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Killexams : IBM Application exam plan - BingNews https://killexams.com/pass4sure/exam-detail/C9510-819 Search results Killexams : IBM Application exam plan - BingNews https://killexams.com/pass4sure/exam-detail/C9510-819 https://killexams.com/exam_list/IBM Killexams : International Business Machines Corp

52 week range

114.56 - 144.73

  • Open121.80
  • Day High122.88
  • Day Low121.43
  • Prev Close120.04
  • 52 Week High144.73
  • 52 Week High Date06/06/22
  • 52 Week Low114.56
  • 52 Week Low Date11/26/21
  • Market Cap109.754B
  • Shares Out903.18M
  • 10 Day Average Volume0.00M
  • Dividend6.58
  • Dividend Yield5.41%
  • Beta0.83
  • YTD % Change-9.08

KEY STATS

  • Open121.80
  • Day High122.88
  • Day Low121.43
  • Prev Close120.04
  • 52 Week High144.73
  • 52 Week High Date06/06/22
  • 52 Week Low114.56
  • 52 Week Low Date11/26/21
  • Market Cap109.754B
  • Shares Out903.18M
  • 10 Day Average Volume0.00M
  • Dividend6.58
  • Dividend Yield5.41%
  • Beta0.83
  • YTD % Change-9.08

RATIOS/PROFITABILITY

  • EPS (TTM)6.15
  • P/E (TTM)19.76
  • Fwd P/E (NTM)12.46
  • EBITDA (TTM)11.935B
  • ROE (TTM)27.73%
  • Revenue (TTM)59.677B
  • Gross Margin (TTM)54.01%
  • Net Margin (TTM)9.61%
  • Debt To Equity (MRQ)259.21%

EVENTS

  • Earnings Date10/19/2022
  • Ex Div Date08/09/2022
  • Div Amount1.65
  • Split Date-
  • Split Factor-

Thu, 13 Oct 2022 11:59:00 -0500 en text/html https://www.cnbc.com/quotes/IBM
Killexams : Disaster Recovery-as-a-Service Market 2022 | Present Scenario and Growth Prospects 2030

The Disaster Recovery-as-a-Service Market is currently valued at USD 75.22 Bn in the year 2030, likely to surge at a vigorous 24.8% CAGR during the examination period 2022 – 2030.

With the rising cases of cyber-crime in exact years, the demand for the disaster recovery-as-a-service (DRaaS) market is surging exponentially. Steered by the rapid penetration of the internet and increasing digitization, a staggering volume of data is generated on a daily basis. This also has led to surging threats, especially the risk of cyber-attacks.

The disaster recovery-as-a-service market is gaining traction due to its flexibility and cost-effectiveness. Deployed over the cloud, DRaaS can store and compute data instantly and hence it is used widely to speed up various enterprises’ functionalities.

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Despite facing a few constraints due to the COVID-19 pandemics, such as closed manufacturing units, travel constraints, nonoperational working units, and others, the market is expected to keep growing over the forecast period.

Due to having several advantages over conventional services, such as no space constraints, fast recovery time, and others, the DRaaS market demand is projected to escalate further in the coming years.

As the global market competition is expected to increase further, the key market players such as Amazon Web Services, Axcient, Citrix, IBM, Microsoft, Sunguard, and others are approaching strategic ways to excel.

Some of the key takeaways from the report are highlighted below-

  • The extensive flexibility of the DRaaS market, is catering to the market growth
  • As DRaaS market is capable of providing cost-effective solutions, it is gaining rapid popularity across the world
  • Advancement of digitization is projected to further market growth during the upcoming years
  • Managed service provider segment among service providers is expected to forecast growth at a higher rate among forecast period. Managed service providers offer DRaaS solutions that are designed to duce the burden of data protection and data security among organizations
  • Public cloud segment is expected to dominate in terms of deployment. By the end of 2020, it is expected to account for over 49% of the global market

COVID-19 Impact Analysis on Disaster Recovery as-a-Service Market

With COVID-19 tightening its noose around the world, organizations are compelled to incorporate work from home policies to ensure safety of their employees. To ensure hassle free operations even while employees work remotely, these organizations are offering various cloud-based solutions and VPN to enable easy access to information.

