It is reported that ARM – which was recently acquired by NVIDIA for $ 40 billion – specializes in designing electronic chips, including those used in connected devices in the “Internet of Things”.
But it is not easy to transfer data from sensors in a piece of equipment to the cloud for analysis and then return the results to the device, indicating the need for maintenance.
“We’ve taken care of the things that matter,” Dipti Vachani, senior vice president of the automotive and internet of things group at Arm, told Reuters in an interview. “That streamlined artificial intelligence experience is what’s going to allow this to scale.”
In terms of the cloud computing market, IBM announced Thursday that it will split itself into two public companies, heading for years of efforts from the world’s first large computing company to diversify away from its legacy business to now focus on high-margin cloud computing. .
IBM will list its IT Infrastructure Services Unit, which provides technical support to 4,600 customers in 115 countries and has a cumulative balance of $ 60 billion, as a separate company with a new name by the end of 2021.
The company said IBM – which currently employs more than 352 thousand workers: It expects to record nearly $ 5 billion in expenses related to the work separation and operational changes.
Investors welcomed the surprise move announced by CEO (Arvind Krishna), who is the architect of IBM’s $ 34 billion acquisition of cloud computing company (Red Hat) last year, leading to a 7 percent rise in shares of the company.
“We stripped the networks in the 1990s, we took inventory of personal computers in the first decade of the twenty-first century, and we took inventory of semiconductors about five years ago because they all didn’t necessarily help support the integrated value proposition,” Krishna said in a call with analysts.