ibm and red hat's combined hybrid multi cloud strategy

Red Hat Drives Hybrid Cloud Ubiquity with OpenShift Innovation Across Architectures, Applications and Infrastructure Red Hat OpenShift extends enterprise Kubernetes for nearly any application, team or organization with new operations capabilities, developer advancements and more As a result, Red Hat needs to reassure all its other cloud platform partners that it will continue to work equally well on them as it does on IBM’s own cloud platform. The new hybrid cloud capabilities and use cases include the ability to infuse AI throughout the business and consolidate databases with IBM Cloud Pak for Data. IBM Spectrum Scale adds a fully containerized client and run-time operator to provide access to scalable data lakes on any Red Hat OpenShift cluster. "IBM is laser-focused on the $1 trillion hybrid cloud opportunity," said Arvind Krishna, IBM Chief Executive Officer. IBM unveils its first meaningful edge computing strategy to work in concert with the hybrid cloud strategy it shares with Red Hat as well as the anticipated wave of 5G networks expected late this year. 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. IBM Research’s priorities to ensure advances in AI continue to improve client hybrid cloud deployments include: Application modernization. What makes the latest announcements most compelling is that OpenShift is widely supported across all the major public cloud platforms, which means that applications that are written or rebuilt to work with OpenShift can be deployed across multiple different cloud environments, including Amazon AWS, Microsoft Azure, Google Cloud Platform, IBM Cloud, and Alibaba. "This open hybrid cloud foundation is what enables the vision of any app, anywhere, anytime. "We see this huge opportunity for hybrid cloud and 5G. 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. In order for clients to get our best technology with the most scale and flexibility at the start, we’ve built the IBM Cloud for Telecommunications using Red Hat OpenShift, and this strategy positions partners as the engine to drive a multitude of possibilities for clients. In connection with today's announcement, IBM is providing preliminary financial results for the third quarter ended September 30, 2020. IBM has a very long history with enterprise applications through both its software and services businesses and, arguably, probably has more to do with the enormous base of traditional legacy business applications than any other company in existence. Some analysts think it might be easier said than done. 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. Through the purchase, Red Hat’s open hybrid cloud technologies are now paired with IBM’s consultation and sales services, offered to more than 175 countries. This includes streamlining its geographic model and transforming its go-to-market structure to better engage with and support clients. IBM to spin off its managed infrastructure unit to focus on Red Hat, hybrid cloud; sees Q3 sales ahead of estimates. Supported by technical experts from both organizations, the practice is expected to help Wipro customers modernize their digital operations across hybrid cloud environments by leveraging IBM Cloud Paks, containerized software running on Red Hat OpenShift. IBM will also have more than 50% of its portfolio in recurring revenues. by . Both companies will be on an improved growth trajectory with greater ability to partner and capture new opportunities – creating value for clients and shareholders. IBM Leveraging Red Hat for Hybrid Multi Cloud Strategy. Jonathan Adashek Join thousands of tech enthusiasts and participate. The company has not yet completed its financial statement review procedures for the 2020 third quarter. Spotify drops $235 million on podcast ad-tech company, Developer survey finds JavaScript remains the most popular programming language. IBM today announced a strategic expansion of capabilities to provide clients with the flexibility to choose where to deploy workloads, from on-premises to the IBM public cloud, and drive forward their journey to the hybrid cloud. 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. Technology giant IBM and media company AT&T will work together to help enterprises manage their applications hosted in hybrid cloud environments with IBM Cloud Satellite leveraging Red Hat OpenShift, over AT&T networks. The management capabilities are enabled via Red Hat's OpenShift platform, which AT&T used prior to IBM buying Red Hat last year. IBM sees in Red Hat the world’s largest portfolio of open source technology, their innovative hybrid cloud platform, and a vast open source developer community. With the IBM-Red Hat deal closed, IBM officials told investors that its Red Hat acquisition will allow users to create multi-cloud environments more easily as well as shuttle data back and forth from on-premises environments to the cloud. At the same time, IBM clearly wants to better leverage its connection with Red Hat and made some additional announcements which highlight that connection. In addition, the company announced it would be bringing native OpenShift support to its IBM Z and LinuxONE enterprise hardware systems. IBM will accelerate clients' digital transformation journeys, and NewCo will accelerate clients' infrastructure modernization efforts. 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. There’s no doubt, however, that there is a large base of legacy software that is certainly well-suited to modernization and adaptation to the cloud. The IBM Hybrid Multi-cloud Vision and Key Think 2020 Announcements With the acquisition of Red Hat, IBM has laid the foundation to win the hybrid cloud war by enabling clients to avoid the pitfalls of single-vendor reliance. IBM unveils its first meaningful edge computing strategy to work in concert with the hybrid cloud strategy it shares with Red Hat as well as the anticipated wave of 5G networks expected late this year. © 2020 TechSpot, Inc. All Rights Reserved. pamurphy@us.ibm.com, Forward-Looking and Cautionary Statements. 