Latest news with #RedHatOpenShift
Yahoo
6 days ago
- Business
- Yahoo
Why Wedbush Loves IBM Again
Wedbush keeps an Outperform on IBM (NYSE:IBM) and ups its price target to $325, banking on the company's expanding AI and hybrid-cloud franchises to drive a renewed growth led by Daniel Ives say recent field checks confirm IBM is emerging as one of the AI Revolution's early winners, thanks to a GenAI book of business north of $6 billion and a developer-driven ecosystem that fuels rapid innovation. Three-quarters of AI workloads are expected to run on containers by 2027, and IBM's combination of WatsonX AI agents, Red Hat OpenShift and hybrid-cloud tooling positions it to capture a lion's share of that shift. Beyond software, IBM is charting a course toward large-scale, fault-tolerant quantum computing, with its Quantum Nighthawk chip due later this year and the broader Quantum Starling platform slated for later this decade. Wedbush argues these moves not only reinforce IBM's AI leadership but also underscore its capacity to layer in new revenue streamsfrom premium GenAI services to next-gen quantum use casesover the coming a strong run in 2025, IBM still trades at valuations that understate its AI and quantum potential, Wedbush contends. As enterprises pour more workloads into hybrid-cloud and AI environments, vendors with end-to-end platformsspanning infrastructure, software, AI and quantumstand to generate outsized profits. IBM's deep enterprise relationships and broad product suite give it a rare runway to monetize both near-term AI demand and longer-term quantum opportunities. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Why Wedbush Loves IBM Again
Wedbush keeps an Outperform on IBM (NYSE:IBM) and ups its price target to $325, banking on the company's expanding AI and hybrid-cloud franchises to drive a renewed growth led by Daniel Ives say recent field checks confirm IBM is emerging as one of the AI Revolution's early winners, thanks to a GenAI book of business north of $6 billion and a developer-driven ecosystem that fuels rapid innovation. Three-quarters of AI workloads are expected to run on containers by 2027, and IBM's combination of WatsonX AI agents, Red Hat OpenShift and hybrid-cloud tooling positions it to capture a lion's share of that shift. Beyond software, IBM is charting a course toward large-scale, fault-tolerant quantum computing, with its Quantum Nighthawk chip due later this year and the broader Quantum Starling platform slated for later this decade. Wedbush argues these moves not only reinforce IBM's AI leadership but also underscore its capacity to layer in new revenue streamsfrom premium GenAI services to next-gen quantum use casesover the coming a strong run in 2025, IBM still trades at valuations that understate its AI and quantum potential, Wedbush contends. As enterprises pour more workloads into hybrid-cloud and AI environments, vendors with end-to-end platformsspanning infrastructure, software, AI and quantumstand to generate outsized profits. IBM's deep enterprise relationships and broad product suite give it a rare runway to monetize both near-term AI demand and longer-term quantum opportunities. This article first appeared on GuruFocus. 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
6 days ago
- Business
- Yahoo
Why Wedbush Loves IBM Again
Wedbush keeps an Outperform on IBM (NYSE:IBM) and ups its price target to $325, banking on the company's expanding AI and hybrid-cloud franchises to drive a renewed growth led by Daniel Ives say recent field checks confirm IBM is emerging as one of the AI Revolution's early winners, thanks to a GenAI book of business north of $6 billion and a developer-driven ecosystem that fuels rapid innovation. Three-quarters of AI workloads are expected to run on containers by 2027, and IBM's combination of WatsonX AI agents, Red Hat OpenShift and hybrid-cloud tooling positions it to capture a lion's share of that shift. Beyond software, IBM is charting a course toward large-scale, fault-tolerant quantum computing, with its Quantum Nighthawk chip due later this year and the broader Quantum Starling platform slated for later this decade. Wedbush argues these moves not only reinforce IBM's AI leadership but also underscore its capacity to layer in new revenue streamsfrom premium GenAI services to next-gen quantum use casesover the coming a strong run in 2025, IBM still trades at valuations that understate its AI and quantum potential, Wedbush contends. As enterprises pour more workloads into hybrid-cloud and AI environments, vendors with end-to-end platformsspanning infrastructure, software, AI and quantumstand to generate outsized profits. IBM's deep enterprise relationships and broad product suite give it a rare runway to monetize both near-term AI demand and longer-term quantum opportunities. This article first appeared on GuruFocus. Sign in to access your portfolio
Mid East Info
04-06-2025
- Business
- Mid East Info
Red Hat Powers Modern Virtualization on Microsoft Azure - Middle East Business News and Information
