Latest news with #DeutscheTelekom
Yahoo
16-07-2025
- Business
- Yahoo
Germany eyes 10% economic output from AI by 2030
Germany is reportedly seeking to intensify its focus on AI, aiming to bolster its economy and enhance its competitiveness in global technological arenas. According to a Reuters report, a draft strategy from the German research ministry has outlined a vision to generate 10% of the nation's economic output from AI by 2030. The draft also proposed making AI as a pivotal tool in key research sectors. The strategy does not specify the existing contribution of AI to Germany's economy. The German cabinet is anticipated to approve this strategy by the month's end. The document outlined plans to seek bids for building high-capacity processing centres in the EU, aiming for them to be operational by 2027. The German government intends to coordinate these efforts with industry, experts, and federal states by the end of the year. Notably, the European Commission has earmarked €20bn ($23.24bn) in funding to construct AI 'gigafactories' across the EU. Under a recent coalition agreement, Germany aims to house at least one such centre, with companies such as Deutsche Telekom showing interest. Additionally, the strategy includes objectives to advance quantum computing technology, targeting the creation of two 'error-corrected quantum computers' by 2030. This initiative also involves launching Germany's first research satellite for quantum communication within the year. Although Germany has achieved early innovation successes, the strategy acknowledges a lag in AI commercialisation. The Organisation for Economic Co-operation and Development report from 2024 indicated that AI could address several critical challenges for Germany, such as the green transition and improvements in administrative, industrial, and healthcare efficiency. Recently, Oracle announced a $2bn investment over the next five years to expand its AI and cloud infrastructure in Germany. The investment will help in boosting AI infrastructure capacity in the Oracle Cloud Frankfurt Region. "Germany eyes 10% economic output from AI by 2030" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
Time of India
12-07-2025
- Business
- Time of India
Deutsche Telekom Faces Backlash Over T-Mobile's Diversity Program Cuts Amid Trump Pressure, ETHRWorld
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. Frankfurt, Jul 10, 2025 -German telecommunications giant Deutsche Telekom came under pressure Thursday after US subsidiary T-Mobile agreed to scrap its diversity programmes in an apparent concession to US President Donald 230,000 people signed a petition launched by activist group Campact calling on T-Mobile to keep the programmes and demand that Telekom's board take a public stand against the Trump administration 's "attempts at intimidation"."If Telekom wants to convincingly fight for diversity and against discrimination, then it has to defend its values -- especially when they come under pressure," the petition said.A spokeswoman for Deutsche Telekom told AFP that the group was "inclusive" but had to follow the rules and regulations of the countries they operated in."T-Mobile US, an American and legally independent company, operates under the legal framework applicable in the United States," she said, adding that the company wanted a "more nuanced discussion" of the row broke out after the head of the US Federal Communications Commission (FCC), Brendan Carr, published a letter from T-Mobile in which the firm promised to end its diversity, equity and inclusion (DEI) initiatives."T-Mobile will no longer have any individual roles or teams focused on DEI", the letter said, adding that it would also remove "any references to DEI on its websites" and in future -- whose agency is currently deciding whether to approve two major T-Mobile deals in the United States -- said in a post on the X platform that the move was a victory for "common sense" and for advocates say programmes aimed at helping or connecting specific groups, such as black or gay Americans, can boost fairness at the say they undermine equality of opportunity and stop merit being the only consideration in hiring Trump administration has moved against the programmes in the federal government as well as its contractors, and major US corporates including Meta, Target and McDonald's have either abolished or scaled them back since Trump took
Yahoo
09-07-2025
- Business
- Yahoo
IBM's Concert Cuts Patch Time by 10x — Deutsche Telekom Goes All-In on AI Automation