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 Leveraging Red Hat for Hybrid Multi Cloud Strategy. 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. The new and enhanced solutions include containerized software across IBM IT Infrastructure via IBM Cloud Paks and advancements in data storage for containers. To address that need, IBM also unveiled the latest version (4.1) of its Edge Application Manager, a hybrid cloud-based tool that also works on top of Red Hat’s OpenShift v4.3. Nirmal said "we are in the second inning of the game." These are critical services that are core to client operations. These accelerators can be used to build and deploy neural network models for applications that perform a spectrum of AI tasks including speech recognition, natural language … +1 202-528-7479 How to use KubeMQ and Red Hat OpenShift to take advantage of a hybrid cloud strategy. About IBM For more information about IBM, visit ibm.com/news. First, the company announced it was bringing a cloud native version of OpenShift services to the IBM Cloud, allowing companies that want to stay within the IBM world a more straightforward way to do so. The result will be an enhanced financial profile with a clear trajectory for improved revenue and profit growth. Containerized applications. The new company will be entirely focused on managing and modernizing client-owned infrastructures, a $500 billion market opportunity. Sprint turned to the IBM Cloud Pak for Data to help it better understand and prepare for upcoming network technologies, like 5G. Containers are small, fast and portable, which is why many organizations are containerizing core applications to develop modern cloud-native applications that are scalable and portable across a hybrid IT environment. As two independent companies, IBM and NewCo will capitalize on their respective strengths. “We believe the future will be driven by hybrid cloud hence, the expansion of IBM Hybrid cloud practice is intrinsic to our strategy. “Our technology industry loves its buzzwords, and I think a lot of IT folks do get confused as to what is what,” says Ed Featherston, VP and principal architect at consulting firm Cloud Technology Partners . The Webcast may be accessed via a link at https://www.ibm.com/investor/events/ibm-strategic-update-2020. 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. With a streamlined business model, NewCo will create value by helping enterprises optimize their performance through AI and automation. The management capabilities are enabled via Red Hat's OpenShift platform, which AT&T used prior to IBM buying Red Hat last year. This simplified and focused operating model will support accelerated innovation for the hybrid cloud, and provide more flexibility to increase investment in growth areas. 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. +1 347-891-1770 This platform facilitates the deployment of powerful AI capabilities to enable the power of data, application modernization services, and systems. At the same time, Red Hat will benefit from IBM’s hybrid cloud and enterprise IT scale in helping expand their open source technology portfolio to businesses globally.“IBM is committed to being an authentic multi-cloud provider, and we will prioritize the use of Red Hat technology across multiple clouds” said Arvind Krishna, Senior Vice President, IBM Hybrid Cloud. “Wipro’s industry knowledge, combined with IBM’s hybrid cloud and AI platform powered by Red Hat OpenShift, can help enterprises drive real business transformation by migrating and managing their critical workloads across an open hybrid cloud environment.” Banco Sabadell will host its infrastructure on the IBM public cloud and use Red Hat Enterprise Linux to modernize applications and deliver innovative services to its customers. 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. A multi-cloud strategy might be a great enabler of a hybrid cloud model, but they’re not the same thing. 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. This is also IBM… J.P. Morgan Securities LLC and Lazard are serving as financial advisors for the transaction, with Paul, Weiss, Rifkind, Wharton & Garrison LLP acting as legal advisor. NewCo's services will enable enterprises to build agility and efficiency into their infrastructure and datacenters. 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. The new company (to be named at a subsequent date) will immediately be the world's leading managed infrastructure services provider. IBM will focus on its open hybrid cloud platform and AI capabilities. "Client buying needs for application and infrastructure services are diverging, while adoption of our hybrid cloud platform is accelerating. Specifically, IBM’s Telco Network Cloud Manager builds on OpenShift (which in turn can leverage the carrier-strength iterations of Red Hat Enterprise Linux, or … The joint initiative will provide global access to Schlumberger’s leading exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container … Experience now. The IBM point of view on managing multi-cloud IT environments is based on a strategy that offers clients choice with consistency, anchored in the use of Kubernetes and container-based technology, preventing vendor lock-in through the support of a standard, container-based approach to application portability with Red Hat OpenShift. IBM is also continuing to consolidate its shared services. 