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IBM: Co-Op assurance talking direct to coding subcontractor helped collapse of £55m IT revamp undertaking | killexams.com true Questions and Pass4sure dumps

IBM has blamed ex-client Co-Op insurance for the crash of a £55m mission centring on Agile application development, however admitted the methods it built "would not have" boosted the insurer's preempt or final analysis anyway.

here is the newest trade in a £130m lawsuit that become first filed by means of Co-Op insurance towards great Blue at London's excessive court docket in December 2017 – after huge Blue walked faraway from a huge-scale better of Co-Op's core insurance systems in a shrink signed in January 2015.

both sides spent this year making prison filings accusing each different of screwing up their trade relationship and causing the cave in of the mission.

At its coronary heart, the Co-Op's swimsuit claims that application written via IBM subcontractor the Innovation community had so many "deficiencies" that it turned into not vigorous for goal – and had neglected its time limits. The insurer eventually withheld a planned price, as turned into said by pass of the assurance post.

IBM has denied the upgraded utility became unusable and alleges, in brief, that the venture's disintegration was the Co-Op's fault. As a allotment of the £55m contract, IBM would acquire licensed "definite application products" to the insurer for £7.966m.

No, or not it's YOUR failing and it Do not necessity helped you anyway

near the stop of the contract, claimed IBM's lawyers in their most fresh filing of 31 October, the Co-Op bought so fed up it began talking directly to the subcontractor as an alternative of huge Blue, contributing additional to the breakdown of the commercial relationship.

"As from round 7 July 2016, the Claimant [the Co-Op] disrupted the Defendant [IBM]'s planning activities – and unencumber 2 growth as a whole – by using looking for to skip the Defendant and fascinating without detain with Innovation neighborhood and embarking on re-planning actions that now not only adversely affected the challenge however additionally pissed off in preference to assisted the Claimant's purported purpose of vacating its legacy data centre," claimed huge Blue's attorneys in the recent filing, viewed via The Register.

large Blue's felony eagles additionally "denied that Innovation neighborhood changed into responsible for 'the complications and delays to the undertaking' as alleged," placing every of the failing onto the Co-Op. Bizarrely, IBM claimed that had the upgrade gone to plot, "it won't acquire resulted in any enhance in the [Co-Op]'s profitability or revenues".

Let that sink in for a moment.

This was in line with the Co-Op's prior submitting – in which the insurer seemed to be making an attempt to consist of "fees incurred in reliance upon a counter-celebration's efficiency of a shrink and wasted because of the counter-party's repudiatory breach" in its title for damages "in an effort to attach it in the position it could were in had the shrink been carried out".

previous this year the Co-Op neighborhood reported a 25 per cent descend in coverage income to £331m.

Agile, comatose, same change

As a allotment of the Agile methodology getting used for the contract, the Co-Op became alleged to write consumer stories that IBM and the Innovation community acquire been to collectively become a usable piece of utility. The Co-Op alleged that what became meant was a solitary drop (or liberate) of the product, able for user acceptance trying out, but this had in its dwelling degenerated to a deliberate "79 drops" before the whole shrink ultimately collapsed.

IBM's legal professionals replied to this by announcing: "The explanation why birth changed into crash up into drops changed into to accommodate the Claimant's failure to bring trade suggestions and user stories" – adding that via April 2016, the Co-Op's own person acceptance checking out (UAT) file "confirmed a ramble expense for seventy two per cent for the assessments that had been run".

in response to IBM, this was proof that there was not "an extreme variety of defects" – but huge Blue denied that it "had 'allowed' simplest six weeks for UAT," insisting "that changed into the era agreed upon by using the events" and denying that the later cancellation of UAT through the Co-Op turned into on account of "the variety of verify failures and/or blockages".

When is a expense not a charge? When it's an 'software gate', allegedly

IBM claimed that Co-Op workers asked for references within the shrink to be modified from "utility payment" to "application gates" which it alleged became an effort to cover what changed into being bought and paid for.

In huge Blue's edition of movements, Co-Op people Graham Bolton, Justin Gilroy and Kevin Webb "explained at a meeting held at [IBM]’s Southbank offices on 8 June 2015" that the Co-Op wanted "to evade the sight that it changed into paying for application belongings".

funds for the utility, it become said, "have been to be made on a calendar foundation and regardless of the popularity of the challenge on the time that each and every tranche of fee grew to be due".

In its obsolete legal submitting the Co-Op had spoke of the renaming became "to stress that the payments, albeit in value of utility licences, were to be made when the utility being developed by [IBM] reached a specific stage, and had been to be made as the assignment reached inescapable gating features".

no matter if the funds had been being made on a scheduled groundwork even with Agile progress, as claimed via IBM, or had been really being made as the coverage app reached defined degrees ("gates") of usability seems relish whatever thing that might be determined by means of a judge.

The case continues. ®


IBM Sells Notes, Domino and Portfolio of trade Apps To HCL for $1.8B | killexams.com true Questions and Pass4sure dumps

home   →   news   →   IBM Sells Notes, Domino and Portfolio of trade Apps To HCL for $1.8B Posted December 19, 2018 by Sean Michael Kerner     comments

IBM obtained Lotus application again in 1995 for $3.5 billion, now it's divesting the technology, along with six other one time cornerstone trade purposes.

There turned into a time when Lotus Notes and Domino were the cornerstones of IBM's software portfolio, enabling enterprise collaboration and productiveness. these days at the minute are during the past as IBM is divesting those belongings along with a few other functions, to HCL applied sciences.

HCL applied sciences can pay IBM $1.8 billion and the deal is anticipated to shut in mid-2019. apart from Notes and Domino, HCL is buying a few different commercial enterprise applications including: Appscan for secure software development, BigFix for secure apparatus administration, Unica (on-premises) for advertising and marketing automation, Commerce (on-premises) for omni-channel eCommerce, Portal (on-premises) for digital undergo and Connections for workstream collaboration.

"We believe the time is birthright to divest these select collaboration, advertising and commerce software belongings, which are more and more delivered as stand-on my own items," John Kelly, IBM senior vice president, Cognitive solutions and analysis, wrote in a media advisory. " at the equal time, they accept as trusty with these items are a stalwart strategic vigorous for HCL, and that HCL is neatly positioned to pressure innovation and growth for his or her shoppers."

IBM has increasingly been stirring into cloud and synthetic intelligence over the final 4 years and has developed up other belongings that it is going to focus on.

applications

most of the purposes being offered to HCL acquire been in the beginning acquired by means of IBM from other providers.

IBM bought Lotus application maker of Notes and Domino in 1995 for $three.5 billion, the Lotus company wasn't dropped by using IBM unless 2012.

AppScan which is now being sold to HCL, turned into once the cornerstone of the IBM Rational software portfolio.IBM bought the AppScan product portfolio as a allotment of the acquisition of protection supplier Watchfire in June 2007.

BigFix was got via IBM to whirl into allotment of its Tivoli operations division in July 2010, whereas Unica changed into obtained IBM in August 2010 for $480 million.

HCL technologies

HCL applied sciences is primarily based in Noida, India and positions itself as a digital transformation business. HCL and IBM had already been partnering on many of the got software assets.

"We continue to sight wonderful opportunities out there to boost their Mode-three (items and platforms) choices," C Vijayakumar, President & CEO, HCL applied sciences, wrote in a media advisory. "The items that we're acquiring are in massive growing market areas relish protection, marketing and Commerce which might be strategic segments for HCL. many of these items are smartly considered by purchasers and positioned within the revise quadrant by using industry analysts."

Sean Michael Kerner is a senior editor at EnterpriseAppsToday and InternetNews.com. commemorate him on Twitter @TechJournalist.


box and IBM associate on AI | killexams.com true Questions and Pass4sure dumps

container and IBM these days introduced they are extending an latest partnership into the realm of synthetic intelligence (AI). each companies acquire developed their personal AI frameworks. within the case of box, that framework is available in the form of a container potential framework that makes it simpler to rehearse AI to content administration.

IBM, meanwhile, has announced it'll prolong its Watson AI platform to comprehend integration with container erudition equipment. container expertise write the outputs of AI processing to info in container to create metadata. container uses that metadata to deliver capabilities such as file preview and search. The container advantage apparatus is a set of APIs, SDKs, guides and pattern code to encourage builders build container erudition of their own as an extension. particularly, IBM is leveraging box potential Set to give insights into files, pictures and audio info the usage of Watson herbal Language knowing, Watson visual attention and Watson Speech-to-textual content functions.

Rashida Hodge, vice president of Watson AI at IBM, says container provides an excellent factor for aggregating a wide selection of content material as a result of field makes it easier to sight a wide variety of files and file kinds. actually, some of the biggest challenges with advancing AI is without difficulty proposing access to enough content material to successfully coach the algorithms on which AI fashions depend.

“content material is king when it involves AI,” says Hodge.

container additionally serves to tremendously reduce resistance to adopting AI since it gives a means to accumulate every started that doesn’t necessarily require stop clients to Do anything they aren't already doing when it comes to current methods.

Of path, it nevertheless requires a just quantity of skills to create AI fashions leveraging content in box to, as an example, enhance a client sheperd manner. nonetheless it is patent that the long march to embracing AI pervasively across the trade is going to birth with the aggregation of massive quantities of content. As success would acquire it, turns out field has a huge head delivery on finishing that a allotment of a lots greater AI equation.


000-536 Fundamentals of Applying Tivoli Security and Compliance Management V3

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Guide to vendor-specific IT security certifications | killexams.com true questions and Pass4sure dumps

Despite the wide selection of vendor-specific information technology security certifications, identifying which...

ones best suit your educational or career needs is fairly straightforward.