International Business Machines Corporation (NYSE:IBM) is one of the . On July 2, the company announced that Deutsche Telekom, a leading provider of telecommunications and IT services, will implement the AI-powered solution IBM Concert, enabling intelligent automation in patch management and making security tasks smarter and more automatic. Patches help systems stay secure, relevant, and functional. Without them, there is a chance that software becomes obsolete, unstable, or even vulnerable. While patches are important, handling them can be a challenge. This is where IBM Concert comes in, helping companies reduce their operational costs and the effort needed for patching vulnerabilities. Doing so, they accelerate the speed of response and improve security. Deutsche Telekom will be using IBM Concert to leverage intelligent resilience for complex IT operations. The solution combines all relevant data and specializations, creating contextual information to enable end-to-end AI-powered automation. A handshake between two men in the lobby of a modern office building, signifying the formation of a Master Limited Partnership. Deutsche Telekom reported a successful pilot implementation of IBM Concert, achieving a 10x reduction in a key metric 'Median Time To Patch,' and going from 80 hours per critical vulnerabilities to eight hours. 'Security and trust are the cornerstones of success for all telecommunications companies. IBM Concert incorporates modern AI and automation technologies so that Deutsche Telekom can stay ahead of the dramatically escalating number and complexity of critical vulnerabilities across their Hybrid Cloud platform.' -Steve Canepa, Global Managing Director at IBM. International Business Machines Corporation (NYSE:IBM) is a multinational technology company and a pioneer in artificial intelligence, offering AI consulting services and a suite of AI software products. While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and Disclosure: None. 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
04-07-2025
- Business
- Yahoo
Deutsche Telekom to boost IT efficiency
German telecommunications company Deutsche Telekom plans to enhance its IT operations by implementing IBM Concert, an AI-powered automation solution. According to IBM, this initiative aims to improve efficiency in patch management and security activity orchestration within Deutsche Telekom's digital infrastructure. IBM Concert employs AI-driven recommendations and workflows powered by IBM watsonx to streamline IT operations. This adoption is expected to significantly reduce operational costs and improve response times in addressing vulnerabilities. Patches are essential for securing software environments, and IBM Concert facilitates this by integrating various data sources to create a comprehensive plan for prioritised patching. IBM global managing director Steve Canepa said: 'Security and trust are the cornerstones of success for all telecommunications companies. 'IBM Concert incorporates modern AI and automation technologies so that Deutsche Telekom can stay ahead of the dramatically escalating number and complexity of critical vulnerabilities across their hybrid cloud platform." IBM revealed that Deutsche Telekom's decision to implement this solution follows a successful pilot that demonstrated substantial gains in efficiency. During the pilot, the median time to patch critical vulnerabilities was reduced from 80 hours to eight hours. Deutsche Telekom group chief information officer (CIO) Peter Leukert said: "Secure operating systems form the foundation for all applications, databases, and services that we offer our customers. When it comes to patching, the time factor has taken on a critical role in the AI era. 'Those who use available updates immediately and automatically can reduce security risks. We face this challenge together with our partner. "We were looking for a standalone solution on the market that combines all the complex aspects of patch management and reliably automates everything." IBM Concert aggregates data from security scans, application information, and publicly available databases to develop an optimised patching strategy. This process is claimed to decrease patching time per instance from 90 minutes to 20 minutes, freeing IT teams for more strategic tasks. The solution supports fully automated installation of operating system patches for platforms such as Microsoft Windows Server and Red Hat Enterprise Linux. It integrates tools like Ansible Playbooks in cloud environments, ensuring seamless execution within maintenance windows. The automation process includes generating ServiceNow change requests and documenting results in the IT service management system. This ensures compliance, improves traceability of changes, and provides a quick overview for maintaining hybrid cloud environments. "Deutsche Telekom to boost IT efficiency" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
04-07-2025
- Business
- Yahoo
IBM Concert Gains Traction: Can This AI-Driven Solution Aid the Stock?