Business continuity and disaster recovery plans are tested by challenges such as travel restrictions, and remote working. According to survey by Mercer Business only 17% of organizations had a business continuity plan and are ready for impact of COVID-19 and 51% had no business continuity plan. Consequently, the adoption of DRaaS solutions is likely to surge by 27% to 29% between 2019 and 2020.

Who is Winning

As the global DRaaS market growth is accelerating rapidly, the key market players such as Amazon Web Services, Axcient, Citrix, IBM, Microsoft, NTT Communication, and others are adopting various strategies and increasing their investment towards technological advancements to gain competitive edge.

For instance, Sunguard has launched their advanced disaster recovery (DR) program which provides complete business resilience across cloud and physician IT. They have also brought their self-service along with application recovery, fully operational computing systems, and network capability.

IBM has launched their Resiliency DRaaS in order to enable rapid and reliable recovery of business-critical applications, and data within minutes on an outage. In the Forrester Wave™ report Q2 2019, IBM named leader in DRaaS.

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More Valuable Insights on Disaster Recovery as-a-service Market

In the latest report by Future Market Insights, we offer a thorough, unbiased analysis of the global disaster recovery as-a-service market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2022-2030.

Disaster Recovery-as-a-Service Industry Survey

Disaster Recovery-as-a-Service Market by Service Type:

  • Recovery & Backup Services
  • Data Protection Services
  • Real-time Replication Services
  • Professional Services
  • Managed Services

Disaster Recovery-as-a-Service Market by Service Provider:

  • Cloud Service Providers
  • Telecommunication Service Providers
  • Managed Service Providers

Disaster Recovery-as-a-Service Market by Deployment:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Disaster Recovery-as-a-Service Market by Enterprise Size:

  • Small- and Medium-sized Enterprises (SMEs)
  • Large Enterprises

Disaster Recovery-as-a-Service Market by Industry:

  • BFSI
  • IT & Telecommunication
  • Retail & Consumer Goods
  • Government
  • Healthcare
  • Media & Entertainment

Disaster Recovery-as-a-Service Market by Region:

  • North America Disaster Recovery-as-a-Service Market
  • Latin America Disaster Recovery-as-a-Service Market
  • Europe Disaster Recovery-as-a-Service Market
  • East Asia Disaster Recovery-as-a-Service Market
  • South Asia & Pacific Disaster Recovery-as-a-Service Market
  • Middle East & Africa (MEA) Disaster Recovery-as-a-Service Market

Request for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-3351

Check Related Links –

https://amanroad.com/blogs/51473/Talent-Management-Software-Market-2022-Recent-Trends-Demand-Dynamic-Innovation

https://penposh.com/blogs/19461/Talent-Management-Software-Market-2022-Scope-of-Current-and-Future

https://community.homingo.com/post/talent-management-software-market-2022-development-status-competition-analy–6347c6d64a9afa4835892fa8

https://www.login.ps/blogs/4789/Talent-Management-Software-Market-2022-Present-Scenario-and-Growth-Prospects

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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Thu, 13 Oct 2022 18:38:00 -0500 en-US text/html https://www.fmiblog.com/2022/10/14/disaster-recovery-as-a-service-market-2022-present-scenario-and-growth-prospects-2030/
Killexams : Federal Lawsuit Filed by Cohen Milstein Alleges IBM Miscalculated Pension Plan Mortality Tables Resulting in Underpayment

Firm is still signing up retirees in IBM's Personal Pension Plan

WASHINGTON, DC / ACCESSWIRE / September 26, 2022 / Cohen Milstein Sellers & Toll PLLC represents retirees of the IBM Personal Pension Plan ("IBM Plan") in a class action lawsuit against IBM and the plan administrators. The plaintiffs seek to represent IBM's married retirees. They allege that for married retirees who began employment before 1999, IBM is shortchanging the retirees (or their surviving spouse) in violation of the actuarial equivalence requirements in a federal law, the Employee Retirement Income Security Act (ERISA).