This sheperd to vendor-specific IT security certifications includes an alphabetized table of security certification programs from various vendors, a brief description of each certification and counsel for further details.

Introduction: Choosing vendor-specific information technology security certifications

The process of choosing the birthright vendor-specific information technology security certifications is much simpler than choosing vendor-neutral ones. In the vendor-neutral landscape, you must evaluate the pros and cons of various programs to select the best option. On the vendor-specific side, it's only necessary to succeed these three steps:

  • Inventory your organization's security infrastructure and identify which vendors' products or services are present.
  • Check this sheperd (or vendor websites, for products not covered here) to determine whether a certification applies to the products or services in your organization.
  • Decide if spending the time and money to obtain such credentials (or to fund them for your employees) is worth the resulting benefits.
  • In an environment where qualified IT security professionals can elect from numerous job openings, the benefits of individual training and certifications can be arduous to appraise.

    Many employers pay certification costs to develop and retain their employees, as well as to boost the organization's in-house expertise. Most behold this as a win-win for employers and employees alike, though employers often require replete or partial reimbursement for the related costs incurred if employees leave their jobs sooner than some specified payback era after certification.

    There acquire been quite a few changes since the final survey update in 2015. The Basic category saw a substantial jump in the number of available IT security certifications due to the addition of several Brainbench certifications, in addition to the Cisco Certified Network Associate (CCNA) Cyber Ops certification, the Fortinet Network Security Expert Program and fresh IBM certifications. 

    2017 IT security certification changes

    Certifications from AccessData, Check Point, IBM and Oracle were added to the Intermediate category, increasing the total number of certifications in that category, as well. However, the number of certifications in the Advanced category decreased, due to several IBM certifications being retired. 

    Vendor IT security certifications Basic information technology security certifications 

    Brainbench basic security certificationsBrainbench offers several basic-level information technology security certifications, each requiring the candidate to pass one exam. Brainbench security-related certifications include:

  • Backup Exec 11d (Symantec)
  • Check Point FireWall-1 Administration
  • Check Point Firewall-1 NG Administration
  • Cisco Security
  • Microsoft Security
  • NetBackup 6.5 (Symantec)
  • Source: Brainbench Information Security Administrator certifications

    CCNA Cyber OpsPrerequisites: not anything required; training is recommended.

    This associate-level certification prepares cybersecurity professionals for travail as cybersecurity analysts responding to security incidents as allotment of a security operations hub team in a great organization.

    The CCNA Cyber Ops certification requires candidates to pass two written exams.

    Source: Cisco Systems CCNA Cyber Ops

    CCNA SecurityPrerequisites: A cogent Cisco CCNA Routing and Switching, Cisco Certified Entry Networking Technician or Cisco Certified Internetwork Expert (CCIE) certification.

    This credential validates that associate-level professionals are able to install, troubleshoot and monitor Cisco-routed and switched network devices for the purpose of protecting both the devices and networked data.

    A person with a CCNA Security certification can be expected to understand core security concepts, endpoint security, web and email content security, the management of secure access, and more. He should furthermore be able to demonstrate skills for pile a security infrastructure, identifying threats and vulnerabilities to networks, and mitigating security threats. CCNA credential holders furthermore possess the technical skills and expertise necessary to manage protection mechanisms such as firewalls and intrusion prevention systems, network access, endpoint security solutions, and web and email security.

    The successful completion of one exam is required to obtain this credential.

    Source: Cisco Systems CCNA Security

    Check Point Certified Security Administrator (CCSA) R80Prerequisites: Basic erudition of networking; CCSA training and six months to one year of undergo with Check Point products are recommended.

    Check Point's foundation-level credential prepares individuals to install, configure and manage Check Point security system products and technologies, such as security gateways, firewalls and virtual private networks (VPNs). Credential holders furthermore possess the skills necessary to secure network and internet communications, upgrade products, troubleshoot network connections, configure security policies, protect email and message content, preserve networks from intrusions and other threats, anatomize attacks, manage user access in a corporate LAN environment, and configure tunnels for remote access to corporate resources.

    Candidates must pass a solitary exam to obtain this credential.

    Source: Check Point CCSA Certification

    IBM Certified Associate -- Endpoint Manager V9.0Prerequisites: IBM suggests that candidates be highly close with the IBM Endpoint Manager V9.0 console. They should acquire undergo taking actions; activating analyses; and using Fixlets, tasks and baselines in the environment. They should furthermore understand patching, component services, client log files and troubleshooting within IBM Endpoint Manager.

    This credential recognizes professionals who employ IBM Endpoint Manager V9.0 daily. Candidates for this certification should know the key concepts of Endpoint Manager, be able to record the system's components and be able to employ the console to execute routine tasks.

    Successful completion of one exam is required.

    Editor's note: IBM is retiring this certification as of May 31, 2017; there will be a follow-on test available as of April 2017 for IBM BigFix Compliance V9.5 Fundamental Administration, Test C2150-627.

    Source: IBM Certified Associate -- Endpoint Manager V9.0

    IBM Certified Associate -- Security Trusteer Fraud ProtectionPrerequisites: IBM recommends that candidates acquire undergo with network data communications, network security, and the Windows and Mac operating systems.

    This credential pertains mainly to sales engineers who back the Trusteer Fraud product portfolio for web fraud management, and who can implement a Trusteer Fraud solution. Candidates must understand Trusteer product functionality, know how to deploy the product, and be able to troubleshoot the product and anatomize the results.

    To obtain this certification, candidates must pass one exam.

    Source: IBM Certified Associate -- Security Trusteer Fraud Protection

    McAfee Product SpecialistPrerequisites: not anything required; completion of an associated training course is highly recommended.

    McAfee information technology security certification holders possess the erudition and technical skills necessary to install, configure, manage and troubleshoot specific McAfee products, or, in some cases, a suite of products.

    Candidates should possess one to three years of direct undergo with one of the specific product areas.

    The current products targeted by this credential include:

  • McAfee Advanced Threat Defense products
  • McAfee ePolicy Orchestrator and VirusScan products
  • McAfee Network Security Platform
  • McAfee Host Intrusion Prevention
  • McAfee Data Loss Prevention Endpoint products
  • McAfee Security Information and Event Management products
  • All credentials require passing one exam.

    Source: McAfee Certification Program

    Microsoft Technology Associate (MTA)Prerequisites: None; training recommended.

    This credential started as an academic-only credential for students, but Microsoft made it available to the generic public in 2012.

    There are 10 different MTA credentials across three tracks (IT Infrastructure with five certs, Database with one and development with four). The IT Infrastructure track includes a Security Fundamentals credential, and some of the other credentials comprehend security components or topic areas.

    To earn each MTA certification, candidates must pass the corresponding exam. 

    Source: Microsoft MTA Certifications

    Fortinet Network Security Expert (NSE)Prerequisites: Vary by credential.

    The Fortinet NSE program has eight levels, each of which corresponds to a part network security credential within the program. The credentials are:

  • NSE 1 -- Understand network security concepts.
  • NSE 2 -- Sell Fortinet gateway solutions.
  • NSE 3 (Associate) -- Sell Fortinet advanced security solutions.
  • NSE 4 (Professional) -- Configure and maintain FortiGate Unified Threat Management products.
  • NSE 5 (Analyst) -- Implement network security management and analytics.
  • NSE 6 (Specialist) – Understand advanced security technologies beyond the firewall.
  • NSE 7 (Troubleshooter) -- Troubleshoot internet security issues.
  • NSE 8 (Expert) -- Design, configure, install and troubleshoot a network security solution in a live environment.
  • NSE 1 is open to anyone, but is not required. The NSE 2 and NSE 3 information technology security certifications are available only to Fortinet employees and partners. Candidates for NSE 4 through NSE 8 should snitch the exams through Pearson VUE.

    Source: Fortinet NSE

    Symantec Certified Specialist (SCS)This security certification program focuses on data protection, elevated availability and security skills involving Symantec products.

    To become an SCS, candidates must select an locality of focus and pass an exam. every the exams cover core elements, such as installation, configuration, product administration, day-to-day operation and troubleshooting for the selected focus area.

    As of this writing, the following exams are available:

  • Exam 250-215: Administration of Symantec Messaging Gateway 10.5
  • Exam 250-410: Administration of Symantec Control Compliance Suite 11.x
  • Exam 250-420: Administration of Symantec VIP
  • Exam 250-423: Administration of Symantec IT Management Suite 8.0
  • Exam 250-424: Administration of Data Loss Prevention 14.5
  • Exam 250-425: Administration of Symantec Cyber Security Services
  • Exam 250-426: Administration of Symantec Data hub Security -- Server Advanced 6.7
  • Exam 250-427: Administration of Symantec Advanced Threat Protection 2.0.2
  • Exam 250-428: Administration of Symantec Endpoint Protection 14
  • Exam 250-513: Administration of Symantec Data Loss Prevention 12
  • Source: Symantec Certification

    Intermediate information technology security certifications 

    AccessData Certified Examiner (ACE)Prerequisites: not anything required; the AccessData BootCamp and Advanced Forensic Toolkit (FTK) courses are recommended.

    This credential recognizes a professional's proficiency using AccessData's FTK, FTK Imager, Registry Viewer and Password Recovery Toolkit. However, candidates for the certification must furthermore acquire qualify digital forensic erudition and be able to interpret results gathered from AccessData tools.

    To obtain this certification, candidates must pass one online exam (which is free). Although a boot camp and advanced courses are available for a fee, AccessData provides a set of free exam preparation videos to encourage candidates who prefer to self-study.

