logo

IBM Launches New Services to Help Oracle Clients Extend Generative AI

ARMONK, N.Y., Sept. 10, 2024 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced it has expanded its consulting services and solutions to help clients derive greater value from Oracle's cloud applications and technology and extend generative AI with an open, orchestrated approach.

IBM Corporation logo.
IBM Corporation logo.

The average cost of compute spend is expected to increase by 89% between 2023 and 2025, according to new research from the IBM Institute for Business Value. In addition, 42% of executives report concern that inadequate expertise could preclude progress with generative AI.

To help clients address these growing challenges, IBM Consulting is launching an expanded network of consultants to support Oracle clients, including thousands of consultants worldwide who are certified across core Oracle technologies – such as OCI Generative AI, OCI AI Services, and OCI Data Science – as well as deeply skilled in the IBM watsonx AI and data platform.

The consultants will be committed to helping clients extend high value generative AI use cases coupled with traditional AI and automation solutions, aimed to maximize their return-on-investment and optimize compute and implementation costs. That includes helping clients choose and deploy the right fit-for-purpose AI models for their unique requirements, including enterprise-grade models such as IBM Granite, open source or other third-party models. With their deep skills in IBM watsonx and technologies from IBM's open ecosystem of business partners, IBM consultants can help guide clients' critical decisions around technology architecture, generative AI and software licensing, data and analytics architecture, security risks and more to enhance automation of their workflows and help establish a stronger and more cost-efficient technology foundation for developing and deploying generative AI applications.

In addition, IBM just announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications, further expanding IBM's Oracle consulting expertise.

"Our clients are eager to extend generative AI initiatives but they're also concerned about rising compute costs, lack of in-house AI skills, AI assistant sprawl, and management oversight," said Corinne Koppel, Global Oracle Practice Leader, IBM Consulting. "We're proud to bring clients even more skills and solutions to help them optimize their investments with Oracle's full stack generative AI technology leveraging an open architecture."


Helping Extend Oracle Fusion Applications

IBM Consulting is already helping Oracle clients apply generative AI, traditional AI and automation in domain and industry-specific solutions to complement Oracle Fusion Applications' embedded AI offerings. For example, IBM Consulting has helped Oracle Fusion Applications customers expand use cases in human resources, procurement and sourcing, finance and the public sector.


Accelerating clients' time to value with IBM Consulting Advantage

IBM consultants supporting Oracle clients bring the power of the AI-powered engagement platform, IBM Consulting Advantage, to help accelerate clients' time-to-value and improve consistency, repeatability, quality and speed-of-delivery.

For example, IBM Consulting has expanded its OCI migration and modernization capability with generative AI powered assets in IBM Consulting Advantage to help clients fast-track moving their applications and data to OCI. IBM consultants use an asset-first migration approach to support clients from discovery and design to build, migrate, test and deployment.

IBM and Oracle have a 38-year partnership spanning both technology and services, and continue to find new opportunities for collaboration like Red Hat and Oracle's recent announcement of the availability of Red Hat OpenShift hybrid cloud application platform on OCI. Oracle is also part of the AI Alliance, which IBM co-founded in 2023. The AI Alliance brings together leading organizations across industry, startups, academia, research and government to support open innovation and open science in AI.

With deep industry expertise spanning strategy, experience design, technology, and operations, IBM Consulting is the catalyst for business transformation and the trusted partner to over 3,000 of the world's most innovative and valuable companies. Our 160,000 consultants embrace an open way of working, bringing a diverse set of voices, experiences and technologies like hybrid cloud and AI together to accelerate business transformation. Supported by IBM Garage, our proven collaborative engagement model, we bring speed and scale to innovation with an enduring ecosystem of technology leaders to deliver solutions for some of the world's most complex challenges.

Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.


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 the competitive edge in their industries. More than 4,000 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 transformations 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 is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.

Visit www.ibm.com for more information.

CONTACT:
Michelle Morrison
morrison@us.ibm.com

 

Reviewed byTony
Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

Recommended Articles

GBP edges over 1.33 after BoE decision – Scotiabank

The BoE left policy on hold, as expected at today’s policy decision. The Pound Sterling (GBP) is slightly firmer on the hold, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
FXStreet12 hours ago

Pound Sterling exhibits strength as traders brace for BoE interest-rate decision

The Pound Sterling (GBP) recovers intraday losses in the aftermath of the Federal Reserve’s (Fed) policy announcement, rising above 1.3200 against the US Dollar (USD) in Thursday’s London session.
FXStreet14 hours ago

Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange – Details

According to the Financial Times, the Swiss stock exchange SIX, the third largest in Europe, is exploring the possibility of launching a new Bitcoin and crypto exchange in the country, aiming to position itself to compete with exchanges like Binance, OKX and Coinbase. 
NewsBTC14 hours ago

Forex Today: BoE is up next as markets digest Fed policy decisions

Following the wild fluctuations seen in financial markets in the American session on Wednesday, volatility remains high early Thursday. The Bank of England (BoE) will announce monetary policy decisions during the European trading hours.
FXStreet14 hours ago

BlackRock: Why Bitcoin Matters More Than Ever In Today’s Financial Landscape

As BlackRock expands its presence in the cryptocurrency space with the launch of Bitcoin and Ethereum exchange-traded funds (ETFs), the asset manager has released a comprehensive Bitcoin paper that outlines BTC’s importance and its broader impact on the financial landscape.
Bitcoinist15 hours ago