Tech Stocks Impression! 21Vianet Group Inc (VNET), International Business Machines Corp. (IBM)

Shares of 21Vianet Group Inc (NASDAQ:VNET) ended Tuesday session in green amid volatile trading. The shares closed up +0.34 points or 4.47% at $7.95 with 2.25 million shares getting traded. Post opening the session at $7.55, the shares hit an intraday low of $7.45 and an intraday high of $8.08 and the price vacillated in this range throughout the day. The company has a market cap of $701.19 million and the numbers of outstanding shares have been calculated to be 458.92 million shares.

21Vianet Group Inc (VNET) announced that IBM Bluemix cloud services, which are operated by 21Vianet, are now generally available in China.

With a rapidly growing population of developers, industries in China continue to progress the ways in which they use and build with advanced technologies via the cloud. The potential is tremendous across China’s vast network of enterprises and startups, including its manufacturing and financial services industries.

Since 21Vianet and IBM Cloud joined forces to bring IBM Bluemix to China in 2015, this partnership has helped to place technology at the center of a new wave of entrepreneurship and innovation throughout the country. With news, the deepening partnership now brings a comprehensive set of blockchain and IoT services to China’s burgeoning developer community.

Shares of International Business Machines Corp. (NYSE:IBM) ended Tuesday session in green amid volatile trading. The shares closed up +0.31 points or 0.21% at $150.88 with 2.65 million shares getting traded. Post opening the session at $150.69, the shares hit an intraday low of $149.83 and an intraday high of $151.16 and the price vacillated in this range throughout the day. The company has a market cap of $145.12 billion and the numbers of outstanding shares have been calculated to be 955.84 million shares.

International Business Machines Corp. (IBM) unveiled a series of new cognitive solutions intended for professionals in marketing, commerce, supply chain and human resources. With these new offerings, IBM is enabling organizations across all industries and of all sizes to integrate new cognitive capabilities into their businesses.

Watson solutions learn in an expert way, which is critical for professionals that want to uncover insights hidden in their massive amounts of data to understand, reason and learn about their customers and important business processes. Helping professionals augment their existing knowledge and experience without needing to engage a data analyst empowers them to make more informed business decisions, spot opportunities and take action with confidence.

“IBM is bringing Watson cognitive capabilities to millions of professionals around the world, putting a trusted advisor and personal analyst at their fingertips,” said Harriet Green, general manager Watson IoT, Cognitive Engagement & Education. “Similar to the value that Watson has brought to the world of healthcare, cognitive capabilities will be extended to professionals in new areas, helping them harness the value of the data being generated in their industries and use it in new ways.”

 

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