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IBM Unveils New Flagship Office at One Madison Avenue in New York City

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New location reaffirms IBM’s commitment to the growing technology industry ecosystem of New York City and State

NEW YORK, Sept. 6, 2024 /PRNewswire/ — IBM (NYSE: IBM) today celebrated the opening of its new flagship office at One Madison Avenue, marking a significant milestone for the New York-based global technology company. The ribbon cutting ceremony featured remarks from IBM Chief Executive Officer Arvind Krishna, Senate Majority Leader Chuck Schumer, New York Governor Kathy Hochul, President and CEO of the Partnership for New York City Kathryn Wylde and others, as they welcomed IBM employees, partners and community members.

“One Madison Avenue demonstrates a new chapter in the partnership between IBM and the city and state of New York. It joins a long tradition of IBM contributions to New York’s thriving technology industry, including our deep partnerships with academic and research institutions across the state,” said Krishna. “This move will allow us to bring our employees, clients and partners together to work on exciting technologies, from enterprise AI to hybrid cloud to quantum.”

“IBM’s new flagship office in New York is the latest sign that our post-pandemic economy is roaring back to life,” said Governor Hochul. “Since its founding in Endicott in 1911, IBM has been synonymous with science and technology, creating thousands of jobs and boosting economic growth. Innovators, scientists and coders from across the globe are flocking to New York, and we look forward to the next century of success.”

“With IBM’s new office at One Madison, the future is bright for IBM, for New York City, and for our entire state,” said Senator Schumer. “It’s a new chapter for IBM in NYC that will support thousands of jobs and contribute to the incredible growth of the tech industry in New York City. I’m proud to support IBM’s new investments to reimagine this wonderful, historic building and position New York to be a leader in innovation. I will work relentlessly to make New York City—and all of our state—a leading hub for AI, semiconductor chips, quantum computing, and more.”

New York City’s economy is stronger than ever, and we’re creating more jobs and opportunities for New Yorkers every single day,” said New York City Mayor Eric Adams. “With yet another global-leading company doubling down on its commitment to New York City, we are continuing to build the foundation for a more prosperous, equitable, and affordable future for New Yorkers across the five boroughs. Thank you to IBM for your belief in our city, and congratulations on this opening.”

“IBM as a company has been the anchor of New York City’s fastest growing industry – the tech sector – our greatest source of new talent,” said Wylde. “The company has played a huge role in the positive trajectory of the city and they are an important source of support to all our member companies keeping New York a global commercial center. Whether it’s the work they do for our municipal government, state government, or the education system, across the board they have been the innovation center for the public sector as well as the private sector.”

Located at the southeast corner of Madison Square Park, the new 270,000 square-foot IBM office spans five floors of One Madison Avenue – owned and managed by SL Green Realty Corp. – and will be home to more than 2,000 New York-area employees. IBM enlisted global architecture and design firm Gensler to co-create an agile, state-of-the-art workspace that facilitates collaboration, fuels productivity and spotlights innovation.

Employees, guests and the community will be welcomed into One Madison Avenue through an expansive street-level lobby, featuring floor-to-ceiling windows and a 40-foot-long Quantum Wave light sculpture, prominently displayed as a symbol of emerging and future technology. An escalator leads to the second-floor reception space, where the circular IBM “Blue Bar” serves as a gathering space overlooking Madison Square Park, and the 22,000 square-foot Innovation Studio brings IBM’s latest technology to life through immersive experiences.

Workspaces were purposefully designed to meet the evolving needs of IBM employees and future talent. A variety of different environments have been incorporated throughout – including individual zones (independent work), collaboration zones (meet and congregate) that can accommodate groups of three to 300, and community zones (unwind, reset, socialize) – offering flexibility and choice.

Sweeping park and city views are a focal point of the interior across all five floors, bringing the beauty and energy of the neighborhood inside, while a 25,000 square-foot outdoor terrace features pollinator gardens with over 40 different plant species – 50% of which are native to the region. Positioned to be among the most notable adaptive reuse projects of present-day New York, the LEED Gold CI certified building will utilize IBM solutions including Maximo and Envizi to track, analyze and report sustainability progress.

According to Marc Holliday, Chairman and CEO, SL Green Realty Corp., “IBM is a global technology innovator leading the way in AI, automation and cloud-based solutions. It embodies resiliency, grit and the spirit of progress and constant transformation. One Madison Avenue tracks the history and evolution of New York City and of IBM. We couldn’t be more proud to be home to their new flagship New York City office.”

