Cartesian Consulting, a global analytics firm, on Tuesday announced that the company is using IBM Cloud Paks on Red Hat OpenShift to power ZipCast, a solution that helps clients accelerate enterprise-scale demand forecasting for the Retail, Consumer Packaged Goods, Distribution and Manufacturing industries. ZipCast puts forecasting on steroids. It enables forecasting at scale and complexity at a base unit level (e.g. store-SKU), that can be used for demand planning and inventory optimization. The solution is designed to automate the model building and forecasting process to help data scientists save time and focus on higher-value work.
Tech major IBM has launched a Cloud Satellite to give wings to its hybrid cloud strategy in India. The cloud satellite is a unifying layer of cloud services, available across locations, offering businesses control on critical data delivered via IBM Cloud, regardless of where the data resides, the company said. Clients can now deploy cloud services securely in a multi-cloud environment for both public and private cloud, on-premises, or at the edge. For instance, IBM Cloud Satellite will support satellite locations on Amazon Web Services, Azure and Google Cloud.
To accelerate consumption of our hybrid cloud platform, we are also rapidly expanding our ecosystem – Arvind Krishna, IBM CEO
I want our partners to be the best at establishing a hybrid cloud architecture and an AI footprint at our clients. Look at the market opportunity. If I look at that intersection, let‘s just call it a trillion-dollar addressable market. To accelerate consumption of our hybrid cloud platform, we are also rapidly expanding our ecosystem by adding hundreds of new partnerships with global systems integrators, independent software vendors and major third-party software partners, and also elevating the role of partners. We are investing $1 billon in our ecosystem so that our partners can play a much bigger role in fulfilling the many needs of our clients.
File startup LucidLink has coupled its Filespaces NAS software with IBM Cloud Object Storage, a further sign that cloud-native file services have reached maturity. IBM is the latest OEM partner for LucidLink, a San Francisco-based NAS software vendor that allows shared access to dense file volumes in the cloud. The LucidLink IBM Cloud bundle implements Filespaces cloud file storage as a service on top of IBM object storage. The vendor claims Filespaces allows data to be accessed from any location, regardless of file size or type.
Through our upcoming collaboration, FogHorn will leverage IBM Edge Application Manager to deliver edge-to-cloud – Chris Penrose, Chief Operating Officer at FogHorn
With computing done in so many places—on public and private clouds and the edge–the challenge that businesses face is to connect all these different elements into a cohesive, end-to-end platform. Through our upcoming collaboration, FogHorn will leverage IBM Edge Application Manager to deliver edge-to-cloud FogHorn solutions for our customers that can help them make more informed decisions with their data, in real-time. Combining FogHorn’s vertical expertise with IBM’s cloud know-how, we will create the opportunity to address a wide range of edge use cases which has the potential to deliver operational savings, improved up-time, reduced waste and lower energy consumption..
FogHorn, a developer of edge computing AI software for industrial and commercial Internet of Things (IoT) solutions, today announced plans to collaborate with IBM. The common goal is to provide an open and secured next-generation hybrid cloud platform with advanced, edge-powered artificial intelligence (AI) and closed-loop system control capabilities. By bringing together edge and cloud capabilities, FogHorn and IBM plan to help supply chain managers rapidly deploy, process, store, analyze and train critical data from edge to cloud and enhance business processes.
IBM has laid the Groundwork to Rapidly Grow Hybrid Cloud & AI Business through its Partner Ecosystem
Less than two years after its Red Hat acquisition, IBM is ready to shift its ecosystem strategy into high gear. That’s according to Bob Lord, senior vice president of worldwide ecosystems and blockchain at IBM. The redesign of IBM’s partner ecosystem strategy began with the company’s $34 billion purchase of Red Hat in July 2019. The renewed strategy centered around Red Hat OpenShift, an open-source container application platform that Lord described as “a fundamental piece of platform software that enables [IBM] to activate the ecosystem at scale” and pursue hybrid cloud market opportunities. After reengineering IBM’s go-to-market approach, along with its supporting programs and resources, partners can now accelerate adoption of OpenShift-based hybrid cloud architecture and AI platforms, he said.
As IBM seeks to verticalize its hybrid cloud offerings, as it has with IBM Cloud for Financial Services and IBM Cloud for Telecommunications, Bob Lord, senior vice president of worldwide ecosystems and blockchain at IBM noted partners will play a key role in that strategy. He said IBM views its ecosystem partners as part of the overall value proposition for customers in vertical markets. “It is important to build the technology, but it is just as important to build the ecosystem around the technology, because, to a client, that is really the power. [You] can port into one cloud, and by the way, [you] get access to this ecosystem,” he said.