Plaintiffs seek to recover amounts due to these married retirees and their surviving spouses and to reform the IBM Plan to ensure full compliance with the protections of ERISA.

On Friday, September 23, 2022, the plaintiffs filed a letter in federal court urging denial of IBM's request to formally dismiss the putative class action, Knight v. International Business Machines Corporation, et al., which was originally filed before the United States District Court for the Southern District of New York on June 2, 2022. An amended complaint was file on August 19, 2022 to add additional named plaintiffs.

The letter to the court explained that IBM's "same shop-worn and meritless arguments should be denied" because they have already been rejected by courts around the country adjudicating similar claims.

"This is a really troubling issue for the IBM retirees who are being shortchanged and forced to live on less retirement income every month," said Michelle Yau, chair of Cohen Milstein's Employee Benefits/ERISA practice, citing the amended complaint.

Claims: This pension plan ERISA class action asserts claims related to the miscalculation of the joint and survivor annuity paid some IBM retirees who are currently receiving joint and survivor annuity (pensions that provide payments for surviving spouses). To read more about joint and survivor annuities, see "Is Your Retirement Plan Imposing a Marriage Penalty? What You Need to Know."

Impacted Individuals: Cohen Milstein is actively signing up individuals who began employment with IBM before July 1, 1999.

Next Steps: If IBM Plan participants believe they may have been impacted, they should contact their legal counsel or contact: Michelle C. Yau, Partner (email) or at 202.408.4600 or PLEASE CLICK HERE TO CONTACT THE FIRM.

About Cohen Milstein's Employee Benefits/ ERISA Practice

Cohen Milstein Sellers & Toll PLLC is a premier class action law firm, handling high-profile and often precedent-setting cases on behalf of plaintiffs. We have filed numerous ERISA class actions alleging illegal underpayment of pension benefits on behalf of married retirees against large corporations such as AT&T, CITGO Petroleum, and Luxottica. Cohen Milstein was named Law360's "Employee Benefits/ERISA Practice Group of the Year" in 2020 and 2021. For additional information, please visit cohenmilstein.com or call (202) 408-4600.

Contact:

Michelle C. Yau, Partner
Cohen Milstein Sellers & Toll PLLC
1100 New York Avenue, N.W., Suite 500
Washington, D.C. 20005
Telephone: 888-240-0775 (Toll Free) or 202-408-4600

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SOURCE: Cohen Milstein Sellers & Toll PLLC

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https://www.accesswire.com/717459/Federal-Lawsuit-Filed-by-Cohen-Milstein-Alleges-IBM-Miscalculated-Pension-Plan-Mortality-Tables-Resulting-in-Underpayment

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Mon, 26 Sep 2022 05:25:00 -0500 text/html https://www.benzinga.com/pressreleases/22/09/ac29015793/federal-lawsuit-filed-by-cohen-milstein-alleges-ibm-miscalculated-pension-plan-mortality-tables-r
Killexams : IBM Redefines Hybrid Cloud Application and Data Storage Adding Red Hat Storage to IBM Offerings

Newly expanded software-defined storage portfolio enables IBM to deliver a consistent experience from edge-to-core-to-cloud

ARMONK, N.Y., Oct. 4, 2022 /PRNewswire/ -- IBM (NYSE: IBM) announced today it will add Red Hat storage products and Red Hat associate teams to the IBM Storage business unit, bringing consistent application and data storage across on-premises infrastructure and cloud.

IBM Corporation logo. (PRNewsfoto/IBM)

With the move, IBM will integrate the storage technologies from Red Hat OpenShift Data Foundation (ODF) as the foundation for IBM Spectrum Fusion. This combines IBM and Red Hat's container storage technologies for data services and helps accelerate IBM's capabilities in the burgeoning Kubernetes platform market.