    The certification is cogent for two years, after which credential holders must snitch the current exam to maintain their certification.

    Source: Syntricate ACE Training

    Cisco Certified Network Professional (CCNP) Security Prerequisites: CCNA Security or any CCIE certification.

    This Cisco credential recognizes professionals who are responsible for router, switch, networking device and appliance security. Candidates must furthermore know how to select, deploy, back and troubleshoot firewalls, VPNs and intrusion detection system/intrusion prevention system products in a networking environment.

    Successful completion of four exams is required.

    Source: Cisco Systems CCNP Security

    Check Point Certified Security Expert (CCSE)Prerequisite: CCSA certification R70 or later.

    This is an intermediate-level credential for security professionals seeking to demonstrate skills at maximizing the performance of security networks.

    A CCSE demonstrates a erudition of strategies and advanced troubleshooting for Check Point's GAiA operating system, including installing and managing VPN implementations, advanced user management and firewall concepts, policies, and backing up and migrating security gateway and management servers, among other tasks. The CCSE focuses on Check Point's VPN, Security Gateway and Management Server systems.

    To acquire this credential, candidates must pass one exam.

    Source: Check Point CCSE program

    Cisco Cybersecurity SpecialistPrerequisites: not anything required; CCNA Security certification and an understanding of TCP/IP are strongly recommended.

    This Cisco credential targets IT security professionals who possess in-depth technical skills and erudition in the field of threat detection and mitigation. The certification focuses on areas such as event monitoring, event analysis (traffic, alarm, security events) and incident response.

    One exam is required.

    Source: Cisco Systems Cybersecurity Specialist

    Certified SonicWall Security Administrator (CSSA)Prerequisites: not anything required; training is recommended.

    The CSSA exam covers basic administration of SonicWall appliances and the network and system security behind such appliances.

    Classroom training is available, but not required to earn the CSSA. Candidates must pass one exam to become certified.

    Source: SonicWall Certification programs

    EnCase Certified Examiner (EnCE)Prerequisites: Candidates must attend 64 hours of authorized training or acquire 12 months of computer forensic travail experience. Completion of a formal application process is furthermore required.

    Aimed at both private- and public-sector computer forensic specialists, this certification permits individuals to become certified in the employ of Guidance Software's EnCase computer forensics tools and software.

    Individuals can gain this certification by passing a two-phase exam: a computer-based component and a practical component.

    Source: Guidance Software EnCE

    EnCase Certified eDiscovery Practitioner (EnCEP)Prerequisites: Candidates must attend one of two authorized training courses and acquire three months of undergo in eDiscovery collection, processing and project management. A formal application process is furthermore required.

    Aimed at both private- and public-sector computer forensic specialists, this certification permits individuals to become certified in the employ of Guidance Software's EnCase eDiscovery software, and it recognizes their proficiency in eDiscovery planning, project management and best practices, from legal hold to file creation.

    EnCEP-certified professionals possess the technical skills necessary to manage e-discovery, including the search, collection, preservation and processing of electronically stored information in accordance with the Federal Rules of Civil Procedure.

    Individuals can gain this certification by passing a two-phase exam: a computer-based component and a scenario component.

    Source: Guidance Software EnCEP Certification Program

    IBM Certified Administrator -- Security Guardium V10.0Prerequisites: IBM recommends basic erudition of operating systems and databases, hardware or virtual machines, networking and protocols, auditing and compliance, and information security guidelines.

    IBM Security Guardium is a suite of protection and monitoring tools designed to protect databases and huge data sets. The IBM Certified Administrator -- Security Guardium credential is aimed at administrators who plan, install, configure and manage Guardium implementations. This may comprehend monitoring the environment, including data; defining policy rules; and generating reports.

    Successful completion of one exam is required.

    Source: IBM Security Guardium Certification

    IBM Certified Administrator -- Security QRadar Risk Manager V7.2.6Prerequisites: IBM recommends a working erudition of IBM Security QRadar SIEM Administration and IBM Security QRadar Risk Manager, as well as generic erudition of networking, risk management, system administration and network topology.

    QRadar Risk Manager automates the risk management process in enterprises by monitoring network device configurations and compliance. The IBM Certified Administrator -- Security QRadar Risk Manager V7.2.6 credential certifies administrators who employ QRadar to manage security risks in their organization. Certification candidates must know how to review device configurations, manage devices, monitor policies, schedule tasks and generate reports.

    Successful completion of one exam is required.

    Source: IBM Security QRadar Risk Manager Certification

    IBM Certified Analyst -- Security SiteProtector System V3.1.1Prerequisites: IBM recommends a basic erudition of the IBM Security Network Intrusion Prevention System (GX) V4.6.2, IBM Security Network Protection (XGS) V5.3.1, Microsoft SQL Server, Windows Server operating system administration and network security.

    The Security SiteProtector System enables organizations to centrally manage their network, server and endpoint security agents and appliances. The IBM Certified Analyst -- Security SiteProtector System V3.1.1 credential is designed to certify security analysts who employ the SiteProtector System to monitor and manage events, monitor system health, optimize SiteProtector and generate reports.

    To obtain this certification, candidates must pass one exam.

    Source: IBM Security SiteProtector Certification

    Oracle Certified Expert, Oracle Solaris 10 Certified Security AdministratorPrerequisite: Oracle Certified Professional, Oracle Solaris 10 System Administrator.

    This credential aims to certify experienced Solaris 10 administrators with security interest and experience. It's a midrange credential that focuses on generic security principles and features, installing systems securely, application and network security, principle of least privilege, cryptographic features, auditing, and zone security.

    A solitary exam -- geared toward the Solaris 10 operating system or the OpenSolaris environment -- is required to obtain this credential.

    Source: Oracle Solaris Certification

    Oracle Mobile SecurityPrerequisites: Oracle recommends that candidates understand enterprise mobility, mobile application management and mobile device management; acquire two years of undergo implementing Oracle Access Management Suite Plus 11g; and acquire undergo in at least one other Oracle product family.

    This credential recognizes professionals who create configuration designs and implement the Oracle Mobile Security Suite. Candidates must acquire a working erudition of Oracle Mobile Security Suite Access Server, Oracle Mobile Security Suite Administrative Console, Oracle Mobile Security Suite Notification Server, Oracle Mobile Security Suite Containerization and Oracle Mobile Security Suite Provisioning and Policies. They must furthermore know how to deploy the Oracle Mobile Security Suite.

    Although the certification is designed for Oracle PartnerNetwork members, it is available to any candidate. Successful completion of one exam is required.

    Source: Oracle Mobile Security Certification

    RSA Archer Certified Administrator (CA)Prerequisites: not anything required; Dell EMC highly recommends RSA training and two years of product undergo as preparation for the RSA certification exams.

    Dell EMC offers this certification, which is designed for security professionals who manage, administer, maintain and troubleshoot the RSA Archer Governance, Risk and Compliance (GRC) platform.

    Candidates must pass one exam, which focuses on integration and configuration management, security administration, and the data presentation and communication features of the RSA Archer GRC product.

    Source: Dell EMC RSA Archer Certification

    RSA SecurID Certified Administrator (RSA Authentication Manager 8.0)Prerequisites: not anything required; Dell EMC highly recommends RSA training and two years of product undergo as preparation for the RSA certification exams.

    Dell EMC offers this certification, which is designed for security professionals who manage, maintain and administer enterprise security systems based on RSA SecurID system products and RSA Authentication Manager 8.0.

    RSA SecurID CAs can operate and maintain RSA SecurID components within the context of their operational systems and environments; troubleshoot security and implementation problems; and travail with updates, patches and fixes. They can furthermore execute administrative functions and populate and manage users, set up and employ software authenticators, and understand the configuration required for RSA Authentication Manager 8.0 system operations.

    Source: Dell EMC RSA Authentication Manager Certification

    RSA Security Analytics CAPrerequisites: not anything required; Dell EMC highly recommends RSA training and two years of product undergo as preparation for the RSA certification exams.

    This Dell EMC certification is aimed at security professionals who configure, manage, administer and troubleshoot the RSA Security Analytics product. erudition of the product's features, as well the competence to employ the product to identify security concerns, are required.

    Candidates must pass one exam, which focuses on RSA Security Analytics functions and capabilities, configuration, management, monitoring and troubleshooting.

    Source: Dell EMC RSA Security Analytics

    Advanced information technology security certifications 

    CCIE SecurityPrerequisites: not anything required; three to five years of professional working undergo recommended.

    Arguably one of the most coveted certifications around, the CCIE is in a league of its own. Having been around since 2002, the CCIE Security track is unrivaled for those interested in dealing with information security topics, tools and technologies in networks built using or around Cisco products and platforms.

    The CCIE certifies that candidates possess expert technical skills and erudition of security and VPN products; an understanding of Windows, Unix, Linux, network protocols and domain denomination systems; an understanding of identity management; an in-depth understanding of Layer 2 and 3 network infrastructures; and the competence to configure end-to-end secure networks, as well as to execute troubleshooting and threat mitigation.

    To achieve this certification, candidates must pass both a written and lab exam. The lab exam must be passed within 18 months of the successful completion of the written exam.

    Source: Cisco Systems CCIE Security Certification

    Check Point Certified Managed Security Expert (CCMSE)Prerequisites: CCSE certification R75 or later and 6 months to 1 year of undergo with Check Point products.

    This advanced-level credential is aimed at those seeking to learn how to install, configure and troubleshoot Check Point's Multi-Domain Security Management with Virtual System Extension.

    Professionals are expected to know how to migrate physical firewalls to a virtualized environment, install and manage an MDM environment, configure elevated availability, implement global policies and execute troubleshooting.