Red Hat OpenShift Virtualization on Microsoft Azure Red Hat OpenShift helps organizations more easily migrate to a modern infrastructure Red Hat, the world's leading provider of open source solutions, announced the public preview of Red Hat OpenShift Virtualization on Microsoft Azure Red Hat OpenShift. Available as a self-managed operator included in Azure Red Hat OpenShift, Red Hat OpenShift Virtualization offers organizations an accelerated path to modernization by streamlining the migration of virtual machines (VMs) from existing virtualization platforms to a scalable, cloud-native platform. Azure Red Hat OpenShift is a turnkey application platform that is jointly managed and supported by Red Hat and Microsoft, designed to help to reduce the complexities associated with managing the underlying infrastructure and empower IT teams to focus time and resources on innovation and modernization rather than routine maintenance. With Red Hat OpenShift Virtualization on Azure Red Hat OpenShift, organizations benefit from a more consistent hybrid cloud stack that can support VMs and containers alike to help significantly streamline application modernization and accelerate cloud-native strategies. This enables organizations to more effectively modernize existing critical VM infrastructure while continuing to evolve with new innovations that meet future business needs. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift empowers organizations to: Accelerate VM migration: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift helps organizations quickly migrate and scale existing VM workloads with built-in migration tooling and automation capabilities, such as those through Red Hat Ansible Automation Platform and Red Hat Advanced Cluster Management, to simplify the migration process, minimize disruption and enable teams to quickly shift to modern infrastructure. Simplify operations: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift provides a unified view of operations to more seamlessly manage both VMs and containers on the same platform across the hybrid cloud. Automated deployment and management of Red Hat OpenShift clusters further reduces complexity and risk. Modernize infrastructure: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift allows customers to build, modernize and deploy applications at scale. By adopting this Kubernetes-based platform, organizations instantly land on modern infrastructure that brings them two steps closer to their cloud-native application modernization goals. Azure Red Hat OpenShift brings modern application development processes and tools to VMs that help expedite the modernization of VM-based applications. Optimize resources: In addition to increasing DevOps productivity and decreasing the time to deploy applications with Azure Red Hat Openshift, further optimization can be realized with Red Hat OpenShift Virtualization by right-sizing VMs to better match workload needs. Built on the industry's leading hybrid cloud application platform powered by Kubernetes and Microsoft Azure's trusted cloud infrastructure, Azure Red Hat OpenShift delivers a future-ready platform with integrated security tooling, automation and management capabilities to extend innovation across the hybrid cloud. Red Hat OpenShift Virtualization is now available in public preview as a self-managed operator on Azure Red Hat OpenShift. Organizations can also apply their Microsoft Azure Consumption Commitment (MACC) and utilize the Azure Migration and Modernization Program (AMMP) for Azure Red Hat OpenShift. Additionally, customers can use the Azure Hybrid Benefit to reuse existing on-premise licenses for both Red Hat Enterprise Linux and Windows Licenses. Supporting Quotes: Chris Wright, senior vice president and chief technology officer, Red Hat 'As organizations continue to modernize and move away from legacy virtualization solutions, it is critical to choose a secure computing foundation for the future that can adapt to their current and evolving multi-infrastructure environments. Building upon our extensive history of collaboration and joint engineering efforts with Microsoft Azure, Red Hat OpenShift Virtualization running on Azure Red Hat OpenShift delivers more consistent orchestration for VMs and containers alike, setting organizations on a clear path to modern application development and deployment.' Brendan Burns, corporate vice president, Azure Compute, Microsoft: 'As customers modernize and move their apps from traditional virtual-machine-based fabrics that are on-premises to modern Kubernetes platforms, some components still need to run on traditional virtual machines for a while. To address this, Microsoft and Red Hat are collaborating to bring open-source innovation from the KubeVirt project into Azure Red Hat OpenShift. What I'm most excited about is how this enables customers to add virtualization capabilities to Azure Red Hat OpenShift, which allows them to modernize at their own pace, and get the best return on investment as they transition to the cloud.' 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.
