Private cloud use cases: 6 ways private cloud brings value to enterprise business
IBM Blockchain Blog | Blockchain Unleashed
by Stephanie Susnjara
19h ago
As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs.  According to a report from Future Market Insights (link resides outside ibm.com), the global private cloud services market is forecast to grow to USD 405.30 billion by 2033, up from USD 92.64 billion in 2023.  What is a private cloud? A private cloud is a single-tenant clo ..read more
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Hyperscale vs. colocation: Go big or go rent?
IBM Blockchain Blog | Blockchain Unleashed
by Phill Powell
1d ago
Here’s the situation: You’re the CIO or similarly empowered representative of an organization. Different voices within your business are calling attention to the awesome scalability and power of hyperscale computing, which you’ve also noticed with increasing interest. Now the word comes down from on high that you’ve been tasked with designing and implementing your company’s hyperscale computing solution—whatever that should be. Your organization already has an ambitious agenda in mind for whatever IT infrastructure you wind up choosing. The company is working with extremely high volumes of dat ..read more
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Accelerating scope 3 emissions accounting: LLMs to the rescue
IBM Blockchain Blog | Blockchain Unleashed
by IBM Envizi
1d ago
The rising interest in the calculation and disclosure of Scope 3 GHG emissions has thrown the spotlight on emissions calculation methods. One of the more common Scope 3 calculation methodologies that organizations use is the spend-based method, which can be time-consuming and resource intensive to implement. This article explores an innovative way to streamline the estimation of Scope 3 GHG emissions leveraging AI and Large Language Models (LLMs) to help categorize financial transaction data to align with spend-based emissions factors. Why are Scope 3 emissions difficult to calculate? Scope 3 ..read more
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EclipseStore enables high performance and saves 96% data storage costs with WebSphere Liberty InstantOn
IBM Blockchain Blog | Blockchain Unleashed
by Markus Kett
2d ago
As AI technology advances, the need for high-performance, cost-effective and easily deployable solutions reached unprecedented levels. EclipseStore, a groundbreaking data storage platform from MicroStream, is revolutionizing the development of cutting-edge software applications. IBM® collaborated with MicroStream to integrate the IBM WebSphere® Liberty InstantOn feature within EclipseStore. This combination empowers developers to build highly scalable Java applications that deliver unparalleled performance, while substantially minimizing infrastructure expenses. Exciting new innovations such a ..read more
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The “hidden figures” of AI: Women shaping a new era of ethical innovation
IBM Blockchain Blog | Blockchain Unleashed
by Christina Montgomery
2d ago
The end of March marks the conclusion of Women’s History Month. And despite the increased focus on women’s issues and contributions to society throughout the month, the conversation would be incomplete without recognizing how indispensable the success of women—past and present—has been in the tech industry. In particular, women are leading the way every day toward a new era of unprecedented global innovation in the field of generative AI. However, a New York Times piece that came out a few months ago failed on its list of people with the biggest contribution in the current AI landscape. T ..read more
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Banks, your shareholders do care about payment costs 
IBM Blockchain Blog | Blockchain Unleashed
by John David (J.D.) Penner
2d ago
Here’s an argument for modernizing payments: Profits from traditional payment types are caught in a death spiral. As usage of traditional methods of payments decline, the high fixed cost to maintain them begins to seriously hurt margins as the revenue from smaller volumes declines. Increasing the price for the remaining transactions only hastens the decline. If you or your retirement savings are a shareholder of a bank, you care.  The decline of cash  Exhibit A: Australian banks are trying to figure out how to handle cash as its usage declines.    There are considerabl ..read more
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Turning climate risks into business opportunities 
IBM Blockchain Blog | Blockchain Unleashed
by Dan Mishra
2d ago
Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices.  What is climate risk?  To put it simply, climate risk is the potential for the effects of climate ch ..read more
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The path to embedded sustainability
IBM Blockchain Blog | Blockchain Unleashed
by Jessica Scott
3d ago
Businesses seeking to accelerate sustainability initiatives must take an integrated approach that brings together all business and technology functions. Sustainability is no longer the responsibility of only the chief sustainability officer (CSO). It is not managed by a single department in a silo. Driving true sustainable impact, at scale, takes place when an enterprise is fully aligned to that transformation. To scale progress in combating climate change, this alignment and collaboration must happen across value chain partners, ecosystems, and industries. Sustainability and ESG: An opportuni ..read more
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Celebrating the women of IBM AI Ethics
IBM Blockchain Blog | Blockchain Unleashed
by IBM AI Ethics Board
4d ago
For more than 100 years, IBM’s founding principles have inspired efforts to promote equality, fairness and inclusion in the workplace and society. The company has lived the value of “respect for the individual” by championing employment practices that reward ability over identity and that make work more attainable for all. In 1935, approximately twenty years after IBM was founded, it began hiring women into professional roles. Three decades before the US Equal Pay Act of 1963, IBM’s CEO, Thomas J. Watson Sr., stated, “Men and women will do the same kind of work for equal pay. They will have th ..read more
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Mitigating the impact of climate change in insurance and other financial services  
IBM Blockchain Blog | Blockchain Unleashed
by Dan Mishra
4d ago
As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 billion.   These climate events have a huge potential impact on financial institutions. In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition to a tragic loss of life. According to Berenberg analysts, individual insurance companies fac ..read more
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