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International Business Machines Corp IBM

Alternate Symbol(s):  N.IBM | IBM.30A

International Business Machines Corporation is engaged in addressing the hybrid cloud and artificial intelligence (AI) opportunity with a platform-centric approach, focused on providing client value through a combination of technology and business expertise. Its segments include Software, Consulting, Infrastructure and Financing. Its Software segment comprises two business areas: Hybrid Platform & Solutions, which includes software to help clients operate, manage and optimize their IT resources and business processes within hybrid, multi-cloud environments, and transaction processing, which includes software that supports client’s mission-critical, on-premises workloads in industries such as banking, airlines and retail. Consulting segment is engaged in business transformation, technology consulting and application operations. Infrastructure segment is engaged in hybrid infrastructure and infrastructure support. Financing segment is engaged in client financing and commercial financing.


NYSE:IBM - Post by User

Comment by StockGuru454on Jan 25, 2021 9:22am
475 Views
Post# 32373920

RE:Huge saudi arabia contract

RE:Huge saudi arabia contract
Global tech giant IBM has announced thatGo Smart Solutions, a software development company in Saudi Arabia, has selected IBM Cloud to transform its operations. The transition also aims to help Go Smart Solutions customers accelerate their digital transformation and expedite their hybrid cloud strategies. Founded in Riyadh, Go Smart Solutions serves customers locally as well as in the UAE, Lebanon and the United Kingdom. As part of its transformation strategy, the company recently migrated its production environment to IBM's public cloud to meet its critical need for infrastructure performance and enterprise-grade security, support business growth and provide an enhanced and uninterrupted experience to its customers. Go Smart Solutions has shifted its production environment on IBM Cloud and in doing so it can now provide its customers with digital solutions as a service with a cloud-based subscription model, enabling businesses to opt for the services they require, as needed. With the implementation, Go Smart Solutions now benefits from a secure and open cloud platform. The IBM Cloud offers sophisticated encryption capabilities such as keep your own key and confidential computing so that not even IBM can access clients data. Based on our experience with IBM, the decision to opt for IBM Cloud was an easy one to make, said Mazen Ajeeb, Managing Partner, Go Smart Solutions. As as a business, we needed to transform our operations and enhance the experience we deliver to our own customers. IBM Cloud is enabling us to do that and more, while still prioritising security. Today, Go Smart Solutions also benefits from enhanced business continuity and uninterrupted operations. It is also able to rapidly meet its computing resource demands, without having to invest in additional hardware or physical infrastructure. IBM Cloud also offers access to higher value technologies, including artificial intelligence (AI) and Internet of Things (IoT). Last month, IBMs security arm IBM Security has opened itsfirst-ever Security Operations Centre (SOC) in Saudi Arabiaand the region to provide managed security services to private and government sector customers. Through the SOC, the company is supporting clients in responding to cybersecurity incidents and helping them proactively manage emerging threats through real-time analysis and early warning notification of security events. Companies of all sizes and industries are in their digital transformation journey. The pandemic accelerated these journeys and what we would see happening in five to six years will now happen in less than two, said Hossam Seif El-Din, General Manager, IBM Middle East and Pakistan. Through IBM Cloud, Go Smart Solutions is able to reshape its operations to differentiate itself from the competition and serve its customers and their agendas in a fast, uninterrupted and secure manner.
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