New Clients and Software Vendors Drive IBM Cloud Momentum

This year has seen a rapid acceleration of the adoption of digital technologies by enterprises all over the world, and today IBM is announcing that two more global companies are using IBM’s hybrid cloud technologies.

In addition, more than 15 new partners have joined the IBM Cloud for Financial Services Ecosystem, and intend to onboard their solutions to the only cloud platform designed to help address the requirements of financial services institutions for regulatory compliance, security and resiliency.

New Hybrid Cloud Clients

Santa Casa da Misericórdia de Lisboa, (SCML), a Portuguese nonprofit delivering healthcare services to the local community, is using the IBM Cloud to manage telehealth visits, the need for which have increased dramatically in the wake of the COVID-19 pandemic. Working with IBM Garage and IBM Services, SCML developed a platform on IBM Cloud that allows patients to access teleconsultation services directly from their mobile phones, reducing the need to visit doctors’ offices and risk virus exposure. 

And KAZ Minerals, a copper mining company based in Kazakhstan, is using IBM Cloud to build a disaster recovery site to maintain continuity in the event of unforeseen calamities. By adopting the public cloud, KAZ can become more scalable, secure and resilient, and avoid the expenses associated with setting up its own on-premises IT system.

KAZ and SCML join industry partners Daimler, BNP Paribas, MUFG, Coca Cola European Partners, and Schlumberger in adopting IBM Cloud to accelerate their digital transformations.

Financial Services Cloud Ecosystem Expands

We’re also announcing that more than a dozen new independent software vendors (ISV) have joined IBM Cloud for Financial Services – the hybrid cloud ecosystem for financial services companies that launched in 2019 with Bank of America and BNP Paribas.

Since its debut last year, more than 50 ISVs SaaS providers have joined the financial cloud ecosystem to develop digital services for banks. Those that joined since this past summer include Avaya, BULPROS, CREALOGIX, IZICAP, Movius, pdv Financial Software, Silverlake Logistics and Infrastructure Sdn Bhd, SureStep, Triple Point Liquidity, Trūata, Turbonomic, vArmour and WorkFusion.

Similar to the benefits of the network effect, where the usefulness of a service increases as the number of participants grows, every vendor that joins the IBM Cloud for Financial Services ecosystem makes it more valuable for financial services participants – helping them improve their offerings in customer experience, mobile banking, cybersecurity, risk management, and many other areas. Ecosystem growth has helped banks and other financial services companies transform into digital and mobile-first enterprises – a process that already was underway in response to customer demands, but which has accelerated during the pandemic.

With today’s announcement, IBM continues to intensify our focus on hybrid cloud and AI as the future of digital transformation for financial services and other industries that are critical to the infrastructure of the global economy.