In addition, IBM intends to offer new Ceph solutions delivering a unified and software defined storage platform that bridges the architectural divide between the data center and cloud providers. This further advances IBM's leadership in the software defined storage and Kubernetes platform markets.

According to Gartner, by 2025, 60% of infrastructure and operations (I&O) leaders will implement at least one of the hybrid cloud storage architectures, which is a significant increase from 20% in 2022.1 IBM's software defined storage strategy is to take a "born in the cloud, for the cloud" approach—unlocking bi-directional application and data mobility based on a shared, secure, and cloud-scale software defined storage foundation.

"Red Hat and IBM have been working closely for many years, and today's announcement enhances our partnership and streamlines our portfolios," said Denis Kennelly, general manager of IBM Storage, IBM Systems. "By bringing together the teams and integrating our products under one roof, we are accelerating the IBM's hybrid cloud storage strategy while maintaining commitments to Red Hat customers and the open-source community."

"Red Hat and IBM have a shared belief in the mission of hybrid cloud-native storage and its potential to help customers transform their applications and data," said Joe Fernandes, vice president of hybrid platforms, Red Hat. "With IBM Storage taking stewardship of Red Hat Ceph Storage and OpenShift Data Foundation, IBM will help accelerate open-source storage innovation and expand the market opportunity beyond what each of us could deliver on our own. We believe this is a clear win for customers who can gain a more comprehensive platform with new hybrid cloud-native storage capabilities."

As customers formulate their hybrid cloud strategies, critical to success is the emphasis and importance of infrastructure consistency, application agility, IT management and flexible consumption consistency as deciding factors to bridge across on-premises and cloud deployments.

With these changes to the IBM portfolio, clients will have access to a consistent set of storage services while preserving data resilience, security, and governance across bare metal, virtualized and containerized environments.  Some of the many benefits of the software defined portfolio available from IBM will include:

  • A unified storage experience for all containerized apps running on Red Hat OpenShift: Customers can use IBM Spectrum Fusion (now with Red Hat OpenShift Data Foundation) to achieve the highest levels of performance, scale, automation, data protection, and data security for production applications running on OpenShift that require block, file, and/or object access to data. This enables development teams to focus on the apps, not the ops, with infrastructure-as-code designed for simplified, automated managing and provisioning.

  • A consistent hybrid cloud experience at enterprise levels of scale and resiliency with IBM Ceph: Customers can deliver their private and hybrid cloud architectures on IBM's unified and software defined storage solution, providing capacity and management features. Capabilities include data protection, disaster recovery, high availability, security, auto-scaling, and self-healing portability, that are not tied to hardware, and travel with the data as it moves between on-premises and cloud environments.

  • A single data lakehouse to aggregate and derive intelligence from unstructured data on IBM Spectrum Scale: Customers can address the challenges that often come with quickly scaling a centralized data approach with a single platform to support data-intensive workloads such as AI/ML, high performance computing, and others. Benefits can include less time and effort to administer, reduced data movement and redundancy, direct access to data for analytics tools, advanced schema management and data governance, all supported by distributed file and object storage engineered to be cost effective.

  • Build in the cloud, deploy on-premises with automation: Customers can move developed applications from the cloud to on-premises services, automate the creation of staging environments to test deployment procedures, validate configuration changes, database schema and data updates, and ready package updates to overcome obstacles in production or correct errors before they become a problem that affects business operations.

"IBM and Red Hat speaking with one voice on storage is delivering the synergies derived from IBM's Red Hat acquisition," said Ashish Nadkarni, group vice president and general manager, Infrastructure Systems at IDC. "The combining of the two storage teams is a win for IT organizations as it brings together the best that both offer: An industry-leading storage systems portfolio meets an industry-leading software-defined data services offering. This initiative enables IBM and Red Hat to streamline their family of offerings, passing the benefits to their customers. It also helps accelerate innovation in storage to solve the data challenges for hybrid cloud, all while maintaining their commitment to open source."

