IBM’s Hybrid Cloud Ambitions Clear with BoxBoat Acquisition as Company Preps for a Post-Kyndryl Spinoff

In this video vignette from a recent episode of the Futurum Tech Webcast, I’m joined by my colleague here at Futurum Steven Dickens for a conversation around IBM’s hybrid cloud ambitions, which are clearly the driver behind IBM’s latest announced acquisition, this time of BoxBoat, and the company’s preparation for a post-Kyndryl spinoff. BoxBoat, while small, is known as an enterprise Kubernetes certified service provider and premier DevOps consultancy. The company has customers in finance, government, ecommerce, online publishing, and higher ed. Once the acquisition is complete, it is expected the business will be slotted into IBM’s Global Business Services’ Hybrid Cloud business. During the course of our conversation, we discussed IBM’s focus on significantly expanding the company’s multi-cloud transformation, management expertise, and hybrid cloud capabilities, as well as the critical (and profitable) role that services plays in all things digital transformation these days. Obviously, no project centered on cloud modernization can succeed without a containerization strategy and a cloud architecture that allows them to operate across both public and private clouds. Steven shared insights on IBM’s pivot to hybrid cloud, the repackaging of IBM software into Cloud Paks, IBM Cloud Satellite, and of course the spinoff of Kyndryl. Of particular interest and focus was the expansion of IBM’s Global Business Services, how this acquisition complements the company’s hybrid cloud strategy — and IBM’s services business — especially in a post-Kyndryl spinoff world.

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Futurum Tech Webcast Leading tech analysts from The Futurum Group share weekly deep dives on the latest tech news, new products and services, mergers, earnings, regulations, and more. The Futurum Tech Webcast will keep you current on what’s happening in the tech space — from startups to industry leaders, emerging tech, and what’s ahead for industries across the globe, along with interviews with tech industry leaders and experts. Subscribe now and stay connected to this exciting journey into the world of technology and the future of work. For more information, visit https://www.futurumgroup.com As a reminder, the Futurum Tech Webcast is intended as an informational webcast/podcast only. While publicly traded companies and equities are frequently discussed, the analysts on this show are not in any way offering financial or investment advice.