IBM News
26 articles
growth-positive
Saudi Arabia Intrusion Detection and Prevention Systems Market Analysis Report 2025 Featuring Cisco, Palo Alto, IBM, Check Point, Fortinet, McAfee, Symantec, Trend Micro, SonicWall, Sophos
The Saudi Arabian Intrusion Detection and Prevention Systems (IDPS) market is experiencing significant growth driven by regulatory compliance and the need to combat evolving cyber threats. As Saudi Arabia undergoes digital transformation and aims to build a knowledge-based economy, the demand for robust IDPS solutions has increased. These systems are crucial for protecting sensitive data and critical infrastructure from cyber threats. Regulatory frameworks in Saudi Arabia mandate the adoption of advanced IDPS, particularly in regulated sectors like banking and government. Compliance requirements ensure that organizations invest in IDPS solutions to avoid penalties and maintain licenses, making these systems an operational necessity.
growth-positive
After falling behind in generative AI, IBM and AMD look to quantum for an edge
IBM and AMD have announced a partnership to develop next-generation computing architectures that integrate IBMs quantum systems with AMDs AI-specialized chips. This collaboration aims to create a scalable and open-source quantum computing architecture, making it more accessible to researchers and developers. The partnership is seen as a strategic move for both companies to regain their footing in the rapidly evolving generative AI landscape. By combining quantum computing with advanced high-performance computing technologies, IBM and AMD hope to push the boundaries of traditional computing and address complex real-world problems in various fields.
Partners
growth-positive
Kratos, CVS Health upgraded: Wall Street's top analyst calls
Kratos Defense (KTOS) received an upgrade from BTIG to Buy from Neutral, with a price target of $80. The company has been down-selected for the Marine Corps MUX TACAIR program, which is expected to drive significant growth in its Unmanned Systems segment. The firm has earmarked funding for the program in FY26, and there is a broader $8.8 billion unmanned request. This upgrade reflects a positive outlook for Kratos Defense, as the company is positioned to benefit from increased funding and demand in the unmanned systems market.
growth-positive
OX Security Appoints Ohad Cohen as Chief Revenue Officer to Accelerate Global Growth
OX Security, a leader in application security, has appointed Ohad Cohen as its new Chief Revenue Officer (CRO). This move is part of OXs strategy to scale its global sales operations and enhance its go-to-market strategy. Cohen, who previously served as Vice President of Sales, played a crucial role in establishing OX as one of the fastest-growing companies in application security, achieving $10 million in sales and tripling its customer base in the past year. OX Security is trusted by over 200 organizations, including Microsoft, IBM, and Intel. The company focuses on providing AI-driven remediation and comprehensive security coverage across the software development lifecycle. Cohens appointment is expected to strengthen OXs strategic partnerships and expand its presence in enterprise and commercial markets.
Management ChangesCustomersPartners
growth-positive
New to The Street Show #682 Premieres on Bloomberg Tonight Featuring Industry Leaders: DataVault, PetVivo, Health In Tech, FLOKI, and NRx Pharma Backed by National TV Commercials and Outdoor Campaigns Sponsored by MUSQ, ArriveAI, and Sustainable Green Team
PetVivo Holdings Inc. is experiencing growth through the commercial rollout of its SPRYNG with OsteoCushion Technology, now adopted by over 1,200 veterinary clinics across the United States. The company has also entered a new partnership with Commonwealth Thoroughbreds to advance equine joint wellness and performance. This expansion reflects PetVivos leadership in the animal therapeutics market, offering a drug-free solution to joint pain. The article highlights the companys strategic moves and partnerships, contributing to its positive growth trajectory.