Web Release
03-06-2025
- Business
- Web Release
Red Hat Powers Modern Virtualization on Microsoft Azure
Red Hat, the world's leading provider of open source solutions, announced the public preview of Red Hat OpenShift Virtualization on Microsoft Azure Red Hat OpenShift. Available as a self-managed operator included in Azure Red Hat OpenShift, Red Hat OpenShift Virtualization offers organizations an accelerated path to modernization by streamlining the migration of virtual machines (VMs) from existing virtualization platforms to a scalable, cloud-native platform. Azure Red Hat OpenShift is a turnkey application platform that is jointly managed and supported by Red Hat and Microsoft, designed to help to reduce the complexities associated with managing the underlying infrastructure and empower IT teams to focus time and resources on innovation and modernization rather than routine maintenance. With Red Hat OpenShift Virtualization on Azure Red Hat OpenShift, organizations benefit from a more consistent hybrid cloud stack that can support VMs and containers alike to help significantly streamline application modernization and accelerate cloud-native strategies. This enables organizations to more effectively modernize existing critical VM infrastructure while continuing to evolve with new innovations that meet future business needs. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift empowers organizations to: Accelerate VM migration: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift helps organizations quickly migrate and scale existing VM workloads with built-in migration tooling and automation capabilities, such as those through Red Hat Ansible Automation Platform and Red Hat Advanced Cluster Management , to simplify the migration process, minimize disruption and enable teams to quickly shift to modern infrastructure. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift helps organizations quickly migrate and scale existing VM workloads with built-in and automation capabilities, such as those through and , to simplify the migration process, minimize disruption and enable teams to quickly shift to modern infrastructure. Simplify operations: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift provides a unified view of operations to more seamlessly manage both VMs and containers on the same platform across the hybrid cloud. Automated deployment and management of Red Hat OpenShift clusters further reduces complexity and risk. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift provides a unified view of operations to more seamlessly manage both VMs and containers on the same platform across the hybrid cloud. Automated deployment and management of Red Hat OpenShift clusters further reduces complexity and risk. Modernize infrastructure: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift allows customers to build, modernize and deploy applications at scale. By adopting this Kubernetes-based platform, organizations instantly land on modern infrastructure that brings them two steps closer to their cloud-native application modernization goals. Azure Red Hat OpenShift brings modern application development processes and tools to VMs that help expedite the modernization of VM-based applications. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift allows customers to build, modernize and deploy applications at scale. By adopting this Kubernetes-based platform, organizations instantly land on modern infrastructure that brings them two steps closer to their cloud-native application modernization goals. Azure Red Hat OpenShift brings modern application development processes and tools to VMs that help expedite the modernization of VM-based applications. Optimize resources: In addition to increasing DevOps productivity and decreasing the time to deploy applications with Azure Red Hat Openshift, further optimization can be realized with Red Hat OpenShift Virtualization by right-sizing VMs to better match workload needs. Built on the industry's leading hybrid cloud application platform powered by Kubernetes and Microsoft Azure's trusted cloud infrastructure, Azure Red Hat OpenShift delivers a future-ready platform with integrated security tooling, automation and management capabilities to extend innovation across the hybrid cloud. Red Hat OpenShift Virtualization is now available in public preview as a self-managed operator on Azure Red Hat OpenShift. Organizations can also apply their Microsoft Azure Consumption Commitment (MACC) and utilize the Azure Migration and Modernization Program (AMMP) for Azure Red Hat OpenShift. Additionally, customers can use the Azure Hybrid Benefit to reuse existing on-premise licenses for both Red Hat Enterprise Linux and Windows Licenses. Red Hat Summit To listen to Red Hat Summit keynotes from Red Hat executives, customers and partners: Supporting Quotes Chris Wright, senior vice president and chief technology officer, Red Hat 'As organizations continue to modernize and move away from legacy virtualization solutions, it is critical to choose a secure computing foundation for the future that can adapt to their current and evolving multi-infrastructure environments. Building upon our extensive history of collaboration and joint engineering efforts with Microsoft Azure, Red Hat OpenShift Virtualization running on Azure Red Hat OpenShift delivers more consistent orchestration for VMs and containers alike, setting organizations on a clear path to modern application development and deployment.' Brendan Burns, corporate vice president, Azure Compute, Microsoft 'As customers modernize and move their apps from traditional virtual-machine-based fabrics that are on-premises to modern Kubernetes platforms, some components still need to run on traditional virtual machines for a while. To address this, Microsoft and Red Hat are collaborating to bring open-source innovation from the KubeVirt project into Azure Red Hat OpenShift. What I'm most excited about is how this enables customers to add virtualization capabilities to Azure Red Hat OpenShift, which allows them to modernize at their own pace, and get the best return on investment as they transition to the cloud.' Additional Resources Connect with Red Hat
