On Friday, Shares of International Business Machines Corp (NYSE:IBM), gained 0.09% to $152.42. The stock attained the volume of 3,531,107 shares.
The year-to-date (YTD) performance reflected a -4.79% below last year. During the past month the stock gains 3.41%, bringing three-month performance to -8.72% and six-month performance to -6.43%. The stock holds the market capitalization of 149.27B.
IBM (NYSE: IBM) declared an expansion of its developer skills training program that will reach a record number of students worldwide this year with the Master the Mainframe programming contest. In addition, for the first time, the company and academic partners will provide aspiring developers access to the world’s fastest Linux system via the cloud at no cost.
Open to secondary and university level schools around the globe, the Master the Mainframe contest will take place this year in a record 47 countries, counting 18 new markets. The contest, being held in most countries October through December, asks students to complete a series of challenges from gaining a basic understanding of an enterprise operating system to coding a program that addresses a real-world IT problem. More than 13,000 students are predictable to compete this year with regional winners advancing to the 2016 World Championship.
IBM is also working with Marist College, Syracuse University’s School of Information Studies and Leipzig University in Germany to launch the LinuxONE Developer Cloud this fall. The new program will provide developers around the world access at no charge through the cloud to a LinuxONE system that can be used for creating and testing applications. The developer cloud will be hosted on IBM LinuxONE systems at the academic partners. The Marist LinuxONE Developer Cloud will go live in late October with Syracuse and Leipzig to follow.
“Global institutions of all kinds rely on mainframes to process, manage and store ever-increasing amounts of data, creating a rising demand for professionals with the skills to support these systems,” said Bryan Smith, CTO at Rocket Software, an IBM Business Partner that recently assisted develop mainframe-focused programs at Framingham State University and Wentworth Institute of Technology. “By supporting the Academic Initiative, we can assist ensure that students have the opportunity to acquire the skills necessary to qualify for these employment opportunities.”
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.