“The One Madison Avenue workplace hub was designed as an innovation engine and community forum that will extend IBM’s legacy as a leader in New York City’s digital economy,” said Amanda Carroll, Managing Director, Gensler. “Embedded in the heart of Manhattan’s Silicon Alley, One Madison Avenue is an empowering platform for IBM’s employees and clients to connect, create and innovate on some of the world’s most complex technological problems.”

One Madison Avenue consolidates previously held IBM offices across New York City, bringing employees together in one centralized hub. It is expected to achieve full occupancy in October 2024.

Additional Statements on the Opening of IBM’s Office at One Madison Avenue

Joanne Wright, Senior Vice President, Transformation and Operations, IBM
“In designing One Madison Avenue, we set a bold vision to create a vibrant, innovative, and inclusive work environment. Today, we’re unveiling a modern workplace experience in the era of AI, inspiring a culture of collaboration and innovation that drives growth and prosperity for clients, partners and IBM.”

Sheena Wright, First Deputy Mayor of New York City
“The opening of IBM’s new flagship office is further indication of New York City’s strength as a center for global commerce. The continued commitment from businesses to our city, whether it be international corporations or budding entrepreneurs, further galvanizes our economy and creates more career opportunities for New Yorkers.”

Andrew Kimball, New York City Economic Development Corporation (NYCEDC) President and CEO
“IBM’s commitment to deepen its roots here in New York City reaffirms that the city’s tech sector is unlike any other with its diverse economy, talent pool, innovation ecosystem, and vibrant culture, making it the ideal location for new and established companies to flourish. IBM’s brand-new office space at One Madison Avenue in the Flatiron district will undoubtedly contribute to the city’s robust tech ecosystem and dynamic economy.”

B.J. Jones, “New” New York Executive Director
“IBM’s new flagship office generates economic opportunity and vibrancy, enhancing the live-work-play power of the Flatiron and NoMad neighborhoods. In creating a place where people want to work, IBM is further making our city the place where people want to be.”

Maria Torres-Springer, Deputy Mayor for Housing, Economic Development and Workforce
“IBM’s new flagship office at One Madison only deepens New York City’s strength as one of the greatest tech ecosystems in the world. IBM’s footprint in the area will undoubtedly help to shape the future of Midtown, complementing the City’s work to create affordable housing and making the area into a truly 24/7 mixed-use neighborhood.”

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact
Jessica Chen
IBM Communications
jessicachen@ibm.com

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HighByte Launches Namespaces, Releases Next-Generation Industrial DataOps Solution for Global Manufacturers

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Industrial software company announces HighByte Intelligence Hub version 4.0, accelerating adoption of Unified Namespace architectures

PORTLAND, Maine, Oct. 9, 2024 /PRNewswire/ — HighByte®, an industrial software company, today announced the release of HighByte Intelligence Hub version 4.0 with new Namespaces and Smart Query capabilities that advance the Unified Namespace (UNS) architectural pattern and address the key challenges to its adoption. Together, Namespaces and Smart Query enable data engineers to visually design, organize, and govern a UNS and query across it. The major release also includes a refined data modeling engine that makes it easier to create, manage, and validate more complex models and a native integration with Inductive Automation’s Ignition platform, enabling users to easily integrate this leading SCADA and IIoT platform into their enterprise data strategy.

“HighByte Intelligence Hub is crucial to our industrial data strategy. It allows us to break down silos and deliver structured data into a unified namespace,” said Brent Wassell, Principal IT Business Analyst at McNeilus, an Oshkosh Corporation Business. “The native integration with Ignition changes the game, allowing for greater scalability and faster deployments across our operations to drive digital transformation.”

HighByte Intelligence Hub is an Industrial DataOps solution that contextualizes and standardizes industrial data from diverse sources at the edge to help bridge the gap between OT and IT systems, networks, and teams. HighByte leads the evolving Industrial DataOps market with the most complete solution to optimize the orchestration of usable industrial data across the enterprise.

“Industrial connectivity is evolving beyond just linking industrial systems. It’s about creating a data-driven ecosystem. With advancements like DataOps, manufacturers can access and manage data more efficiently than ever, unlocking new levels of productivity and operational intelligence,” said Anand Taparia, Principal Analyst at IoT Analytics, a leading global provider of market insights. “The global industrial connectivity market is projected to grow from USD $89 billion in 2023 to USD $104 billion by 2028, with software, especially DataOps, being the fastest-growing segment at 49% CAGR.”

