The Business Times

IBM

Companies & Markets

IBM falls most in 15 months on tepid software sales

Transaction processing sales, which were mostly flat in the quarter, are housed in the software unit, dragging the segment’s performance.
Telcos, Media & Tech

IBM’s software sales disappoint, eclipsing AI mainframe revival

IBM introduced its new Power11 chips on Tuesday, marking its first major update to its “Power” line of chips since 2020.
Telcos, Media & Tech

IBM rolls out new chips and servers, aims for simplified AI

IBM CSO Christina Shim
ESG

Renewable energy source important factor in location of IBM data centres

Recent breakthroughs in quantum computing have driven up interest in the sector, though executives remain divided on when the technology will have real-world applications.
Telcos, Media & Tech

IBM to invest US$150 billion in US over next five years to aid quantum push

The z17 is the first new machine since 2022, which fits the company’s general three-year update cycle for its mainframes.
Telcos, Media & Tech

IBM launches new mainframe in bet that some data stays local

Rediscovering an old favourite such as Cisco has emerged as something of an investment theme on Wall Street.
Telcos, Media & Tech

Cisco and IBM show old-school tech names can be AI winners too

IBM has been transforming itself from a conventional computer company into one focused on software and services.
Telcos, Media & Tech

IBM gives long-term sales growth outlook that tops expectations

The company's software segment recorded its biggest revenue jump in five years, as customers prioritised spending on cloud infrastructure amid a rush to adopt the data-intensive generative AI technology.
Telcos, Media & Tech

IBM beats profit estimates as AI shift boosts software performance, shares surge

IBM has worked to transform itself from a conventional computer company into one focused on high-growth software and services.
Telcos, Media & Tech

IBM posts soft revenue growth as consulting woes continue

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