Dec 8 : IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom. Big ...

IBM beat analysts' estimates for second-quarter revenue and raised its annual growth forecast for its software business on Wednesday, riding on higher AI-linked spending by clients looking to adopt ...

Six months after IBM adopted its “on demand” mantra, CEO Sam Palmisano proclaimed himself pleased with the progress being made to refashion IBM around that vision, during his annual midyear meeting ...

IBM will give its On Demand computing initiative a B-12 shot on Thursday announcing a handful of virtualization and grid-enabling technologies designed to streamline the infrastructure of corporate IT ...

Can elephants dance? At a recent analyst conference for IBM’s System and Technology Group, it was very clear that IBM is aggressively pushing forward to deliver on its “on demand” strategy – a very ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Bloomberg / Contributor / Getty Images IBM shares gained after delivering ...

Wedbush expects IBM (NYSE:IBM) to surpass market estimates when it releases its third-quarter financial results on Wednesday due to its diverse offerings combined with strong demand for artificial ...

Demand for IBM’s AI and hybrid cloud services helped profit at its UK arm surge by more than £100m in 2023, it has been revealed. The Portsmouth-headquartered division has reported a pre-tax profit of ...

IBM unveiled three new service offerings last week, each designed to help corporate users better automate and manage datacenters. According to a company spokesperson, the Infrastructure Management ...

A new service from IBM lets companies outsource management of their data center and get billed based on service usage volume — as opposed to upfront fees — without transferring data center IT assets ...