The latest release also includes major updates to Pipelines, improving data orchestration and observability and establishing Pipelines as the center of data movement in the Intelligence Hub. New Flow, Event, and Polled stages support time and event-based triggers. Additionally, Model and Model Validation stages have been added to help enforce data governance. Users can also expect a completely new UX that centers configuration around Pipelines with its intuitive graphical builder.

HighByte Intelligence Hub version 4.0 is now commercially available. All new features and capabilities introduced in version 4.0 are included in standard pricing. Please contact HighByte or an authorized distributor to request a trial or purchase a subscription license.

Additional Resources

Read more about HighByte Intelligence Hub version 4.0Download the Data Modeling Guidebook See all company and product news 

About HighByte
HighByte is an industrial software company in Portland, Maine USA building solutions that address the data architecture and integration challenges created by Industry 4.0. HighByte Intelligence Hub, the company’s award-winning Industrial DataOps software, provides modeled, ready-to-use data to the Cloud using a codeless interface to speed integration time and accelerate analytics. Learn more at https://www.highbyte.com.

HighByte is a registered trademark of HighByte, Inc.

Media Contact
HighByte
Torey Penrod-Cambra
Chief Communications Officer
+1 844.328.2677 x701
torey.penrod-cambra@highbyte.com

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Apollo GraphQL Unlocks the Value of Enterprise APIs with New Innovations

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Apollo Connectors for REST APIs available today to enable next-gen intelligent app development

Additional new product enhancements help enterprises improve developer efficiency and API performance

Coinbase, Indeed.com, JUCR among hundreds building their API strategies using Apollo GraphQL, also presenting this week at GraphQL Summit 2024 among many industry leaders designing, building, and operating GraphQL at scale

SAN FRANCISCO, Oct. 9, 2024 /PRNewswire/ — Apollo GraphQL, the GraphQL API Platform company, today announced Apollo Connectors for simplifying GraphQL API integration. Unveiled at GraphQL Summit 2024, this groundbreaking addition to Apollo’s product suite empowers organizations to leverage GraphQL as a complementary platform that sits atop existing services with minimal overhead, enhancing the flexibility, speed, and efficiency of API integration. By reducing the need for middleware and boilerplate code, Apollo Connectors further position Apollo at the forefront of the GraphQL API market. Apollo Connectors for REST APIs is available today in public preview.

Many organizations recognize the potential of GraphQL but struggle with managing various APIs and maximizing the value of their existing REST API investments, which often fetch too much or too little data. These challenges add complexity and cost, slowing innovation. As API ambitions scale to develop modern and intelligent applications, the Apollo GraphOS® platform offers an API platform approach that reduces the cognitive load on development teams, allowing them to focus on what matters most—delivering value.

The introduction of Apollo Connectors for REST APIs simplifies this transition further by allowing developers to integrate REST APIs into a federated GraphQL schema, incrementally or all at once, without incurring additional overhead. This pivotal advancement bridges the gap between traditional REST architectures and modern GraphQL deployments, enabling a unified, manageable, and more innovative API strategy across the organization. Apollo also celebrates the fifth anniversary of Apollo Federation, now considered the consensus standard for GraphQL in the enterprise.

“The pace of innovation, driven by AI and the demand for personalized digital experiences, means that organizations can no longer afford to delay modernizing their API strategies,” said Matt DeBergalis, CTO and co-founder of Apollo GraphQL. “Apollo Connectors for REST APIs allow teams to swiftly adapt by incrementally adopting GraphQL without overhauling existing systems. This isn’t just about simplification; it’s about staying competitive in an environment where speed and flexibility are critical. Apollo Connectors are designed to make that transition seamless and immediate.”

Key Features of Apollo Connectors for REST APIs include:

Declarative integration: Engineers can use a simple syntax within their GraphQL schema to connect directly to REST API endpoints, streamlining the process of mapping types and fields to underlying services.

Eliminating the GraphQL server: By eliminating the complexities of GraphQL server development and maintenance, Apollo Connectors reduces technical debt and allows teams to focus on delivering value faster.

Seamless onboarding: Apollo GraphOS provides integrated tooling and a smart editor for VSCode, ensuring a smooth onboarding process for teams of all sizes.