    Source: Check Point CCMSE

    Check Point Certified Security Master (CCSM)Prerequisites: CCSE R70 or later and undergo with Windows Server, Unix, TCP/IP, and networking and internet technologies.

    The CCSM is the most advanced Check Point certification available. This credential is aimed at security professionals who implement, manage and troubleshoot Check Point security products. Candidates are expected to be experts in perimeter, internal, web and endpoint security systems.

    To acquire this credential, candidates must pass a written exam.

    Source: Check Point CCSM Certification

    Certified SonicWall Security Professional (CCSP)Prerequisites: Attendance at an advanced administration training course.

    Those who achieve this certification acquire attained a elevated flat of mastery of SonicWall products. In addition, credential holders should be able to deploy, optimize and troubleshoot every the associated product features.

    Earning a CSSP requires taking an advanced administration course that focuses on either network security or secure mobile access, and passing the associated certification exam.

    Source: SonicWall CSSP certification

    IBM Certified Administrator -- Tivoli Monitoring V6.3Prerequisites: Security-related requirements comprehend basic erudition of SSL, data encryption and system user accounts.

    Those who attain this certification are expected to be capable of planning, installing, configuring, upgrading and customizing workspaces, policies and more. In addition, credential holders should be able to troubleshoot, administer and maintain an IBM Tivoli Monitoring V6.3 environment.

    Candidates must successfully pass one exam.

    Source: IBM Tivoli Certified Administrator

    Master Certified SonicWall Security Administrator (CSSA)The Master CSSA is an intermediate between the base-level CSSA credential (itself an intermediate certification) and the CSSP.

    To qualify for Master CSSA, candidates must pass three (or more) CSSA exams, and then email training@sonicwall.com to request the designation. There are no other charges or requirements involved.

    Source: SonicWall Master CSSA

    Conclusion 

    Remember, when it comes to selecting vendor-specific information technology security certifications, your organization's existing or planned security product purchases should prescribe your options. If your security infrastructure includes products from vendors not mentioned here, be certain to check with them to determine if training or certifications on such products are available.

    About the author:Ed Tittel is a 30-plus year IT veteran who's worked as a developer, networking consultant, technical trainer, writer and expert witness. Perhaps best known for creating the Exam Cram series, Ed has contributed to more than 100 books on many computing topics, including titles on information security, Windows OSes and HTML. Ed furthermore blogs regularly for TechTarget (Windows Enterprise Desktop), Tom's IT Pro and GoCertify.


    How Microsoft Operations Framework 4.0 enhances IT service management | killexams.com true questions and Pass4sure dumps

    Stuart D. Galup, Contributor

    IT service management took a major step forward in April with the release of Microsoft Operations Framework (MOF) version 4.0. This newest version of the framework offers practical guidance for everyday IT practices and activities so that IT managers can establish and implement reliable, cost-effective IT services.

    This is marvelous news for Windows shops that acquire spent money on ITIL v3 training. Because MOF 4.0 is aligned with ITIL v3, there's no necessity to retrain staff on the fundamentals -- which could translate to cost savings. Also, IT shops can now focus on more advanced MOF concepts.

    MOF 4.0 defines the entire IT lifecycle. It consists of four phases that comprehend 16 service management functions. Here's how Microsoft describes the four phases and their goals:

  • Plan -- pass and optimize an IT service strategy to back trade goals and objectives.
  • Deliver -- Ensure IT services are developed effectively, deployed successfully and ready for operations.
  • Operate -- Ensure IT services are operated, maintained and supported in a pass that meets trade needs and expectations.
  • Manage layer -- This is the foundation of the IT service lifecycle: Provide operating principles and best practices to ensure that the investment in IT delivers expected trade value at an acceptable flat of risk. This side focuses on IT governance, risk, compliance, roles and responsibilities, change management and configuration. Processes in this stage occur during every phases of the lifecycle.
  • Within each phase, there are service management functions that define the processes, people and activities required to align IT services. For example, the Operate

     phase contains four functions -- operations, service monitoring and control and customer service and problem management.

    At the encourage desk, MOF drills down to customer service management functions. Microsoft defines the Operate side deliverable as "effective user service." So how can encourage desk managers achieve effective user service? By providing a positive undergo for users and addressing their complaints or issues in a timely manner.

    If your Windows shop uses MOF 3.0, don't worry -- Microsoft's MOF Web page has details about how MOF 3.0 maps to MOF 4.0. It's furthermore needful to note that MOF 4.0's lifecycle approach includes the processes defined in MOF 3.0. Again, because MOF 4.0 is aligned with ITIL v3 and includes MOF 3.0 processes, previous training does not retrograde to waste.

    There are two companion products to MOF 4.0. The first is Microsoft's upcoming System hub Service Manager, code-named Service Desk. There is furthermore cross-platform extension beta software that extends the monitoring and management capabilities of System hub Operations Manager 2007 to non-Microsoft platforms, including HP-UX, Sun Solaris, Red Hat Enterprise Linux and SUSE Linux Enterprise Server environments.

    The second product is Microsoft's System hub Configuration Manager 2007, which is the next version of Systems Management Server 2003. Configuration Manager 2007 provides functionality with its secure and scalable operating system and application deployment. It supports configuration management, enhancing system security and comprehensive asset management of servers, desktops and mobile devices.

    The combination of MOF 4.0, System hub Service Manager and System hub Configuration Manager can encourage enhance or kick-start and IT service management initiative.

    Begin with MOF 4.0, but hold in intellect that half the battle of implementing MOF is getting started, and IT organizations don't usually succeed this approach. They usually select a implement and then sight to it to encourage define how the process is going to travail and disburse a lot of time making the tools and processes travail together. This translates into a lot of wasted time and cost to the business.

    Keep in intellect that each IT organization should develop its own processes before it introduces tools into its environment. And if you're among those waiting for Microsoft's fresh tools -- expected to be available in 2010 -- the early indications are they will be worth the wait.

    Stuart D. Galup is an associate professor of computer information systems at Florida Atlantic University. He is a Certified Computing Professional and ITIL Service Manager. He has held a number of senior information technology positions and holds a U.S. patent. Galup has written more than 45 academic publications and two books.


    International trade Machines' Management Discusses Q1 2013 Results - Earnings convene Transcript | killexams.com true questions and Pass4sure dumps

    Mark Loughridge – Senior Vice President and Chief monetary Officer, Finance and Enterprise Transformation

    Toni M. Sacconaghi – Sanford C. Bernstein & Co. LLC

    Steven M. Milunovich – UBS Securities LLC

    Benjamin A. Reitzes – Barclays Capital, Inc.

    Peter J. Misek – Jefferies LLC

    Keith F. Bachman – BMO Capital Markets

    Draft version. An edited version will be posted soon.

    Welcome and thank you for standing by. At this time, every participants are in a listen-only mode. Today's conference is being recorded. If you acquire any objections, you may disconnect at this time.

    Now, I will whirl the meeting over to Ms. Patricia Murphy, Vice President of Investor Relations. Ma'am, you may begin.

    Thank you. This is Patricia Murphy, Vice President of Investor Relations for IBM. I'm here with heed Loughridge, IBM's Senior Vice President and CFO, Finance and Enterprise Transformation. Thank you for joining their first quarter earnings presentation. The prepared remarks will be available in roughly an hour and a replay of this webcast will be posted to their Investor Relations website by this time tomorrow.

    Our presentation includes inescapable non-GAAP monetary measures in an effort to provide additional information to investors. every non-GAAP measures acquire been reconciled to their related GAAP measures in accordance with SEC rules. You will find reconciliation charts at the end, and in the form 8-K submitted to the SEC.

    Let me remind you that inescapable comments made in this presentation may be characterized as forward-looking under the Private Securities Litigation Reform Act of 1995. Those statements involve a number of factors that could antecedent actual results to vary materially. Additional information concerning these factors is contained in the Company's filings with the SEC. Copies are available from the SEC, from the IBM website, or from us in Investor Relations.

    Now, I'll whirl the convene over to heed Loughridge.

    Thank you for joining us today. In the first quarter, they reported $23.4 billion in revenue, expanded uncouth pretax and net operating margins and delivered operating earnings per participate of $3 which is up 8% year-to-year. But this quarter certainly didn’t nearby the pass it started. They had solid profit performance in January, but as the quarter ended hundreds of millions of dollars of very profitable software and System z mainframe deals fell short of the goal line.

    This impacted the first quarter close, but the rollover of these deals positions us for a stalwart start in their software and mainframe trade in the second quarter. Taking replete consideration of their first quarter performance and the number of actions to better this performance, they continue to anticipate operating EPS of at least $16.70 for the year.

    Now let me effect four points about what they saw in their trade this quarter. First, their total services trade performed as expected with year-to-year constant currency revenue growth inline with final quarter and pretax profit of 10%. Their backlog was up 1% year-to-year or 5% constant currency driven by a lot of fresh trade in the quarter.

    Second, they had a shortfall in sales execution in their software and mainframe businesses, but with a marvelous list of rollover transactions coupled with improved execution, we’ve got a stalwart hand going into the second quarter in these businesses. Third, in their growth initiatives, Smarter Planet was up over 25% and Cloud over 70%.

    Business Analytics was up 7% led by double-digit growth in GBS. But their growth markets revenue was up 1% at constant currency, clearly not what they expected or what they needed. Across IBM they delivered stalwart growth in several of their offerings to address market trends relish SaaS and mobile where they grew over 50% leveraging their organic and acquisitive investments. As these become a larger allotment of their business, that will contribute more to their growth.

