A surprise announcement from IBM Corp. regarding quarterly results says that the company is still quite prosperous in the third quarter despite the drastic economic conditions.

These results have been released almost more than a week before the schedule Wednesday and it is likely to stable IBM’s stock price and will also help to lift other big technology stocks in Thursday trading. IBM is known as a component of the Dow Jones industrial average.

The per share profit of the company beat the forecast from Wall Streets by 4 cents and the company reaffirms its annual earnings guidance. These are being considered some good signs as the core businesses of IBM are doing well even in the worsening U.S. economy. Read the rest of this entry »

IBM recently introduced a test version of a semantic search engine exclusively for companies that are interested to extend their employees more advanced tools for searching their e-mails stored in ‘Microsoft Outlook’’ or ‘IBM’s Lotus Notes’.

This “OmniFind Personal Email Search”, has been designed by researchers at IBM facilities in California, Israel, and India. This new innovative concept of email search takes search beyond keywords by being able to make associations between the underlying concepts of words often used in ‘corporate e-mails’. IBM also intends to offer customers technology that can help them retrieve useful information hidden in e-mail databases.

The facility works with simplicity in search. For instance, if a person is looking for a colleague’s phone number, then typing “Smith phone” in the query box. The search would then Smith’s phone number. It becomes possible because the system is smart enough to make the association that the person is looking for Smith’s number, and not just any phone number in an e-mail with the word Smith in it.

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