Accenture Appoints Khaled Al-Dhaher as Country Managing Director for Saudi Arabia

Accenture (NYSE: ACN) has appointed Khaled Al-Dhaher as country managing director for Saudi Arabia, effective today. Al-Dhaher will be responsible for managing operations and driving Accenture’s digital consulting strategy in the Kingdom of Saudi Arabia.

Al-Dhaher brings with him considerable experience in delivering state-of-the-art and innovative solutions in industries ranging from financial services, retail/wholesale and manufacturing to oil & gas and distribution. Prior to joining Accenture, Al-Dhaher was the managing director for Hewlett Packard Enterprise’s business in Saudi Arabia, where he drove profitable growth and market-share expansion across HPE business groups. Earlier, Khaled held numerous leadership roles in the technology and banking solutions practices of Microsoft, Oracle and other multinational organizations.

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Pilot transactions successfully executed by IBM on Batavia Global Trade Finance Platform

Batavia, the blockchain-based global trade finance platform that has been jointly developed by a consortium consisting of Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, IBM (NYSE: IBM) and UBS has successfully completed its first live pilot transactions with corporate clients.

Initial transactions included the trading of:

  • Cars from Germany to Spain
  • Textile raw materials for furniture production from Austria to Spain

IBM’s FY’19 Q1 revenue stands at $19.1 billion, up 5 percent

  • Revenue of $19.1 billion, up 5 percent (flat adjusting for currency)
  • Gross margin reflects broad-based improvement in year-to-year performance compared to fourth quarter
  • GAAP EPS from continuing operations of $1.81; Operating (non-GAAP) EPS of $2.45, up 4 percent
  • Strategic imperatives revenue of $37.7 billion over last 12 months, up 12 percent (up 10 percent adjusting for currency); represents 47 percent of IBM revenue
  • Cloud revenue of $17.7 billion over last 12 months, up 22 percent (up 20 percent adjusting for currency)
  • As-a-service annual exit run rate for cloud revenue of $10.7 billion in the quarter, up 25 percent year to year (up 20 percent adjusting for currency)
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A new IBM survey finds 85% consumers anxious over Data Privacy and Security

A new survey shows that 78 percent of U.S. respondents say a company’s ability to keep their data private is “extremely important” and only 20 percent “completely trust” organizations they interact with to maintain the privacy of their data.

The poll underscores the public’s view of the obligation that organizations have to handle data responsibly and protect it from hackers.

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TCS rated ‘Best-in-class’ for Salesforce implementation in Europe

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), with its consulting-led suite of services has been rated as ‘Best in Class’ by PAC (Pierre Audoin Consultants in the 2018 PAC RADAR Salesforce Implementation and Integration Services in Europe. TCS offers business advisory, cloud strategy, implementation, technology advisory, platform optimization, and support services to clients across the world. Its capabilities span the entire Salesforce product suite from Sales, Service, Commerce, and Marketing Clouds, to new and emerging products like Salesforce Einstein Analytics and Salesforce IoT.

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HCL Technologies acquires C3i Solutions

To enhance its Consumer Services footprint, HCL Technologies has acquired C3i Solutions, a leader in customer engagement services for life sciences and consumer goods industries. With a strong presence in clinical, pharmacovigilance, and pharma sales support domains, C3i’s capabilities will compliment HCL’s broad-based IT and business services capabilities.

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Rabobank getting ready for GDPR with IBM

Rabobank, the Dutch multi-national bank and financial services company, is working with IBM (NYSE: IBM) to use cryptographic pseudonyms on its client’s personal data to innovate and comply with new financial regulations in the EU.

Starting on 25 May, the General Data Protection Regulation (GDPR) seeks to create a harmonized data protection law framework across the EU and it aims to give citizens and residents back control of their personal data, whilst imposing strict rules on those hosting, moving and processing this data, anywhere in the world.