International Business Machines Corporation - IBM STOCK NEWS

IBM and the YMCA of Metropolitan Los Angeles announced a partnership to enhance voter education and participation, particularly for underrepresented communities. Launching during National Voter Education Week, the Five Fifths Voter app offers tools to check registration status, register to vote, and access information about polling locations. With a focus on diversity, the app includes resources in 11 languages and is designed to assist various demographics, including parents, seniors, and those with disabilities. This initiative aligns with IBM's Call for Code for Racial Justice, aimed at empowering disenfranchised voters.

IBM has announced the election of Al Zollar to its board of directors, effective October 25, 2021. Zollar, 67, brings extensive experience from his 34-year career at IBM and as a technology investor. His background includes leadership roles in software and systems groups at IBM and directorships at other firms like Red Hat and Nasdaq. IBM CEO Arvind Krishna expressed confidence in Zollar's ability to contribute significantly to the company's growth, particularly in cloud and security strategies.

IBM, in partnership with ACME SAICO, will automate 22 wheat silos in Egypt by year-end using AI-powered technology. This initiative supports the Ministry of Supply's digitization efforts in the wheat supply chain, enhancing governance and efficiency. The project will utilize IBM's Cloud Pak for Business Automation and Cloud Pak for Integration, enabling real-time data collection from silo sensors. This automation aims to improve stock monitoring, streamline logistics, and contribute to Egypt's digital transformation strategy aligned with its 2030 Vision.

IBM has entered a strategic multi-year agreement with Telefónica to utilize IBM's intelligent automation software for implementing UNICA Next, Telefónica's first cloud-native 5G core network platform. This innovative network aims to enhance agility and efficiency for service optimization. Set to deploy in October 2021, UNICA Next will feature low-latency services across various data centers and is designed to comply with relevant industry standards, enabling enhanced customer value and 5G innovation.

On September 22, 2021, IBM announced that several financial institutions in Africa are adopting its hybrid cloud and AI technologies to enhance digital innovation and financial inclusion. Key institutions like Ecobank, Attijariwafa Bank, United Bank for Africa, Co-operative Bank of Kenya, Banco Mais, and Nedbank are leveraging these solutions to modernize operations, integrate services, and improve customer experiences. IBM aims to address the unique challenges of the highly regulated financial sector while facilitating seamless digital banking experiences.

IBM and Airspan Networks announced a collaboration to launch a 5G-enabled Open RAN testbed in Germany and France. This initiative aims to facilitate trials of edge applications and network slicing over long distances, enhancing the ability of European telcos to innovate with multi-vendor solutions. The testbed will leverage IBM’s hybrid cloud and AI services to accelerate the adoption of Open RAN technology. Partners will be able to integrate and test features for next-gen campus networks. This project underscores the commitment to advancing 5G and edge computing technologies.

IBM announced the launch of its first Cloud Multizone Region (MZR) in Spain, in collaboration with CaixaBank, to enhance digital capabilities in the financial sector. This partnership aims to support CaixaBank's CloudNow project, focusing on improving efficiencies and innovation. The MZR will enable European clients to run mission-critical workloads with high security and compliance. IBM's investment in Spain is expected to create hundreds of jobs and strengthen its presence in Europe, demonstrating its commitment to the region's digital economy.

Atos and IBM announced an expanded partnership on September 14, 2021, aimed at enhancing security and regulatory compliance for banks and insurance companies migrating to the cloud. The collaboration includes the establishment of the Atos Cloud Center of Excellence to support the financial services sector with high-value services and innovation. The initiative utilizes the IBM Cloud for Financial Services, featuring robust security mechanisms, to facilitate application modernization. This move follows their initial partnership announcement in January 2021, emphasizing the importance of hybrid cloud solutions in driving digital transformation.

DISH Network has chosen IBM to automate its first cloud-native 5G network in the U.S., aiming for an agile and scalable infrastructure. Through IBM's AI-driven automation and network orchestration software, DISH seeks to enhance its 5G capabilities and deliver customized services to enterprise customers. This partnership emphasizes network slicing, allowing businesses to tailor service levels according to specific needs. IBM's technology is expected to accelerate DISH's service deployment and optimize network operations.