“Apollo Connectors makes it dramatically easier for enterprises to unify their API ecosystem with a federated GraphQL architecture,” said Rob Brazier, vice president of product at Apollo GraphQL. “Almost every organization of significant scale has a large REST API footprint. Apollo Connectors for REST APIs enable our customers to leverage that API footprint, integrating with it to drive innovation without wasting time on risky migrations or waterfall architectural transformations.”

Additional New Product Features Improve Scalability, Speed, and Developer Productivity

Apollo is also unveiling several enhancements to its platform, Apollo GraphOS, and its suite of tools aimed at improving enterprise scale, developer velocity, and platform performance:

Significant performance gains now in Apollo Router Core: Apollo Router Core, now with a new native query planner in public preview that delivers significant performance improvements, reduces resource usage, and cuts latency when processing and planning client requests.

As Apollo customers scale their graphs to handle more clients and increasingly complex use cases, they require a way to ensure that complex GraphQL operations do not compromise performance or lead to denial of service issues. Enterprise customers can use Apollo’s GraphOS Router, which now includes native demand control to help manage and limit operational complexity, to prevent performance slowdowns.

GraphOS Router also introduces entity caching with cache invalidation in public preview. API teams can now store key business entities, such as inventory and user records, in Redis for long-term caching, ensuring responsive and high-performing applications. They also have granular control over invalidating entries based on time to live, subgraph, type, and more. Apollo will also offer long-term support for it, ensuring that enterprises can rely on it for years to come.

Improved developer velocity and performance for API platform teams. Apollo continues to prioritize developer experience with the latest improvements in Rover, its leading command-line interface for GraphOS. The new workflow improvements in Rover integrate it more closely with GraphOS Studio and bring under-the-hood improvements that make it up to 10 times faster for developers to compose large-scale graphs.

Rover now executes commands in parallel and asynchronously, such as composition and fetching, improving speed and reliability, especially for large graphs. Native OS-level threading also makes local composition up to 10x faster.

Beyond performance improvements, Rover now supports subgraph mirroring, an automated workflow that allows developers to seamlessly fetch and test subgraph configurations on their local machines. This new enhancement eliminates the time-consuming manual setup previously required, enabling developers to quickly test new subgraphs and router configurations in a controlled environment, significantly boosting developer productivity. Download the latest Rover release.

Automatically enforce organization-specific standards with enhanced security and compliance. Apollo GraphOS introduces custom schema checks, a powerful new feature that addresses API platform teams’ demand for enhanced schema validation capabilities. This functionality allows organizations to integrate their own business logic, security policies, and governance rules into Apollo’s existing schema check workflow, ensuring that every schema change adheres to company-specific standards. The result is a more robust, flexible, and secure approach to maintaining schema integrity, allowing platform teams to uphold organizational standards in an automated manner while adhering to stringent organizational requirements.

“Our Apollo GraphOS platform and suite of tools give enterprises the capabilities they need to build next-generation intelligent applications,” said DeBergalis. “The enhancements we’re announcing today further our mission to make API platforms more powerful, flexible, and easier to use at any scale.”

Users can experience first-hand the ease of building an expansive GraphQL API through the power of Apollo Connectors for REST APIs. Start today for free.

Join the Conversation at GraphQL Summit 2024

Apollo GraphQL invites developers, engineers, and industry leaders to join us at the seventh annual GraphQL Summit 2024, where over 1,000 GraphQL enthusiasts have gathered in person this week in New York City and online. Sponsored by Xolv.io, Team Duality, and Moon Highway, GraphQL Summit will also be available virtually on November 7, 2024. Register now to explore the latest in GraphQL and API platform engineering and join in the conversation on LinkedIn and X by following #GraphQLSummit.

This announcement and more will be featured in the GraphQL Summit keynote delivered by DeBergalis, which can be viewed today via live-stream here beginning at 9 am EDT and covered on Apollo’s blog. For those unable to attend, GraphQL Summit Virtual will be held on Nov 7 and will feature announcements and presentations from the in-person event.

