Latest news with #watsonx
Yahoo
28-05-2025
- Business
- Yahoo
Deutsche Bank to optimise operations with IBM's software suite
Deutsche Bank has announced an extension of its alliance with IBM, focusing on the integration of IBM's software solutions into its operations. The agreement allows the German bank to utilise IBM's extensive range of software offerings, which includes business and IT automation tools, hybrid cloud solutions, and the watsonx AI portfolio. Furthermore, Deutsche Bank will gain access to the latest enhancements in the IBM Storage Protect software suite. Deutsche Bank Group Technology Infrastructure head and AmericasTechnology Data and Innovation head Tony Kerrison said: 'IBM is a natural partner for Deutsche Bank's ambitious technology transformation, and their innovative solutions continue to help optimise and streamline our technology stack. 'Our employment of IBM's software and tooling strategically complements our ambitions to modernise, simplify and strengthen our technology infrastructure.' This collaboration is expected to assist Deutsche Bank in refining its business processes and IT infrastructure. The bank intends to phase out outdated systems, improve return on investment, and enhance customer service through the adoption of IBM's technology. Deutsche Bank IBM global managing director Dominic Schulz said: 'We are proud that Deutsche Bank has further intensified their relationship with IBM by engaging with our innovative software solution portfolio. 'With access to IBM's comprehensive offerings, including the innovative watsonx AI and automation portfolio, Deutsche Bank will be able to analyse its data more deeply, simplify complex business processes, and drive IT automation.' In March this year, Deutsche Bank's Corporate Venture Capital group and Heavybit co-led a Series A funding round for Kosli, which offers automated governance solutions for software delivery. "Deutsche Bank to optimise operations with IBM's software suite" was originally created and published by Retail Banker International, 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.
Cision Canada
27-05-2025
- Business
- Cision Canada
Deutsche Bank Accelerates Digital Transformation with IBM's Software Portfolio
New license agreement gives Deutsche Bank increased access to IBM's innovative software solutions to accelerate innovation, optimize operations, and enhance customer experience FRANKFURT and EHNINGEN, Germany, May 27, 2025 /CNW/ -- Deutsche Bank (Frankfurt: DBK) and IBM (NYSE: IBM) today announced a continuation of their partnership in the form of a strategic agreement that grants Deutsche Bank further access to IBM's comprehensive suite of software solutions. This includes IBM's business and IT automation stack, advanced hybrid cloud products, as well as access to the watsonx AI portfolio. Additionally, Deutsche Bank will benefit from the latest upgrades to the IBM Storage Protect software suite. These innovative solutions enable Deutsche Bank to further optimize its business processes, IT infrastructure, and services. By leveraging IBM's technology, Deutsche Bank aims to replace legacy solutions, maximize ROI, and deliver an enhanced customer experience. This agreement marks a significant continuation of the longstanding relationship between the two companies, particularly in relation to Deutsche Bank's existing software estate. "IBM is a natural partner for Deutsche Bank's ambitious technology transformation, and their innovative solutions continue to help optimize and streamline our technology stack," said Tony Kerrison, Deutsche Bank's Head of Group Technology Infrastructure and Head of Technology Data and Innovation for the Americas. "Our employment of IBM's software and tooling strategically complements our ambitions to modernize, simplify and strengthen our technology infrastructure." "We are proud that Deutsche Bank has further intensified their relationship with IBM by engaging with our innovative software solution portfolio," said Dominic Schulz, IBM Global Managing Director for Deutsche Bank. "With access to IBM's comprehensive offerings, including the innovative watsonx AI and automation portfolio, Deutsche Bank will be able to analyze its data more deeply, simplify complex business processes, and drive IT automation." About IBM IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformation quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit for more information. About Deutsche Bank Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network. Media contact: Barbara Jax IBM Corporate Communications [email protected] SOURCE IBM
Yahoo
21-05-2025
- Business
- Yahoo
Bahwan CyberTek (BCT) Expands AI-First Solutions to the U.S. Market with IBM Technology
