Latest news with #non-Oracle
Business Insider
20-05-2025
- Business
- Business Insider
IBM and Oracle (ORCL) Work to Bring watsonx AI Tools to Oracle Cloud Infrastructure
Tech company IBM (IBM) is working with Oracle (ORCL) to bring its watsonx AI tools to Oracle Cloud Infrastructure (OCI). This move strengthens their long-standing partnership and aims to improve how businesses use AI across their entire operations. Starting in July, IBM's watsonx Orchestrate AI agents will be available on OCI. These agents are designed to help businesses manage complex workflows that involve both Oracle and non-Oracle apps and data sources by making everything work together more smoothly. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter The AI agents from IBM will work with Oracle's existing AI tools, like the Oracle AI Agent Studio and OCI Generative AI Agents. This expands what companies can do with Oracle Fusion Applications by adding more ways to use AI in different apps and systems. The first tasks these AI agents will focus on are in human resources. The agents will run on OCI using Red Hat OpenShift and will be available in public, government, sovereign, and Oracle Alloy cloud regions. They can also run on-premises or in other cloud setups to meet privacy and regulatory needs. Oracle also plans to offer IBM's Granite AI models through OCI Data Science later this year. These open-source models will be easier to access through OCI's AI Quick Actions and will be available as cached models. Additionally, IBM will launch its Envizi ESG Suite—a tool for tracking environmental and social data—on OCI in Saudi Arabia within the next 12 months. As a result, IBM's is now certified to run on OCI, which gives businesses a reliable platform to build, run, and manage AI apps using tools, APIs, models, and runtimes. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on eight Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $260.62 per share implies 2.9% downside risk.
Channel Post MEA
08-05-2025
- Business
- Channel Post MEA
IBM And Oracle To Advance Agentic AI and Hybrid Cloud Capabilities
IBM is working with Oracle to bring the power of watsonx, IBM's flagship portfolio of AI products, to Oracle Cloud Infrastructure (OCI). Leveraging OCI's native AI services, the latest milestone in IBM's technology partnership with Oracle is designed to fuel a new era of multi-agentic, AI-driven productivity and efficiency across the enterprise. Organizations today are deploying AI throughout their operations, looking to take advantage of the extraordinary advancements in generative AI models, tools, and agents. AI agents that can provide a single, easy-to-use interface to complete tasks are emerging as key tools to help simplify the deployment and use of AI across enterprise operations and functions. 'AI delivers the most impactful value when it works seamlessly across an entire business,' said Greg Pavlik, executive vice president, AI and Data Management Services, Oracle Cloud Infrastructure. 'IBM and Oracle have been collaborating to drive customer success for decades, and our expanded partnership will provide customers new ways to help transform their businesses with AI.' Watsonx Orchestrate to support multi-agent workflows To give customers a consistent way to build and manage agents across multi-agent, multi-system business processes, spanning both Oracle and non-Oracle applications and data sources, IBM is making its watsonx Orchestrate AI agent offerings available on OCI in July. This multi-agent approach using wastonx Orchestrate is designed to work with the expansive AI agent offerings embedded within the Oracle AI Agent Studio for Fusion Applications, as well as OCI Generative AI Agents, and OCI's other AI services. It extends the ecosystem around Oracle Fusion Applications to enable further functionality across third-party and custom applications and data sources. The first use cases being addressed are in human resources. The watsonx Orchestrate agents will perform AI inferencing on OCI, which many customers use to host their data, AI, and other applications. IBM agents run in watsonx Orchestrate on Red Hat OpenShift on OCI, including in public, sovereign, government, and Oracle Alloy regions, to enable customers to address specific regulatory and privacy requirements. The agents can also be hosted on-premises or in multicloud environments for true hybrid cloud capabilities. IBM Granite Models Hosted on OCI Data Science To give customers more choice of fit-for-purpose, compact and efficient models, Oracle intends to make the IBM Granite family of AI models available through its OCI Data Science via AI Quick Actions. To streamline Granite access, the open-source Granite models are expected to be available within OCI as a cached LLM in the second half of this year. 'By integrating our AI with Oracle's offerings, we're enabling businesses to easily deploy and manage AI agents across their enterprise,' said Kareem Yusuf Ph.D, Senior Vice President, Ecosystem, Strategic Partners & Initiatives, IBM. 