Customer Validation

“Our partnership with Apollo GraphQL has been key to supporting us to build our business at Coinbase and moving towards a fully federated GraphQL architecture. We’re breaking down our monolith into manageable subgraphs, reducing bottlenecks, and creating a more scalable system. Apollo empowers our teams to scale, innovate, and grow with confidence.” – Stephanie Saunders, Engineering Manager at Coinbase

“At Indeed, we rely on our primary graph, OneGraph, to manage traffic from our native apps, website, third-party vendors, and subsidiaries. Monitoring and controlling these interactions is essential to avoid excessive load on our supergraph and unnecessary fees from third-party APIs. With Demand Control, Apollo has provided us with a high-performance, out-of-the-box solution that safeguards our supergraph from costly operations. By estimating an operation’s complexity before execution, we now have enhanced control over traffic management and can effectively apply rate limits.” – Carlos Gomez, Software Engineer at Indeed.com

“With Apollo GraphOS and federated subscriptions, JUCR delivers seamless live updates to thousands of EV charging sessions across Europe, keeping our customers up-to-date in real-time during their charging experience.” – Max Grollman, Co-founder & CTO at JUCR

About Apollo GraphQL

Apollo GraphQL helps developers help the world by providing a better API platform across teams. Apollo’s open-source software is downloaded 25M times per month and its commercial GraphQL technologies power the most innovative brands today. Teams at Coinbase, New York Times, and Wayfair ship personalized, omnichannel experiences faster with a supergraph – a self-service GraphQL platform that spans any number of backend services. Serving over 5T requests in 2023, the Apollo GraphOS® platform simplifies API development with workflows and infrastructure to build, test, and ship supergraphs at any scale. Based in San Francisco, Apollo is backed by Insight Partners, Andreessen Horowitz, Matrix Partners, and Trinity Ventures. Learn more at: https://www.apollographql.com.

Contact

Jennifer Tyrseck
communications@apollographql.com
(203) 614-9530

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E-Home Household Services Holdings Limited intends to merge and acquire an AI access control system + smart community service company to expand the front-end industry chain.

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FUZHOU, China, Oct. 9, 2024 /PRNewswire/ — E-Home Household Services Holdings Limited (NASDAQ:EJH) (the “Company” or “eHome”), an integrated home services provider in China, announced today that it intends to merge and acquire Fuzhou Yunding Mutual Chain Information Technology Company Limited (hereinafter referred to as “Fuzhou Yunding”).

Fuzhou Yunding is a comprehensive Internet of Things information platform company mainly focusing on AI access control system + intelligent community services, and has obtained more than 20 authorized intellectual property rights. Its products are closely integrated with the government’s municipal governance and big data needs, and it has formed a multi-dimensional cooperation with the government, banks, and property companies in the form of commercial housing, public rental housing, guaranteed housing, and old districts, and has increased the cooperation and expansion of the channels of schools and parks to comprehensively promote the intelligentization of regional community management and operation throughout the life cycle. Comprehensively promote regional community management and operation of the whole life cycle intelligence.

At present, Fuzhou Yunding has landed more than 500 community projects in Fujian and Anhui, with more than 3 million online registered APP users. Many famous neighborhoods (e.g. Fuzhou Poly Champagne International), famous universities (Fuzhou University) and Xiamen Siming District Government use Fuzhou Yunding’s AI access control system and intelligent community services.

Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: “E-Home’s proposed merger and acquisition of Fuzhou Yunding Mutual Chain Information Technology Co., Ltd. is based on the company’s development needs, and Fuzhou Yunding combination of the two, can be from the Internet of Things information platform front-end access to domestic demand for service customers for E-Home, to achieve the integration of the industry from the front-end to the back-end, to improve the company’s market competitiveness and brand influence, but also E-Home to enter the AI industry + intelligent community services an important step. It is also an important step for E-Home to enter the AI industry + smart community service.”

About E-Home Household Service Holdings Limited

Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China.

The company is mainly involved in: 1. Home appliances, smart home installation, maintenance; 2. Housekeeping, nannies, maternity matron and cleaning services; 3. Internet aging + home care; 4. Units of public places cleaning. After years of development, E-Home has formed two main business channels, ToB and ToC, with two important subsidiaries.

Two main channel: 1. The ToC business to nanny, maternity matron, home care, cleaning, repair, maintenance of family integrated services. 2. The ToB business to public cleaning. Two subsidiaries: 1. Zhongrun Pharmaceutical, integrating pharmaceutical warehousing, distribution, wholesaling, retailing, and online sales; 2. Chuangying: presidential training, internal training, corporate consulting and counseling, and policy counseling. E-Home has been a comprehensive service enterprise for family life! We have always adhered to the “solving every issue of customers with heart” business philosophy, adhere to do the industry benchmark. For more information, visit the Company’s website at http://www.ej111.com/ir.html.

Forward-Looking Statement

All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company’s filings with the SEC, that may affect the Company’s future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors.

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SOURCE E-Home Household Service Holdings Limited

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