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International Business Machines Corporation develops enterprise technology across software, consulting, hardware, hybrid cloud, artificial intelligence and quantum computing. News from IBM centers on AI platforms and services, including watsonx, IBM Enterprise Advantage, IBM Consulting Advantage, IBM Sovereign Core, watsonx Orchestrate and Red Hat technologies for hybrid and regulated environments.
Recurring updates also cover IBM Consulting client work, industry and cloud collaborations, research milestones in quantum-centric supercomputing, AI-enabled application experiences, and IBM Institute for Business Value studies on enterprise adoption and governance of AI.
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IBM has launched a new series of free training modules through its platform skillsbuild.org, aimed at high school and college students, as well as adult learners. The courses cover in-demand fields such as cybersecurity, IT support, web development, and data science. Participants can earn digital credentials upon course completion. This initiative also involves collaborations with companies like Red Hat and Fortinet, enhancing the educational landscape for aspiring tech professionals.
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.