CustomersPartners
growth-positive
Enterprise IT Security Outlook Report 2023-2025-2028 | Competitive Analysis of Microsoft, Palo Alto Networks, Trend Micro, Check Point Software Technologies, and IBM
The article discusses a report added to ResearchAndMarkets.coms offerings, focusing on the global enterprise IT security market through 2028. The market, valued at $173.8 billion in 2023, is projected to grow at a CAGR of 11.8% over the forecast period. Managed security services are expected to dominate revenue, with BFSI and manufacturing as key verticals. North America leads regionally, with significant revenue growth anticipated. The report provides insights into market trends, drivers, and challenges, highlighting the importance of IT security in preventing costly breaches. The report is positioned as a valuable resource for understanding the competitive dynamics and opportunities within the enterprise IT security landscape.
growth-positive
Varonis Introduces Next-Gen Database Activity Monitoring
Varonis Systems, Inc. has announced the release of its Next-Gen Database Activity Monitoring (DAM), a cloud-native solution designed to enhance database security and compliance. This new offering addresses the limitations of legacy DAM solutions by providing a fast, agentless, and comprehensive approach to data protection. The Next-Gen DAM is part of Varonis Data Security Platform and includes features such as activity monitoring, user behavior analytics, data discovery, and automated remediation. The solution supports major databases like Databricks, Microsoft SQL Server, and Amazon RDS, among others. This release positions Varonis as a leader in the data security market, particularly in the AI era, where protecting sensitive data is increasingly critical.
Product Stage
growth-positive
3 Top Cybersecurity Stocks to Buy in July
The article discusses the growing importance of cybersecurity as global spending in the sector is expected to increase significantly. It highlights three companies: Check Point Software Technologies, IBM, and Broadcom, as strong investment opportunities in the cybersecurity space. Check Point is noted for its AI-powered cybersecurity tools and strong financial performance, with a significant increase in revenue and remaining performance obligations. IBM, while not a pure-play cybersecurity company, offers robust security solutions and has a strong market presence in mainframe computers. Broadcom, after acquiring VMware, has expanded its cybersecurity offerings, contributing to its strong financial growth. The article suggests these companies are well-positioned to benefit from the increasing demand for cybersecurity solutions.
Customers
growth-positive
Charter to combine with Cox, Take-Two reports mixed Q4 results: Morning Buzz
Charter Communications (CHTR) is set to merge with Cox in a deal valuing Cox at an enterprise value of $34.5 billion. This merger is seen as a major positive for Charter, as indicated by Oppenheimers upgrade of the company to Outperform. The article also mentions other companies like Take-Two, Applied Materials, and Novo Nordisk, with various updates on their financial results and management changes. Additionally, the article touches on broader market trends, including consumer sentiment data, housing starts, and commodity prices. The merger between Charter and Cox is expected to have a significant impact on the telecommunications industry.
Acquired-by
growth-positive
The IBM z17 mainframe can process 450 billion AI inferences a day, a significant step up from what its predecessor could.
IBM has announced the release of its latest mainframe hardware, the IBM z17, which is designed to accelerate AI adoption. The z17, powered by the IBM Telum II processor, supports over 250 AI use cases and can process 450 billion inference operations per day, a 50% increase over its predecessor. The mainframe is designed to integrate with other hardware and software, and it includes 48 IBM Spyre AI accelerator chips, with plans to increase to 96 within a year. The z17 is more energy-efficient and adaptable to future AI developments. It will be generally available on June 18.
Product StageCustomers
growth-negative
IBM cuts jobs as it shifts focus to AI
IBM announced plans to lay off 1.5% of its global workforce during its fourth-quarter earnings call in January. The company is yet to disclose the exact number of employees to be let go. The layoffs are part of a workforce rebalancing strategy, driven by increases in productivity and a push to align the workforce with in-demand skills, particularly in AI and hybrid cloud. Despite the layoffs, IBM plans to hire in higher-growth areas. The companys CEO, Arvind Krishna, previously stated that nearly 8,000 back-office roles could be replaced with AI in the next five years.