Preserving commitment to Red Hat clients and the community

Under the agreement between IBM and Red Hat, IBM will assume Premier Sponsorship of the Ceph Foundation, whose members collaborate to drive innovation, development, marketing, and community events for the Ceph open-source project. IBM Ceph and Red Hat OpenShift Data Foundation will remain 100% open source and will continue to follow an upstream-first model, reinforcing IBM's commitment to these vital communities. Participation by the Ceph leadership team and other aspects of the open-source project is a key IBM priority to maintain and nurture ongoing Red Hat innovation.

Red Hat and IBM intend to complete the transition by January 1, 2023, which will involve the transfer of storage roadmaps and Red Hat associates to the IBM Storage business unit. Following this date, Red Hat OpenShift Platform Plus will continue to include OpenShift Data Foundation, sold by Red Hat and its partners. Additionally, Red Hat OpenStack customers will still be able to buy Red Hat Ceph Storage from Red Hat and its partners. Red Hat OpenShift and Red Hat OpenStack customers with existing subscriptions will be able to maintain and grow their storage footprints as needed, with no change in their Red Hat relationship.

Forthcoming IBM Ceph and IBM Spectrum Fusion storage solutions based on Ceph are expected to ship beginning in the first half of 2023.

Read more about today's news in this blog from Denis Kennelly, general manager of IBM Storage, IBM Systems: "IBM + Red Hat: Doubling Down on Hybrid Cloud Storage"

Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only. Red Hat, Ceph, Gluster and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.

About IBM 
IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com for more information.

Media Contacts: 
Ben Stricker, IBM 
ben.stricker@ibm.com

1 Gartner, Market Guide for Hybrid Cloud StorageJulia PalmerKevin JiChandra Mukhyala, 3 October 2022

Cision

View original content to get multimedia:https://www.prnewswire.com/news-releases/ibm-redefines-hybrid-cloud-application-and-data-storage-adding-red-hat-storage-to-ibm-offerings-301640078.html

SOURCE IBM

Tue, 04 Oct 2022 01:24:00 -0500 en-US text/html https://finance.yahoo.com/news/ibm-redefines-hybrid-cloud-application-130000004.html
Killexams : Biden tours New York IBM site after company announces $20B investment

President Biden landed on Thursday in New York to highlight IBM's plan to invest $20 billion across the state's Hudson Valley region over the next 10 years.

Biden toured the corporation's Poughkeepsie site "to see firsthand where the future of computing is being innovated, designed and manufactured."

IBM said that the goal of the investments is to expand the technology ecosystem in New York — creating job opportunities — and to "unlock new discoveries and opportunities in semiconductors, computers, hybrid cloud, artificial intelligence and quantum computers."

"IBM is deeply honored to host President Biden at our Poughkeepsie site today and we look forward to highlighting our commitments to the innovations that advance America's economy," CEO Arvind Krishna said in a statement. "As we tackle large-scale technological challenges in climate, energy, transportation and more, we must continue to invest in innovation and discovery — because advanced technologies are key to solving these problems and driving economic prosperity, including better jobs, for millions of Americans."

President Biden visits Fisherman's Wharf at Fort Myers Beach, Florida, on Wednesday to see the damage caused by Hurricane Ian. (Saul Young/Knoxville News Sentinel via AP, Pool / AP Newsroom)

MICRON PLANS $100B COMPUTER CHIP FACTORY IN NEW YORK

IBM's New York business supports more than 7,500 jobs across the region. 

IBM said its Poughkeepsie site builds state-of-the-art mainframe computers and is home to the corporation's first Quantum Computation Center.

The company said that the president's visit to the site highlights the bipartisan CHIPS and Science Act, which Biden signed in August. 

An IBM facility. (Credit: IBM / Fox News)

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"The technology that IBM delivers today from Poughkeepsie will directly benefit from the CHIPS and Science Act that the president recently signed into law. It will ensure a reliable and secure supply of next-generation chips for today's computers and artificial intelligence platforms as well as fuel the future of quantum computing by accelerating research, expanding the quantum supply chain and providing more opportunities for researchers to explore business and science applications of quantum systems," IBM said. 

