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.
IBM (NYSE: IBM), a global leader in enterprise technology and artificial intelligence solutions, maintains this dedicated news hub for stakeholders seeking authoritative updates. Access real-time press releases, financial disclosures, and strategic announcements directly from IBM’s corporate communications.
This centralized resource provides investors with earnings call transcripts, product launch details, and partnership updates while offering analysts insights into R&D initiatives like quantum computing advancements and hybrid cloud security developments. Media professionals will find verified information on corporate responsibility programs and technology patents.
All content is organized for quick navigation across key categories: quarterly financial results, AI platform enhancements, infrastructure software updates, and sustainability initiatives. Each entry maintains timestamped accuracy while connecting developments to IBM’s broader mission of advancing secure, cloud-native enterprise solutions.
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IBM has unveiled IBM z/OS V2.5, the latest operating system tailored for hybrid cloud and AI, expected to enhance application modernization projects. A recent study highlighted that 71% of executives view mainframe applications as central to their strategy, with a projected doubling of their use in hybrid cloud environments in three years. The new OS introduces advanced AI capabilities, enhanced security features, and improved developer experience. General availability is slated for September 30, 2021, with claims of installation speed improvements over previous versions.
On July 26, 2021, IBM and the University of Tokyo unveiled Japan's most powerful quantum computer, operational for research and business applications. The IBM Quantum System One offers advanced qubits and precision control, enhancing quantum algorithm capabilities. This initiative, part of an ongoing collaboration, is designed to boost Japan's quantum research ecosystem through the Quantum Innovation Initiative Consortium, involving major companies and academic institutions. IBM aims to foster global quantum ecosystem growth while expanding its research partnerships.
IBM and Amadeus have integrated the IBM Digital Health Pass into Amadeus' Traveler ID for Safe Travel to streamline the validation of COVID-19 health documentation for air travelers. This collaboration aims to facilitate smoother check-ins and reduce delays at checkpoints, enhancing the customer experience as international travel resumes. Travelers can now upload or scan their health credentials, which are verified using secure encryption and blockchain technologies. This integration is currently live with multiple airlines and supports varying country requirements, promoting a safer travel environment.
IBM has entered a ten-year agreement with Bangalore International Airport Limited (BIAL) to develop an "Airport in a Box" platform aimed at enhancing passenger travel experiences at Kempegowda International Airport. This initiative will leverage IBM's hybrid cloud solutions and Kyndryl's infrastructure capabilities to improve operational efficiency, reduce costs, and boost employee productivity. The platform will also utilize AI-driven insights for better inventory management. BIAL, recognized for its commitment to sustainability, aims to transform its operations with this innovative technology.
On July 20, 2021, IBM introduced enhanced data protection features in its FlashSystem all-flash storage arrays to combat rising ransomware threats. Citing a 62% increase in ransomware attacks in 2020, the company launched Safeguarded Copy, which allows users to create immutable, time-stamped snapshots of data that can be restored post-attack. The solution aims to improve business resiliency against cyber threats. Additionally, IBM announced a new Storage as a Service offering aimed at integrating hybrid cloud storage, starting at $27 per TB/month, which adds flexibility without upfront costs.
IBM announced second-quarter 2021 earnings, highlighting significant growth in its hybrid cloud platform. Revenue increased due to robust performance in Global Business Services and software. Key figures include a net income of $1.6 billion, with GAAP EPS at $1.47, reflecting a year-over-year dip. Cash flow from operations reached $2.6 billion, while adjusted free cash flow stood at $1.6 billion. The company reported a revenue increase of 2% for the first half of 2021, with a full-year revenue growth expectation intact. Despite challenges in the Systems segment, overall performance remains positive.
IBM and Canon, Inc. have launched a collaboration to enhance digital video content creation using volumetric video technology. Starting in July 2021, this partnership aims to make high-quality video production more accessible in the arts and entertainment sectors. Canon will provide its advanced technology for capturing high-resolution video, while IBM will offer consultation and technical support to aid digital transformation in these industries. Their first project features a Noh theater performance, 'Lady Aoi,' showcasing the innovative use of this technology.
IBM announced an agreement to acquire Bluetab Solutions Group, enhancing its data and hybrid cloud consulting services. This strategic acquisition aims to leverage Bluetab's expertise in data migration to hybrid multi-cloud platforms, which will support IBM’s AI and cloud initiatives. Bluetab, established in 2005, has strong ties with various industries across Spain, Mexico, Peru, and Colombia. Financial specifics weren't disclosed, and the deal is expected to close in Q3 2021, subject to regulatory approval.
On July 8, 2021, IBM (NYSE: IBM) announced its intention to acquire BoxBoat Technologies, a leading DevOps consultancy specializing in Kubernetes and containerization. This acquisition aims to enhance IBM's hybrid cloud strategy and support the global adoption of Red Hat OpenShift. BoxBoat's expertise will help IBM deliver comprehensive container strategies and foster advanced cloud solutions. Founded in 2016, BoxBoat has successfully provided consulting services to numerous Fortune 100 clients. The deal is expected to close within the quarter, subject to customary conditions.
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