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International Business Machines Corporation (IBM), known as Big Blue, is an American multinational technology leader headquartered in Armonk, New York, and operates across over 175 countries. IBM is a cornerstone in the realm of enterprise IT, offering an extensive range of products and services including software, IT services, consulting, and hardware solutions. Employing around 350,000 people and collaborating with 80,000 business partners, IBM serves approximately 5,200 clients worldwide, encompassing 95% of the Fortune 500 companies.
IBM's influence extends far beyond its B2B operations. The company oversees 90% of credit card transactions globally and is responsible for half of the world's wireless connections. This significant footprint underscores IBM's pivotal role in global business and technology.
Recent developments highlight IBM's ongoing innovation and leadership. For example, the company announced its first-quarter 2024 earnings results, showcasing strong revenue and free cash flow growth, driven by its hybrid cloud and AI strategy. The acquisition of HashiCorp is expected to bolster IBM's capabilities in managing application and infrastructure complexity, creating a robust hybrid cloud platform for the AI era.
IBM is also making notable strides in sustainability. The IBM 2023 Impact Report outlines the company's commitment to environmental and societal goals, leveraging technology like AI to address these challenges. IBM aims to achieve operational net zero GHG emissions by 2030, utilizing AI-powered tools to optimize energy consumption across its facilities.
The company is expanding its software portfolio's global availability on AWS Marketplace, making it easier for clients in 92 countries to procure and deploy IBM solutions. This expansion is part of IBM's strategy to enhance digital transformation for its clients.
IBM's dedication to innovation and sustainability is further evidenced by its partnerships with the Canadian and Quebec governments to advance semiconductor research and development, significantly boosting the region's tech sector.
Overall, IBM remains a formidable force in the tech industry, consistently pushing the envelope in AI, hybrid cloud, and sustainable practices, ensuring its clients and partners can navigate and thrive in the ever-evolving technological landscape.
IBM's new study reveals strong adoption of AI strategies among companies, with 85% reporting progress in their 2024 AI implementation and 47% achieving positive ROI. The research, surveying over 2,400 IT decision makers, highlights a growing trend toward open-source AI tools, with 51% of companies using these tools reporting positive ROI compared to 41% of non-users.
Looking ahead to 2025, 62% of respondents plan to increase AI investments, with 39% planning increases of 25-50%. Companies are focusing AI investments primarily on IT operations (63%), data quality management (46%), and product/services innovation (41%). The study also found that 60% of surveyed companies use open-source ecosystems, with larger companies more likely to base the majority of their AI solutions on open source.
Lockheed Martin is integrating IBM's Granite large language models (LLMs) into its AI Factory tools, accessed by over 10,000 developers and engineers. This integration aims to enhance defense and aerospace capabilities by accelerating deployment times from months to weeks.
The collaboration will empower Lockheed Martin's workforce with advanced code, language, reasoning, and guardrail capabilities to customize assistants and agents, enhance national security missions, and accelerate business transformation. The implementation aligns with U.S. Defense Department's AI Ethics principles and includes comprehensive internal AI ethics training for employees.
IBM and the Emerging Technology Advisory Board (ETAB) released their first report outlining recommendations to establish New York as an AI leader. The board, co-chaired by IBM CEO Arvind Krishna and Girls Who Code CEO Dr. Tarika Barrett, was established by Governor Kathy Hochul in June 2024.
The report, developed with input from over 40 stakeholders, highlights New York's advantages in AI advancement, including its economy, tech talent, and academic excellence. It proposes three main ambitions: enabling businesses to deploy AI responsibly at scale, supporting the AI ecosystem through upskilling, and ensuring worker success in the AI landscape.
The ETAB provided nine recommendations focusing on public-private partnerships and responsible AI adoption, addressing challenges such as workforce preparation for the AI era.
IBM and the State of Illinois announced a collaboration to establish the National Quantum Algorithm Center in Chicago's Illinois Quantum and Microelectronics Park (IQMP). The center will feature IBM's next-generation Quantum System Two, powered by IBM Quantum Heron, planned for deployment in the coming year.
