Latest news with #OpenShift
Yahoo
5 days ago
- Business
- Yahoo
Analyst Recommends This Top Dividend Growth Stock for ‘Ability to Sleep at Night'
David Bahnsen, The Bahnsen Group CIO, recently talked on CNBC about the importance of dividend growth stocks and said the 'ability' to sleep at night that these stocks give to investors comes from their strong track record. He believes dividend growth 'immunizes' investors from volatility. 'I think you get some of that ability to sleep at night if you're not so reliant on expensive things getting more expensive. That's really the key, is you already have the things you're talking about — top-down macro uncertainty, tariff policy, geopolitics, things like that. But when you combine that with high PEs that you just need to get higher in order to see your investments do well, I think that becomes problematic. Dividend growth immunizes investors from some of that.' Bahnsen then talked about why he loves International Business Machines (NYSE:IBM) as a dividend growth play: Well I love talking about IBM Common Stock (NYSE:IBM) and that's one of the names that's done really well this year. There's other names that haven't done as well, which I like even more because they're cheaper. IBM's up 20%, but here's the thing. It's trading at 17 or 18 times what 2025 free cash flow will be. You're talking about that up against other names trading at 40, 50, 60 times what their free cash flow may be. IBM Common Stock (NYSE:IBM) has grown the dividend, Kelly, every single year since 1994. Think about how much has gone on in the world over that 30 plus years. IBM's grown the dividend every year in that period. Impressive. So we just think it's a great name that's tethered to both old tech and new tech. Image by Steve Buissinne from Pixabay IBM is indeed making a comeback. As of the end of Q4, IBM's AI products and services surpassed $5 billion in total bookings, with $2 billion added just since last quarter. Last year, IBM updated its Granite family of AI models for enterprise use, making them about 90% more cost-efficient than large models. RedHat is also key in IBM's open-source GenAI strategy. Management highlighted that RHEL AI and OpenShift AI platforms are gaining traction, along with IBM's watsonx AI solutions. The company expects its software business to grow by at least 10% in 2025, up from 8.3% growth in 2024. While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Zawya
25-06-2025
- Business
- Zawya
GBM becomes region's first company to join Red Hat partner practice accelerator
GBM will now have access to enhanced Red Hat resources and co-delivery opportunities Dubai, United Arab Emirates: Gulf Business Machines (GBM), a leading end-to-end digital solutions provider, has become the first company in the MEA/GCC region to join Red Hat Partner Practice Accelerator specializing in application development. This global initiative by Red Hat recognizes a select group of partners who have demonstrated advanced technical expertise and proven service delivery practices by achieving Red Hat professional training credentials, certifications, and partner services validation. With its participation, GBM is a trusted expert in application modernization using Red Hat OpenShift, the industry's leading hybrid cloud application platform powered by Kubernetes, capable of architecting, implementing, and configuring tailored enterprise-grade solutions that drive impactful business outcomes. GBM will now have access to enhanced Red Hat resources and co-delivery opportunities to support customers with end-to-end implementation services, from design to deployment, as well as scalable, future-ready solutions that align with their business goals. This distinction reaffirms GBM's commitment to innovation, operational excellence, and long-term success for its customers adopting Red Hat technologies. Combining its deep local roots with global standards, GBM is positioned to help shape the future of application development across the region. Red Hat Partner Practice Accelerator is part of Red Hat's evolving partner engagement model that implements a globally unified approach to collaboration. The initiative provides partners with simplified paths to co-create, innovate, and deliver solutions and services to support customers on their hybrid cloud journeys. About Gulf Business Machines (GBM) With more than 35 years of experience, 7 offices and over 1500 employees across the region, Gulf Business Machines (GBM) is a leading end-to-end digital solutions provider, offering the region's broadest portfolio, including industry-leading digital infrastructure, digital business solutions, security and services. We have nurtured partnerships since 1990 with the world's leading technology companies and invested in a talented, skilled workforce to implement solutions that cater to customer's specific, complex and diverse business needs. Some of our strategic partners in the Gulf include IBM as their sole distributor throughout the GCC (excluding Saudi Arabia and selected IBM product and services), Cisco as a Gold Partner (the highest level of certification at Cisco), and VMware as a Premier Partner (the highest partner status within VMware).
