The new company will be entirely focused on managing and modernizing client-owned infrastructures, a $500 billion market opportunity. endstream endobj startxref De!ning the Hybrid Cloud A hybrid cloud is an environment that integrates traditional IT with a combination of public, private, or managed cloud services. We believe the future will be driven by hybrid cloud hence, the expansion of IBM Hybrid cloud practice is intrinsic to our strategy. +1 914-499-6565 IBM Multicloud Management Services allows your business to use multiple public clouds from many vendors, such as IBM, AWS, Azure, Google, Alibaba or others, to deliver its IT services. This creates two industry-leading companies, each with strategic focus and flexibility to drive client and shareholder value. As IBM is currently in its normal financial closing process, these are approximate figures and are subject to revision until IBM reports its full third-quarter results as planned later this month. NewCo will also be able to partner fully across all cloud vendors, opening new avenues for growth, while maintaining a strong strategic partnership with IBM and continuing to serve existing and new clients. This platform facilitates the deployment of powerful AI capabilities to enable the power of data, application modernization services, and systems. This includes streamlining its geographic model and transforming its go-to-market structure to better engage with and support clients. As a result, the final results and other disclosures for the 2020 third quarter may differ materially from this preliminary data. As companies increasingly adopt a multi-cloud strategy, though, it is crucial to put in place an architecture designed to tie all these environments together and grow in-line with business needs. Media: In a hybrid cloud environment, an organization uses a blend of public and private clouds, on or off premises, to meet its IT needs. To tackle the bottleneck, IBM offers its Cloud Pak solution, which is an artificial intelligence-infused software portfolio that runs on Red Hat OpenShift platform. IBM's secure, mission-critical public cloud is designed to provide all required regulatory controls, and offers clients a foundation of open source software, security leadership, and enterprise-grade infrastructure. Girl City Drone and Phone Fantastic Protected Species Life and Art Asia Featured %PDF-1.3 %���� NewCo's services will enable enterprises to build agility and efficiency into their infrastructure and datacenters. IBM's Systems business, integrated with the hybrid cloud platform, allows cloud-native developers to capitalize on the unique capabilities of IBM's hardware. Industry observers said IBM’s sharper focus on hybrid cloud deployments could result in the new company collaborating with public cloud leaders as IBM pursues multi-cloud deployments intended to avoid vendor lock-in. IBM is acquiring Instana, an applications performance management startup. IBM's open hybrid cloud platform architecture, based on Red Hat OpenShift, works with the entire range of clients' existing IT infrastructures, regardless of vendor. "Our multi-year transformation created the foundation for the open hybrid cloud platform, which we then accelerated with the acquisition of Red Hat. IBM’s cloud strategy focuses on hybrid and multi cloud environments that allow enterprises to use platforms and services they have already invested in. The preliminary results of operations are subject to revision as the company prepares its financial statements and disclosure for the 2020 third quarter, and such revisions may be significant. In other words, by building the tools necessary to migrate legacy applications into a format that’s optimized for OpenShift, IBM is giving companies an opportunity to move to a hybrid cloud environment that supports public and private cloud, and to leverage a multi Building on IBM's hybrid cloud foundation, the company acquired Red Hat to unlock the full value of the cloud for clients, further accelerating adoption of the platform. Now is the right time to create two market-leading companies focused on what they do best. +1 347-891-1770 It helps organizations to have a multicloud without having a hybrid cloud, or to have a multicloud as part of a hybrid cloud. Following the completion of the separation, each company's dividend policy will be determined by its respective Board of Directors. Patricia Murphy h�b```f``�a`c`b`@ �;��X�6��,��,�8-ټ�Z��X��q53m��̜7��ʗ�p �.�Ua)7���5x. IBM will host an investor webcast beginning at 8 a.m EDT, Thursday, October 8, 2020. With over $20B in annual cloud revenue, IBM has built a leading enterprise hybrid cloud business. 0 IBM's multi-cloud management strategy makes sense given its history of managing IT complexity. IBM is updating its cloud portfolio with new capabilities to help clients move to a hybrid cloud environment, according to a press release on the company’s website. At the same time, our managed infrastructure services business has established itself as the industry leader, with unrivaled expertise in complex and mission-critical infrastructure work. It has relationships with more than 4,600 technology-intensive, highly regulated clients in 115 countries, including more than 75% of the Fortune 100, a backlog of $60 billion, and more than twice the scale of its nearest competitor. IBM will also have more than 50% of its portfolio in recurring revenues. IBM is betting big on the next emerging cloud market -- the “hybrid” multicloud. Except for the historical information and discussions contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 128 0 obj <> endobj IBM recently announced a definitive