Press

Crestmark Closes 24 Transactions Totaling More Than $23 Million in the Second Half of August
TROY, Mich., (September 13, 2017) – Crestmark secured a total of $23,008,000 in financial solutions for 24 new clients in the second half of August. A $5,000,000 SBA 7(a) term loan facility and a $1,000,000 Crestmark term loan facility were provided on Aug. 16 to a...

IBM and IBC Report: Increased Viewing of Mobile Video Content is Driving Consumer Demand for Better Content Experiences
• More than half of consumers watch videos on mobile devices – expected to grow 45 percent in three years • 92 percent of media and entertainment executives say cognitive will play an important role in the future of their business ARMONK, N.Y., and AMSTERDAM - 14 Sep...

New IBM Linux-only Mainframe Delivers Breakthrough Security for Next-Gen Applications
LOS ANGELES (OPEN SOURCE SUMMIT NORTH AMERICA) - 12 Sep 2017: IBM (NYSE: IBM) today unveiled the IBM LinuxONE Emperor II, the next generation of its family of Linux-only enterprise systems, which delivers new capabilities aimed at helping organizations achieve very...

Dell EMC and IBM to Offer VMware Solutions on the IBM Cloud
Dell to resell VMware solutions on IBM Cloud to its large ecosystem of mid-market customers BARCELONA - 12 Sep 2017: IBM and Dell EMC today announced an agreement to help accelerate cloud adoption by providing Dell EMC's commercial customers access to VMware solutions...

Recognizing the Security Risk of Multiple Vendors
Enterprises of all sizes rely on multiple vendors to provide necessary services. Some outsource employee payroll and benefits, while others employ a third party to manage point of sale transactions, IT helpdesk, or marketing platforms. A recent study[1]showed that on...

IBM and MIT to Pursue Joint Research in Artificial Intelligence, Establish New MIT–IBM Watson AI Lab
IBM plans to make a 10-Year, $240 Million Investment in new lab with MIT to advance AI hardware and software and algorithms Cambridge, MA - 07 Sep 2017: IBM (NYSE: IBM) and MIT today announced that IBM plans to make a 10-year, $240 million investment to create the...
Syniverse Adopts VMware on IBM Cloud to Meet Customers Mobile Service Needs
Global technology provider manages up to four billion transactions per day using a hybrid cloud environment ARMONK, NY - 29 Aug 2017: IBM (NYSE: IBM) today announced that Syniverse, a global connectivity enabler, has adopted IBM Cloud to expand its flexibility and...

Zensar Technologies Mentioned in Gartner Digital Commerce Vendor Guide 2017
Zensar Digital Commerce Services built on Return on Digital® framework Westborough, MA, August 24, 2017: Zensar Technologies, a leading digital solutions and technology services company that specializes in partnering with global organizations across industries on...

Offbeat: New Technology Adoption Drives Continued Need for Outsourcing
Ankit Ghosh on August 22, 2017 IT industry analysts are busy forecasting the industry’s customer engagement. Some of these analysts are very confident that offshoring will be decreasing in a big way for US markets. Some analyst projections also indicate that...

Crestmark Bank Opens Canadian Representative Office in Ontario, Canada
Nick Dounas Hired as Crestmark Vice President, Head of Canadian Originations TROY, Mich., (August 24, 2017) – Mick Goik, president and chief operating officer, announced the opening of a Crestmark Canadian location to provide Crestmark’s growing line of alternative...