Yahoo
23-05-2025
- Business
- Yahoo
Analyst Highlights Potential ‘Big Driver' for IBM (IBM), Calls Pullback ‘Transitory'
As major AI players waver due to valuation and demand concerns, investors are looking for relatively under-the-radar tech stocks for growth potential. IBM has been gaining ground as the company plans new strategies for a turnaround. The stock is up 16% so far this year. Wamsi Mohan, Bank of America Global Research senior IT hardware analyst, said in a recent program on CNBC that he believes International Business Machines Corporation (NYSE:IBM) has the ability to meet its targets and called the pullback the company faced 'transitory.' 'They've divested a lot of assets that were not growing, they've invested in assets that are progrowth, and they're changing the growth profile of this company—and we think for the better. Now when you look at the quarter itself, the quarter was 2% constant currency growth, and the company has guided to about 5% plus constant currency growth for the year. So there's some skepticism on their ability to meet those targets. When we dig into the numbers, we actually think there is a way for them to meet or beat these kinds of numbers, and that's really driven by the fact that they're in a mainframe launch year, and the mainframe still is very relevant, contrary to maybe popular belief, and can be a big driver for numbers.' Mohan said he is 'very bullish' on International Business Machines Corporation (NYSE:IBM). International Business Machines Corporation (NYSE:IBM) is indeed making a comeback. As of the end of Q4, IBM's AI products and services surpassed $5 billion in total bookings, with $2 billion added just since last quarter. Last year, IBM Common Stock (NYSE:IBM) updated its Granite family of AI models for enterprise use, making them about 90% more cost-efficient than large models. RedHat is also key in IBM Common Stock (NYSE:IBM) open-source GenAI strategy. Management highlighted that RHEL AI and OpenShift AI platforms are gaining traction, along with IBM Common Stock (NYSE:IBM) watsonx AI solutions. While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IBM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Oracle and Red Hat Expand Partnership to Boost Hybrid Cloud and AI Capabilities
On May 20, Oracle Corporation (NYSE:ORCL) and Red Hat announced an expanded collaboration to accelerate hybrid cloud adoption and enhance AI integration. This partnership will provide a more consistent, cloud-native foundation for next-gen workloads, such as AI, by extending Red Hat Enterprise Linux and Red Hat OpenShift support to more deployment options on Oracle Cloud Infrastructure/OCI. A team of IT professionals meticulously crafting a large-scale enterprise performance management system. These deployment options now include government, sovereign, and distributed cloud services, as well as OCI Roving Edge Infrastructure, Oracle Compute Cloud@Customer, and Oracle Private Cloud Appliance. The expanded collaboration also includes the certification of Red Hat OpenShift AI on OCI, specifically validated on OCI's NVIDIA A100 and H100 GPU shapes, which enables high-performance model training and inference for demanding AI/ML workloads. Oracle is also actively validating key applications, such as Oracle WebLogic Server and the Oracle Cloud Scale Monetization portfolio, to run seamlessly on Red Hat OpenShift containers. The collaboration ensures continued certification of Oracle Database, including Oracle Real Application Clusters/RAC, on Red Hat Enterprise Linux, with new validation efforts for Red Hat OpenShift Virtualization to support Oracle Database partnership is expected to positively impact Oracle Corporation's (NYSE:ORCL) future revenue and earnings forecasts by strengthening its position in the cloud services sector, attracting new clients, and expanding its cloud market share. While we acknowledge the potential of ORCL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ORCL and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
TIVIT Adopts Red Hat OpenShift Virtualization to Build More Flexible and Efficient Cloud Solutions
