Welcome to our dedicated page for International Business Machines news (Ticker: IBM), a resource for investors and traders seeking the latest updates and insights on International Business Machines stock.
News about International Business Machines Corporation (IBM) focuses on its activities in hybrid cloud, AI, consulting and enterprise technology. As a New York–incorporated company whose capital stock trades on the New York Stock Exchange under the symbol IBM, the company regularly issues announcements on product launches, partnerships, research collaborations and financial results.
Recent IBM news highlights the introduction of IBM Sovereign Core, AI-ready sovereign-enabled software designed for enterprises, governments and service providers to build, deploy and manage AI-ready sovereign environments. Other updates describe IBM’s work with partners such as The All England Lawn Tennis Club to enhance Wimbledon’s digital fan experiences using AI capabilities from watsonx, and collaborations with Pearson to build AI-powered learning tools for businesses, public organizations and educational institutions.
IBM’s news flow also covers strategic initiatives in quantum computing and semiconductors. Examples include plans with Cisco to explore a network of large-scale, fault-tolerant quantum computers, and a joint research collaboration with the University of Dayton on next-generation semiconductor technologies and materials. Regulatory and resilience topics appear as well, such as IBM’s designation as a critical ICT third-party provider under the EU’s Digital Operational Resilience Act (DORA).
Investors and followers of IBM news can expect coverage of quarterly earnings conference calls, technology partnerships, AI and hybrid cloud offerings, research studies from the IBM Institute for Business Value, and developments in areas like aviation, retail and education where IBM’s technologies are applied. This page aggregates such updates so readers can review IBM’s latest corporate announcements, sector-specific initiatives and capital markets disclosures in one place.
The latest research from IBM reveals a significant barrier to STEM careers, with 61% of 14,000 respondents feeling they lack the necessary qualifications. Additionally, 60% of participants believe acquiring digital skills for STEM roles would be financially burdensome. This study highlights the perception gap in the workforce regarding STEM qualifications and the potential challenges in promoting inclusive opportunities in these fields.
IBM is taking a significant step towards strengthening relationships with Historically Black Colleges and Universities (HBCUs). Lydia Logan, VP of Global Education & Workforce Development at IBM, will discuss strategies for creating lasting partnerships during the 2023 South By Southwest® Conference. The session, scheduled for March 6, focuses on the importance of HBCUs in nurturing Black STEM talent and the necessity for businesses to invest strategically rather than merely viewing these institutions as talent sources. Logan emphasizes IBM's commitment to co-creating educational programs like cybersecurity leadership centers to enhance HBCUs' capabilities.
IBM has announced a new collaboration with Cohesity to launch the IBM Storage Defender solution, designed to enhance data security and resiliency in hybrid cloud environments. This innovative solution combines data protection, cyber resilience, and management capabilities. Key features include automated recovery functions that enable rapid restoration of business-critical data, as well as integration with existing IBM and third-party solutions. The move comes at a time when the cost of data breaches has reached an all-time average of $4.35 million. The IBM Storage Defender will be available in Q2 2023.
The IBM Institute for Business Value, alongside Chief, released a study revealing that the pipeline for women in leadership has weakened, with only 12% representation in C-suite and Board roles. Junior roles saw an increase to 40%, but senior vice president roles dropped to 14%, down from 18% in 2019. Alarmingly, only 45% of organizations prioritize advancing women in leadership. The study highlights optimism about gender parity in leadership, although real change remains slow. Recommendations include integrating women's advancement into business strategies and addressing biases within organizations. Full study available here.
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IBM's recent survey indicates that the high costs associated with training for science and technology careers are a major concern for UK job seekers and career changers. This perception of unaffordability could hinder the UK's ambitions to become a leading tech hub, akin to Silicon Valley. The Chief Impact Officer at IBM, Justina Nixon-Saintil, emphasized the transformative potential of technology training and the importance of raising awareness about the variety of roles available in these fields. The findings raise alarms about potential workforce shortages in the science and tech sectors if training barriers are not addressed.
On February 22, 2023, IBM released its annual X-Force Threat Intelligence Index, highlighting major changes in cybersecurity threats. Although ransomware incidents decreased slightly, the average time to execute a ransomware attack dropped from 2 months to less than 4 days. The report identified manufacturing as the most extorted industry, with 44% of extortion cases concentrated in Europe. Additionally, thread hijacking attempts doubled, indicating a shift in tactics among cybercriminals. The report underscores the necessity for businesses to adopt proactive security strategies to combat evolving threats.
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