IBM sees 6.5% growth in Q4 driven by hybrid cloud revenue

IBM

IBM has posted its highest quarterly growth since 2011 for the final quarter of 2021, with hybrid cloud adoption driving sales.

The positive turnaround for the company suggests that Arvind Krishna’s appointment as CEO in mid-2020 is starting to bear fruit.

For the December quarter, IBM brought in revenue of £12.4 billion, up 6.5% from 2020’s results. Its best results in ten years, it also surpassed Wall Street forecasts of £12 billion.

IBM shares are up...

IBM launches modernisation centre to support hybrid cloud adoption

Cloud Adoption

Tech giant IBM has unveiled the IBM Z and Cloud Modernisation Centre, describing it as a “digital front door to training, resources, and ecosystem partners” to accelerate hybrid cloud adoption.

The centre promises to modernise clients’ applications, data, and processes through the value of open hybrid cloud architecture.

Clients will be given insights on maintaining their current IT estate whilst focusing on a strategy for their core applications and data running...

IBM transformation report establishes the dominance of hybrid cloud

IBM

IBM has found that only 3 percent of businesses still use a single private or public cloud in 2021, a drastic decrease from 29 percent in 2019.

Such a shift marks the emergence of hybrid cloud models as the dominant IT architecture in cloud transformation.

The global study was undertaken by the IBM Institute for Business Value (IBV) in partnership with Oxford Economics, surveying close to 7,200 C-suite executives from 28 industries and 47 countries.

The...

EDM Council brings together top cloud providers for data framework

Framework

Amazon Web Services, Google Cloud, IBM and Microsoft have joined forces with the Enterprise Data Management (EDM) Council – a multi-industry trade association – to publish a data management framework for the cloud.

The resultant cloud data management capabilities (CDMC) framework was developed by more than 100 companies. It involved devising a comprehensive set of standards for cloud, multi-cloud and hybrid-cloud implementations while also incorporating automated key controls...

Atos and IBM partner to accelerate cloud migration in finance sector

Atos and IBM Partnership

Atos and IBM, two key players in digital transformation and professional services, have partnered to help boost cloud migration for banks and insurance companies.

The partnership will focus around a new “Atos Cloud Centre of Excellence”.

The centre’s goal will be to increase security and regulatory compliance for financial services companies that are moving their workloads to the cloud.

In a joint statement the companies said: “With the pandemic...

IBM finalises hybrid cloud consulting company takeover

A dog in a cardboard box.

IBM has confirmed it plans to acquire BoxBoat Technologies, a premier DevOps consultancy and enterprise Kubernetes certified service provider. 

BoxBoat will extend IBM's container strategy and implementation services portfolio to further advance IBM's hybrid cloud strategy and accelerate Red Hat OpenShift adoption globally.

The heart of hybrid

John Granger, senior VP, Hybrid Cloud Services at IBM, said: "Our clients require a cloud architecture that allows...