AI Index / International Business Machines Corporation
International Business Machines Corporation (IBM)
IBM employs AI through its Watson platform, offering tools for natural language processing, machine learning, and automation in business applications. IBM's AI solutions are widely used in industries such as healthcare, finance, and supply chain management. The company also focuses on developing trustworthy AI systems that prioritize transparency and fairness.
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Location: US
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Market Cap: $231.0B
link
https://www.ibm.com
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As AI adoption accelerates, enterprise clients are increasingly focused on how to keep operations running smoothly in a more complex and hybrid environment fueled by a surge of new applications.
- Arvind Krishna
Quotes from ibm Executives About Artificial Intelligence and Generative AI
Our end-to-end portfolio of leading automation and data solutions helps clients manage and optimize operations, automate infrastructure and workflows, build resiliency, secure and govern data, and drive cost efficiency.
- Arvind Krishna
Consulting continued to grow, up 1%, reflecting increased demand for AI services as clients need help designing, deploying, and governing AI at scale.
- Arvind Krishna
A key contributor to this momentum is the innovation value we are delivering with Z17, processing 50% more AI inferencing operations per day than Z16 and bringing real-time inferencing capabilities inside IBM Z.
- Arvind Krishna
The breadth of our AI offerings is another key differentiator. Combining an innovative technology stack with consulting at scale, and our client zero journey.
- Arvind Krishna
Our cumulative Gen AI book of business now stands at over $12.5 billion, of which software is more than $2 billion and consulting is more than $10.5 billion, with both seeing their largest quarterly increase to date.
- Arvind Krishna
As we look at the evolution of AI, our opportunity is to make it easy for clients to build AI that is specific to their data, their processes, and their competitive needs, including the effective use of smaller, more efficient models where they make sense.
- Arvind Krishna
That is why IBM's approach spans consulting, Watson X, or AgenTeq platform, Orchestrate, and Red Hat AI.
- Arvind Krishna
Our announced acquisition of Confluent is another pillar in this strategy, helping unify our hybrid cloud and automation solutions through a smart data platform.
- Arvind Krishna
In addition to being a demand driver, AI is also a powerful productivity driver for IBM.
- Arvind Krishna
Project Bob is IBM's next-generation AI-based software development system designed to transform developer productivity.
- Arvind Krishna
Companies like Morgan Stanley and FedEx are leveraging our technology solutions and infusing our Gen AI products into core workflows.
- Arvind Krishna
Recently, we announced a partnership between Red Hat and NVIDIA that aligns our hybrid AI solutions and NVIDIA's AI stack.
- Arvind Krishna
When you cut to the underpinnings it reflects that diversity ARR roughly $24 billion growing high single digits. Gen AI, over $2 billion book of business, up two x in the fourth quarter, and that M&A growth synergies, you're just seeing the beginnings of that play out.
- Jim Kavanaugh
We continue to make steady progress in quantum computing.
- Arvind Krishna