BCT will double down on generative AI, automation and data platforms in the US using IBM technology. Bahwan CyberTek's Digital Group, "BCT EXP," will lead the efforts for BCT. SANTA CLARA, Calif., May 21, 2025--(BUSINESS WIRE)--Bahwan CyberTek (BCT), a global leader in digital transformation and AI-first experience solutions, today announced the expansion of its AI-driven solutions into the United States market. Leveraging IBM technologies like watsonx and Maximo, the expansion will focus on generative AI, automation and data platforms, in addition to cloud, EAM and ESG services. Drawing from over 14 years of experience with IBM, BCT's Digital Group, "BCT EXP," will lead the initiative. "We are excited to bring AI solutions to our customers in the United States, empowering workforces to do more with less," said Navin Prasad, EVP, Global Head of Experience at BCT. "As a global leader in AI, IBM's innovation is more valuable than ever. With our expansion in the US, BCT EXP will help customers protect value, drive down costs, and improve the efficacy and governance of their AI initiatives." By harnessing IBM solutions—including watsonx Orchestrate, watsonx Assistant and more—BCT EXP's US expansion will concentrate on the following key areas: AI assistants and databases Automation platforms and B2B integration, including business automation, IT automation and app integration Data fabric and analytics, including governance, integration and business analytics Driving Customer Success Through Innovation BCT's deep commitment to the IBM AI portfolio lies in the value it delivers to customers. Recent customer success stories include a large-scale IBM Maximo implementation for one of the world's largest metros, serving a community of 30 million people and 1 million daily active users. The project streamlined maintenance, procurement, and ERP operations, and created a unified interface for accessing asset information and 3D visualization of the metro infrastructure. It also improved user experience and enabled robust payment tracking, reporting, and data visualization. This successful project is one of many achieved with IBM solutions, as BCT has led the market in the Middle East, India, and the Asia Pacific (APAC) region. Building on its strong foundation, BCT is thrilled to expand its presence in the United States. BCT consistently delivers cutting-edge IBM technology, maintains top-tier customer satisfaction, and demonstrates extensive technical and sales expertise. Empowered by deep domain expertise in retail, manufacturing, consumer packaged goods (CPG), energy, banking, government, healthcare, and oil and gas, BCT is an established provider of IBM solutions across industries. "We are excited to continue to enable business partners like BCT in their acceleration of AI technology for their clients and scaling of their business," said David La Rose, GM, IBM Ecosystem Sell. "Their implementation of IBM's watsonx solutions across a global landscape not only shows their commitment to emerging technologies and innovation, but also their expertise in bringing these opportunities to market." As BCT EXP intensifies its focus on the United States market, it reaffirms its commitment to empowering workforces with AI, driving sustainable innovation, and delivering exceptional experiences to every customer. About Bahwan CyberTek (BCT) The Bahwan CyberTek (BCT) Group is a global provider of digital transformation solutions, specializing in enterprise systems, AI, tech infrastructure, future-fit products, and Internet of Things (IoT). BCT EXP is focused on delivering remarkable digital-phygital experiences. With a proven track record of delivering mission-critical solutions to customers worldwide, the BCT Group empowers organizations to become future-fit in the age of AI and beyond. For more information, visit View source version on Contacts BCT EXP Anjali Rangaswamibctexp@
Business Wire
21-05-2025
- Business
- Business Wire
Bahwan CyberTek (BCT) Expands AI-First Solutions to the U.S. Market with IBM Technology
SANTA CLARA, Calif.--(BUSINESS WIRE)--Bahwan CyberTek (BCT), a global leader in digital transformation and AI-first experience solutions, today announced the expansion of its AI-driven solutions into the United States market. Leveraging IBM technologies like watsonx and Maximo, the expansion will focus on generative AI, automation and data platforms, in addition to cloud, EAM and ESG services. Drawing from over 14 years of experience with IBM, BCT's Digital Group, ' BCT EXP,' will lead the initiative. 'We are excited to bring AI solutions to our customers in the United States, empowering workforces to do more with less,' said Navin Prasad, EVP, Global Head of Experience at BCT. 'As a global leader in AI, IBM's innovation is more valuable than ever. With our expansion in the US, BCT EXP will help customers protect value, drive down costs, and improve the efficacy and governance of their AI initiatives.' By harnessing IBM solutions—including watsonx Orchestrate, watsonx Assistant and more—BCT EXP's US expansion will concentrate on the following key areas: AI assistants and databases Automation platforms and B2B integratio n, including business automation, IT automation and app integration Data fabric and analytics, including governance, integration and business analytics Driving Customer Success Through Innovation BCT's deep commitment to the IBM AI portfolio lies in the value it delivers to customers. Recent customer success stories include a large-scale IBM Maximo implementation for one of the world's largest metros, serving a community of 30 million people and 1 million daily active users. The project streamlined maintenance, procurement, and ERP operations, and created a unified interface for accessing asset information and 3D visualization of the metro infrastructure. It also improved user experience and enabled robust payment tracking, reporting, and data visualization. This successful project is one of many achieved with IBM solutions, as BCT has led the market in the Middle East, India, and the Asia Pacific (APAC) region. Building on its strong foundation, BCT is thrilled to expand its presence in the United States. BCT consistently delivers cutting-edge IBM technology, maintains top-tier customer satisfaction, and demonstrates extensive technical and sales expertise. Empowered by deep domain expertise in retail, manufacturing, consumer packaged goods (CPG), energy, banking, government, healthcare, and oil and gas, BCT is an established provider of IBM solutions across industries. 