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IBM Enhances Data Security Across Multi-Cloud Environments
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International Business Machines Corporation (IBM - Free Report) has unveiled an expanded version of the IBM Cloud Security and Compliance Center, a comprehensive suite of modernized cloud security and compliance solutions. These solutions are specifically designed to assist enterprises in mitigating risk and safeguarding their data across hybrid, multi-cloud environments and workloads.
With the increasing complexity of global regulations and emerging threats, organizations are seeking effective ways to ensure their resiliency, performance, security and compliance while minimizing operational costs. IBM's latest offering aims to address these concerns head-on.
IBM's commitment to helping highly regulated industries like financial services innovate while safeguarding sensitive data is commendable. The IBM Cloud Framework for financial services is a powerful tool for navigating evolving cloud risk regulations.
Recent research from IBM reveals that over 77% of global business leaders have adopted a hybrid cloud approach. However, more than half of them express concerns about security and the complexity of maintaining compliance in the cloud. IBM's expanded Cloud Security and Compliance Center seeks to alleviate these concerns by providing a centralized dashboard for continuous monitoring and management of security and compliance across hybrid and public cloud environments.
This newly introduced solution, developed in collaboration with Baffle, Inc., adds an extra layer of data encryption, utilizing format-preserving encryption and anonymization technology. It safeguards sensitive data used in business applications and AI workloads, ensuring data remains secure as it enters the cloud and flows through the analytics pipeline.
IBM's expanded Cloud Security and Compliance Center suite also includes features like enhanced cloud security posture management, workload protection, infrastructure entitlement management and intelligent automation technology, all tailored to protect hybrid, multi-cloud environments and workloads. Additionally, it offers visibility into third- and fourth-party risk postures and expanded compliance capabilities.
Such innovative solutions position the company as a key player in the evolving landscape of cloud security. By providing a comprehensive suite of solutions and partnering with industry leaders, IBM stands to gain a strong foothold in helping organizations address their security and compliance needs, while supporting their journey toward hybrid cloud modernization.
IBM expects its growth to be driven primarily by analytics, cloud computing and security services. A better business mix, improving operating leverage through productivity gains and increased investments in growth opportunities will likely drive its profitability. IBM is poised to benefit from strong demand for hybrid cloud and AI, driving growth in Software and Consulting.
The stock has gained 15.9% over the past year compared with the industry’s growth of 11.3%. We are impressed with the inherent growth potential of this Zacks Rank #3 (Hold) stock.
T-Mobile US, Inc. (TMUS - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 8.8% in the last reported quarter. It has a VGM Score of B.
Headquartered in Bellevue, WA, T-Mobile is a national wireless service provider. The company offers services under the T-Mobile, Metro by T-Mobile and Sprint brands. T-Mobile, through its subsidiaries, provides wireless services for branded postpaid and prepaid, and wholesale customers.
Arista Networks, Inc. (ANET - Free Report) , carrying a Zacks Rank #2, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 18.7% and delivered an earnings surprise of 12.8%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200- and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
AudioCodes Ltd. (AUDC - Free Report) is a Zacks Rank #2 stock. It has a long-term earnings growth expectation of 4.3% and delivered an earnings surprise of 2.2%, on average, in the trailing four quarters.
Headquartered in Lod, Israel, AudioCodes offers advanced communications software, products, and productivity solutions for the digital workplace. It provides a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.
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IBM Enhances Data Security Across Multi-Cloud Environments
International Business Machines Corporation (IBM - Free Report) has unveiled an expanded version of the IBM Cloud Security and Compliance Center, a comprehensive suite of modernized cloud security and compliance solutions. These solutions are specifically designed to assist enterprises in mitigating risk and safeguarding their data across hybrid, multi-cloud environments and workloads.
With the increasing complexity of global regulations and emerging threats, organizations are seeking effective ways to ensure their resiliency, performance, security and compliance while minimizing operational costs. IBM's latest offering aims to address these concerns head-on.
IBM's commitment to helping highly regulated industries like financial services innovate while safeguarding sensitive data is commendable. The IBM Cloud Framework for financial services is a powerful tool for navigating evolving cloud risk regulations.
Recent research from IBM reveals that over 77% of global business leaders have adopted a hybrid cloud approach. However, more than half of them express concerns about security and the complexity of maintaining compliance in the cloud. IBM's expanded Cloud Security and Compliance Center seeks to alleviate these concerns by providing a centralized dashboard for continuous monitoring and management of security and compliance across hybrid and public cloud environments.
This newly introduced solution, developed in collaboration with Baffle, Inc., adds an extra layer of data encryption, utilizing format-preserving encryption and anonymization technology. It safeguards sensitive data used in business applications and AI workloads, ensuring data remains secure as it enters the cloud and flows through the analytics pipeline.
IBM's expanded Cloud Security and Compliance Center suite also includes features like enhanced cloud security posture management, workload protection, infrastructure entitlement management and intelligent automation technology, all tailored to protect hybrid, multi-cloud environments and workloads. Additionally, it offers visibility into third- and fourth-party risk postures and expanded compliance capabilities.
Such innovative solutions position the company as a key player in the evolving landscape of cloud security. By providing a comprehensive suite of solutions and partnering with industry leaders, IBM stands to gain a strong foothold in helping organizations address their security and compliance needs, while supporting their journey toward hybrid cloud modernization.
IBM expects its growth to be driven primarily by analytics, cloud computing and security services. A better business mix, improving operating leverage through productivity gains and increased investments in growth opportunities will likely drive its profitability. IBM is poised to benefit from strong demand for hybrid cloud and AI, driving growth in Software and Consulting.
The stock has gained 15.9% over the past year compared with the industry’s growth of 11.3%. We are impressed with the inherent growth potential of this Zacks Rank #3 (Hold) stock.
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You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Picks
T-Mobile US, Inc. (TMUS - Free Report) , carrying a Zacks Rank #2 (Buy), delivered an earnings surprise of 8.8% in the last reported quarter. It has a VGM Score of B.
Headquartered in Bellevue, WA, T-Mobile is a national wireless service provider. The company offers services under the T-Mobile, Metro by T-Mobile and Sprint brands. T-Mobile, through its subsidiaries, provides wireless services for branded postpaid and prepaid, and wholesale customers.
Arista Networks, Inc. (ANET - Free Report) , carrying a Zacks Rank #2, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 18.7% and delivered an earnings surprise of 12.8%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200- and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
AudioCodes Ltd. (AUDC - Free Report) is a Zacks Rank #2 stock. It has a long-term earnings growth expectation of 4.3% and delivered an earnings surprise of 2.2%, on average, in the trailing four quarters.
Headquartered in Lod, Israel, AudioCodes offers advanced communications software, products, and productivity solutions for the digital workplace. It provides a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.