper wires on a computer chip, allowing electrical signals to flow faster, while consuming less electrical power. The self-assembly process enables the nano-scale patterning required to profile the gaps; this patterning is considerably smaller than current lithographic techniques can achieve. A vacuum is believed to exist the ultimate insulator for what is known as wiring capacitance, which occurs when two conductors, in this case adjacent wires on a chip, sap or siphon electrical energy from one another, generating undesirable heat and slowing the precipitate at which data can scramble through a chip. Until now, chip designers often were forced to fight capacitance issues by pushing ever more power through chips creating, in the process, a reach of other problems. They beget besides used insulators with better insulating capability, but these insulators beget become tenuously brittle as chip features regain smaller and smaller, and their insulating properties achieve not compare to those of a vacuum. The self-assembly process already has been integrated with IBM's state-of-the-art manufacturing line in East Fishkill, New York and is expected to exist fully incorporated in IBM’s manufacturing lines and used in chips in 2009. The chips will exist used in IBM's server product lines and thereafter for chips IBM builds for other companies. "This is the first time anyone has proven the skill to synthesize mass quantities of these self-assembled polymers and integrate them into an existing manufacturing process with Great yield results," said Dan Edelstein, IBM Fellow and chief scientist of the self-assembly airgap project. "By stirring self assembly from the lab to the fab, they are able to compose chips that are smaller, faster and consume less power than existing materials and design architectures allow." Edelstein led the IBM team that invented the technique to exercise copper wiring in computer chips instead of aluminum, now a touchstone mode for producing chips, ushering in a decade of chip innovations from the IBM labs that transformed how chips were built and used across many industries and applications. The covert of Self Assembly The covert of IBM's breakthrough lies in how the IBM scientists’ moved the self-assembly process from the laboratory to a production manufacturing environment in a pass that can potentially yield millions of chips with consistent, high performance results. Today, chips are manufactured with copper wiring surrounded by an insulator, which involves using a mask to create circuit patterns by beaming light through the mask and later chemically removing the parts that are not needed. The new technique to compose airgaps by self-assembly skips the masking and light-etching process. Instead IBM scientists discovered the right mingle of compounds, which they pour onto a silicon wafer with the wired chip patterns, then bake it. This patented process provides the right environment for the compounds to assemble in a directed manner, creating trillions of uniform, nano-scale holes across an entire 300 millimeter wafer. These holes are just 20 nanometers in diameter, up to five times smaller than would exist possible using today’s most advanced lithography technique. Once the holes are formed, the carbon silicate glass is removed, creating a vacuum between the wires -- known as the airgap -- allowing the electrical signals to either flow 35 percent faster, or to consume 15 percent less energy. Self assembly is a concept scientists beget been studying at IBM and in labs around the world as a potential technique to create materials useful for edifice computer chips. The concept occurs in nature every day, it is how enamel is formed on their teeth, the process that creates seashells and is what transforms water into complex snowflakes. The major contrast is, while the processes that occur in nature are every bit of unique, IBM has been able to direct the self-assembly process to profile trillions of holes that are every bit of similar. This new technology can exist incorporated into any touchstone CMOS manufacturing line, without disruption or new tooling. The self assembly process was jointly invented between IBM’s Almaden Research focus in San Jose, California and the T.J. Watson Research focus in Yorktown, New York. The technique was perfected for future commercial productionat the College of Nanoscale Science and Engineering of the University at Albany, within the world-class Albany NanoTech facilities, a research and development site in Albany, New York with tenacious ties to IBM, and at IBM's Semiconductor Research and development focus in East Fishkill, N.Y.

    Top 10 Best BPM Software Products | killexams.com actual questions and Pass4sure dumps

    Posted December 13, 2016 By Drew Robb     Feedback

    These are among the best commerce process management software options available.

    Just how broad is the commerce process management (BPM) software market? It depends on who you ask. International Data Corp. (IDC) has said the BPM market is experiencing a growth rate of 8.2 percent per year and is worth more than $3.2 billion annually. Customer Marketing Insights said the total was more like $3.4 billion and would exist rising to $10 billion by 2020. But another study from MarketsandMarkets places the value considerably higher at $6.96 billion by the finish of this year and rising to $13.52 billion by 2021. That’s an annual growth rate of 14.2 percent.

    A recent Forrester Research survey discovered, however, that only 26 percent percent of firms exercise BPM or workflow systems to uphold the majority of their commerce processes. And 69 percent contemplate that these systems will uphold most or every bit of of their firm’s processes within the next two years. So there is plenty of margin for growth, which might exist why so many firms are involved in this field.

    "BPM software is a crowded market with many vendors growing well and able to invest in innovation,” said Maureen Fleming, an analyst at IDC.

    But which are the best BPM software products to consider? Here are some candidates:

    Bpm’online has out-of-the-box processes for service, sales and marketing that sit on a commerce process management platform. The system allows for modeling and running complex processes, whether they are branched or parallel processes. The company stresses an open configuration, agile deployment options and facile customization.