    Finally, there are parts of their trade that are in transition or acquire been underperforming relish elements of their Power x and storage product lines that showed disappointing performance in the first quarter. Here we’re going to snitch substantial actions.

    Now, let me record how this impacts the year. With the improved execution in their software and mainframe businesses, they would anticipate the operating EPS growth in the second quarter to be similar to that of the first. However, given their first quarter performance, they now anticipate to snitch the bulk of their workforce of balancing actions for the year in the second quarter, as opposed to final year when it was distributed across the quarters.

    Though they certainly don’t acquire a specific approved action, this will result in a imbue that will additionally impact the operating EPS they report. relish every years, they acquire a number of actions planned to better the trade for the long-term, acquiring and divesting businesses and rebalancing their resources. This results in charges in the second quarter and gains in the second half, which they anticipate will roughly offset for the year.

    By the stop of 2013, taking into account their operational performance benefits from the workforce for balancing activity and gains and charges, we’re confident they can achieve at least $16.70 of operating EPS for the year.

    Let me now walk you through the monetary metrics for the first quarter. In total, IBM’s revenue growth at constant currency was down 3%. They entered the quarter with a modest currency headwind, but became more pronounced due to currency movements over those final 90 days especially in the end. When you sight at the reported revenue for the quarter, currency impacted their revenue growth by two points.

    Turning to the profit metrics, their ongoing focus on productivity and their shift to higher value contributed to their margin performance. They expanded operating uncouth margin by a point led by services and an improving merge and they expanded operating pre-tax margin by [0.8%].

    Our tax rate for the quarter was 17.3%, down approximately 3 points year-to-year. The lower tax rate is primarily due to benefits recorded to reflect changes in tax law enacted during the quarter, including the reinstatement of the R&D tax credit for 2012. They anticipate their ongoing operating tax rate for the next three quarters to be in the compass of 25%.

    Our operating net income grew 3% and their margin was up over 1 point. With nearly $12 billion in uncouth participate repurchase over the final 12 months, they reduced their participate weigh by 4%. When you bring every of this together they delivered operating EPS of $3, which is up 8%.

    Turning to cash, they generated $1.7 billion of free cash flood in the quarter and ended the quarter with a cash equilibrium of $12 billion. Now we’ll accumulate into the results starting with revenue and uncouth margin by segment.

    Year-to-year constant currency revenue performance in their combined services businesses was consistent with the fourth quarter. At constant currency, GBS performance improved a brace of points while GTS revenue growth slowed due to continued pressure on sales into existing accounts and actions taken to restructure the low margin outsourcing contracts.

    In software they had marvelous performance in several key areas such as Smarter Commerce, companionable Business, Security and Storage Management, but their growth rate was impacted by the inability to nearby some great transactions at the stop of the quarter. In Systems and Technology, while we’re delivering marvelous performance in System z mainframe despite the [slip] deal ending their PureSystems offerings weakness in Power, System x and Storage resulted in overall decline.

    Looking at the uncouth profit, their operating uncouth margin improved 1 point driven by a combination of marvelous margin expansion in both Services segment and an improving segment mix.

    Looking at revenue by geography on a constant currency basis, Americas’ revenue was down 3% with declines in both the U.S. and Canada, mitigated by double-digit growth in Latin America led by Brazil and Mexico. Their EMEA revenue was down 4% year-to-year, about a 0.5% lower than final quarter. Most of the major countries declined though Spain returned to modest growth.

    In Asia-Pacific revenue was down 1%. Within that Japan revenue was up 3%. This was the second consecutive quarter of revenue growth in Japan reflecting the stabilization of their trade in that country. The equilibrium of AP, which is allotment of their growth markets declined.

    Across every geographies, their growth markets revenue was up a disappointing 1%, though five points faster than the major markets. BRICs were up 3% led by Brazil, while China and Russia posted modest declines. China’s performance was impacted by weakness in great deals and a slowdown in their low-end and mid-range products.

    Now let’s snitch a sight at their expense profile. Their total operating expense and other income was down 4%. Acquisitions over the final 12 months drove two points of expense growth. Currency contributed a point of expense decline, driven almost entirely by translation. Consequently, their base expense excluding currency and acquisitions was better by five points.

    I’ll observation on a brace of expense items that acquire larger year-to-year impact to their profit. First, workforce rebalancing was better by about $200 million year-to-year driven by a imbue in final year’s result. Second, their IT income was down over $70 million year-to-year.

    Typically, they talked about the impact of their hedging programs as a driver of expense. In first quarter, the hedge activity was neutral year-to-year with very modest gains in both periods. In the quarter, they were impacted by significant depreciation of the yen. As their trade in Japan is more heavily skewed to local services, the competence to hedge cross-border cash flows is low compared to most other countries. This had a profit impact in the quarter, which would continue at current spot rate.

    So, now let me retrograde into the segment. This quarter the two services segments generated $14 billion in revenue, grew pre-tax profit 10% and expanded pre-tax margin by 2 points. Total backlog was $141 billion, up 1% at spot rate, but up 5% at constant currency. Backlog grew in both the transactional and outsourcing businesses. In fact, they had 22 deals greater than $100 million. They closed great transformational deals in every geography, but they acquire particularly marvelous performance in their major markets where the vast majority of these 22 deals were done, and nearly half of those were fresh services contracts. These deals contributed to their major markets backlog, which was up 3% at constant currency and grew for the first time since the stop of 2010.

    Turning to the two segments, Global Technology Services revenue was $9.6 billion, down 4% as reported and down 2% at constant currency. There were two major categories affecting revenue growth. The first was a continuation of the decline in revenue from sales into existing base accounts. This activity tends to be more transactional in nature and economical sensitive. And as expected, GTS revenue continued to be impacted by the travail we’ve done to better profitability of the restructured low margin outsourcing contracts. That initiative has helped improved their margin performance again this quarter, but does reduce the top line. They assess that impact to be about a point of revenue grow to GTS and to Services in total. These two items were reflected primarily in GTS outsourcing revenue, which is down 3% at constant currency.

    In the Integrated Technology Services, revenue was up 2% at constant currency, led by continued force in the growth markets and the third consecutive quarter of growth in Japan.

    GTS delivered 7% pre-tax profit growth in the quarter and expanded pre-tax margins by about two points. This quarter margin expansion was driven by continued efficiency improvements, primarily through their enterprise productivity initiatives and lower workforce rebalancing charges.

    Turning to Global trade Services, revenue was $4.5 billion, down 3% as reported and flat at constant currency. This represents an improvement of two points quarter-to-quarter at constant currency. From a geographic perspective, the growth markets in Japan drove the strongest performance while North America slowed its rate of decline versus final quarter.

    Looking at the GBS trade by offering, they had marvelous results in their solutions that address the digital front office. They delivered double-digit growth across the initiatives; trade Analytics, Smarter Planet and Cloud. As these become a larger allotment of GBS, they’ll contribute more to the top line performance.

    And as they address the globally integrated enterprise, their traditional back-office solution, we’re continuing to focus on improving their performance in implementation services that back the traditional packaged application.

    Turning to profit, GBS pre-tax income improved 17% year-to-year and pre-tax margin expanded three points. The main year-to-year profit drivers were continued profit from their enterprise productivity initiatives, lower workforce rebalancing charges and improved shrink performance.

    So to wrap up Services, they grew backlog 5% at constant currency with the major markets up for the first time since the stop of 2010. Growth initiatives continue to execute well or continuing to better in transition areas relish traditional packets, application implementation and they expanded profit margins and delivered 10% growth and a pre-tax income.

    Software revenue of $5.6 billion was flat year-to-year or up 1% at constant currency. Pre-tax income was up 4% year-to-year and pre-tax margin is up 1.2 points to 31.5%. As I stated up front, software growth was impacted by a number of great transactions that rolled into the second quarter. Key branded middleware grew 1% or 2% at constant currency.

    Now let me give you some insight into their branded middleware performance. WebSphere grew 7% at constant currency, for the 12 consecutive year Gartner designated IBM the worldwide market participate leader in the application infracture and middleware segment. In the quarter they had stalwart double-digit growth in Smarter Commerce and Smarter Cities leveraging their organic and acquisitive investments. Their SaaS offerings contribute to the stalwart performance.

    To address the emerging opening around enterprise, mobile computing, in the first quarter they introduced MobileFirst, which combined deep mobile expertise with cloud based services.

    Information Management was down 1% at constant currency. The brand most impacted by the great roll over transactions. However they did hold share. Tivoli was up 3% at constant currency, driven by security and storage. Security was up 15% at constant currency driven by a security intelligence and identity and access management product segment. Security intelligence was more than double this quarter, provides solutions to encourage client to identify threats more quickly, prioritize risk more effectively and automate compliance activity.

    Identity and access management was up double-digit, allowing organizations to mitigate risk by controlling and monitoring users’ access, which is even more censorious as IT infrastructure has become more interconnected.

    Tivoli Storage which enables customers to manage their rapidly growing data, [grow] 11% at constant currency. companionable Workforce Solutions, which includes their recently acquired [Connectum Business] grew 9% at constant currency. They began pile their companionable trade platform several years ago and we’ve been ranked as the number one enterprise companionable software vendor for three consecutive years by IDC. Across the software brand, as they nearby the transactions that rolled over, they should deliver double-digit growth in key branded middleware in the second quarter.

    Systems and Technology revenue of $3.1 billion was down 17% year-to-year or 13% at constant currency, adjusting for the divestiture of Retail Store Solutions. System z grew 8% at constant currency. MIPS were up 27% and more than half of the MIPS were from specialty engine, which were up more than 65%. Within that Java was up 70%, database 24% and Linux nearly doubled.

