Why Is IBM (IBM) Gaining Ground In Global Hybrid Cloud Banking?

Simply Wall St.08-28 19:26

International Business Machines (NYSE:IBM) is supporting SACOMBANK's core banking modernization using Temenos software on IBM Power and Red Hat OpenShift infrastructure. The project positions IBM in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2662493093?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/112350-main-header/1756253714243","is_english":true,"pubTime":"2026-08-28 19:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2662493093","market":"sg","top_or_hot":-1,"title":"Why Is IBM (IBM) Gaining Ground In Global Hybrid Cloud Banking?","media":"Simply Wall St.","content":"<div>\n<p>International Business Machines (NYSE:IBM) is supporting SACOMBANK's core banking modernization using Temenos software on IBM Power and Red Hat OpenShift infrastructure. The project positions IBM in ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/software/nyse-ibm/international-business-machines/news/why-is-ibm-ibm-gaining-ground-in-global-hybrid-cloud-banking\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is IBM (IBM) Gaining Ground In Global Hybrid Cloud Banking?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is IBM (IBM) Gaining Ground In Global Hybrid Cloud Banking?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-28 19:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/software/nyse-ibm/international-business-machines/news/why-is-ibm-ibm-gaining-ground-in-global-hybrid-cloud-banking><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>International Business Machines (NYSE:IBM) is supporting SACOMBANK's core banking modernization using Temenos software on IBM Power and Red Hat OpenShift infrastructure. The project positions IBM in ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/software/nyse-ibm/international-business-machines/news/why-is-ibm-ibm-gaining-ground-in-global-hybrid-cloud-banking\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TDIV","symbol_name":"第一信托纳斯达克科技股利指数基金","start_time":0,"source_url":"https://simplywall.st/stocks/us/software/nyse-ibm/international-business-machines/news/why-is-ibm-ibm-gaining-ground-in-global-hybrid-cloud-banking","article_id":"2662493093","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/112350-main-header/1756253714243"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/software/nyse-ibm/international-business-machines/news/why-is-ibm-ibm-gaining-ground-in-global-hybrid-cloud-banking","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2662493093","pubTimestamp":1787916415,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"International Business Machines (NYSE:IBM) is supporting SACOMBANK's core banking modernization using Temenos software on IBM Power and Red Hat OpenShift infrastructure.\nThe project positions IBM in SACOMBANK's hybrid cloud architecture for mission critical banking workloads in a regulated market.\nThe deployment highlights client adoption of IBM's hybrid cloud and AI stack in global financial services beyond the United States.\n\nFor readers tracking how large institutions are building out the...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"TDIV":"第一信托纳斯达克科技股利指数基金","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","BK4543":"AI","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","QTOC":"Innovator Growth Accelerated Plus ETF - October","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4602":"量子计算概念","BK4575":"芯片概念","IBM":"IBM","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","AIPO":"Defiance AI and Power Infrastructure ETF","VGT":"信息技术ETF-Vanguard","SKYY":"First Trust Cloud Computing ETF","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","BK4612":"AI芯片","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","BK4538":"云计算","IBX":"Tradr 2x Long Ibm Daily Etf","AGIX":"通用人工智能 ETF-AGIX","BK4579":"人工智能","BK4588":"碎股","WQTM":"WisdomTree Quantum Computing Fund","VTHR":"Vanguard Russell 3000 ETF","ARTY":"ISHARES FUTURE AI & TECH ETF","BK4134":"信息科技咨询与其它服务"},"translate_title":"为什么IBM(IBM)在全球混合云银行领域取得进展？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QTOC":0.87,"AIPO":0.9,"VGT":0.9,"IBM":1.5,"IBX":0.6,"CHAT":0.87,"SIBM0main":0.6,"ARTY":0.87,"SKYY":0.6,"TDIV":0.6,"VTHR":0.87,"AGIX":0.87,"WQTM":0.6},"content_text":"International Business Machines (NYSE:IBM) is supporting SACOMBANK's core banking modernization using Temenos software on IBM Power and Red Hat OpenShift infrastructure. The project positions IBM in SACOMBANK's hybrid cloud architecture for mission critical banking workloads in a regulated market. The deployment highlights client adoption of IBM's hybrid cloud and AI stack in global financial services beyond the United States.  For readers tracking how large institutions are building out the compute and cloud layers behind AI heavy workloads, the next place to look is 55 AI infrastructure stocks. NYSE:IBM Earnings & Revenue Growth as at Aug 2026 International Business Machines is a US based IT company with a reported market value of about $216.6b, supplying integrated hardware, software and services across regions that include the Asia Pacific where SACOMBANK operates. For readers, this deal sits within IBM's broader role in large scale enterprise and financial infrastructure projects. 4 things going right for International Business Machines that this headline doesn't cover. AdvertisementWhat SACOMBANK’s hybrid cloud move signals for the IBM Narrative For International Business Machines, the SACOMBANK deployment reinforces the Narrative catalyst around hybrid cloud and AI driven infrastructure. It shows IBM Power and Red Hat OpenShift being used together for regulated, mission critical banking workloads outside the US, which lines up with the focus on Red Hat, containerization and mainframe linked IT modernization. The bull case that IBM can turn long standing infrastructure relationships into higher value software and services looks supported. The bear side, centered on pressure in legacy software and infrastructure, is not resolved but this type of win suggests clients are still committing to IBM for core systems rather than shifting entirely to other platforms. If we take a look at the community Narrative for International Business Machines, we can see how this news fits into the bigger investment story. The practical test for this read is whether IBM can point to a growing list of similar hybrid cloud banking and payments workloads on Power and OpenShift in upcoming results and client updates, especially in other regulated markets. Evidence of repeat deployments using the same stack would back the bull case that hybrid cloud and AI infrastructure are gaining traction across IBM’s client base. A lack of follow on wins of this type would strengthen concerns that individual deals are not yet moving the needle against the risks flagged in software and infrastructure. For the full picture including more risks and rewards, check out the complete International Business Machines analysis.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n        and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n        financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n        Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n        Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.48.0","shortVersion":"4.48.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2662493093","isCrawlerRequest":true}