'Our collaboration with Oracle illustrates how IBM and our partners offer clients a seamless and flexible path to scale AI.' IBM Software to be Available on OCI Oracle and IBM also plan to make IBM Envizi ESG Suite available on OCI, with an initial release in Saudi Arabia expected within the next 12 months. IBM Envizi is an enterprise sustainability solution that automates the capture, management and reporting of environmental, social, and governance (ESG) data. IBM's is now certified to run on OCI, enabling customers to leverage its industry-leading scalability and performance for bare metal and virtual machine instances with the benefits of the Red Hat OpenShift. is an enterprise-grade developer studio for building, running, and managing AI applications. Bringing to OCI can help organizations develop AI services on OCI, where they may already have applications and data, and deploy them into their application of choice with a collection of the APIs, tools, models, and runtimes. Expanded Oracle Services from IBM Consulting IBM is introducing expanded consulting services to help customers turn enterprise strategy into enterprise outcomes by enabling the use of AI agents across multiple platforms to transform end-to-end business processes. Leveraging deep technology and industry expertise, IBM Consulting will help customers orchestrate their agentic ecosystem by integrating, building, and scaling AI agents, including native Oracle AI agents, watsonx Orchestrate AI agents, and agents from across IBM's partner ecosystem. IBM Consulting will also advise customers on how AI agents impact enterprise operating models and the workforce, including change management and enabling new ways of working. IBM consultants bring deep expertise in transforming core business processes like HR and supply chain as well as capabilities in its AI-powered delivery platform, IBM Consulting Advantage, to deliver value quickly. IBM Consulting is offering new services that leverage AI-powered assets and methods to help Oracle customers migrate their workloads from on-premises virtual machines to Red Hat OpenShift Virtualization on OCI bare metal cloud. This service helps customers migrate and modernize their infrastructure as they deploy with the proven virtualization of the OpenShift container platform running on OCI to provide flexible infrastructure for both legacy applications and AI and hybrid multicloud workloads. IBM brings deep expertise in business transformation with OCI and Oracle Fusion Cloud Applications, backed by a 38-year strategic partnership spanning technology and services, thousands of consultants who are certified across core Oracle technologies, and the acquisitions of Oracle consultancies Accelalpha and Applications Software Technology LLC. Oracle and IBM also intend to pilot a joint go-to-market approach in select markets to help bring these new services and capabilities to customers. 'Agents are becoming an important strategic advantage for organizations to optimize operations and deliver better customer and employee experiences,' said Ritu Jyoti, IDC General Manager and Group Vice President. 'Today's most advanced agents are able to interact across different systems and processes, unleashing greater productivity and driving wider adoption. The Agentic AI approach IBM is taking with Oracle is a leading example of how the ability to orchestrate agentic workflows across systems can drive significant advantages, streamlining how work gets done and unlocking growth and innovation.' 0 0
Business Insider
07-05-2025
- Business
- Business Insider
IBM Expands Its AI Reach with Major Oracle and Lumen Partnerships
Tech company IBM (IBM) is pushing harder into artificial intelligence with two major partnerships. The first one is with Oracle (ORCL) while the other is with Lumen Technologies (LUMN). With Oracle, IBM is bringing its watsonx AI platform to Oracle Cloud Infrastructure (OCI) in order to make AI-driven business processes easier and more efficient. Starting in July, IBM's watsonx Orchestrate will be available on OCI and allow companies to create and manage AI agents (software systems that use AI to act on behalf of users) that work across both Oracle and non-Oracle apps. Protect Your Portfolio Against Market Uncertainty In a separate move, IBM has partnered with Lumen Technologies to bring AI capabilities to the edge, which basically means closer to where data is created. By combining IBM's watsonx with Lumen's fast, low-latency Edge Cloud infrastructure, businesses in industries like finance, healthcare, manufacturing, and retail can process large amounts of data in real time. This can reduce costs, improve security, and make customer experiences smarter and faster. These partnerships demonstrate how IBM is expanding its presence in both cloud and edge computing as AI adoption grows. Indeed, the Oracle collaboration is meant to integrate AI into large enterprise workflows and cloud services, while the Lumen partnership focuses on enabling real-time AI processing. Together, these moves show that IBM is working towards becoming a serious player in the AI industry. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on eight Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $258.79 per share implies 3.9% upside potential.