    Like software, as they nearby the great transactions that rolled over from the first quarter, they should be able to deliver double-digit revenue growth in their System z trade in the second quarter. We’re furthermore continuing to behold traction in PureSystems, their expert integrated systems. They completed their first 12 months of operations for PureSystems and acquire sold over 4,000 systems in over 90 countries.

    Power revenue was down 31% at constant currency. Their declines were driven by both the elevated performance computing segment where they had a stalwart performance final year and the impact of the transition to POWER7+

    Let me step back to provide a broader perspective. They are by far the market leader in Unix. They are expanding their power platform to retrograde after the Linux opportunity. This opening is of similar size to Unix but growing faster. We’ve already had some key successes with wins this quarter in China and in Europe and in fact Watson is based on Power Linux. Though this will snitch time to mature, it provides a true opening for future growth.

    System x is down 8% at constant currency and their storage revenue was down 10% at constant currency. With stalwart growth in their fresh midrange products, storage growth profit was up as their organic Storwize products grew over 50% and replaced older OEM products. The value in storage continues to shift the software. Their storage software which is reported in Tivoli grew 11% at constant currency.

    For systems and technology, this is not the quarter they expected. Their performance was impacted by product transitions and their own execution. They anticipate to better their revenue performance in the second quarter and return to profitability excluding the second quarter workforce for balancing activity.

    Moving onto cash flood in the quarter, they generated $1.7 billion of free cash flood down almost $200 million year-to-year. The year-to-year performance was driven by a decline in their accounts receivable clearance rate and an augment in cash tax payments. These are mitigated by year-to-year profit associated with the timing change of funding their 401(k) and a lower flat of CapEx.

    Looking at the uses of cash, they closed two smaller acquisitions this quarter, StoredIQ and StarAnalytics. They returned $3.5 billion to shareholders including almost $950 million in dividends and $2.6 billion in uncouth participate repurchases. They bought back 12.3 million shares in the quarter, and at the stop of March they had 6.2 billion remaining in their buyback authorization.

    Turning to the equilibrium sheet, they ended the quarter with a cash equilibrium of $12 billion, up $900 million from year-end. Total debt was $33.4 billion of which over $25 billion was in back of their financing business, which has leveraged at 7.2 to 1. Their non-financing debt was $8.2 billion, down $600 million from year-end. At these debt levels non-financing debt to cap was 34% down two points from year-end. They continue to acquire a elevated degree of monetary flexibility and their equilibrium sheet remains stalwart to back the trade over the long-term.

    So now let me start to wrap up with the summary of the drivers of their operating earnings per participate performance this quarter. Their revenue decline impacted their earnings growth by $0.14. The contribution from margin was $0.23 with uncouth pre-tax and net margins every up year-to-year, driven by their ramble to higher value, margin expansion and services, and a lower tax rate resulting from changes in tax law during the quarter. A lower participate weigh resulting from their ongoing participate repurchase program contributed an additional $0.13.

    For the quarter, they delivered 8% operating earnings per participate growth. As I said at the beginning of the call, the quarter didn’t stop the pass it started, so they are going to roll up their sleeves and accumulate this back on track. First by improving their sales execution to nearby the roll over deals in software and mainframe, and recoup their position in the growth markets. Next by taking the bulk of their workforce rebalancing actions in the second quarter, they will start to accumulate the benefits from those actions earlier in the second half.

    Finally, by taking actions to better their under performing businesses including expanding their power platform to address the Linux opening and leveraging their investments in scintillate and midrange storage solutions. Some of these actions will relent benefits quickly while others will play out overtime.

    And of course, they are going to continue to deliver on the core elements of their trade model, as they continue to shift to higher value, leverage their key growth initiatives, drive productivity across the enterprise, invest in innovation, and return value to shareholders.

    Now we’ve got a lot of travail to do, but they know how to accumulate it done. By the stop of 2013, taking into account their operational performance, benefits from workforce rebalancing activity and gains and charges, they anticipate to deliver at least $16.70 of operating EPS for the year. every of this is consistent with their objective to achieve at least $20 of operating EPS in 2015.

    Now Patricia and I will snitch your questions.

    Patricia Murphy

    Thank you, Mark. Before they originate the mp;A, I'd relish to remind you of a brace of items. First, they acquire supplemental charts at the stop of the deck that complement their prepared remarks. And second, I’d quiz you to abstain from multipart questions. When they conclude the mp;A, I'll whirl the convene back to heed for final comments. Operator, please open it up for questions.

    Question-and-Answer Session

    Operator

    Thank you. At this time, they would relish to originate the question-and-answer session of the conference. (Operator Instructions) The first question comes from Toni Sacconaghi with Sanford Bernstein. You may quiz your question.

    Toni M. Sacconaghi – Sanford C. Bernstein & Co. LLC

    Yes, thank you. Mark, I just wanted to effect certain I understood what you are commenting for Q2 and how that relates to the rollover impact that you acquire furthermore mentioned, so I contemplate you said that operating EPS growth would be similar in Q2 to Q1, which I contemplate was about 3.5%. I am surprised that that’s not dramatically higher than it was in Q1, because you acquire a much easier comparison. And furthermore because you’re suggesting that you had several $100 million in pushed out revenues that’s elevated margin. In fact, I contemplate if you travail backwards from consensus, you miss revenues by $1.4 billion, if you snitch their currency you miss by almost a $1 billion. If you really were on pass other than flip deals that would hint that, you should acquire a $1 billion of elevated margin incremental deals next quarter. And I’m not certain why your pretax, why your EPS growth wouldn’t be a lot higher?

    And related to that, are you expecting any EPS growth after your restructuring charges in fiscal Q2?

    Mark Loughridge

    Okay, let me talk through that. First of all, when you sight at the second quarter, in your comments on the second quarter, they acquire a very marvelous set of rollover transactions going into the second as you correctly pointed out and if you sight at that composite that rolled over the deadline for us. We’re talking about more than $400 million of mainframe software and intellectual property.

    Now, so that does give us self-possession in the second quarter. But Toni, I did not strike to bespeak that every wells would furthermore be on the original performance track. So, in fact, I silent believe there are parts of their trade that are transition and acquire been underperforming that furthermore were disappointing that undertakes sometime to recover.

    So, let me Do a brace of things to encourage to clarify that. If they sight at the first quarter, I contemplate their total services trade did execute as expected on an I&E basis. Revenue was about what they saw in the fourth quarter, pretax profit was up 10%.

    The true positive news is at the services trade in the first was in fact backlog performance. So backlog was up 5% at constant currency, and I am certain you’ve looked at every the supplementals. We’ve clearly had a mighty quarter for bookings, up almost 50%. So that drove a lot of fresh trade in the quarter. That backlog performance is well distributed. Major markets backlog is up 3%, growth markets backlog is up 10%.

    If you sight at the other elements through the different axis, outsourcing backlog up 4%, transactional at 9%. So I contemplate the teams in services delivered on their objectives on profit and they did sign a lot of fresh trade and I would restate you, when you sight at the content of the deals they too acquire rolling into the second quarter, they’ve got a very stalwart lineup.

    So with that I contemplate that for both of the services businesses, by the time they accumulate into the second half, they should be growing at the low solitary digit and I snitch that at about 2% to their constant currency for both of them. We’ll start to behold this backlog really better their performance.

    Second, as you did point-out and I quite accord with your comments, they had a shortfall in the sales execution in their software mainframe businesses, those should rollover and they should present those with very marvelous performance in the second quarter. Now, buyback, I strike in that over $400 million of mainframe software and intellectual property that rolled over, they should behold their strategic middleware, I contemplate and kindhearted of the double-digit framework which will give us total software in mid-single digits, they should behold their mainframe trade at double-digit as well. So with that performance, really their STG trade should return to profit in the second quarter.

    Third, when you sight at their growth initiatives, I contemplate that to be quite lucid about it was merge Smarter Planet I contemplate did well, up 25% of cloud business, up 70%, I thought they did well and it came across content that they sell to their customers, so they can setup a private cloud, that was up more than 75%, managing that content for their customers in private cloud doubled their software as a service business, was up 65%, so every those elements acquire performed well.

    But on the other side, their growth markets revenue was up only 1%, so they necessity to accumulate that back to that mid solitary digit characteristic that we’re looking for in the second quarter. If you looked at their metrics today and attach them on the table, they would be pointing at mid solitary digit performance.

    But I contemplate to the point that I was making earlier, there is certainly their parts of trade that I attach in the category of underperforming and they did disappoint us in the quarter, power storage products within that, and I Do contemplate in Power, if you sight at their performance in that opening of unit space, once again they picked up share, but it doesn’t strike much if you’re declining at double digits.

    Now, allotment of that was compared based on elevated performance computing, but these dealers subtract that their double digit decline, so fresh products are going to snitch some time to better their performance, by betray six to nine months, but they furthermore necessity to ramble into fresh opportunities bases relish Linux and Blu-ray, they Do acquire some true success there and the Linux marker birthright now is as huge really the Unix market and growing more rapidly.

    And then in the storage products, they necessity to snitch advantage of the scintillate remembrance content that they built-up and that they reviewed and [armoured in], if you sight at the second quarter scintillate remembrance could better that storage growth rate by about 1.5 and by the time they accumulate to the fourth quarter by three to four points, but those elements are going to snitch more time than I contemplate they would originally acquire thought.

    The other point that I would restate you about the second quarter, I want to be lucid about is the Yen. So the Yen had an impact, total currency had an impact of about 1.5 in the first quarter, and then they behold about two points in the second quarter and currency spot rates, it lead to a year of about two points impact; a lot of that impact is frankly the Yen, and you acquire seen how much the Yen has moved in a short era of time.

