New offering designed to move SAP S/4HANA workloads from IBM Power Systems on-premises to cloud within 90 days IBM realized 30% reduction in infrastructure costs and related operations over 18 months in RISE with SAP modernization project supporting 150,000 ERP users ARMONK, N.Y. and WALLDORF, Germany, Jan. 7, 2025 /PRNewswire/ -- Today, IBM (NYSE: IBM) and SAP SE (NYSE: SAP) announced the upcoming release of RISE with SAP on IBM Power Virtual Server, designed to make it the fastest and easiest path for IBM ...

The report found that 81% of surveyed executives and 96% of their teams are already using AI to a moderate or significant extent  Executives indicate they want to expand into more sophisticated AI use cases, such as integrated business planning where they plan to increase usage by 82% in 2025NEW YORK, Jan. 7, 2025 /PRNewswire/ -- A new global study from the IBM (NYSE: IBM) Institute for Business Value found that surveyed retail and consumer product executives are dramatically shifting their focus toward ar ...

The first phase of the artificial intelligence (AI) boom was undoubtedly defined by powerful large language models capable of a large variety of tasks. AI models like those that power ChatGPT can do a lot of things reasonably well, although they still output incorrect information and fabricated responses at times.The second phase will likely be defined by AI agents, which are narrow in focus and can be designed to autonomously handle related tasks. Imagine a customer service AI bot that can chat with custom ...

Legal Settlement and Background - IBM has reached a confidential settlement with GlobalFoundries, resolving all disputes related to breach of contract, trade secrets, and intellectual property claims [1] - IBM sold its semiconductor plants to GlobalFoundries in 2015 and later sued them in 2021 for breaching a $1.5 billion contract to manufacture high-performance chips [2] - In 2023, GlobalFoundries countersued IBM, accusing them of misappropriating chipmaking trade secrets and sharing them with Intel and Rapidus [3] Strategic Partnerships and Industry Position - IBM has formed partnerships with Intel and Japan-based Rapidus Corporation to advance semiconductor manufacturing innovation and develop next-generation technologies [2] - IBM holds a leadership position in hybrid cloud and AI, serving around 4000 government and corporate entities across various sectors [4] - GlobalFoundries is a major player in semiconductor manufacturing, with a strong presence in automotive, smart mobile devices, IoT, and communications infrastructure [4] Market Performance and Future Prospects - IBM's stock has gained 36.7% in the past year, outperforming the industry's 9.4% growth [7] - The resolution of legal disputes between IBM and GlobalFoundries opens avenues for future collaboration, combining IBM's research capabilities with GlobalFoundries' manufacturing expertise [5] - This collaboration is expected to enhance IBM's commercial prospects and drive the development of cutting-edge solutions across industries [5] Zacks Rank and Peer Analysis - IBM currently holds a Zacks Rank 3 (Hold) [9] - Keysight Technologies (KEYS) has a Zacks Rank 2 (Buy) and is expected to benefit from trends in automotive electronics, space applications, and driver-assistance systems [9] - InterDigital (IDCC) holds a Zacks Rank 1 (Strong Buy) and is a pioneer in advanced mobile technologies, with a strong focus on wireless communications and digital cellular networks [10]

In Brief The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition.The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to clear the deal or refer it for further review. As The Wall Street Journal reports, IBM announced it agreed to buy HashiCorp in April f ...

Investors might want to bet on IBM (IBM) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changi ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. IBM (IBM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.IBM is a member of the Computer and Technology sector. T ...

IBM (IBM) closed at $221.93 in the latest trading session, marking a -0.64% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.98%.Prior to today's trading, shares of the technology and consulting company had gained 0.17% over the past month. This has lagged the Computer and Technology sector's gain of 3.28% and the S&P 500's gain of 0.34% in that time.The upc ...

Looking for an undervalued AI opportunity at the doorstep of 2025? You should take a look at this tech giant before it's too late.A skeptical market is finally starting to see International Business Machines (IBM -0.25%) as a leading name in the artificial intelligence (AI) market. As a result, IBM's stock has gained a market-beating 37% in 2024 -- or 44% if you look at total returns with reinvested dividends.Is Big Blue still a buy after this swift rise, or is the growth engine running out of rocket fuel? ...

International Business Machines Corporation (IBM) has entered a strategic partnership with Lockheed Martin, a global leader in defense technology. Lockheed Martin has opted to integrate IBM’s high-performance, enterprise-grade, cost-efficient Granite large language models to expedite AI-driven innovation in aerospace and defense applications. In the face of a rapidly changing and multifaceted global security environment, advanced AI is gaining prominence in modern military applications. The use of AI-powere ...