The initiative brings together IBM, the University of Chicago, and the University of Illinois Urbana-Champaign to advance quantum-centric supercomputing. The system will utilize Qiskit, IBM's quantum software, enabling users to execute complex quantum circuits for scientific research. The center aims to integrate quantum and classical computing to solve complex industry challenges previously inaccessible to traditional computing methods.
IBM's latest 'Automotive 2035' study reveals significant industry transitions, based on 1,230 executive interviews across 9 countries. Key findings show that 80% of new cars will have electrified powertrains by 2035, while 74% of executives believe vehicles will be software-defined and AI-powered. The study highlights a major shift from one-time sales to recurring revenue models through digital services.
R&D budgets for software and digital developments are expected to nearly triple from 21% to 58% by 2035. However, challenges persist, with 77% of executives reporting a lack of software development tools and 74% citing difficulties in transitioning from mechanical to software-driven development. The industry faces technical challenges in separating software and hardware layers while aiming to deliver personalized user experiences.
IBM has unveiled breakthrough research in co-packaged optics (CPO) technology that could revolutionize data center operations for AI applications. The innovation enables connectivity at the speed of light through polymer optical waveguide (PWG), potentially replacing electrical interconnects in data centers.
Key benefits include:
- Over 5x power reduction compared to electrical interconnects
- Up to 5x faster AI model training
- 80x faster bandwidth for chip-to-chip communication
- 6x more optical fibers at silicon photonics chip edge
The technology has passed all required manufacturing stress tests and could significantly reduce energy consumption while accelerating AI processing. The research was conducted at IBM's facilities in Albany, NY and Bromont, Quebec.
IBM has announced it will host an Investor Day on February 4, 2025, in New York City, starting at 1PM ET. The event will feature presentations from Chairman, President and CEO Arvind Krishna, CFO James J. Kavanaugh, and other senior leadership team members who will discuss the company's strategy and key initiatives. The event will be accessible via webcast on IBM's investor relations website, with an accompanying investor presentation to be made available following the event.
IBM has launched new sustainability skills courses through its SkillsBuild platform to address the growing digital skills gap in the sustainability sector. The free online education platform offers over 1,000 courses in 20 languages, covering AI, cybersecurity, data analysis and cloud computing.
The new sustainability curriculum, launched in November 2023, features AI-powered recommendations and combines ecological and biodiversity topics with technical training in AI and data analytics. The program targets adult learners, students, and underrepresented communities in technology, including women and low-income individuals.
According to IBM chief impact officer Justina Nixon-Saintil, demand for this type of training is increasing. The courses range from introductory levels explaining sustainability-technology connections to advanced coursework focusing on practical applications in AI, cybersecurity, and ESG reporting.
Wasabi Technologies announced expansion of data management offerings by adding IBM Cloud's London data center to its storage regions. The expansion leverages IBM's Multizone Region (MZR) to help customers address regulatory requirements and utilize AI technologies securely.
Liverpool Football Club, using Wasabi AiR for media storage, will benefit from this expansion to manage club media content securely at scale. The collaboration between IBM and Wasabi aims to drive data innovation across hybrid cloud environments, particularly focusing on sports, media, and entertainment clients.
IBM's MZR infrastructure features three or more data center zones designed to maintain service consistency and enhanced resiliency, ensuring business continuity even if a single failure event occurs.
Red Hat has announced a strategic collaboration agreement (SCA) with AWS to expand the availability of Red Hat open source solutions in AWS Marketplace. The partnership focuses on two main areas: virtualization and artificial intelligence. The collaboration will enhance support for Red Hat OpenShift Service on AWS, enabling easier virtual machine migrations and application modernization. Additionally, Red Hat is expanding the availability of RHEL AI and Red Hat OpenShift AI in AWS Marketplace, supporting NVIDIA, AMD, and Intel accelerators for AI workloads.
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