IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

IT infrastructure provider Kyndryl has pumped up its portfolio of generative AI services by announcing a partnership with Nvidia to simplify genAI deployments for network and application management.

Amazon Web Services and Kyndryl have collaborated on new services aimed at helping enterprises integrate with or move mainframe applications and data to the AWS cloud. Under their expanded partnership ...

WALTHAM, Mass.--(BUSINESS WIRE)--Rocket Software, Inc. (“Rocket Software”) a global technology leader that develops enterprise software for some of the world’s largest companies, today announced it ...

New AI coding tools are accelerating legacy system modernization, raising opportunities and risks for banks, enterprises, and ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

NEW YORK and SUNNYVALE, Calif., March 27, 2025 /PRNewswire/ -- Kyndryl (KD) (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded partnership with Google ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

LONDON & ATLANTA--(BUSINESS WIRE)--The winds of change are redirecting mainframe modernization strategies worldwide, according to Advanced’s Fourth Annual Mainframe Modernization Business Barometer ...

Dating from 1955, SHARE was the first enterprise information technology user group back when mainframes were the only game in town. Today, 68 years later, SHARE is still going strong, as it transforms ...

Amid slower economic growth, Europe’s enterprises favoring smaller modernization projects that demonstrate clear ROI, ISG Provider Lens™ report says The 2025 ISG Provider Lens™ Mainframe – Services ...