Layoffs
growth-positive
7 Dividend Stocks That Are Screaming Buys Right Now: July 2023
The article discusses seven companies that are considered good buys for dividend stocks. These include Exxon Mobil, Chicago Rivet & Machine, IBM, Packaging Corp of America, BHP, Weyco, and G. Willi-Food. The author suggests that these stocks may be particularly relevant given the current market conditions, including lower than expected job reports and inflation readings. The companies offer consistent payouts and have a history of dividend increases. The author also notes that these companies are in sectors that are expected to remain relevant in the future.
Investment
growth-negative
IBM laying off dozens of storage software developers in Israel | CTech
IBM is laying off dozens of storage software developers in Israel. The employees being laid off are not involved in IBMs research activities in Israel. This comes as part of a series of job cuts made by tech giants in Israel in recent months. The layoffs are happening at IBMs development center in Israel, which was established after IBM acquired the Israeli startup XIV in 2008. IBM Israel currently employs around 3,000 people in five centers.
LayoffsAcquisition
growth-positive
הישראלית שהיתה חוקרת בנאס"א ולימדה את המחשב להתווכח - תנהל את מעבדות יבמ בחיפה
Dr. Aya Super has been appointed as the new research laboratory manager at IBM in Haifa, replacing Oded Cohen. Dr. Super will also continue to serve as the deputy president for artificial intelligence technologies at the company. Her role focuses on natural language processing and AI-based conversational systems for the business sector.
Management Changes
growth-positive
כך יעבדו הרחפנים של יבמ שיתחזקו את גשרי הענק
IBM has developed a new drone system to detect infrastructure defects. The system uses artificial intelligence for navigation and computer vision for image analysis and processing. The drones are already in use by infrastructure company Sund & Baelt, which operates the Oresund Bridge between Denmark and Sweden, and is building the worlds longest immersed tunnel between Denmark and Germany. IBM is also working with Autostrade per lItalia to maintain thousands of roads, bridges and tunnels across Italy.
PartnersExpand
growth-negative
IBM fires dozens of employees in Israel office
IBM is laying off several dozen employees in Israel as part of the reorganization of its sales department. The layoffs are believed to be part of a wave of firings that began in May due to a significant drop in income from providing services solutions. IBMs R&D center in Israel will not be affected by the layoffs. IBM announced in October its plans to split off its computing infrastructure division into a private entity valued at tens of billions of dollars. IBM Israel, heavily involved in computing infrastructure, has suffered from the increased popularity of cloud services.
Layoffs
growth-positive
בלעדי ל-Chiportal: הצוות הישראלי של יבמ היה שותף בכל שלבי פיתוח פאואר 10 בטכנולוגית 7 ננומטר - Chiportal
IBM has unveiled the next generation of its IBM POWER family, the IBM POWER10. The new processor is designed to meet the unique needs of hybrid cloud computing. The processor is expected to deliver up to three times the energy efficiency and workload capacity of IBM POWER9 processors. IBM POWER10 processors are the first commercial processors from IBM built using 7-nanometer process technology. Systems using IBM POWER10 processors are expected to be available in the second half of 2021.
Expand
growth-negative
IBM Israel laying off dozens in storage division
IBM is reorganizing its Tel Aviv development center, resulting in layoffs. The company is undergoing changes and adapting its product portfolio in the storage sector. IBMs storage operations in Israel are based on the $300 million acquisition of XIV in 2008. The layoffs are part of IBMs worldwide reorganization of products.
Layoffs
growth-positive
A.I. Could Help Humans Break Out of Their Echo Chambers
Dr. Ranit Aharonov, global manager of Project Debater at IBM Research, spoke about the companys A.I. system that can debate human beings on various topics. The system aims to show how computers and humans interact and can be used to present the other side of the story. It has the potential to empower people and advance society, but caution must be taken to address biases. The technology could be useful for decision making and breaking up echo chambers. The article was published on November 6, 2018.