International Business Machines Corporation IBM recently announced that Deutsche Telekom AG DTEGY will deploy the IBM Concert solution to improve overall efficiency. This AI-powered automation solution will provide Deutsche Telekom with intelligent resilience for complex IT operations such as patch management and the orchestration of security-related activities. This, in turn, will help Deutsche Telekom to better address the complexity of critical vulnerabilities across its hybrid cloud platform and respond faster to potential Concert brings together all relevant data and specializations for AI-driven recommendations and workflows. It helps reduce operational costs for patching vulnerabilities through fast response times and higher efficiency for securing all systems, freeing up IT resources and manpower, which then can be used for other productive purposes. Using the IBM Watsonx platform, the fully automated patching process for operating systems has been designed to reduce patching time from 90 minutes to a maximum of 20 minutes. Leveraging Generative AI, IBM Concert develops an optimized and prioritized patching plan by creating contextual information about system topology and business requirements that enables end-to-end AI-powered automation. IBM's Watsonx platform is likely to be the core technology platform for IBM's AI capabilities. Watsonx delivers the value of foundational models to the enterprise, enabling them to be more productive. This enterprise-ready AI and data platform comprises three products to help organizations accelerate and scale AI — the studio for new foundation models, generative AI and machine learning, the fit-for-purpose data store built on an open lake house architecture and the toolkit to help enable AI workflows to be built with responsibility and transparency. With a surge in traditional cloud-native workloads and associated applications, along with a rise in generative AI deployment, there is a radical expansion in the number of cloud workloads that enterprises are currently managing. This has resulted in heterogeneous, dynamic and complex infrastructure strategies, which, in turn, have led firms to undertake a cloud-agnostic and interoperable approach to highly secure multi-cloud management. IBM is poised to benefit from healthy demand trends for hybrid cloud and AI, which drive the Software and Consulting segments. The company's growth is expected to be aided by analytics, cloud computing and security in the long term. A combination of a better business mix, improving operating leverage through productivity gains and increased investment in growth opportunities will likely boost profitability. Buoyed by strong demand for hybrid cloud and AI, IBM has surged 63.7% over the past year compared with the industry's growth of 9.4%, outperforming peers like Microsoft Corporation MSFT and Inc. AMZN. While Microsoft has gained 6.6%, Amazon jumped 11.3% over this period. One-Year IBM Stock Price Performance Image Source: Zacks Investment Research IBM is currently witnessing an uptrend in estimate revisions. Earnings estimates for 2025 have moved up 4.6% to $10.95 over the past year, while the same for 2026 has increased 4.5% to $11.66. The positive estimate revision portrays bullish sentiments about the stock's growth potential. Image Source: Zacks Investment Research Despite solid hybrid cloud and AI traction, IBM is facing stiff competition from Amazon Web Services and Microsoft Azure. Increasing pricing pressure is eroding margins, and profitability has trended down over the years, barring occasional spikes. The company's ongoing, heavily time-consuming business model transition to the cloud is challenging. Weakness in its traditional business and foreign exchange volatility remain significant concerns. From a valuation standpoint, IBM appears to be trading at a premium relative to the industry and is trading well above its mean. Going by the price/book ratio, the company shares currently trade at 9.92, higher than 3.95 for the industry and the stock's mean of 6.01. Image Source: Zacks Investment Research IBM hybrid cloud blends public cloud, private cloud and on-premises infrastructure to develop a single, flexible, cost-optimal IT infrastructure. With the buyout of HashiCorp, the company has created a comprehensive end-to-end hybrid cloud platform built for AI-driven complexity, delivering clients extensive application, infrastructure and security lifecycle management capabilities. The IBM Concert solution is increasingly gaining wider adoption by incorporating modern AI and automation technologies for a future-proof, scalable and highly secure IT operating with a Zacks Rank #3 (Hold), IBM appears to be treading in the middle of the road, and new investors could be better off if they trade with caution. It is also trading at premium valuation metrics and investors could wait for a better entry point to cash in on its long-term fundamentals. Consequently, it might not be prudent to bet on the stock at the moment. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report International Business Machines Corporation (IBM) : Free Stock Analysis Report Deutsche Telekom AG (DTEGY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
