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International Business Machines Corporation - IBM STOCK NEWS

Welcome to our dedicated page for International Business Machines Corporation news (Ticker: IBM), a resource for investors and traders seeking the latest updates and insights on International Business Machines Corporation stock.

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.

News

IBM Collaborates With the Commissionerate of Technical Education, Government of Gujarat To Propel Skilling in AI and Emerging Technologies in Gujarat

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IBM India partners with the Commissionerate of Technical Education (CTE Gujarat) to enhance technical and professional education in Gujarat. Through the collaboration, IBM SkillsBuild will provide essential skills in AI, cybersecurity, and hybrid cloud to the workforce in Gujarat, paving the way for a dynamic tech landscape in the region.
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Red Hat Transforms Partner Experience to Deliver Enhanced Customer Value

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Red Hat, Inc. has announced the transformation of its global partner experience to offer greater simplicity, choice, and flexibility to partners collaborating with Red Hat. This transformation includes launching a new program framework, introducing upgraded tools, and providing easier access to critical technology, training, and resources. Red Hat is also introducing the Red Hat Partner Practice Accelerator Program, which focuses on identifying, enabling, validating, and incentivizing partners within the commercial segment, including mid-market and SMB customers. The company is bolstering partner enablement and training resources to support its updated engagement model. The updated partner engagement model and programming are planned to be launched in the second half of 2024, and the Red Hat Partner Practice Accelerator Program is an invite-only program now open to eligible partners globally.
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IBM Introduces IBM Consulting Advantage, an AI Services Platform and Library of Assistants to Empower Consultants

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IBM Consulting Advantage, an AI services platform, is introduced to support IBM consultants in delivering consistency, repeatability, and speed for clients. Early adopter teams saw productivity improvements of up to 50% in an application design, development, and testing client pilot. The platform includes role-based IBM Consulting Assistants accessed through an intuitive conversational interface powered by IBM watsonx. IBM Consulting Advantage has embedded capabilities for data security and privacy, and it is designed to work in combination with IBM Garage, a collaborative engagement model. Clients such as Dun & Bradstreet are already working with IBM consultants using the platform to scale new AI use cases leveraging partner technology.
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NRF 2024: IBM Reports Generative AI Can Bridge the Consumer Expectation Gap with Unified, Integrated Shopping Experiences

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IBM's Institute for Business Value study reveals the growing dissatisfaction of consumers with current retail experiences, highlighting the need for AI-driven solutions to enhance the shopping journey. The study shows that 59% of consumers are interested in using AI applications while shopping, presenting opportunities for retailers to personalize and target offerings. However, there is a clear satisfaction gap for current AI assistant users.
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IBM Collaborates with SAP To Develop New AI Solutions for the Consumer Packaged Goods and Retail Industries

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IBM (NYSE: IBM) collaborates with SAP to develop generative AI solutions for consumer packaged goods and retail industries, aiming to enhance supply chain, finance operations, sales, and services. The goal is to help CPG companies, wholesale distributors, and retailers efficiently manage store-level assortments, improve product distribution, and drive incremental revenue.
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IBM to Announce Fourth-Quarter 2023 Financial Results

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IBM (NYSE: IBM) will hold its quarterly conference call to discuss its fourth-quarter 2023 financial results on January 24, 2024. The live webcast of the earnings call can be accessed at www.ibm.com/investor. Contact Timothy Davidson at tfdavids@us.ibm.com or 914-844-7847 for more information.
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IBM To Invest in New AI Skills Training Programme To Boost Global Workforce

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IBM (IBM) to Invest in AI Skills Programme to Target 2 Million Learners Globally by 2026
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Data Suggests Growth in Enterprise Adoption of AI is Due to Widespread Deployment by Early Adopters, But Barriers Keep 40% in the Exploration and Experimentation Phases

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XYZ Corporation (XYZ) Announces Strategic Partnership with ABC Inc., Driving 15% Increase in Stock Price
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Opinion: Workforce Development Is a Perfect Opportunity for Congress To Come Together This Year

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IBM (IBM): Modernizing Workforce Development Programs for Low-Income and Adult Learners
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IBM Study: Widespread Discontent in Retail Experiences, Consumers Signal Interest in AI-Driven Shopping Amid Economic Strain

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IBM (NYSE: IBM) reveals a new global study showing a widening gap between shopper demands and the current retail offering, with only 9% of consumers satisfied with in-store shopping and 14% satisfied with online shopping. The study surveyed nearly 20,000 global consumers, indicating an opportunity for retailers to integrate AI and other technologies into both digital and physical shopping experiences to meet changing consumer demands and economic challenges.
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FAQ

What is the current stock price of International Business Machines Corporation (IBM)?

The current stock price of International Business Machines Corporation (IBM) is $204.99 as of November 15, 2024.

What is the market cap of International Business Machines Corporation (IBM)?

The market cap of International Business Machines Corporation (IBM) is approximately 189.9B.

What is IBM known for?

IBM is known for its wide range of technology services, including software, IT services, consulting, and hardware. It plays a major role in managing global credit card transactions and wireless connections.

Where is IBM headquartered?

IBM is headquartered in Armonk, New York, United States.

What are some recent achievements of IBM?

Recent achievements include strong financial results in Q1 2024, the acquisition of HashiCorp to enhance its hybrid cloud platform, and significant progress in sustainability initiatives as outlined in the IBM 2023 Impact Report.

What is the scope of IBM's global operations?

IBM operates in over 175 countries, employs approximately 350,000 people, and collaborates with 80,000 business partners to serve around 5,200 clients, including 95% of Fortune 500 companies.

What sustainability goals has IBM set?

IBM aims to achieve operational net zero GHG emissions by 2030, leveraging AI-powered tools to optimize energy consumption and drive environmental sustainability.

How is IBM contributing to semiconductor advancements?

IBM is investing in semiconductor research and development in collaboration with the Canadian and Quebec governments, enhancing the region's semiconductor industry and capabilities.

How is IBM expanding its software availability?

IBM is expanding its software portfolio's availability to 92 countries on AWS Marketplace, streamlining procurement and deployment for clients globally.

What role does AI play in IBM's strategy?

AI is central to IBM's strategy, with significant investments in AI tools and solutions, such as the watsonx AI platform, to drive innovation and digital transformation for clients.

What is IBM's contribution to global financial transactions?

IBM manages 90% of all credit card transactions globally, playing a crucial role in the financial sector's infrastructure.

What recent strategic acquisition has IBM announced?

IBM has announced its intent to acquire HashiCorp, Inc., aiming to create a comprehensive end-to-end hybrid cloud platform for the AI era.

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International Business Machines Corporation

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IBM Rankings

#58 Ranked by Market Cap
#951 Ranked by Dividends

IBM Stock Data

189.93B
918.60M
0.12%
61.77%
2.56%
Information Technology Services
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