CustomersPartners
growth-positive
IBM acquires Red Hat for $34 billion
IBM has announced the acquisition of Red Hat for $34 billion. This acquisition positions IBM as the worlds #1 hybrid cloud provider. IBM Chairman and CEO, Ginni Rometty, believes that this acquisition is a game-changer for the cloud market and will unlock the full value of the cloud for businesses. Red Hats President and CEO, Jim Whitehurst, is proud of the role Red Hat has played in making open source the default choice for modern IT solutions. Joining forces with IBM will provide Red Hat with greater scale, resources, and capabilities to accelerate the impact of open source and bring it to a wider audience.
Acquisition
growth-positive
IBM showcases debating robot in Israel sired by Haifa team
IBMs Project Debater, an AI-powered computer, engaged in a debate with two human debaters in Israel. The computer, developed by IBMs Haifa research team, showcased its ability to generate opinions, listen and understand opponents, and express human dilemmas. The event marked a significant milestone in the development of AI technology, according to IBMs Israel CEO. While the boundaries of debates make it challenging for the computer to learn from its mistakes, the project demonstrates the potential for human-machine interaction. The computer cited vast amounts of information during the debate, including Ayn Rands views on mass surveillance and FDA reports on genetic engineering. The results of the debate were mixed, with the robot tying with the human debater in the first debate and scoring higher on knowledge and speech clarity in the second debate.
Customers
growth-positive
IBM Appoints Aya Soffer As Vice President of AI Technology
IBM has appointed Aya Soffer as vice president of artificial intelligence technology research. In her new position, Soffer will run IBMs global AI research and development operations in 12 centers worldwide. Soffer has been with the company for nearly 20 years and has headed teams developing technologies for various applications. IBM has several additional offices and research centers in Israel.
Management Changes
growth-positive
IBM sets up cybersecurity lab in Beersheva
IBMs global security division has announced the expansion of its Cyber Center of Excellence (CCOE) and the launch of a new laboratory in Beersheva, Israel. The laboratory, located in the Bayside Land high-tech project, is IBMs largest outside of the US. The expansion is seen as a vote of confidence by the parent company in the Israeli laboratory and its ecosystem of cybersecurity specialists. The laboratory will focus on developing advanced protection technologies and collaborating with IBMs security divisions product units. Research areas include detecting insider threats, improving biometric algorithms, network security for connected vehicles, and security for endpoints. IBMs security division operates in 130 countries and has a turnover of $2 billion annually.
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growth-positive
IBM to Close Jerusalem Offices, Move to Greater Tel Aviv
IBM is shutting down its offices in Jerusalem to consolidate its operations in Israel. The company is building a new research and development center near Tel Aviv, where most of the Jerusalem-based employees are expected to transfer. IBM has invested $57 million in the new offices, which will cover more than 115,000 square feet of the Shahar building. The centrally-located center will employ hundreds of experts in cybersecurity, artificial intelligence, cloud computing, analytics, and data storage. The consolidation aims to allow different teams to work together more efficiently. IBM also has offices in Haifa, Petah Tikva, Tel Aviv, and a cyber research center at Ben-Gurion University of the Negev.
Expand
growth-positive
IBM Israel, Watson IoT, Harman develop "smart room"
IBM, in collaboration with Watson IoT and Harman International, has developed a system of smart rooms with verbal control. These cognitive rooms can answer questions and respond to orders from hotel guests and hospital patients. The system, based on Watson IoTs call services, understands the users needs and generates insights based on their requests. The smart rooms are expected to be useful for hotels, hospitals, cruise ships, and board rooms. The development of these smart rooms indicates growth for IBM in the IoT sector.
Customers
growth-positive
Another billion-ish buyout: IBM buys Israeli security firm
IBM is acquiring Israel-based Trusteer, a maker of security software, in a deal rumored to be worth between $800 million and a billion. Trusteer will become the nucleus of a new IBM cyber-security research center. Trusteers software prevents malefactors from taking over bank accounts and stealing information. IBM has a very active presence in Israel with five large R&D facilities. Trusteer is IBMs 12th acquisition in Israel since 1998 and will become the base for a new R&D lab that will develop security solutions for cloud services.
AcquisitionPartners