Associated Press
27-02-2025
- Business
- Associated Press
Oracle Services Power IT Modernization in Asia Pacific
A growing number of enterprises in Asia Pacific are seeking Oracle ecosystem services to help them carry out digital transformations to remain competitive in rapidly changing markets, according to a new research report published today by Information Services Group ( ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The 2024 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Asia Pacific finds many large Oracle customers are modernizing legacy systems, navigating cloud migrations and evaluating hyperscale cloud options. Service providers are helping clients optimize their Oracle investments, often with the use of AI tools, while Oracle is increasingly investing in talent development and collaboration in the region, including partnerships with governments in Singapore, Australia and India for large-scale training programs. 'Companies in Asia Pacific need digital transformation to stay relevant,' said Michael Gale, partner and regional leader, ISG Asia Pacific. 'Oracle and its partners are rising to the challenge by strengthening their expertise and developing talent in the region.' Large organizations in manufacturing, retail, financial services, consumer packaged goods and the public sector are increasing their use of Oracle services, the report says. In addition to modernization planning and execution, many seek help addressing regional nuances such as data sovereignty and compliance requirements, especially in India, Singapore, Malaysia, Australia and New Zealand. Outdated legacy systems are holding back many organizations in the region, leading to rising demand for both consulting and advisory services to plan modernization initiatives, ISG says. To reach strategic goals and maximize Oracle investments, enterprises seek providers that demonstrate domain expertise and the ability to innovate. Carrying out transitions with minimal disruption and consistent data integrity is a key requirement. Companies seeking to maintain Oracle performance and uptime amid cost, compliance and complexity challenges are driving up demand for managed services in Asia Pacific, the report says. Comprehensive services allow clients to optimize resource management, enhance productivity and focus on strategy. More enterprises in the region are adopting Oracle Cloud Infrastructure (OCI), often leveraging local data centers and integrating advanced tools, ISG says. A key requirement is the availability of generative AI for process automation and management of multicloud environments. Companies give priority to service providers that offer comprehensive support for Oracle and non-Oracle environments and enhance integration across cloud platforms. 'Enterprises in Asia Pacific are choosing leading OCI providers with a strong local presence,' said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. 'Along with competitive pricing and proven track records in Oracle migrations, this fosters trust.' The report also examines other trends affecting Oracle users in Asia Pacific, including enterprises consolidating providers of comprehensive application management services and the impact of OCI's recently introduced interoperability across AWS, Azure and Google Cloud. For more insights into the challenges faced by enterprises using Oracle in Asia Pacific, see the ISG Provider Lens™ Focal Points briefing here. The 2024 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Asia Pacific evaluates the capabilities of 28 providers across four quadrants: Consulting and Advisory Services, Implementation and Integration Services, Managed Services and OCI Solutions and Capabilities. The report names Accenture, Cognizant, Deloitte, HCLTech, Infosys, LTIMindtree, TCS, Tech Mahindra and Wipro as Leaders in all four quadrants. It names PwC as a Leader in three quadrants and KPMG as a Leader in two quadrants. Capgemini is named as a Leader in one quadrant. In addition, Capgemini, DXC Technology and Kyndryl are named as Rising Stars — companies with a 'promising portfolio' and 'high future potential' by ISG's definition — in one quadrant each. In the area of customer experience, Capgemini is named the global ISG CX Star Performer for 2024 among Oracle Cloud and Technology Ecosystem providers. Capgemini earned the highest customer satisfaction scores in ISG's Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry. The 2024 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Asia Pacific is available to subscribers or for one-time purchase on this webpage. About ISG Provider Lens™ Research The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage. About ISG ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world's top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments. +1 203 517 3119 [email protected] Sheridan, Matter Communications for ISG +1 978-518-4520 SOURCE: Information Services Group, Inc. Copyright Business Wire 2025. PUB: 02/26/2025 08:00 PM/DISC: 02/26/2025 07:59 PM