An IBM worker (Credit: IBM / Fox News)

IBM said that the expansion of an innovation model at its Albany location could be a foundation for the National Semiconductor Technology Center (NSTC) that will be implemented as part of the CHIPS and Science Act.

Biden was joined by Reps. Sean Patrick Maloney and Pat Ryan.

CLICK HERE TO READ MORE ON FOX BUSINESS

The IBM investment comes on the heels of chipmaker Micron announcing earlier this week an investment of up to $100 billion over the next 20-plus years to build a plant in upstate New York that could create 9,000 factory jobs.

The Associated Press contributed to this report.

Thu, 06 Oct 2022 09:40:00 -0500 Julia Musto en-US text/html https://www.foxbusiness.com/markets/biden-tours-new-york-ibm-site-after-company-announces-20b-investment
Killexams : IBM merges its data storage offerings with Red Hat’s OpenShift and Ceph

IBM Corp. is making some big changes to its data storage services, announcing today that it will bring Red Hat Inc.’s storage products and associates under the “IBM Storage” umbrella.

The aim, IBM said, is to deliver a more consistent application and data storage experience across on-premises and cloud infrastructures. It’s a big move that will see IBM Spectrum Fusion data management software adopt the storage technologies of Red Hat’s OpenShift Data Foundation as its new base layer.

Even more interesting, perhaps, is that the open-source Red Hat Ceph Storage offering will be transformed into a new IBM Ceph storage offering. IBM said this will result in a unified, software-defined storage platform that’s better able to bridge the architectural divide between data centers and cloud computing providers.

The computing giant said the move is in line with its software-defined storage strategy of a “born in the cloud, for the cloud” approach that will unlock bidirectional application and data mobility based on a shared, secure and cloud-scale solution.

IBM Systems General Manager of Storage Denis Kennelly said the shift is designed to streamline the two companies’ portfolios. “By bringing together the teams and integrating our products under one roof, we are accelerating IBM’s hybrid cloud strategy while maintaining commitments to Red Hat’s customers and the open-source community,” he insisted.

The company presented the changes as a big win for customers, saying they will gain access to a more consistent set of storage services that preserve data resilience, security and governance across bare metal, virtualized and containerized environments. More specifically, IBM is promising that customers will have a more unified storage experience for container-based applications running on Red Hat OpenShift, with the ability to use IBM Spectrum Fusion, which is now based on Red Hat OpenShift Data Foundation. Doing so will provide higher performance, greater scale and more automation for OpenShift applications that require block, file and object access to data, the company said.

As for IBM Ceph, the company said this will deliver a more consistent hybrid cloud experience with enterprise-grade scale and resiliency.

Furthermore, by unifying IBM’s and Red Hat’s storage technologies, customers will be able to build a single data lakehouse on IBM Spectrum Scale to aggregate all of their unstructured data in one place. Benefits will include less time spent on maintenance, reduced data movement and redundancy, and more advanced schema management and data governance.

Industry watchers were united in their belief that the changes would be of benefit to customers. Steve McDowell of Moor Insights & Strategy told SiliconANGLE that today’s move makes a lot of sense because it enables IBM to leverage the storage strengths of both companies.

McDowell explained that although IBM Spectrum is considered to be one of the most comprehensive data management platforms around, its foundation predates the rise of cloud-native technologies. On the other hand, he said, Red Hat OpenShift was built from the ground up to support cloud-native workloads.

“IBM is evolving Spectrum Fusion to take the best of Red Hat’s efforts, and is using Red Hat’s storage software as the base for its IBM-branded products moving forward,” McDowell said. “It makes a lot of business sense for IBM to leverage R&D from Red Hat into its more traditionally proprietary systems. It also gives IBM an easy path to better serve the needs of containerized workloads.”

