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.
IBM has partnered with olive oil producers Conde de Benalua and Rolar de Cuyo to enhance traceability and product quality using IBM Food Trust on IBM Cloud. This initiative aims to address consumer demand for authenticity amidst rising concerns over olive oil counterfeits. A recent study indicates 73% of consumers are willing to pay more for transparency. The partnership allows consumers to trace olive oil from production to purchase using QR codes, bolstering consumer trust and supply chain efficiency. Notably, CHO's Terra Delyssa brand has seen a demand surge, now available in over 10,000 stores across the U.S. and Canada.
IBM announced significant updates to its hybrid cloud software portfolio, including enhancements to Cloud Pak for Data and Cloud Pak for Automation. These updates aim to assist organizations in their digital transformation efforts by providing integrated data and AI capabilities. Notably, new features include industry accelerators for various sectors, enhanced machine learning capabilities, and improved document processing tools. The updates respond to a trend where 59% of companies are accelerating digital transformation due to COVID-19 challenges.
IBM has been recognized as a leader in managed security services by multiple independent research firms. According to Forrester Research, IBM Security Services scored the highest in strategy and was highly rated for market presence and current offerings. The IDC MarketScape also highlighted IBM's global capabilities in addressing security challenges. With managed security services handling over 150 billion security events daily, IBM aims to reduce alert fatigue and enhance threat response through advanced AI and automation.
IBM has partnered with Alpitour Group to enhance its digital services using IBM Watson and hybrid cloud solutions. This collaboration aims to modernize customer applications, allowing for a more personalized booking experience for travelers. With over two million messages received annually, the AI solution is expected to process 80% of these, boosting efficiency in customer response. The adoption of hybrid cloud and AI technologies is set to improve operational resilience and scalability, addressing challenges in the travel sector amid ongoing changes.
IBM has been recognized as a leader in Customer Identity and Access Management (CIAM) by Forrester in its Q4 2020 report. The report highlights IBM's support for FIDO2, biometrics, and various authentication protocols. IBM Security's strength in the CIAM market lies in its IBM Security Verify solution, which integrates risk-based authentication and fraud detection. This recognition positions IBM to help companies implement a 'zero trust' security model, enhancing user identity verification across hybrid cloud environments.
According to a recent IBM study, 99% of organizations using AI-driven virtual agents noted increased customer satisfaction. The study highlights that 94% of early adopters of AI technologies achieved or surpassed their ROI expectations. IBM's implementations have reportedly led to reduced costs and improved revenues. The average contribution to human agent satisfaction attributed to virtual agents was 20%, with a 64% average containment rate reported. Additionally, all respondents noted a revenue increase, averaging 3%.
IBM's board of directors has announced a quarterly cash dividend of $1.63 per common share, scheduled for payment on December 10, 2020, to stockholders recorded as of November 10, 2020. This marks the company's commitment to returning value to shareholders, having raised its dividend for the past 25 years. With this upcoming payment, IBM will have consistently paid dividends since 1916.
IBM (NYSE: IBM) announced a strategic expansion of its capabilities to enhance hybrid cloud deployments, enabling clients to choose between on-premises and public cloud solutions. Key enhancements include IBM Cloud Paks and advanced data storage for containers. A Forrester study revealed 85% of organizations are increasing IT funding beyond public cloud, emphasizing the significance of hybrid solutions. Many clients are already running proofs-of-concept with Red Hat OpenShift on IBM systems. Upcoming features include improved AI integration, cloud-native development, and persistent storage for container workloads.
IBM announced enhanced capabilities for Maximo for Civil Infrastructure aimed at prolonging the lifespan of critical infrastructures like bridges and highways. These updates include deployment on Red Hat OpenShift, AI-driven insights, and 3D modeling tools. With an estimated $2 trillion in unfunded U.S. infrastructure repairs, the solution integrates IoT data to optimize maintenance. New features include defect management tools and improved 3D visualization. Developed with insights from major infrastructure operators, IBM's Maximo aims to help civil engineers proactively manage and maintain vital structures.
IBM (NYSE: IBM) has announced a partnership with R3 to enhance blockchain solutions on IBM LinuxONE. This collaboration includes a new open beta program for R3's Corda Enterprise, launching on November 2, 2020, across hybrid cloud environments. The initiative aims to address performance, compliance, and data privacy for clients in regulated industries. IBM’s LinuxONE platform ensures high security through Confidential Computing capabilities. Additionally, IBM Services will establish an R3 center of excellence to support clients adopting Corda solutions, accelerating blockchain integration.
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