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. Not all of it will be able to leverage the new IBM and Red Hat offerings—there are quite a few aggressive competitors and other interesting offerings in this space, after all—but these moves certainly highlight the logic behind IBM’s Red Hat purchase and position the company well for the modern hybrid multi-cloud era. With Red Hat OpenShift, you can develop and consume cloud services anywhere and from any cloud. "Run as Administrator": What Does It Mean? The journey from legacy applications to the cloud doesn’t happen overnight, so there’s a tremendous need for training to get businesses ready to make a broader transition to the cloud. 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. The hybrid multicloud platform from IBM combines Red Hat® OpenShift® and IBM technology to give you greater control and visibility across all your clouds and IT. NewCo will have greater agility to design, run and modernize the infrastructure of the world's most important organizations. Schlumberger, IBM and Red Hat, announced today a major collaboration to accelerate digital transformation across the oil and gas industry. 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. Across industries, businesses can leverage IBM's hybrid multicloud platform and Red Hat OpenShift-enabled IBM software to help transform their organizations from the inside out to increase their competitive advantage. IBM (NYSE: IBM) and AT&T* will work together to help enterprises manage their applications hosted in hybrid cloud environments with IBM Cloud Satellite leveraging Red Hat OpenShift, over AT&T networks. 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. One-time transaction costs are expected to include tax charges, operational separation activities, and other customary items. Technology giant IBM and media company AT&T will work together to help enterprises manage their applications hosted in hybrid cloud environments with IBM Cloud Satellite leveraging Red Hat OpenShift, over AT&T networks. The new edge computing offerings will target the telco market. IBM will focus on its open hybrid cloud platform, which represents a $1 trillion market opportunity. In computing history, who were the "Dirty Dozen"? or private cloud. Today’s news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities,” IBM said in the press release. 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. +1 914-499-5800 IBM and AT&T* will work together to help enterprises manage their applications hosted in hybrid cloud environments with IBM Cloud Satellite leveraging Red Hat OpenShift, over AT&T networks. It’s also one of the main reasons IBM chose to purchase Red Hat and is starting to leverage that company’s cloud-focused offerings. Companies are in urgent need of a hybrid cloud architecture to manage the complexity brought by the multi-cloud," he said. Wipro is part of IBM’s hybrid cloud ecosystem, an initiative to support global system integrators and independent software vendors to help clients modernize workloads with Red Hat OpenShift for any cloud environment, including the IBM public cloud. "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-cloud world, where companies are free to move from one public cloud provider to another...". These are all underpinned by the security, unmatched expertise in industry verticals, and deep commitment to open source innovation that clients expect from IBM. 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. 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. ", IBM, a Leading Hybrid Cloud and AI Company. The upside for IBM and Red Hat in the hybrid market is huge. Of course, IBM also has to walk a fine line when it comes to leveraging Red Hat, because Red Hat is widely seen as the Switzerland of container platforms. The separation, which seems to be the logical next step to us in IBM’s multi-year transformation strategy, can help uncover underlying growth from the previously acquired software company, Red Hat. We’ve worked closely with customers across industries to understand their challenges and how we can help them … Wipro IBM Novus Lounge brings together Wipro’s expertise across industries and IBM’s open source technologies, designed to be secure and scalable across hybrid cloud, Data … To IBM’s credit, for several years now, it has been working to modernize the organization and its offerings. Red Hat. Specifically, OpenShift, along with IBM’s new CloudPaks, can be used to help modernize legacy applications into a containerized, cloud native form, then deployed either in a private cloud, such as behind the firewall of a company’s own on-premise datacenter, in a hosted environment, or in one of several public clouds, including IBM’s own cloud offering. IBM vs. the public cloud giants. Last year’s calculated acquisition of Red Hat puts IBM’s open hybrid cloud platform, based on Red Hat OpenShift, at the heart of its strategy. Lior NabatCTO, KubeMQ. Sarah.meron@ibm.com, Edward Barbini Now is the right time to create two market-leading companies focused on what they do best. Wipro is part of IBM’s hybrid cloud ecosystem, an initiative to support global system integrators and independent software vendors to help clients modernize workloads with Red Hat OpenShift for any cloud environment, including the IBM public cloud. About Red Hat Red Hat is the world's leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. As a team of financial and telecom services technology veterans, we have decades of experience developing robust and scalable technologies. Read More . We look at it's foundation on containers and Kubernetes, and the importance of the Red Hat acquisition that brought Red Hat OpenShift that is at it's heart. 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. Finally he proposed a way, creating IBM’s so-called hybrid multi cloud strategy. Following the completion of the separation, each company's dividend policy will be determined by its respective Board of Directors. 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