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Tech Stocks Assessment= LinkedIn Corp (LNKD), International Business Machines Corp. (IBM)

Shares of LinkedIn Corp (NYSE:LNKD) ended Wednesday session in red amid volatile trading. The shares closed down -0.06 points or -0.03% at $192.21 with 775,995.00 shares getting traded. Post opening the session at $192.20, the shares hit an intraday low of $192.02 and an intraday high of $192.45 and the price vacillated in this range throughout the day. The company has a market cap of $25.93 billion and the numbers of outstanding shares have been calculated to be 119.16 million shares.

LinkedIn Corp (LNKD) operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities. It also offers LinkedIn mobile applications across a range of platforms and languages, including iOS for iPhone and iPad, Android, Blackberry, Nokia Asha, and Windows Mobile; and a public Website that allows developers to integrate its content and services into their applications.

Shares of International Business Machines Corp. (NYSE:IBM) ended Wednesday session in green amid volatile trading. The shares closed up +0.62 points or 0.40% at $157.08 with 1.68 million shares getting traded. Post opening the session at $157.07, the shares hit an intraday low of $156.72 and an intraday high of $157.83 and the price vacillated in this range throughout the day. The company has a market cap of $149.05 billion and the numbers of outstanding shares have been calculated to be 955.84 million shares.

International Business Machines Corp. (IBM) and Aerialtronics, a Netherlands-based designer and producer of unmanned aircraft systems, announced the first commercial drones featuring cognitive computing capabilities from the IBM Watson Internet of Things (IoT) Platform on IBM Cloud.  Aerialtronics vehicles can provide high-quality inspection services for global organizations across multiple industries, from monitoring city traffic patterns to inspecting wind turbines, oil rigs and cell tower optimization.

Now, rather than climbing towers, inspecting key areas and reporting back findings, teams can deploy Aerialtronics drones from the ground and, through high definition cameras and Watson Visual Recognition APIs, immediately gain a complete 360-degree, high resolution overview while understanding what it’s seeing. Drones can capture these important images in minutes and with the push of a button, immediately send the images to the IBM Watson IoT Platform to be analyzed in near real-time.

Aerialtronics’s commercial drones are the first to leverage the IBM Watson IoT Platform and the Visual Recognition APIs to analyze images and identify specific areas of concern such as loose or frayed cabling and damaged equipment that could impact the quality of telecommunications service to consumers. Constantly learning over time, IBM Watson IoT solutions provide a confidence rating to teams so they can determine if and when repairs should be made. As a result, businesses have the potential to significantly increase the number of daily cell tower inspections, reduce possible human error and help maintain the safety of workers.

“Pairing the unlimited perspective of drones with Watson IoT can bring these powerful cognitive capabilities to any location, where it can be used to analyze unexpected traffic patterns resulting from nearby construction or how a train is performing while it’s in transit,” said Harriet Green, General Manager, IBM Watson Internet of Things, Commerce & Education. “We are very excited to work with Aerialtronics to bring these capabilities to telecommunications providers and we look forward to continuing to push the boundaries on what this pairing can accomplish.”

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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