Luminor Bank and IBM announced a new five year agreement was signed in December under which IBM Services will support Luminor to help accelerate its digital transformation while continuously strengthening security and regulatory compliance processes by migrating its IT infrastructure to IBM Cloud for Financial Services. With IBM, Luminor aims to accelerate its adoption of next-generation technology and digital-driven solutions in a hybrid cloud environment to help deliver better outcomes across business processes, enable faster application deployments and bring agility with enhanced security and resilience.
Luminor will create a new digital platform as the foundation for the bank’s future growth and digital innovation development in an agile and compliance focused IT environment. The platform will run on IBM Cloud for Financial Services which includes the IBM Cloud Framework for Financial Services, a set of security and compliance control requirements that allow financial institutions to confidently host key applications and workloads. The platform also includes the same industry-leading confidential computing capabilities found in IBM Z, and ‘Keep Your Own Key’ encryption capabilities delivered via IBM Hyper Protect Services and backed by the highest level of security certification commercially available. This gives enterprises the ability to retain control of their own encryption keys so clients are the only ones who can control access to their data.
IBM Global Business Services will provide Luminor with Deep Industry Expertise & Access to its Technological Innovation in Cloud
As part of the agreement, IBM Global Business Services will provide Luminor with deep industry expertise and access to its technological innovation in Cloud, AI and Security which can enhance its ability to develop new products and digital services. IBM Global Technology Services will manage Luminor’s IT operations and help transform its core banking and integration platform supported by an AI driven delivery model. Peter Bosek, CEO of Luminor said: “This partnership is critical to Luminor as we enter the next stage of growth in our transformation program; working with IBM can significantly improve our technological agility and can accelerate the digitization of the business. Migrating to the IBM Cloud for Financial Services can allow us to enhance our products and services for customers and bring innovative global banking products to the Baltic banking market.”
We are pleased to partner with IBM for this multi-year program. IBM has leading edge capabilities both in technology operations and in understanding the specific regulatory compliance, security and resiliency needs for the banking industry. This program can also help speed up the implementation of advanced Cybersecurity, Compliance and Regulatory solutions.
By adopting IBM Cloud for Financial Services, Luminor is able to take a holistic approach to Security – Howard Boville, Senior Vice President, IBM Hybrid Cloud
IBM is bringing decades of industry experience and leadership in security to help Luminor transform their operations and bring innovative experiences to its customers. By adopting IBM Cloud for Financial Services, Luminor is able to take a holistic approach to security and address their regulatory compliance requirements while still focusing on innovation and business growth for the benefit its customers.
IBM Cloud and Cognitive Software sales dropped 5 per cent to $6.8 billion, below the $7.18 billion estimates
A weak cloud and cognitive software performance saw IBM shares sliding 6.6 per cent after the company missed Q4 revenue estimates, posting its fourth straight quarter of revenue decline. Cloud and Cognitive Software sales dropped 5 per cent to $6.8 billion, below the $7.18 billion estimates. Last quarter, this segment was up 7 per cent. “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment,” says CEO Arvind Krishna.
We made progress in 2020 growing our Hybrid Cloud Platform as the Foundation for Our Clients – IBM CEO Arvind Krishna
We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment. The actions we are taking to focus on hybrid cloud and AI will take hold, giving us confidence we can achieve revenue growth in 2021.
We are well positioned for success as the leading Hybrid Cloud Platform Company – James Kavanaugh, IBM Senior Vice President & Chief Financial Officer
In 2020 we increased investment in our business across R&D and CAPEX, and since October, announced the acquisition of seven companies focused on hybrid cloud and AI. With solid cash generation, steadily expanding gross profit margins, disciplined financial management and ample liquidity, we are well positioned for success as the leading hybrid cloud platform company.
IBM has acquired five companies in a span of just three months to build up its hybrid cloud consulting business some of which specialize in providing managed cloud services to IBM competitors. The latest acquisition is Taos, a 30-year old IT vendor now focused on providing cloud-based professional and managed services. The company helps large IT organizations in the financial services, healthcare, retail and transportation markets migrate data center workloads to multiple clouds. It has partnerships with a number of IBM competitors, including AWS, Google Cloud and Microsoft Azure. The company also offers users a range of platform engineering and hybrid cloud managed services.
These acquisitions make it clear what IBM’s goals are for the support of Hybrid Clouds – Judith Hurwitz, President and CEO of Hurwitz & Associates
These acquisitions make it clear what IBM’s goals are for the support of hybrid clouds. They want to plant a variety of cloud services on top of any major cloud platform their corporate users have. These acquisitions are meant to give them the added expertise to support the transport of workloads across multiple clouds.
IBM Security recently announced new technology initiatives leveraging Amazon Web Services (AWS) to help clients simplify and extend their security visibility across AWS and hybrid cloud environments. Notably, IBM Security Services was previously recognized as an AWS Premier Consulting Partner and includes support for many AWS security services, including AWS Network Firewall, AWS CloudTrail, Amazon Inspector, Amazon Detective, and Amazon GuardDuty.