Latest news with #OpenShift
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.
Techday NZ
21-05-2025
- Business
- Techday NZ
Red Hat & Oracle expand hybrid cloud capabilities on OCI
Red Hat and Oracle have announced an expanded collaboration focused on expanding hybrid cloud capabilities, including the general availability of Red Hat OpenShift on Oracle Cloud Infrastructure (OCI) and enhanced interoperability with Oracle applications and services. The partnership enables customers to access a more consistent, cloud-native foundation by extending Red Hat Enterprise Linux and Red Hat OpenShift support across more Oracle deployment options, including government, sovereign and distributed cloud environments. Red Hat and Oracle highlighted the rising importance of hybrid cloud adoption, referencing a Gartner prediction that "90% of organizations will adopt a hybrid cloud approach through 2027, and the most urgent GenAI challenge necessary to address over the next year will be data synchronization across the hybrid cloud environment." The companies stated: "This makes the seamless availability of critical software across hybrid cloud environments a paramount need." The expanded support covers a range of security-sensitive and regulated computing environments. Red Hat Enterprise Linux and Red Hat OpenShift now provide validated configurations for OCI, making them available for high-security government clouds and sovereign deployments that must comply with regional mandates. Red Hat OpenShift is now certified to run on OCI Roving Edge Infrastructure, Oracle Compute Cloud@Customer, and Oracle Private Cloud Appliance. This extends OpenShift's presence to a wider array of Oracle's cloud offerings. OCI customers can now operate Red Hat Enterprise Linux on both OCI Dedicated Region Cloud and Oracle Alloy. These services enable delivery of OCI's portfolio of over 200 artificial intelligence and cloud services within a customer's own datacentres. Oracle Alloy also allows customers to act as cloud providers by reselling OCI services to their end users. Additionally, Red Hat OpenShift now supports OCI Compute bare metal instances equipped with NVIDIA A100 and H100 GPUs. This capability increases the available options for organisations engaged in artificial intelligence and machine learning workload development, providing high-performance model training and inference facilities. Oracle has also started validating key Oracle applications and software—including Oracle WebLogic Server—to run as containers on Red Hat OpenShift. This initiative aims to create a jointly supported customer experience designed to unlock the potential of Oracle software running on the scalability and flexibility of Red Hat OpenShift, both on premises and in the cloud. The Oracle Cloud Scale Monetization portfolio, which includes a billing and revenue management suite, is now validated for Red Hat OpenShift. This is expected to provide communications service providers with greater infrastructure flexibility by enabling deployment of business support systems on OpenShift. Oracle Database, including Oracle Real Application Clusters (RAC), remains certified on Red Hat Enterprise Linux. Red Hat has also launched a validation project focused on Red Hat OpenShift Virtualization, supporting organisations that wish to deploy Oracle Database on OpenShift. Red Hat stated that it would review supported and common on-premises configurations, and offer guidance for deploying Oracle Database—including Oracle RAC where applicable—on OpenShift Virtualization.
Techday NZ
21-05-2025
- Business
- Techday NZ
Red Hat launches AI assistant to simplify hybrid cloud use
Red Hat has announced the general availability of Red Hat OpenShift Lightspeed, a generative AI-based virtual assistant integrated with its OpenShift platform. This tool is designed to enhance the deployment and management of application platforms across hybrid cloud environments by providing users with AI-powered guidance and assistance. The aim of OpenShift Lightspeed is to address the challenges faced by users of Red Hat OpenShift, particularly as organisations increasingly rely on hybrid cloud solutions powered by Kubernetes. The assistant is intended to help less experienced users become proficient more quickly and allow more experienced IT staff to focus on higher-value tasks. Mike Barrett, Vice President, Hybrid Platforms at Red Hat, commented on the challenges facing IT teams, stating, "Delivering AI-enabled applications is a top priority for organizations around the globe, but many IT teams already struggle with the complexities associated with hybrid cloud computing, let alone bringing these intelligent applications to life. Red Hat OpenShift Lightspeed helps flatten the learning curve for Red Hat OpenShift users, enabling novices to get started more quickly and more experienced users to maximize efficiencies on the industry's leading hybrid cloud application platform powered by Kubernetes. With Red Hat OpenShift Lightspeed, organizations can improve their productivity, freeing up time and putting a greater focus on delivering innovation to their customers." The company references research by IDC, which forecasts that over 90% of organisations worldwide will be affected by a shortage of IT skills by 2026, potentially leading to USD $5.5 trillion in losses due to product delays and lost business. Red Hat presents OpenShift Lightspeed as a solution to the anticipated skills gap, as it provides in-console, AI-driven assistance tailored specifically for OpenShift users. The new feature appears as an intelligent guide within the OpenShift web console. It offers tailored assistance and proactive, step-by-step support, designed to help IT teams of varying experience levels manage complex application environments with greater efficiency and confidence. Users can interact with OpenShift Lightspeed via natural language, asking questions about OpenShift and receiving answers that leverage Red Hat's accumulated expertise in hybrid cloud application management. One function allows users to share data from their own environments within the chat window, enabling the assistant to give contextually relevant responses on topics such as troubleshooting and cluster resource management. OpenShift Lightspeed offers integration with various generative AI model providers, including OpenAI, Azure OpenAI, and WatsonX. For organisations with specific control or security requirements, private AI options hosted on Red Hat Enterprise Linux AI and Red Hat OpenShift AI are also supported. This flexibility allows businesses to select the AI models that best fit their particular needs. The technology introduces a feature known as cluster-interaction, offered as a technology preview, which enables the virtual assistant to retrieve context directly from user clusters. This allows for more precise answers tailored to a given environment, differentiating it from more generalised guidance. Customisation is further supported through the bring your own knowledge (BYO Knowledge) feature, also available in technology preview. This capability lets organisations integrate their own documentation and organisational knowledge into the assistant, with the aim of generating responses that reflect their processes and preferred methods of using OpenShift. As hybrid cloud environments increasingly combine both containerised applications and virtualised workloads, managing these systems can be complex. OpenShift Lightspeed also delivers guidance specific to OpenShift Virtualization, assisting users with tasks such as migrating from legacy virtualisation vendors and integrating virtual machines alongside containerised applications. This support covers areas including VM migrations, networking, and storage, which is intended to simplify efforts to modernise infrastructure. Thomas Munoz, Core SRE Manager, Shopping, Amadeus, shared his perspective on the technology: "As a leading provider of advanced technology solutions within the global travel industry, our company prioritizes using innovative technologies to better serve our customers. Red Hat OpenShift has already helped us streamline operations and reduce time to market for new services. We look forward to exploring Red Hat OpenShift Lightspeed as we see strong potential for the technology to help us further accelerate and simplify the way our teams operate." Red Hat OpenShift Lightspeed is expected to be available in June 2025.
