IBM | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
IBM is a global technology innovator with over a century of experience, specializing in AI, automation, and hybrid cloud solutions....
IBM is a global technology innovator with over a century of experience, specializing in AI, automation, and hybrid cloud solutions. The company focuses on creating technology and infrastructure that helps businesses grow and improve their operations. IBM partners with developers, data scientists, and other creators to enhance the world through technology and consulting services.
Website
Headquarters
Armonk, New York, NY
Size
10,001+ employees
Industry
IT Services and IT Consulting
Specialities
Cloud, Mobile, Cognitive, Security, Research, Watson, Analytics, Consulting, Commerce, Experience Design, Internet of Things, Technology support, Industry solutions, Systems services, Resiliency services, Financing, IT infrastructure
ποΈ IBM Product and Pricing News β
π IBM CEO, Management and Leadership Team β
βοΈ IBM Alternatives and Competitors β
πΌ IBM Hiring and Layoffs β
π€ IBM Developer, Integration and Automation News β
π IBM Financials, Fundraising and Valuation News β
ποΈ IBM Product and Pricing News
- IBM's Client Engineering team, led by Manager Florian Scheil, developed 'Vina', a digital wine sommelier using Watsonx AI, showcased at the IBM Innovation Studio in Munich.
- IBM is launching Synthetic Data Sets by the end of February to help Z and LinuxONE mainframe customers quickly train and fine-tune AI models for applications like banking and money laundering.
- IBM introduced watsonx Code Assistant for Red Hat Ansible Lightspeed, an AI tool that helps developers quickly create Ansible playbooks, as announced by Md Amaan Haque, AI Engineer.
- IBM is evolving its software portfolio into four core platforms: Hybrid Cloud, Transaction Processing, Automation, and Data to help clients modernize their IT environments.
- IBM introduced IBM Concert, a platform designed to help IT managers efficiently manage their environments and applications by providing a comprehensive view of application management.
- IBM and SAP announced a new cloud transition offering for SAP S/4HANA workloads.
- On January 8, 2025, IBM's company Neudesic launched in Australia to provide cloud and AI services to ASX200 companies, with John Hanna as the CEO of Neudesic Australia.
- IBM and a leading global semiconductor manufacturer have agreed to end a years-long chip-related legal dispute.
π IBM CEO, Management and Leadership Team
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Chief Technology Leader[email protected]
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Partner and CTO Banking and Financial Markets (DACH)[email protected]
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Global Chief Technology Officer[email protected]
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Executive Partner[email protected]
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Managing Director, ISV Partner Ecosystem
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Managing Director Financial Services & Generative AI EMEA Leader
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IBM Consulting Country Delivery Director[email protected]
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Global Chief Technology Officer (CTO), Industry Platforms[email protected]
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Co-Founder[email protected]
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CTO for Cyber Security Services SPGI
βοΈ IBM Alternatives and Competitors
- SAP |
- Microsoft AI |
- Google AI |
- Adobe |
- Oracle |
- Informatica |
- Collibra |
- Alation |
- Adaptive |
- Meta |
- Amazon |
- Apple |
- Amazon Web Services (AWS) |
- Microsoft Azure |
- Google Cloud Platform (GCP) |
- Oracle Cloud Infrastructure (OCI) |
- Hewlett Packard Enterprise |
- Tata Consultancy Services |
- Accenture |
- Microsoft |
- OpenAI |
- Hewlett-Packard |
- Xerox |
- DXC Technologies |
- Cognizant Technology Solutions |
- Intel |
- VMware |
- Hello Watt |
- Evolution Road |
- Ideagen |
- AspenTech |
- Alibaba |
- Salesforce |
- Nomura
πΌ IBM Hiring and Layoffs
- Jayesh Gaur has joined IBM as Chief Architect of Power Core in India, previously serving as Principal Engineer, CPU Architect at Intel Labs.
- Nicola Hodson has joined IBM as Chair IBM UK&I in the United Kingdom, previously holding a position at another company.
- Dr Abilio Oliveira has left IBM, where he served as Chief Technology Officer in Brazil, to join ZOOMtecnologia as Solutions and Innovation Manager after previously holding the position of Chief Technology Officer at Episteme Digital.
- Dan Waddell has joined IBM as a Partner in the Washington DC-Baltimore Area, previously serving as VP of Federal Civilian Growth at Agile Defense.
- Adnan Abu Serrieh has joined IBM as Executive Partner - Growth Platform Leader, Hybrid Cloud Services in Saudi Arabia, previously serving as Vice President of Growth at Infinite pl.
- Nishit Gupta has joined IBM as Partner, Experience and Data Transformation (IBM iX and DTT) leader for ASEAN in Singapore, previously serving as Partner, IBM iX (Customer and Experience Transformation) Lead, ASEAN and APAC Lead for Salesforce at IBM iX.
- Clay Cowan has joined IBM as Chief Marketing Officer in the United States, previously serving as Partner at McKinsey & Company.
- Neha Gill has joined IBM as the CIO Office - Core Network and Hosting Leader in the United States.
π€ IBM Developer, Integration and Automation News
- IBM recently partnered with PAAL, signaling a major shift.
- IBM and Palo Alto Networks have partnered to address cybersecurity complexity by promoting a platformized approach that integrates security, hybrid cloud, and AI technologies, as revealed in a global survey on January 28, 2025.
- IBM has partnered with Ferrari to become its official Fan Engagement and Data Analytics Partner, developing an enhanced mobile application for the luxury sports car manufacturer.
- IBM Japan announced that Astellas Pharma has decided to implement the IBM Envizi ESG Suite for ESG data management, starting development in December 2024.
- Arcadis partners with IBM to integrate their technology into sustainable asset management solutions, offering real-time insights and predictive maintenance to extend asset lifecycles and reduce costs.
- IBM's AI Governance Platform will be adopted by UAE's e& News.
- IBM has partnered with Miami University and Cleveland Clinic to offer healthcare data opportunities and create Ohio's first specialized quantum computing degree.
- IBM and L'OrΓ©al announced a collaboration to use IBM's generative AI to develop a first-of-its-kind AI model for sustainable cosmetics, combining L'OrΓ©al's cosmetic science expertise with IBM's AI technology.
π IBM Financials, Fundraising and Valuation News
- IBM announced strong fourth-quarter 2024 earnings results, as shared by CEO Arvind Krishna.
- IBM's Q4 results exceeded analyst expectations with a 4% revenue increase to $17.38 billion, driven by unexpected growth in the infrastructure business and a doubling of AI-related sales, leading to a 5% after-hours stock price rise.
- IBM shares rose 9% after reporting fourth-quarter earnings that exceeded Wall Street expectations, with CEO Arvind Krishna announcing $5 billion in bookings for its generative AI business.
- IBM's Chairman and CEO Arvind Krishna discussed the company's 4Q 2024 earnings results.
- IBM's CEO announced double-digit revenue growth in Software for the quarter, driven by Red Hat, with 2024 revenue up 1% to $62.8 billion and a gross profit margin of 56.7%.
- IBM plans to acquire Applications Software Technology LLC to enhance its Oracle expertise and consulting capabilities in public sector transformations.
- IBM is acquiring HashiCorp as of January 8, 2025.
- IBM's proposed $6.4 billion acquisition of HashiCorp, aimed at enhancing its cloud management capabilities, is under scrutiny by the UK watchdog with a decision on further investigation expected by February 25.