    Now, when they hedge free cash flow, they hedge the underlying cross rim cash flows, so you minister to acquire royalties for software, you acquire class or hardware content, really related to the huge export trade that they do.

    But on services, you don’t acquire that underlying cross rim cash flood to hedge and most of that is done on a local basis with local resources and local competitions, not many cross rim cash flows and a lot of that content especially in Japan. And in Japan, the lion participate of the trade and I strike they are talking 75% to 80% is software as a service’s content.

    So when they accumulate hit by the Yen in their largest country without the competence to hedge that free cash flood on a cross rim basis, that does hold the bottom line and they acquire looked at the impacts in the second quarter at about $0.10.

    Patricia Murphy

    Thanks Toni, can they retrograde to the next question please?

    Operator

    The next question comes from Steven Milunovich with UBS. You may quiz your question.

    Steven M. Milunovich – UBS Securities LLC

    Thanks Mark. First I wanted to clarify the employee workforce charges in the second quarter, are you excluding that from your operating earnings guidance or is that to a inescapable degree in there? In the past, you acquire often been able to find gains to offset that. But it sounds relish you’re kindhearted of excluding that. Now, I just marvel if you observation on the environment, you acquire some execution problems in the third quarter final year. You acquire currently got some at the first quarter, it’s sounds relish either you necessity to maybe swap up some managers or more likely everybody is missing enterprise numbers this quarter. What Do you contemplate is going on? Is it macro or is it people looking at their cloud architectures, and just the lame things then why particular at the stop of the quarter.

    Mark Loughridge

    Okay, let me snitch both of those questions. I’m going to start with your first; first of every let me attach this in context. So, when they gave their original guidance in January this year, they said that this year would be relish other years and that they are going to buy and sell businesses. We’re going to record gains and charges, they are going to invest in innovation, and continue to rebalance their workforce to future opportunities. And they said that in an all-in basis they feel confident with an at least $16.70 of operating EPS for the full-year and that is fill the case.

    Now, in the first quarter, they recorded 8% EPS growth and as they sight at their reserve of trade especially the force of the rollover deals for software mainframe, they should behold similar year-to-year EPS growth in the second quarter, just as they had the conversation around Ton’s question. However, this will be further impacted by workforce rebalancing charges, which I will arrive back to, so in the second half of the year, they would anticipate their EPS growth to better in the third quarter and further better in the fourth quarter to double-digits. So, even excluding the second quarter workforce rebalancing imbue and second half gains they feel that very confident they can achieve the 9.5% EPS growth for the year to drive at least $16.70 of EPS.

    Now, remember final year they had about $800 million in workforce rebalancing charges spread across the year. This year they anticipate the workforce rebalancing charges to be closer to $1 billion and concentrated in the second quarter. So they really haven’t finished the travail for a specific action yet. relish final year, they anticipate the bulk of that imbue to be outside the U.S., and with that on an every in basis including every gains and charges, we’re confident they can achieve at least $16.70 of operating EPS for the year just as they said in January.

    Now, on your second question regarding the first quarter, let me give you a view on kindhearted of outside of the table, the IBM Corporation and then I will give you a sentiment for some of those macro issues that they furthermore faced. So I contemplate as they explained in the prepared remarks that by and great this is an execution problem. I strike they should acquire closed on those rollover deals and they thought they had them birthright up to the stop and they attach a lot of travail into how to build that pipeline and their execution against it to compensate it a pass for Easter at the stop of the quarter. And the final time they had an Easter in March was 1Q ’05 and that was furthermore very disappointing quarter for us.

    But with those deals affected by Easter well, the bulk of that 400 plus deals that closed across the deadline, the bulk of them I strike really by far of the majority were in Europe and they were in the U.S., so it’s arduous to imagine that they weren’t affected by Easter.

    Secondly, if you sight at the U.S. weather effect of the, some effect of the sequester that’s arduous to measure, I can’t restate you that their U.S. Federal trade is down 13%, which was certainly a drag on the U.S. performance. But I contemplate the other element that in a way, they kindhearted of misjudged. The change in the Chinese government really ripples down every the pass to the provinces and state-owned businesses. And as they went through that, I strike we’re talking about once every 10 year event, as they went through that with the team, I don’t contemplate they fully accounted for the impact that would have.

    And then the final point I would effect is the yen. But once again, I want to return to the point that had they simply closed on those deals, at the stop of the quarter, they would acquire certainly had enough trade to nearby the first and enter the second with the strength.

    Patricia Murphy

    Thank you, Steve. Operator, can they snitch the next question please?

    Operator

    The next question comes from Ben Reitzes with Barclays. You may quiz your question

    Benjamin A. Reitzes – Barclays Capital, Inc.

    Yeah. Hi, Mark. I wanted to quiz about your cash usage in the second quarter, if you had such marvelous bookings, in the second half it is going to be so much better. It would appear that it would be prudent to accelerate your buyback and you acquire the $6 billion left. And then, I furthermore wanted to sneak in another and ask, there are some speculation that you might sell the x86 server trade on the tape and maybe you mentioned divestitures in your prepared remarks, just wondering if you could intricate on that and clarify what we’re hearing?

    Mark Loughridge

    Sure. First of all, let’s talk about the cash and the implication for cash. So, if you sight at the first quarter, their free cash flood was $1.7 billion and as they pointed out that’s down $200 million. Now there were two very part implications to that that I will cover now. But first is the impact of cash taxes; the second, sale cycle working capital. So let’s snitch cash taxes first. If you sight at cash taxes, in fact on a year-to-year basis in the first quarter, cash taxes were an impact about $200 million, and as they side the second quarter there will be an impact of about $900 million and for the year, as much as $2.4 billion.

    So if you sight at their free cash flood performance in the year, excluding that cash tax implication, I feel confident that we’ll be growing their free cash flood outside of that, but we’re not going to overcome $2.4 billion of additional taxes in the year. If you sight at that as a percentage against the booked tax rate in the first quarter of about 17% on an operating basis, actually their cash tax rate was about 30%. And if you roll that out through the quarters for the year, this year it would be cash tax rate and the reserve tax rate they anticipate to relatively converge on a replete year basis.

    Now, let’s talk about sales cycle working capital. That too was an impact of about $200 million in the quarter. Against that what they did behold is a growing propensity for late payments on customers’ growth and frankly their receivables clearance rate, the rate at which they lucid them was not as marvelous as they had expected either. And then lastly, in the negotiations on deals a lot of attention on their customer side on (inaudible) affecting the cash flood elements, receivable payables, in some respect even more than price. So what they saw, what they took from that is lot of attention to their cash equilibrium and holding on to that cash balance.

    Now every of this content however I want to reassure you what’s considered as they went through the view of free cash flood across the roadmap in that compass of $90 billion to $100 billion. And so very, very confident that we’re going to complete the $50 billion of participate buyback. If you sight at it, we’ve done almost $30 billion to date, $20 billion of acquisition is a very realistic number both from cash availability and opportunities and $20 billion in dividend for a total of $90 billion and with that they should silent acquire marvelous monetary flexibility at the stop of 2015.

    Secondly, on speculation and rumors I’m obviously not going to observation on rumors Ben.

    Patricia Murphy

    Thanks, Ben. Can they retrograde to the next question please.

    Operator

    The next question comes from Katie Huberty with Morgan Stanley. You may quiz your question.

    Kathryn Huberty – Morgan Stanley

    Thanks. Hi, Mark. First how much of the $400 million Intel 8 deals acquire you closed so far in April. And then just nosy if you contemplate there is a reasonable explanation for why, IBM was able to nearby so many great services deals in the quarter, but customers at the same time are delaying the actuality in software purchases, could they be seeing customers taking a step back and reconsidering their IT infrastructure, and maybe looking more at the cloud and needing services for that that’s delaying their infrastructure purchases? Thanks.

    Mark Loughridge

    So if you sight at the $400 million in deals, my undergo in this locality is when you nearby that baseline you kindhearted of reset to a skew across the quarter, it does every nearby if you retrograde into the next month period. Now that said they acquire closed some substantial deals in that category, but we’ll behold those, I contemplate kindhearted of generally feathering across the quarter based on their customer buying patterns, not just ours.

    Secondly, when you sight at the services content, they just had a mighty pipeline of deals teed up birthright from the beginning. And so, if you looked at their performance on a week by week by week basis they just had a head esteem the entire quarter. If you sight at the software mainframe content, I silent contemplate mainframe did a reasonable job of 8%, but compared to a more typical z succession cycle, I contemplate they could acquire done by their math another 100, 150 and that kindhearted of is the quantification of the deals crossing the date line into the second quarter.

    On the software side of the house they had a very marvelous listed deals and I contemplate this was just unadulterated execution. They should acquire closed those on a sales side. They got to accumulate off to a marvelous start as they retrograde into the second quarter. They had tremendous number of views with the management team and software and the monetary team and software and they felt very confident in their position going into the second quarter.

    Patricia Murphy

    Thanks, Katie. Can they got to the next question please?

    Operator

    The next question comes from Bill Shope with Goldman Sachs. You may quiz your question.

    Bill Shope – Goldman Sachs

    Okay. Great. Thanks. I acquire a question on the guidance as well. Mark, can you clarify the effective tax rate you’re assuming for the replete year? I know you talked about the next three quarters, but your previous guidance coming into this year was for 25% rate for the replete year and obviously this quarter the tax rate was a fairly vigorous profit for EPS. So including that does your replete year guidance imply pre-tax performance that was quite a bit below what you previously expected, and given the incremental restructuring you’re talking about as well as the closing of some of these slip deals, can you talk about that shortfall relative to your previous pre-tax expectations?

