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The announcement follows IBMs recent acquisition of Instana IBM has announced plans to acquire Turbonomic, a network and application performance management software provider, for an undisclosed amount. With the acquisition, which is expected to finalised in the second quarter of 2021, IBM aims to help its customers lower the costs of managing multiple applications within the same hybrid cloud environment. The announcement follows IBMs recent acquisition of Instana, as well as the launch of IBM ...

IBM hopes to boost its enterprise automation offerings with the planned purchase of Turbonomic in a deal reportedly valued at up to US$2 billion. Financial terms of the deal were not disclosed, but Reuters earlier reported that the deal values Turbonomic at between US$1.5 billion and US$2 billion, citing anonymous sources. IBM said Thursday it would buy the application resource management (ARM) and network performance management (NPM) software provider and integrate the ARM and NPM software pro...

- Addition of Turbonomic will enable businesses to assure application performance using AI and cut costs by optimizing the deployment of IT resources across development, test and production

IBM Spends Up To $2B To Buy Turbonomic In AI Push IBM will integrate Turbonomic’s ARM software with Instana’s APM and observability capabilities plus the ITOps capabilities of IBM Cloud Pak for Watson AIOps. By Wade Tyler Millward April 29, 2021, 01:12 PM EDT IBM hopes to boost its enterprise automation offerings with the planned purchase of Turbonomic in a deal reportedly valued at up to $2 billion. Financial terms of the deal were not disclosed, but Reute...

IBM Launches Advanced Storage Solutions Designed to Simplify Data Accessibility & Availability Across Hybrid Clouds -- Company unveils plans to ship new container-native software defined storage solutions designed to help companies expand data availability across complex hybrid clouds for greater business performance and resilience; -- Releases new IBM Elastic Storage Systems that are designed to provide scalability at double the performance of previous models, for faster access to enterprise d...

Source: IBM — Updates to IBM Watson Studio, IBM OpenPages with Watson and IBM Planning Analytics with Watson designed to help address key barriers to trust in data and AI models– Leading global brands including Lufthansa are using IBM Watson to infuse trust into their workflows ARMONK, N.Y., April 21, 2021 /PRNewswire/ — IBM (NYSE: IBM) today announced new capabilities for IBM Watson designed to help businesses build trustworthy AI. These capabilities further expand Watson tools designe...

IBM (IBM) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. IBM (NYSE: IBM) Patricia Murphy with IBM. Maam, you may begin. Patricia Murphy -- Vice President, Corporate Development Strategy Thank you. This is Patricia Murphy, and Id like to welcome you to IBMs first-quarter 2021 earnings presentation. Im here with Arvind Krishna, IBMs chairman and chief executive officer; and Jim Kavanaugh, IBMs senior vice pr...

IBM Reports 2021 First-Quarter Results Highlights Revenue of $17.7 billion, up 1 percent (down 2 percent adjusting for currency) -- Cloud Cognitive Software up 4 percent (up 1 percent adjusting for currency) -- Systems up 4 percent (up 2 percent adjusting for currency) -- Global Business Services up 2 percent (down 1 percent adjusting for currency) Total cloud revenue of $6.5 billion, up 21 percent (up 18 percent adjusting for divested businesses and currency) -- Cloud revenue of $26.3 billion ...

Financial terms of the deal were not disclosed. “We have just given partners the biggest weapon they could ever have on tackling this automation opportunity,” Rob Thomas, IBM’s senior vice president of Cloud and Data Platform, told CRN in an exclusive interview. MyInvenio’s software allows partners to quickly identify business processes in sales, procurement, production, accounting and other operations that can be automated, saving money and speeding up operations. The deal adds to the ...

IBM acquires Italy’s MyInvenio to integrate process mining directly into its suite of automation tools Automation has become a big theme in enterprise IT, with organizations using RPA, no-code and low-code tools, and other  technology to speed up work and bring more insights and analytics into how they do things every day, and today IBM is announcing an acquisition as it hopes to take on a bigger role in providing those automation services. The IT giant has acquired MyInvenio, an Italian st...