'We are excited to continue to enable business partners like BCT in their acceleration of AI technology for their clients and scaling of their business,' said David La Rose, GM, IBM Ecosystem Sell. 'Their implementation of IBM's watsonx solutions across a global landscape not only shows their commitment to emerging technologies and innovation, but also their expertise in bringing these opportunities to market.' As BCT EXP intensifies its focus on the United States market, it reaffirms its commitment to empowering workforces with AI, driving sustainable innovation, and delivering exceptional experiences to every customer. About Bahwan CyberTek (BCT) The Bahwan CyberTek (BCT) Group is a global provider of digital transformation solutions, specializing in enterprise systems, AI, tech infrastructure, future-fit products, and Internet of Things (IoT). BCT EXP is focused on delivering remarkable digital-phygital experiences. With a proven track record of delivering mission-critical solutions to customers worldwide, the BCT Group empowers organizations to become future-fit in the age of AI and beyond. For more information, visit
Yahoo
21-05-2025
- Business
- Yahoo
Bahwan CyberTek (BCT) Expands AI-First Solutions to the U.S. Market with IBM Technology
BCT will double down on generative AI, automation and data platforms in the US using IBM technology. Bahwan CyberTek's Digital Group, "BCT EXP," will lead the efforts for BCT. SANTA CLARA, Calif., May 21, 2025--(BUSINESS WIRE)--Bahwan CyberTek (BCT), a global leader in digital transformation and AI-first experience solutions, today announced the expansion of its AI-driven solutions into the United States market. Leveraging IBM technologies like watsonx and Maximo, the expansion will focus on generative AI, automation and data platforms, in addition to cloud, EAM and ESG services. Drawing from over 14 years of experience with IBM, BCT's Digital Group, "BCT EXP," will lead the initiative. "We are excited to bring AI solutions to our customers in the United States, empowering workforces to do more with less," said Navin Prasad, EVP, Global Head of Experience at BCT. "As a global leader in AI, IBM's innovation is more valuable than ever. With our expansion in the US, BCT EXP will help customers protect value, drive down costs, and improve the efficacy and governance of their AI initiatives." By harnessing IBM solutions—including watsonx Orchestrate, watsonx Assistant and more—BCT EXP's US expansion will concentrate on the following key areas: AI assistants and databases Automation platforms and B2B integration, including business automation, IT automation and app integration Data fabric and analytics, including governance, integration and business analytics Driving Customer Success Through Innovation BCT's deep commitment to the IBM AI portfolio lies in the value it delivers to customers. Recent customer success stories include a large-scale IBM Maximo implementation for one of the world's largest metros, serving a community of 30 million people and 1 million daily active users. The project streamlined maintenance, procurement, and ERP operations, and created a unified interface for accessing asset information and 3D visualization of the metro infrastructure. It also improved user experience and enabled robust payment tracking, reporting, and data visualization. This successful project is one of many achieved with IBM solutions, as BCT has led the market in the Middle East, India, and the Asia Pacific (APAC) region. Building on its strong foundation, BCT is thrilled to expand its presence in the United States. BCT consistently delivers cutting-edge IBM technology, maintains top-tier customer satisfaction, and demonstrates extensive technical and sales expertise. Empowered by deep domain expertise in retail, manufacturing, consumer packaged goods (CPG), energy, banking, government, healthcare, and oil and gas, BCT is an established provider of IBM solutions across industries. "We are excited to continue to enable business partners like BCT in their acceleration of AI technology for their clients and scaling of their business," said David La Rose, GM, IBM Ecosystem Sell. "Their implementation of IBM's watsonx solutions across a global landscape not only shows their commitment to emerging technologies and innovation, but also their expertise in bringing these opportunities to market." As BCT EXP intensifies its focus on the United States market, it reaffirms its commitment to empowering workforces with AI, driving sustainable innovation, and delivering exceptional experiences to every customer. About Bahwan CyberTek (BCT) The Bahwan CyberTek (BCT) Group is a global provider of digital transformation solutions, specializing in enterprise systems, AI, tech infrastructure, future-fit products, and Internet of Things (IoT). BCT EXP is focused on delivering remarkable digital-phygital experiences. With a proven track record of delivering mission-critical solutions to customers worldwide, the BCT Group empowers organizations to become future-fit in the age of AI and beyond. For more information, visit View source version on Contacts BCT EXP Anjali Rangaswamibctexp@