    The core of the platform is its BPM engine, which provides tools for design, execution, monitoring and analysis. It supports runtime process evolution — modification of running processes. It besides makes exercise of the commerce Process Model and Notation (BPMN) standard, the most widely used commerce process notation in the world. As a result, process diagrams are facile to understand and simple to tailor to specific organizational needs.

    “BPM enables companies to detect inefficiencies and painlessly adjust processes, in addition to helping replicate successes throughout the company,” said Katherine Kostereva, CEO and managing ally at bpm’online. “If you evaluate why some teams are reaching their goals while others are struggling, you will exist able to identify processes that foster success. BPM software besides enables an organization to: establish what is currently happening, how predictably and why; to measure how efficiently the process is working; to gather information in order to understand where consume and inefficiency exist and their overall repercussion on various aspects of the company; and to develop new improved processes to address various issues.”

    BP Logix Process Director is a BPM platform built on .NET technology that is web-based, mobile-capable and browser-agnostic. It coves workflow automation, smart forms and the skill to reuse commerce rules without programming. It has a simple interface for the creation of complex workflows and it builds electronic forms using Microsoft Word.

    Software AG’s Digital commerce Platform (DBP) is said to enable businesses to transition smoothly to a more customer-responsive, competitive and agile enterprise. Using the DBP Agile Process Platform, companies can create commerce applications based on orchestrated, managed and monitored commerce processes or workflows. It is besides loaded with BPM best practices and content to regain users started and to serve them quickly prove results.

    “We view the BPMS market transitioning from traditional process management to an appointment style adaptive applications mindset,” said Rick McEachern, vice president product marketing, agile process platform, Software AG. “Such a shift allows them exist more responsive to customer requirements, regulatory changes and their competition.”

    He added that in addition to BPM process orchestration, users want to view how their systems are running right now — not just after the fact. For that they need real-time monitoring and analytics capabilities to serve them achieve commerce transparency by discovering processes and performing analytics based on data, processes and organizational metrics. Software AG’s DBP platform is integrated with these capabilities.

    AgilePoint NX is a Microsoft-based platform with components called Server, Designer, Portal, Forms and Reports. These operate together to profile an application development framework that enables commerce and IT to collaborate on BPM and other functions. It is available on premises and in the cloud.

    The Oracle BPM Suite 12c platform offers a lone design-time and unified engine for processes, cases, rules, human tasks, forms, analytics and integration. It is integrated with Oracle WebCenter Content and Oracle WebCenter Portal.

    The suite provides uphold for collaboratio, and is said to ameliorate process efficiency by raising utilization and throughput. Visibility into processes is improved by providing real-time analytics. In addition, it is said to simplify compliance.

    The company besides offers the Oracle Process Cloud Service, which is said to empower the commerce user to manage the lifecycle of commerce processes and gain actionable insight on process health and SLAs, every bit of in the cloud.

    The Pega 7 platform includes BPM, case management, application development, a conclusion hub, mobile functionality and cloud services. It is said to compose it facile to build commerce applications that fortunate organizational processes.

    Appian includes tools for rapid edifice of BPMN-based processes, a autochthonous process repository to capture and stores process models for reuse, commerce rules to define policies and procedures, a forms interface for creation of chore forms and dashboards, and complex event processing for tracking, analyzing and responding to commerce events.

    Tibco is well known in the realm of application integration. It brings this know-how to the BPM realm and is experiencing growth in its BPM offerings. Although it was acquired in 4Q14 by Vista Equity Partners, it continues to operate and expand.

    Its commerce process platform is composed of TIBCO ActiveMatrix BPM + TIBCO Nimbus. This provides a three-pronged storm into the BPM realm with tools for commerce process analysis and BPM analytics that sit on an overall commerce process platform.

    Summarizing IBM’s BPM portfolio isn’t easy. Its products include IBM commerce Process Manager, Blueworks Live, Operational conclusion Manager, commerce Monitor, IBM Analytical conclusion Management, IBM Bluemix, IBM InfoSphere Streams, IBM FileNet Content Manager, IBM Integration Bus and IBM MobileFirst Platform.

    “IBM is steadily expanding beyond its traditional systematic, on-premises approach to BPM in order to address cloud-based deployment and more agile, lightweight projects,” said Gartner analyst Rob Dunie.

    AuraPortal Helium is Microsoft .NET-based BPM platform that is strongest in Latin America, the Middle East and Europe. Its implementation in the Costa Rican National Insurance Institute has 2 million lively users.

    While these tools and suites are valuable in providing the technological foundation for a BPM initiative, this remains a challenging field. There is no one-size-fits-all respond to which product will exist the best fit. Those engaged in product selection, therefore, should realize that product evaluation is only participate of the picture — but one that can set the organization on the path to BPM success.

    “Managing commerce processes effectively is a difficult challenge for today's commerce leaders, because many of the systems that are used within processes are rigid and difficult to change rapidly,” said Dunie. “It is even more well-known today for systems to exist springy and responsive, allowing process participants to intelligently respond to events.”

    Drew Robb is a freelance writer specializing in technology and engineering. Currently living in Florida, he is originally from Scotland, where he received a degree in geology and geography from the University of Strathclyde. He is the author of Server Disk Management in a Windows Environment (CRC Press).



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