Money and Finance
- Ibm And Others Facing The Cloudy Business Of Accounting For The Cloud
Found via @HowardSchilit. FORTUNE -- Last week's disclosure that the Securities and Exchange Commission is conducting an investigation into how IBM reports its cloud computing revenue poses more questions than answers. The New York-based tech giant...
- Active In Cloud, Amazon Reshapes Computing
Within a few years, Amazon.com’s creative destruction of both traditional book publishing and retailing may be footnotes to the company’s larger and more secretive goal: giving anyone on the planet access to an almost unimaginable amount of computing...
- International Business Machines (ibm) Dividend Stock Analysis
I'm finally getting back to posting some stock analyses. For some reason I just didn't have the motivation, I'm not sure if it was a bit of a burn out but I think it was mainly just due to laziness. I don't mind compiling the data...
- Ibm Will Survive And Thrive
IBM is the third stock I added to the Wide Moat Dividend portfolio. Its a company with substantial positives - a 2.4% yield with plenty of room to grow. IBM has a payout ratio of 25% and a five year dividend growth rate of 14.3%. The Return on Equity...
- Recent Purchase - Cisco
I've been looking around for another stock this past week as I knew I'd have the money to make another purchase. I wanted to buy a stock which pays in April so that limited my choices a bit. The first thing I look at are the names that I already...
Money and Finance
Silver linings: Banks big and small are embracing cloud computing
“I’VE only got one IT guy,” says Segun Akintemi, the chief executive of Renaissance Credit, a Nigerian moneylender that opened for business in October 2012 and signed up about 3,000 customers in its first six months. “Whenever I walk past his desk he is surfing the web.” That the firm has just one bored computer specialist is not a sign of backwardness. On the contrary, Renaissance Credit is ahead of its time when it comes to technology. Its information processing takes place in the “cloud”, the term for software and services delivered over the internet.
The emergence of cloud-based banking promises to affect banks big and small. Banks are expected to spend almost $180 billion on IT this year, according to Celent, a consultancy. For the moment cloud-based services make up a tiny fraction of this amount, but by some estimates spending by financial-services firms on the cloud will total $26 billion in 2015. This increase should lower barriers to entry for newcomers, which can rent modern IT infrastructure at monthly fees of less than $10,000 rather than having to invest tens of millions of dollars upfront to build their own secure data centres. And it should also enable big banks to become much more cost-efficient.
- Ibm And Others Facing The Cloudy Business Of Accounting For The Cloud
Found via @HowardSchilit. FORTUNE -- Last week's disclosure that the Securities and Exchange Commission is conducting an investigation into how IBM reports its cloud computing revenue poses more questions than answers. The New York-based tech giant...
- Active In Cloud, Amazon Reshapes Computing
Within a few years, Amazon.com’s creative destruction of both traditional book publishing and retailing may be footnotes to the company’s larger and more secretive goal: giving anyone on the planet access to an almost unimaginable amount of computing...
- International Business Machines (ibm) Dividend Stock Analysis
I'm finally getting back to posting some stock analyses. For some reason I just didn't have the motivation, I'm not sure if it was a bit of a burn out but I think it was mainly just due to laziness. I don't mind compiling the data...
- Ibm Will Survive And Thrive
IBM is the third stock I added to the Wide Moat Dividend portfolio. Its a company with substantial positives - a 2.4% yield with plenty of room to grow. IBM has a payout ratio of 25% and a five year dividend growth rate of 14.3%. The Return on Equity...
- Recent Purchase - Cisco
I've been looking around for another stock this past week as I knew I'd have the money to make another purchase. I wanted to buy a stock which pays in April so that limited my choices a bit. The first thing I look at are the names that I already...