    Mark Loughridge

    Yeah. They would behold the equilibrium of the three quarters per year at a reserve rate of relatively 0.5% and putting everything into those categories and any unique events that they might have, they contemplate that replete year is probably going to be in the compass of about 24%. So going through a first quarter that replete year view of the trade being within about 1% as I contemplate pretty reasonable.

    Now when you sight at the tax rate, there are really two things that really drove that. You got to recognize when they accumulate an event within the quarter, they acquire to recognize that on their tax rate, their reserve tax rate within the quarter. relish many that are reporting, they took advantage as they were required to. The tax extenders that was excluding the investment tax credit was in a sense the retrospect of reinstatement and that affected their tax rate, but the results so within the quarter change in tax law within fresh York status that furthermore had an effect. So, really that change in the tax rate was due to change in tax law within the quarter, and the change in fresh York status was relish March 29.

    Patricia Murphy

    Thanks Bill. Let’s retrograde to the next question.

    Operator

    The next question comes from David Grossman with Stifel Nicolaus. You may quiz your question.

    David Grossman – Stifel Nicolaus

    Thank you. Mark, you acquire mentioned comments about the growth markets and it sounds relish if I heard you correctly that the rollover was primarily in the U.S. and Europe and I know you mentioned China is being a amaze initiative in the quarter, but were there any other things that you can talk about that impacted growth in the growth markets and encourage us understand what kindhearted of visibility if any you acquire on improvement as they retrograde into the second half of the year?

    Mark Loughridge

    Yeah. So if you sight at the content within the growth market and you sight at it by the trade categories, about 20% of the trade in the growth market is the hardware STG content, slightly over 20%. So if you sight at about a fifth of it and sight at the equilibrium of the business, the equilibrium of the trade in the software services content really performed in that kindhearted of mid-single digit framework that they discussed.

    Now, underneath that they certainly weren’t satisfied with that hardware content, but I contemplate outside of the hardware content they did arrive through in that mid-single digit category that was consistent with their objective. Now if you sight at GMU from kindhearted of a category, really Latin America did a mighty job, up 14%. When they sight at Central Europe and Russia, they minister to be transactional deals more volatile. They had in Russia, it was pretty broad swinged in the quarter. So the issue that they saw really was the growth market content in Asia, and with Asia it was pretty much specifically China. So China needs to Do a marvelous job responding from that going into the second quarter. They Do acquire tough comparison rear view mirror for the second and third quarter. They were up mid-20s and 19% in the third. But I contemplate they too acquire had a marvelous record on hardware content. We’re not solely conditional on that hardware content and if you sight at even from a services standpoint, the backlog growth in growth markets was 10%, which has given them some opening there as well.

    Patricia Murphy

    Thanks David. Operator can they snitch the next question.

    Operator

    The next question comes from Peter J. Misek with Jefferies LLC. You may quiz your question.

    Peter J. Misek – Jefferies LLC

    Thank you. Just a question on Smarter Planet Watson pipe initiatives, can you walk through how much of hardware revenue was tied into that and how they should be modeling in that going forward? You reported that some of the Smarter growth initiatives were outstanding, but correspondingly they had weakness on the hardware side. Seems to be bit of a disconnect there. Maybe you can encourage [console that].

    Mark Loughridge

    Well, when you sight at the trade analytics content and you sight at the Smarter Planet content, really the key in them is the relationship between the GBS content that lead those engagement, and frankly, the more needful linkage there is the software content. That’s why when they sight at the margin along those key initiatives access, they minister to be really elevated because that merge in software minister to be about 50%. So when you sight Smarter Planet and trade Analytics, the missing ingredient there was the software content. Again that kindhearted of got hung up at the stop of the quarter.

    Actually the GBS team did a very, very marvelous job on both. And frankly, if you sight underneath the GBS profile and crash it down to the components parts, they did a mighty job in the parts of their trade aligned with those growth initiatives. They were silent some impact and some categories on those traditional packets depth. Those traditional packet depths minister to acquire been more wrap a turnover, but the content and their backlog that they are pile along these growth initiatives should be sustaining and long-term with, I think, marvelous margin performance. But when I sight at the growth initiatives in the first quarter, the impact that was a more material I contemplate was the software performance, the services performance did very very well, it’s that software performance that drive the margin content within them.

    Patricia Murphy

    Thank Peter. Can they snitch the next question please?

    Operator

    The next question comes from Keith Bachman with Bank of Montreal. You may quiz your question.

    Keith F. Bachman – BMO Capital Markets

    Hi heed could you talk a minute about your self-possession for the services more broadly. In the past you’ve been reluctant to provide top line expectations and you’ve indicated that you thought both GTS and GBS would acquire positive growth in the second half of the year, I contemplate you even called out kindhearted of 2% constant currency. Could you just restate that a minute bit because the signings were very strong, but particularly in outsourcing so I’d be surprised if that really helped as early as the September quarter, was there other things like, you are not loosing participate in the market as you, I contemplate acquire been over the final brace of quarters as you accumulate more selective, is there something going on there. In addition if you could just talk about what the pipeline looks relish after the $17 billion in signings this quarter. Thank you.

    Mark Loughridge

    Yeah, when you sight at the content in the services performance again I would kindhearted of steer the conversation to backlog and on a constant currency basis their outsourcing backlog was up 4%, but their transactional backlog was up 9%, so we’re now seeing the GBS trade as an example that they’ve been piling up backlog growth now for four years and that is going to materialize, it just tended to be as they did further analysis, it was a longer term contract, but mathematically as they went through with the team, if they can continue this rate that we’ve seen and they Do acquire a very marvelous deal structure going into the second quarter. Simply the math would hint that they should be able to accumulate back to this low solitary digit kindhearted of 2% constant currency revenue growth and with that with every of the travail that they acquire done on their cost base, which they Do so well they should accumulate a lot of leverage of that capability in the second half.

    Patricia Murphy

    Thanks, Keith. Let’s retrograde to the next question please.

    Operator

    The next question comes from Joseph Foresi from Janney Montgomery Scott. You may quiz your question.

    Joseph Foresi – Janney Montgomery Scott

    Hi, I just wanted to kindhearted of follow-up on that, the final question that was asked, in the services trade Do you feel relish you fully whirl the corner there, and Do you anticipate the backlog to grow, I know you’ve given some commentary on the trade growing, and then finally can you quantify or encourage us understand the margin impact as you become more profitable on the GTS side?

    Mark Loughridge

    Well, I contemplate when you sight across those services trade they acquire done a very marvelous job of kindhearted of delivering on the margin capability even through more challenging revenue quarters. So the key ingredient I contemplate to continue that margin performance is getting back to revenue performance in the second half of the year. I don’t know if I’d betray they turned the corner on growth I contemplate we’ve got to accumulate to the second half to behold the growth, but it’s pretty encouraging if you can see, 5% growth in the constant currency backlog when you’re talking about $141 billion of that. I strike that’s a lot of backlog to ramble in a quarter. So that’s the number one point I would effect on that. But number two, they had a lot of deals in the services side of the trade across that date line as well stop of the second. So they certainly did not believe the pie just establishing this flat of performance at the first quarter, they should acquire based on the deals based on the trajectory, a lot of opportunities to acquire another very marvelous quarter.

    Now, obviously within next quarter, mainframe or software or services, you acquire to nearby the deals, you retrograde to win and you got to win in the customer office, so, that dimension of course, but within that the opening to Do well in the second quarter I contemplate is certainly there and that should drive second quarter revenue performance.

    Patricia Murphy

    Thanks Joe. Operator, let’s snitch one more question, please.

    Operator

    Thank you. The final question comes from Jim Suva with Citi. You may quiz you question.

    Jim Suva – Citigroup

    Thank you very much. And Mark, just a quick follow-up; on the service side, where Do they snitch a sight at the backlog and or the signing, can you encourage us understand about, were those improvements that you saw, are they concentrated on a brace of customers that were larger in size or they’re just scattered amongst a lot of smaller ones and maybe what geographic locations that you saw on backlog and signings?

    Mark Loughridge

    Well, I contemplate the best answer, when you sight at the content underneath that, I strike they had it wasn’t relish one content. They had 22 deals over 100 million, so there is a lot of flood in those deals and there was a lot of flood on the GTS side, there was lot of flood on the GBS side. This was not just one deal. It was well distributed. They had 22 deals over 100 million, there is a lot of deals over 100 and it was across the geography. So I contemplate that was marvelous performance.

    So now let me effect a few comments to wrap up the call. They are clearly not immune from changes in the global economy. They acquire a marvelous set of plans and actions to achieve their objective of at least $16.70 of operating EPS for the year. First, their sales team necessity to nearby those rollover transactions that they discussed. Second, we’re going to regain their position in the growth markets and the growth markets team necessity to lead that. I strike if you sight at the metrics birthright now, it clearly points in GMU to that mid-single digit constant currency performance and mainly to accumulate that back on track.

    Third, we’re going to rebalance their workforce to better align their resources to opportunity. Fourth, reposition Power to address the Linux space. And five, capitalize on their scintillate technologies and storage node. Clearly those final two will snitch some time, it’s not going to every prop back in the second quarter, but it should give us a better trajectory as they retrograde through the year.

    We’re managing their trade to be successful over the long-term. So not only did these actions back their view of the year, but they’re allotment of a model that continues transformation as they ramble towards the 2015 roadmap objective of at least $20 of operating EPS. So thanks again for joining us, and now as always accumulate back to work.

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