agreement to acquire Instana, a German-American software firm that specializes in developing APM software. Top cloud providers in 2020: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players The cloud computing race in 2020 will have a definite multi-cloud spin. IBM will focus on its open hybrid cloud platform, which represents a $1 trillion market opportunity. The companies did not reveal the purchase price. Revenue growth is likely in 2020-2021. ", IBM, a Leading Hybrid Cloud and AI Company. With tighter integration and focus on its open hybrid cloud and AI solutions, IBM will move from a company with more than half of its revenues in services to one with a majority in high-value cloud software and solutions. It has also got a large number of common open source services for ubiquitous integration, management, security, and data management. The separation is expected to be achieved as a tax-free spin-off to IBM shareholders, and completed by the end of 2021. IBM announced it will accelerate its hybrid cloud growth strategy to drive digital transformations for its clients. IBM and Bharti Airtel have completed the first phase of Airtel’s Open Hybrid Cloud Network built with IBM and Red Hat's portfolio of hybrid cloud and cognitive enterprise capabilities, announced IBM on Tuesday. IBM's unique full-stack capabilities and large ecosystem of partners and ISV's deliver innovation and enable clients to unlock the full value of the hybrid cloud and their data. NewCo will be able to better modernize infrastructures for an unparalleled roster of clients in all industries, with relationships that have been built over decades. ", "We have positioned IBM for the new era of hybrid cloud," said Ginni Rometty, IBM Executive Chairman. Hybrid cloud describes a variety of cloud types. Sarah.meron@ibm.com, Edward Barbini With a streamlined business model, NewCo will create value by helping enterprises optimize their performance through AI and automation. NewCo will extend its leadership through increased investment in the next generation of transformational managed infrastructure services, with more opportunity for margin expansion, profit growth and cash generation. The Webcast may be accessed via a link at https://www.ibm.com/investor/events/ibm-strategic-update-2020. IBM, a Leading Hybrid Cloud and AI Company IBM will focus on its open hybrid cloud platform, which represents a $1 trillion market opportunity. The separation is currently expected to be completed by the end of 2021. Finally he proposed a way, creating IBM’s so-called hybrid multi cloud strategy. with IBM’s technical strategy. For more details about IBM Cloud Private, visit here. �f�$��A�6 �w ��[�+�o��l ��������#Չ�L+� #b� +1 202-528-7479 IBM's hybrid model to help debottleneck the multi-cloud era-More efforts are needed by Chinese enterprises to unlock the value of the hybrid cloud, as it is poised to be a driver of digital transformation, said Alain Benichou, CEO of IBM Greater China Group. A platform made for the cloud you want Flexibility, responsiveness and cost are fueling your journey to cloud. From its single control point, you can: Infuse AI across your IT operations toolchain Automate time-consuming management tasks Red Hat OpenShift is the industry's leading enterprise Kubernetes platform. This focus will result in greater value, increased innovation, and faster execution for our clients. As part of this strategic acceleration, IBM is taking action to simplify and optimize its operating model for speed and growth. As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. Jonathan Adashek Additionally, IBM will separate … The transaction is subject to customary closing conditions, including Form 10 registration with the U.S. Securities and Exchange Commission, receipt of a tax opinion from counsel, and final approval by IBM's Board of Directors. The IBM z15™ platform can transform your application and data portfolio with innovative data privacy, enterprise security, and cyber resiliency capabilities – all delivered through a hybrid cloud. Hybrid cloud growth and use to multi-cloud by corporations will be game-changers for IBM stock. "IBM is laser-focused on the $1 trillion hybrid cloud opportunity," said Arvind Krishna, IBM Chief Executive Officer. NewCo, the Leading Managed Infrastructure Services Company. Both companies will be on an improved growth trajectory with greater ability to partner and capture new opportunities – creating value for clients and shareholders. The new company (to be named at a subsequent date) will immediately be the world's leading managed infrastructure services provider. This platform allows clients to "write-once/run-anywhere," and enables a hybrid cloud approach that drives up to 2.5 times more value for clients than a public cloud-only solution. This includes a comprehensive range of as-a-service offerings, software, hardware and professional services that enable IBM to advise, move, build and manage cloud solutions across public, private and on-premises environments. NewCo will have greater agility to design, run and modernize the infrastructure of the world's most important organizations. Following separation, the companies together are initially expected to pay a combined quarterly dividend that is no less than IBM's pre-spin dividend per share. IBM expects to report revenue of $17.6 billion, GAAP diluted earnings per share from continuing operations of $1.89, and operating (non-GAAP) earnings per share of $2.58. The hybrid cloud is a cloud computing strategy that integrates a fragmented IT environment composed of a mix of multiple cloud services and traditional on-premise infrastructure. +1 914-499-5800 %%EOF - IBM to focus on hybrid cloud growth, a $1 trillion market opportunity, - New public company to launch as world's #1 Managed Infrastructure Services provider, - IBM also announces preliminary 2020 third-quarter results, IBM Launches New Innovative Capabilities for Watson, https://www.ibm.com/investor/events/ibm-strategic-update-2020. The financial information for the quarter ended September 30, 2020 is based on the company's internal management accounts and reporting as of and for the 2020 third quarter. The goal of the hybrid cloud is to get everything working together, with varying degrees of communication and data sharing to best run a company’s daily operations. 