A Taiwan based the largest mobile telecom and fixed-line carrier Chunghwa Telecom (CHT), on May 9 has declared its cooperation with International Business Machines Corp. (NYSE:IBM) Taiwan.
In this cooperation CHT will launch some software including SaaS (software as a service) for medical care, education, tourism, and retail. While Smart PaaS “platform as a service” for ISVs “independent software vendors,” which mostly include small- to medium-size ISVs from the country.
CHT has said our company and IBM Taiwan, after examining the proposals from interested ISVs would accept or reject the proposals.
CHT has also added, IBM Taiwan through its international-level consulting services will help selected ISVs to develop environment for business operations and software development and set up business models in the incubation stage.
Despite these help provided by IBM Taiwan, the ISVs will also develop tools and build new testing services for software development.
While at the end part of marketing, Chunghwa Telecom will help the ISVs to market their products through hiCloud Mall. And CHT’s platform will provide them cloud computing services.
Stock Highlights
In current trading activity, International Business Machines Corp. (NYSE:IBM) stock opened at $203.37 hit maximum price of $204.53 and currently trading at $204.12.
Revenue Measures
International Business Machines Corp generated sales of $103.24 billion in last twelve months with income of $16.57 billion. The Company showed a positive 16.05% in the net profit margin and its operating margin is calculated as 20.99%. Company’s annual sales growth for the past five years was 1.13%.
IBM past twelve months price to sales ratio was 2.18 and price to cash ratio recorded as 18.79. As far as the returns are concern, IBM return on assets stayed at 14.25% while its return on equity recorded as 83.28%.