Latest news with #StevenDickens
Yahoo
23-04-2025
- Business
- Yahoo
IBM Is 'Well-Positioned to Benefit From AI,' Expert Says
IBM (IBM) is focusing on providing AI to companies, and it should benefit from the latter approach, Steven Dickens, the CEO of HyperFRAME Research told the Schwab Network recently. IBM is slated to report its first-quarter results today after the market closes. A closeup of a woman's hands typing rapidly on a laptop in a corporate office setting. IBM's Approach to AI The tech giant is primarily looking to help companies implement AI, and it's specializing in providing low-cost, security-oriented AI, Dickens reported. The latter approach is being well-received by companies, according to the expert. Moreover, IBM can provide "operational and automation management" of any hybrid cloud, and it's "doubling down on (its) open-source (approach,)" according to Dickens. The firm also plans to use its footholds with many businesses to sell more of its AI-powered WatsonX software and to generate more revenue from its consulting business, Dickens stated. Dickens' Bottom Line on IBM Stock The firm is "well-placed to ride the wave of the AI trade," Dickens said. While we acknowledge the potential of IBM, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IBM but that trades at less than 5 times its earnings, check out our report about this . 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. Sign in to access your portfolio
TECHx
03-04-2025
- Business
- TECHx
Portworx Enterprise 3.3 Boosts VM Performance on Kubernetes
Portworx Enterprise 3.3 Boosts VM Performance on Kubernetes Portworx has announced Enterprise 3.3, delivering true VM performance at scale with unified storage management and seamless integrations. This release cements Portworx as the preferred storage and data platform for Kubernetes workloads. Built for Kubernetes, Enterprise 3.3 improves scalability, automation, and self-service. It also helps enterprises address costly virtualization challenges. With its unified platform and multiple integrations, businesses can modernize at their own pace. Companies choosing Kubernetes can cut costs by 30-50% compared to traditional alternatives. Portworx takes these savings further by eliminating the need for complex workload migrations. Instead, enterprises can keep VMs on Kubernetes indefinitely while refactoring applications or building new cloud-native solutions. Managing data storage for VMs and containers is now easier. A single workflow replaces multiple tools, while the agnostic storage approach supports both Pure Storage and non-Pure Storage environments. 'As Broadcom's acquisition of VMware reshapes the market, businesses seek cost-effective virtualization,' said Venkat Ramakrishnan, VP & GM, Portworx, Pure Storage. He noted that 81% of enterprises surveyed in 2024 plan to modernize or migrate VMs to Kubernetes, with most doing so within two years. Portworx Enterprise 3.3 introduces RWX Block for KubeVirt VMs, boosting high-performance read/write capabilities on FlashArray™ and other storage vendors. It also offers centralized data management, zero RPO disaster recovery, and file-level backup for Linux VMs. Additionally, it integrates with KubeVirt platforms from SUSE, Spectro Cloud, and KuberMatic, alongside its existing Red Hat partnership. Steven Dickens, CEO and Principal Analyst at HyperFRAME Research, called the update a game-changer. 'Portworx 3.3 offers seamless VM and container support, delivering 30-50% cost savings without compromising performance or scalability.' Mike Barrett, VP & GM, Hybrid Cloud Platforms, Red Hat, highlighted the benefits. 'Our collaboration with Portworx improves block volume performance for VMs and enhances business-critical disaster recovery with synchronous replication.' With Enterprise 3.3, Portworx delivers next-level Kubernetes storage while helping enterprises reduce costs, streamline management, and accelerate cloud-native transformation.