BOSTON – RED HAT SUMMIT--(BUSINESS WIRE)--Red Hat, the world's leading provider of open source solutions, today announced that TIVIT, a multinational private cloud provider with operations across Latin America, has adopted Red Hat OpenShift Virtualization for greater cost efficiency in its virtualized infrastructure while reducing vendor lock-in. A capability of Red Hat OpenShift, Red Hat OpenShift Virtualization provides TIVIT with a modern virtualization platform, underscoring TIVIT's commitment to providing its extensive customer base with agile, scalable and economically-sound cloud solutions. TIVIT expands cost-efficient virtualized infrastructure choice with adoption of Red Hat OpenShift Virtualization. Share A hybrid private cloud provider, TIVIT employs more than 6,900 people and engages with more than 1,500 customer IT projects annually. The company maintains close collaborations with major technology providers, including Red Hat, AWS, Azure, Google, IBM, Oracle and VMware, offering hybrid and private cloud solutions that span bare-metal environments for restricted virtualization cases to high-performance, low-latency connectivity with public cloud services for in-datacenter deployments. The company's operations include a private cloud offering with regions in 10 countries including Brazil where it operates in 7 of the country's 10 largest companies, with robust disaster recovery and synchronous replication capabilities, as well as availability zones across Latin America. In response to changing market dynamics, TIVIT sought an additional alternative to its existing virtualization platform to become more cost-efficient and to reduce its reliance on a single vendor for critical technology. TIVIT already had a decade and half long relationship with Red Hat, having already built customer and infrastructure offerings around Red Hat Enterprise Linux and Red Hat OpenShift, so exploring Red Hat OpenShift Virtualization provided a further extension of this trusted collaboration. Using the Red Hat migration toolkit for virtualization, TIVIT can more efficiently bring workloads in virtualization environments to Red Hat OpenShift Virtualization while maintaining critical security standards. The provider's Red Hat OpenShift Virtualization environment now supports roughly 1,500 virtual servers and uses segmented networking for high-performance and enhanced security of operations. It also incorporates dedicated networks to manage cluster control, virtual machine (VM) communication, storage replication and more to allow for easier integration with OpenShift, public cloud and other provider workloads. With Red Hat OpenShift Virtualization, TIVIT gains several advantages including: Support for hybrid and multicloud deployments with a common platform based on open standards that can operate in whatever environment is required. Significant cost savings of up to 73% when using Red Hat Enterprise Linux in conjunction with Red Hat OpenShift Virtualization. Critical modern virtualization capabilities including over-provisioning of vCPUs, live workload migration, built-in cloning and snapshot tools and more. TIVIT emphasizes aligning an organization's cloud strategy with its ultimate business objectives, helping deliver effective, choice-driven cloud platforms to meet a variety of use cases. With Red Hat OpenShift Virtualization, TIVIT is able to focus on bringing value to its clients without concerns over vendor lock-in or skyrocketing infrastructure costs, built on an existing trusted collaboration with Red Hat. Red Hat Summit Join the Red Hat Summit keynotes to hear the latest from Red Hat executives, customers and partners: Modernized infrastructure meets enterprise-ready AI — Tuesday, May 20, 8-10 a.m. EDT (YouTube) Hybrid cloud evolves to deliver enterprise innovation YouTube) Supporting Quotes Mike Barrett, vice president and general manager, Hybrid Platforms, Red Hat 'Technology providers need to be laser-focused on delivering customer value, not on deciphering the changing dynamics of the virtualization vendor landscape. TIVIT's adoption of Red Hat OpenShift Virtualization, built on our long history of trusted collaboration, enables the company to focus purely on its customers' needs with the knowledge that its operations are supported by a production-ready, open and supported virtualization platform.' Additional Resources Connect with Red Hat About Red Hat Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere—from the datacenter to the edge. As the world's leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow's IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings. Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. Red Hat, Red Hat Enterprise Linux, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.