169 0 obj <>/Filter/FlateDecode/ID[<6884970551DC8E737127761D019D72EE><1834E5A14D253547BAC3532D0C7FB241>]/Index[128 61]/Info 127 0 R/Length 155/Prev 436733/Root 129 0 R/Size 189/Type/XRef/W[1 2 1]>>stream These are critical services that are core to client operations. The proposed separation is expected to be effected through a pro-rata spin-off to IBM shareowners that will be tax-free for U.S. federal income tax purposes. The success of our IBM public cloud is foundational to our hybrid cloud strategy. For more information about IBM, visit ibm.com/news. barbini@us.ibm.com, Investor Relations: IBM's software portfolio, focused on data and AI, automation, and security, enables the widest access to innovation through open source. By making it easier for businesses to connect open hybrid cloud computing using AT&T Multi-access Edge Computing, a low-latency, private cellular network edge environment, IBM and AT&T will be able to help businesses across all industries more rapidly Building on IBM's hybrid cloud foundation, the company acquired Red Hat to unlock the full value of the cloud for … Finally he proposed a way, creating IBM’s so-called hybrid multi cloud strategy. 188 0 obj <>stream Hands-on labs are limited to 10 participants, based on a first in, first served. “We believe the future will be driven by hybrid cloud hence, the expansion of IBM Hybrid cloud practice is intrinsic to our strategy. One-time transaction costs are expected to include tax charges, operational separation activities, and other customary items. The company also said it has more than 2,400 hybrid cloud customers, and has added more than 300 new partners using its or Red Hat’s hybrid cloud tools. IBM Digital Academy - IBM Hybrid Multi-Cloud with Power & Red Hat Learn with IBM & Arrow about the IBM Hybrid Multi-Cloud Strategy on Power & Redhat followed by 3 hands-on labs with focus on IBM PowerVC, Openshift & Ansible on Power! 1 IBM Voucher per participant. As a global company with a very large number of clients across a multitude of industries, our goal is to get workloads in an optimal configuration that is efficient, flexible, and infused with AI. IBM can help unlock your cloud infrastructure by harnessing the power of the right hybrid cloud strategy, so that you can maintain stability. "A hybrid cloud strategy helps a company achieve its technical and business objectives more cost-efficiently," said Catherine. “ Our clients...need a hybrid and multicloud solution that can seamlessly incorporate their workloads across on-premise, private and public cloud environments. As two independent companies, IBM and NewCo will capitalize on their respective strengths. The IBM Cloud Pak advantage Beyond the sheer complexities of implementing, managing and maintaining hybrid cloud environments is the fact that, like organizations, no … Leveraging its long-term relationships with clients, IBM will continue to drive the innovation in hardware that enterprises rely on for their most mission-critical computing needs. Any forward-looking statement in this release speaks only as of the date on which it is made. About IBM IBM's business, strategy and technology consultants help clients transform by modernizing their existing applications, and by building new AI-infused data analysis capabilities on the leading open hybrid cloud platform. This simplified and focused operating model will support accelerated innovation for the hybrid cloud, and provide more flexibility to increase investment in growth areas. The result will be an enhanced financial profile with a clear trajectory for improved revenue and profit growth. The IBM Cloud Pak® for Multicloud Management offering is an application-centric, AI-driven management platform designed to provide full visibility and control wherever your workloads run. Companies are in urgent need of a hybrid cloud architecture to manage the complexity brought by the multi-cloud," he said. The new solutions include containerized software across IBM IT Infrastructure and advancements in data storage for containers. In connection with today's announcement, IBM is providing preliminary financial results for the third quarter ended September 30, 2020. "Client buying needs for application and infrastructure services are diverging, while adoption of our hybrid cloud platform is accelerating. Additionally, IBM will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company ("NewCo"). Hybrid cloud is not only IBM’s go-forward focus for our clients, it is also our strategy internally. ARMONK, N.Y., Oct. 8, 2020 /PRNewswire/ -- IBM (NYSE: IBM) announced today it will accelerate its hybrid cloud growth strategy to drive digital transformations for its clients. With this acquisition, IBM can further advance its Hybrid Cloud and AI technology and reinforce its AIOps and AI-powered automation capabilities. Cloud market -- the “ hybrid ” multicloud given its history of managing it complexity U.S. GAAP the final and! 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