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INTERNATIONAL BUSINESS MACHINES CORPORATION

(IBM)
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Bangalore International Airport Limited Partners with IBM for Digital and IT Transformation

07/21/2021 | 12:03am EDT

IBM and Bangalore International Airport Limited operator of Kempegowda International Airport Bengaluru announced a ten-year agreement under which IBM and Kyndryl will provide best of breed IT solutions to create a new "Airport in a Box" platform that will support transforming the end-to-end travel experience for passengers at BLR Airport. As one of the fastest-growing airports in the world, BLR Airport needed a nimble, scalable and cost-competitive technology and operations environment that can increase its agility and operational flexibility to handle future growth in passenger traffic. To achieve this goal, BIAL has selected IBM Global Business Services, IBM hybrid cloud capabilities and Kyndryl, the new, independent company that will be created following the separation of IBM's Managed Infrastructure Services business, to design and implement a next generation architecture with robust and dynamic delivery model. One that is highly efficient, secure, and will enable a seamless travel experience for its passengers. The new platform will also enable BIAL to improve employee productivity, better utilization of IT assets, reduce costs through streamlined inventory control and improved incident management. The platform IBM is developing to support BIAL's business growth will be enabled by a comprehensive set of IBM technology and services, enabled by an open hybrid cloud approach from IBM and supported Red Hat Ansible Automation. The platform also will generate AI-powered insights from IBM Maximo enterprise asset management technology to optimize inventory management and total cost of ownership.


© S&P Capital IQ 2021
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Analyst Recommendations on INTERNATIONAL BUSINESS MACHINES CORPORATION
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Financials (USD)
Sales 2021 75 218 M - -
Net income 2021 6 926 M - -
Net Debt 2021 46 531 M - -
P/E ratio 2021 17,5x
Yield 2021 4,65%
Capitalization 121 B 121 B -
EV / Sales 2021 2,23x
EV / Sales 2022 2,16x
Nbr of Employees 345 900
Free-Float 39,8%
Chart INTERNATIONAL BUSINESS MACHINES CORPORATION
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International Business Machines Corporation Technical Analysis Chart | IBM | US4592001014 | MarketScreener
Technical analysis trends INTERNATIONAL BUSINESS MACHINES CORPORATION
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TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Last Close Price 135,23 $
Average target price 149,14 $
Spread / Average Target 10,3%
EPS Revisions
Managers and Directors
Arvind Krishna Chairman & Chief Executive Officer
James J. Kavanaugh Chief Financial Officer & Senior VP-Operations
Juan Antonio Zufiria Senior VP-Global Technology Services
Kathryn W. Guarini Chief Information Officer
Michael L. Eskew Lead Independent Director
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