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's global study reveals a major shift towards hybrid cloud solutions, with only 3% of executives using a single cloud in 2021, down from 29% in 2019. Conducted by the IBM Institute for Business Value and Oxford Economics, the survey of nearly 7,200 C-suite executives highlights escalating cyber threats, with over a third not prioritizing cybersecurity. Additionally, 79% of participants emphasize the importance of avoiding vendor lock-in. The study stresses the need for improved security, governance, and compliance tools across multi-cloud architectures to enable successful digital transformations.
IBM announced new collaborations at the Mobile World Congress Los Angeles, focusing on hybrid cloud, AI, network automation, and security. Key partnerships include Boston Dynamics for edge data analytics, Cisco for 5G network orchestration, and Palo Alto Networks for 5G security solutions. A study highlighted that 59% of high-performing Communication Service Providers (CSPs) recognize the need for AI and automation. IBM continues to support CSPs in adopting advanced technologies, enhancing operational efficiency, and driving new revenue opportunities in 5G and edge computing.
Samsung Electronics and IBM have launched the Call for Code Honoring Everyday Heroes Challenge, aimed at encouraging developers to create innovative solutions for essential workers impacted by the Covid-19 pandemic. The challenge, unveiled at the Samsung Developer Conference, invites applications that utilize IBM's cloud technologies and can run on Samsung devices. Submissions close on November 20, with the winner announced on December 9. The winning entry will receive a cash prize, Samsung devices, and deployment support. This initiative is part of a long-standing partnership between the two companies.
The IBM board has declared a quarterly cash dividend of $1.64 per common share, payable on December 10, 2021, to stockholders of record as of November 10, 2021. This represents the first dividend after the anticipated separation of Kyndryl on November 3, 2021. IBM has maintained a consistent dividend payment record since 1916, reinforcing its commitment to returning value to shareholders.
IBM and Crédit Mutuel have strengthened their strategic partnership by signing the AmbitionS contract, aimed at enhancing collaboration over the next four years. Key objectives include the acceleration of data, AI, and document analysis to improve services and security, the transformation of the information system into a unified private cloud platform leveraging Red Hat OpenShift, and the creation of a technology and skills center in Strasbourg focused on AI, data cloud, and infrastructure modernization. This initiative targets improved operational efficiency and digital services for 27 million customers.
According to a new global consumer study by IBM, respondents are showing increased optimism for the 2021 holiday season compared to 2020, with a 30% year-over-year increase in holiday shopping budgets. However, concerns about COVID-19 persist, with 75% of respondents worried about new variants. Holiday shopping budgets remain 13% lower than 2019 levels. A notable shift towards online shopping continues, with 43% planning to shop online versus 36% in physical stores. Additionally, travel budgets are rebounding, increasing 43% year-over-year, indicating a potential recovery in holiday travel spending.
IBM reported a third-quarter revenue of $17.6 billion, a 0.3% increase year-over-year. Adjusted for divestitures and currency, revenue fell by 0.2%. Key segments showed growth: Cloud & Cognitive Software grew 3%, while Global Business Services jumped 12%. Adjusted free cash flow reached $11.1 billion. However, net income decreased by 19% year-over-year to $3.4 billion, impacted by Kyndryl separation costs. The company reduced debt by $7 billion since 2020, reflecting a stronger balance sheet.
IBM announced plans to acquire the Adobe Workfront consulting unit from Rego Consulting to strengthen its hybrid cloud and AI strategy. This acquisition marks IBM's 17th overall and 9th in cloud and AI services since April 2020. The Adobe Workfront unit enhances IBM's offerings in work management, aiming to improve client efficiency and digital transformation capabilities. The deal allows IBM to deliver integrated services that connect marketing, sales, and support efforts for enterprise clients, although financial details remain undisclosed.
Kyndryl, formed from IBM's Managed Infrastructure Services business, will hold a virtual Investor Day on October 19, 2021, at 1 p.m. EDT. The event will feature discussions on Kyndryl's core practices, addressable market, financial performance, and strategies for growth, culminating in a Q&A with senior executives including CEO Martin Schroeter, Group President Elly Keinan, and CFO David Wyshner. Interested parties can access the webcast and related materials via Kyndryl's investor relations website. A replay will be available for 90 days post-event.
IBM has partnered with Brmaja Commercial Company to assist Virgin Megastore KSA in migrating its SAP ERP workloads to IBM Cloud. This shift is part of a hybrid cloud strategy aimed at enhancing operational efficiencies amid rising consumer digital engagement expectations post-COVID-19. The move is expected to boost productivity and streamline operations, allowing the retailer to adapt quickly to market demands. Through this collaboration, Virgin Megastore aims to innovate and enhance both customer and employee experiences in a secure environment.
