Other key findings include: ARMONK, N.Y., June 10, 2025 /PRNewswire/ -- A new study by the IBM (NYSE: IBM) Institute for Business Value reveals that enterprises are expected to significantly scale AI-enabled workflows, many driven by agentic AI, relying on them for improved decision making and automation. The AI Projects to Profits study, which surveyed 2,900 executives globally, revealed that respondents expect AI-enabled workflows to grow from 3% today to 25% by the end of 2025. With 70% of surveyed execu ...

Core Insights - Pure Storage announced Portworx for KubeVirt, a software-defined storage solution designed for virtualization-centric workloads on Kubernetes using Red Hat OpenShift Virtualization Engine [1][2] - The integration of Portworx with Red Hat OpenShift allows enterprises to deploy and manage virtual machines (VMs) more efficiently, optimizing functionality while reducing total cost of ownership [2][3] Group 1: Product Features and Benefits - Portworx for KubeVirt provides a cost-effective and low-risk approach for running VM workloads on Kubernetes, addressing modern virtualization challenges [1][2] - The Red Hat OpenShift Virtualization Engine focuses on VM workloads, simplifying the deployment, management, and scaling of VMs [3] - Customers using Portworx with Red Hat OpenShift have reported approximately 30% to 50% cost savings in the past year compared to previous virtualization expenditures [6] Group 2: Strategic Partnerships and Market Position - The partnership between Pure Storage and Red Hat aims to support organizations transitioning to cloud-native environments while still relying on virtualization solutions [4] - The collaboration enhances the capabilities of Red Hat OpenShift Virtualization Engine by integrating Portworx's enterprise-grade data management [4] - Pure Storage emphasizes its commitment to evolving its platform with zero planned downtime, aligning with customer needs for flexibility and modernization [5][6]

Core Insights - A global study by IBM reveals that CEOs are committed to advancing AI solutions despite challenges from rapid technology adoption [1][2] Group 1: AI Investment and Adoption - 2,000 CEOs surveyed expect AI investment growth to more than double in the next two years, with 61% actively adopting AI agents [2][7] - 50% of CEOs report that rapid investment has led to disconnected technology within their organizations [7][8] - Only 25% of AI initiatives have delivered expected ROI, and 16% have scaled enterprise-wide [8] Group 2: Data and Collaboration - 68% of CEOs identify integrated enterprise-wide data architecture as critical for cross-functional collaboration [3] - 72% view proprietary data as key to unlocking the value of generative AI, yet 50% acknowledge challenges in cultivating an effective data environment [3][8] Group 3: Leadership and Talent - 69% of CEOs believe success is tied to having leaders with a deep understanding of strategy and decision-making authority [6][12] - 67% of CEOs state that differentiation depends on having the right expertise in the right positions with appropriate incentives [12] Group 4: Innovation and Risk Management - CEOs face pressures of balancing short-term ROI with long-term innovation [5][8] - 64% acknowledge that the risk of falling behind drives premature investment in technologies [8] - 59% admit struggles in balancing funding for existing operations and innovation during unexpected changes [8] Group 5: Future Expectations - By 2027, 85% of CEOs expect positive ROI from investments in scaled AI efficiency and cost savings [8] - 77% anticipate a positive return from investments in scaled AI growth and expansion [8]

Core Insights - IBM plans to invest $150 billion in America over the next five years to enhance its role in global computing and stimulate the economy [1] - The investment includes over $30 billion dedicated to research and development for mainframe and quantum computer manufacturing in the U.S. [1] - IBM emphasizes its commitment to American jobs and manufacturing, aiming to maintain its leadership in advanced computing and AI capabilities [1] Investment and Economic Impact - The investment is expected to create new economic opportunities in the U.S. and globally, reinforcing IBM's commitment to innovation [4] - IBM's mainframes, manufactured in Poughkeepsie, New York, handle over 70% of the world's transactions by value, highlighting their critical role in the economy [2] Quantum Computing Initiatives - IBM operates the world's largest fleet of quantum computer systems, with plans to continue designing and assembling these systems in America [3] - Quantum computing is identified as a significant technological shift that will address problems beyond the capabilities of conventional computers, enhancing American competitiveness and national security [3] - IBM's Quantum Network provides access to quantum systems for nearly 300 Fortune 500 companies and has over 600,000 active users [3]