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.
Bookmark this page for direct access to IBM’s official communications, ensuring you remain informed about critical developments in enterprise IT infrastructure, Watson AI deployments, and Red Hat integration strategies without promotional commentary.
IBM reported fourth-quarter 2022 earnings, achieving $16.7 billion in revenue, flat year-over-year but up 6% at constant currency. Full-year revenue reached $60.5 billion, marking a 6% increase, driven by hybrid cloud revenue of $22.4 billion, an 11% rise. Operating profit margins expanded, with free cash flow hitting $9.3 billion. The company anticipates similar revenue growth in 2023, projecting $10.5 billion in free cash flow. Notably, Software and Consulting segments exhibited robust growth, underscoring IBM's resilience in the hybrid cloud sector.
IBM celebrates Mentoring Month by highlighting employee volunteers who support STEM education. One volunteer, Kyle, mentors students in robotics, programming, and mobile app development, specifically aimed at girls for social impact. This initiative underscores IBM's commitment to fostering skills in the tech industry through various mentoring programs. To learn more about IBM's skills development and mentorship initiatives, visit skillsbuild.org.
On January 17, 2023, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and IBM launched an AI Center of Excellence in Abu Dhabi to enhance collaboration in AI technology adoption and sustainability initiatives. The Center focuses on developing carbon neutral solutions for existing energy resources and improving natural language processing (NLP) for Arabic dialects. It aims to advance decarbonization efforts, promoting clean energy deployment and addressing climate change. The partnership aligns with the UAE's Net Zero 2050 initiative, leveraging IBM's resources for training and research in AI, benefiting both students and faculty.
IBM celebrates Mentoring Month by highlighting the positive impact of mentoring on career development. Reynaldo Campos shares his journey, emphasizing how his IBM mentor provided essential guidance in his IT career. Through this relationship, he gained confidence and clarity in his career path, receiving valuable insights into job searches and skill development. The IBM SkillsBuild initiative plays a key role in facilitating these mentoring experiences, supporting learners in preparing for the workforce. For further details on IBM SkillsBuild, visit skillsbuild.org.
IBM (NYSE: IBM) is set to announce its fourth-quarter and full-year 2022 financial results during a conference call on January 25, 2023, at 5:00 p.m. ET. Investors can access the live webcast at www.ibm.com/investor. The earnings press release will be available prior to the call, with a replay and additional materials provided after the event.
IBM is committed to skilling 30 million people by 2030 through its SkillsBuild program, targeting underrepresented groups in STEM. In a recent discussion, VP Lydia Logan highlighted the significance of partnerships with educational institutions and career training organizations to enhance access to tech roles. The focus on a skills-first approach allows job applicants to utilize demonstrated skills and alternative certifications for STEM positions, reflecting a shift in hiring practices within the tech industry.
IBM is actively addressing the digital skills gap in Austin, where job market growth has significantly outpaced nationwide trends. From 2016 to 2021, Austin saw a 16.0% job growth compared to the U.S.'s 1.8%. To help fulfill the demand for skilled workers, IBM is committed to skill 30 million people globally by 2030, reducing the need for four-year degrees in job postings to 50%. Initiatives like IBM SkillsBuild offer free online courses to aid underrepresented communities. Collaborations with local organizations aim to enhance job opportunities and diversify the workforce.
IBM has launched IBM Partner Plus, a new initiative designed to enhance partner engagement by offering resources, incentives, and tailored support to boost their earning potential. This program aims to accelerate growth for various partners in the hybrid cloud and AI markets, with opportunities to progress through tiers unlocking additional benefits. The initiative emphasizes a transparent partner experience and includes tools for real-time visibility into incentives, training resources, and improved deal registration, collectively targeting a $1 trillion market opportunity.
IBM has launched innovative training programs for students, especially in STEM fields, to tackle the ongoing skills shortage. Collaborating with 20 Historically Black Colleges and Universities (HBCUs), IBM provides access to SkillsBuild coursework, certifications, and cloud software. The initiative focuses particularly on cybersecurity skills through immersive experiences like 'Capture the Flag' simulations. This partnership aims to enhance problem-solving and collaboration among students, addressing the urgent need for trained professionals in the cybersecurity sector.
IBM has emphasized a skills-first approach to workforce development, advocating for modernized hiring systems that value skills over degrees. At the recent JFF Horizons event, representatives noted a significant 10-year high in talent shortages in the U.S., particularly in tech sectors. IBM's initiatives include creating open job descriptions and partnerships to support underrepresented communities. They aim to bridge the skills gap by enhancing credential recognition and offering training programs. IBM's commitment is seen as vital for addressing workforce challenges in a rapidly evolving job market.
