International Business Machines Corp Stock Price, News & Analysis

IBM (NYSE: IBM) has been recognized as a leader in the 2020 IaaS Value Matrix by Nucleus Research. This report highlights IBM public cloud's usability, functionality, and integration capabilities, particularly its strong security features that appeal to businesses in regulated industries. With over 60 cloud data centers worldwide, IBM offers the industry's first commercially available cloud cryptographic technology, 'Keep Your Own Key,' allowing businesses to control encryption keys. This endorsement supports IBM's strategy of leveraging open-source and secure technologies in cloud computing.

IBM and CINECA have strengthened their collaboration with the launch of the Marconi100 supercomputer, now the 9th most powerful globally and 2nd in Europe. Built using IBM POWER9 technology and NVIDIA V100 GPUs, it offers a theoretical peak performance of 32 petaFLOPS. Marconi100 will support research initiatives addressing key issues such as climate change and COVID-19 therapies, significantly enhancing European and Italian scientific capabilities. This installation is part of a long-term effort to boost CINECA's computational resources, now totaling 50 petaflops without increasing energy consumption.

IBM CEO Arvind Krishna delivered a keynote at the Think Gov 2020 digital event, targeting over 1,000 government leaders and technologists. He emphasized hybrid cloud and AI as transformative forces amid the COVID-19 pandemic. Krishna highlighted IBM's public cloud capabilities tailored for regulated workloads, enhancing security for government clients. The integration with Red Hat, following a $34 billion acquisition, enhances IBM’s offerings. Krishna noted IBM's $200 million in global donations to aid pandemic responses, asserting that AI will become essential for all organizations moving forward.

IBM and Daimler have expanded their agreement, enabling Daimler to migrate its global after-sales portal to the IBM public cloud. This transition aims to enhance innovation while leveraging IBM's secure and open cloud services. The new platform, based on IBM Cloud Kubernetes Service, will support scalability and agility in Daimler's retail workshop processes. With features like 99.99% platform availability and advanced security protocols, IBM's cloud is designed to meet the highest data protection standards required by Daimler.

IBM Watson Health has released its 2020 Fortune/IBM Watson Health 100 Top Hospitals list, recognizing outstanding hospitals and health systems in the U.S. The study indicates that if all Medicare patients received the same care as those in these award-winning facilities, over 106,000 lives and billions in costs could be saved. The evaluations considered clinical outcomes, operational efficiency, and patient satisfaction. Key metrics revealed significant potential improvements in patient care, including reduced complications and costs.

IBM has partnered with Atea and the Norwegian Seafood Association to launch a blockchain network aimed at improving transparency in Norway's seafood supply chain. This initiative allows companies like Kvarøy Arctic to track their products from ocean to retail, ensuring sustainability and quality. The network responds to rising consumer demand for traceability, as 71% are willing to pay more for assured origins. The Norwegian seafood industry, valued at over $800 million annually, aims to enhance its competitive edge by reducing fraud and food waste, leveraging IBM's technology.

Siemens and IBM have expanded their partnership to launch a new Service Lifecycle Management (SLM) solution that connects real-world asset maintenance to design decisions. This innovative solution enhances collaboration between equipment manufacturers and operators, aiming to optimize asset performance and reliability. By leveraging IBM Maximo and Siemens’ Xcelerator portfolio, the solution helps reduce operational costs, improves uptime, and enables OEMs to offer valuable after-market services. The integration of IoT technology also provides critical insights into asset performance and maintenance, fostering a more resilient operational framework.

Shell and IBM have launched Oren, a new global B2B digital mining services marketplace designed to enhance safety, sustainability, and operational efficiency in the mining sector. By connecting mining companies with field-tested digital solutions, Oren aims to facilitate the industry's digital transformation amidst operational challenges posed by current global events. The platform offers tailored searches, early access to innovative technologies, and a repository of best practices to support mining companies in leveraging data and automation for improved decision-making.

Banco Sabadell, Mexico's first fully digital bank, has partnered with IBM and Red Hat to enhance its banking services. By leveraging IBM's public cloud and Red Hat Enterprise Linux, the bank aims to expand its infrastructure, becoming more flexible and secure for its 1 million clients. This initiative includes the implementation of a Banking as a Service (BaaS) model, which will facilitate collaboration with fintechs. IBM's support is expected to drive innovation in customer experiences and ensure compliance with local regulations.