International Business Machines Corp - IBM STOCK NEWS

IBM has launched the new Power E1080 server, powered by the IBM Power10 processor, specifically designed for hybrid cloud environments. This server aims to provide enhanced security, improved performance, and operational efficiency, with up to 50% more performance than its predecessor. Key features include minute-by-minute metering for Red Hat software, 4.1x greater containerized throughput, and advanced security tools. The server is expected to help businesses adapt to changing consumer behaviors, offering a scalable hybrid cloud experience to meet modern demands.

IBM has launched an enhanced experience in the ESPN Fantasy App, leveraging Watson artificial intelligence for more engaging fantasy football gameplay. The updated Trade Assistant allows players to customize trade preferences, receive personalized recommendations, and view data-driven metrics. New features include simplified trade suggestions for beginners and insights on players' performance metrics. The app also utilizes IBM Cloud technology for better data analysis and user interaction. This initiative is aimed at improving the fantasy experience for both new and seasoned players.

IBM and Mercedes have launched the "Urban Guard - Stolen Vehicle Help" service within the Mercedes me app to assist in recovering stolen vehicles. This service addresses a reported 9.2% rise in car thefts in 2020 and enhances law enforcement's ability to locate stolen cars through data sharing. Initially available in Europe since November 2020, it is now accessible to select customers in North America and the Asia Pacific. Developed using open-source technologies, the service aims to improve customer engagement by safeguarding vehicle investments.

IBM has partnered with Adobe to offer free online courses aimed at teaching design principles to students, especially from under-resourced backgrounds. This initiative is part of IBM's SkillsBuild for Students program, which provides resources for developing essential creativity skills. The program includes a 'Basic Principles of Design' course, with a digital badge credential awarded upon completion. The collaboration seeks to enhance workforce readiness and creative skills, crucial for various career paths.

IBM has launched new Secure Access Service Edge (SASE) services aimed at facilitating organizations' transition to cloud-based security models. This initiative responds to a Forrester study indicating that 78% of surveyed organizations plan to implement SASE within the next year. The new services leverage IBM's expertise in security along with Zscaler's technology, addressing the challenges posed by hybrid work environments. IBM’s SASE offering includes enhanced access management for hybrid workforces, third-party access, and support for mergers and acquisitions.

On August 23, 2021, IBM revealed the Telum Processor at the Hot Chips conference, designed to enhance real-time fraud detection in enterprise workloads. This innovative chip utilizes on-chip acceleration for AI inferencing, marking a significant advancement after three years of development. Telum aims to transform fraud detection into prevention, addressing a critical need as reported losses to fraud reached $3.3 billion in 2020. Utilizing 7nm EUV technology, Telum allows for efficient AI processing near mission-critical data, enhancing capabilities in banking, finance, and insurance sectors.

IBM has received official recognition from the American Council on Education (ACE) for its 21st-century apprenticeship program, which now allows participants to earn up to 45 college credits for their apprenticeship training. This initiative is designed to help apprentices fast-track their education towards an associate's or bachelor's degree while gaining industry-relevant skills. Over 1,000 apprentices have trained through this program, which underscores IBM's commitment to bridging the skills gap in technology and enhancing economic mobility for underserved populations.

IBM and Black & Veatch have announced a strategic collaboration to enhance Asset Performance Management (APM) solutions. This partnership aims to integrate IBM Maximo Application Suite with Black & Veatch's remote monitoring technologies, utilizing AI and near real-time data analytics to optimize asset performance. They plan to expand the IBM Digital Twin Exchange, allowing for greater accessibility to digital twin models. This initiative addresses challenges in operational efficiency, offering predictive maintenance capabilities to minimize equipment downtime and extend asset longevity.