International Data Corp. analyst Ashish Nadkarni said the two companies are now “speaking with one voice on storage” and finally delivering on the synergies between them that were mentioned when IBM acquired Red Hat in 2019.

“The combining of the two storage teams is a win for IT organizations as it brings together the best that both offer: An industry-leading storage systems portfolio meets an industry-leading software-defined data services offering,” Nadkarni said. “This initiative enables IBM and Red Hat to streamline their family of offerings, passing the benefits to their customers.”

IBM also moved to reassure users of Red Hat’s open-source technologies that it will remain fully committed to them following today’s announcements. As part of the deal, IBM will take over Premier Sponsorship of the Ceph Foundation and, along with Red Hat’s teams, continue to drive innovation and development. Both IBM Ceph and Red Hat OpenShift will remain 100% open-source, the company added, and will continue to follow an upstream-first development model.

McDowell said today’s move would likely make some users nervous about the prospect of Red Hat’s technology becoming more proprietary over time. “IBM has been very careful since it acquired Red Hat in 2019 to keep Red Hat’s open-source business segregated from IBM’s branded offerings,” he said. “This is the first time we’re seeing IBM cross that that line, and it’s natural to wonder how blurred those lines will become.”

Still, McDowell said, he’s inclined to believe IBM’s promises as it has been very deliberate about keeping Red Hat’s storage technologies open-source.

“Red Hat OpenShift Data Foundation and Ceph will still be available as they always have, though its evolution will undoubtedly be more strongly guided by the needs of IBM’s storage business,” the analyst continued. “Overall this is a net positive for IBM and its customers. It makes good business sense and there should be minimal impact to Red Hat’s existing community.”

IBM said the first storage solutions to launch under the new IBM Ceph Storage and IBM Spectrum Fusion banners will arrive in the first half of 2023, so users will have plenty of time to digest the changes.

Image: Red Hat

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Wed, 05 Oct 2022 20:58:00 -0500 en-US text/html https://siliconangle.com/2022/10/04/ibm-merges-data-storage-offerings-red-hats-openshift-ceph/
Killexams : Biden set to visit IBM Poughkeepsie plant to highlight $20B expansion plan

President Biden will a fast-growing IBM facility in Poughkeepsie on Thursday to highlight tech investment in the Hudson Valley.

Biden will “deliver remarks on creating jobs, lowering costs, and ensuring the future is made in America” at the IBM facility, the White House said in a statement.

IBM is expected to use the presidential visit to unveil a $20 billion investment plan in the plant over the next decade, including expanding research and development, semiconductor manufacturing, mainframe technology, artificial intelligence and quantum computing.

About 3,000 people work at IBM’s Poughkeepsie plant, making it one of the largest employers in the region.

Biden is also expected to trumpet passage of the bipartisan CHIPS and Science Act, which is designed to boost domestic manufacturing of computer chips and tech investment in the U.S.

The IBM announcement is the second big job-creating coup in upstate New York in exact days after Micron announced it would build a sprawling new factory near Syracuse.

Biden’s visit is also designed to boost Democrats in the Hudson Valley, traditionally a swing region of deep blue New York state.

Gov. Hochul will join him along with Rep. Sean Patrick Maloney (D-N.Y.) and newly minted Rep. Pat Ryan (D-N.Y.), who is running for a full term in a redrawn district that includes Poughkeepsie.

Both lawmakers are locked in tight congressional races that are considered critical to Democratic hopes of holding the House of Representatives in the midterm elections.

After IBM, Biden will attend fundraisers for Democrats in Red Bank, N.J., and in Manhattan before heading back to Washington, D.C.

©2022 New York Daily News. Visit nydailynews.com. Distributed by Tribune Content Agency, LLC.

Thu, 06 Oct 2022 02:30:00 -0500 en-US text/html https://www.msn.com/en-us/news/politics/biden-set-to-visit-ibm-poughkeepsie-plant-to-highlight-20b-expansion-plan/ar-AA12Fg9Z
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