Press Releases
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AI Plays Crucial Role in Reducing Impact of Cyber Breaches for Canadian OrganizationsCanadian organizations pay an average cost of CA$6.32 million per data breach. Financial sector pays $9.28 million on average per breach, the technology sector is paying $7.84 million on average,...
Jul 30, 2024
Report reveals the impact of technology in sports fan engagement, plus new opportunities for technology integrations like AIMARKHAM, ON, June 26, 2024 – As sports fans worldwide tune in to a myriad of athletic events this summer, new research commissioned by IBM (NYSE: IBM) reveals a growing generational shift and...
Jun 28, 2024
• ‘Catch Me Up’ feature - built and trained using IBM’s Granite LLM, through the watsonx platform - helps fans stay up to date on players across all ladies’ and gentlemen’s singles matchesToronto, Ontario, 17 June 2024 – IBM (NYSE: IBM) and The All England Lawn Tennis Club today announced a new feature for the Wimbledon digital experience that will leverage match data with...
Jun 17, 2024
• More than half of Canadian CEOs say they are hiring for positions that did not exist last year due to generative AI, but struggle to fill key technology roles.Markham, ON, May 29, 2024 – A study by the IBM (NYSE: IBM) Institute for Business Value found that AI is fueling new job creation and risk-taking among surveyed Canadian CEOs as they prioritize...
May 29, 2024
- IBM to expand the Technology Expert Labs team to help tackle the AI skills gap and data complexity that organizations across sectors face todayIBM (NYSE: IBM) today announced the expansion of IBM Technology Expert Labs in Markham, Ontario, Canada to support Canadian and global organizations as they continue to adopt and integrate...
Apr 30, 2024
Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada's Bromont plantIBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada's semiconductor industry, and further develop the assembly, testing...
Apr 26, 2024
- IBM's new Cloud Multizone Region (MZR) will help Canadian enterprises leverage generative AI and address data sovereignty requirementsIBM's new Cloud Multizone Region (MZR) will help Canadian enterprises leverage generative AI and address data sovereignty requirements The IBM Cloud MZR will be designed to meet the needs of even...
Apr 8, 2024
• Only 31% surveyed agree they have significantly progressed their sustainability strategyTORONTO, Canada, February 29, 2024 – A new global study by the IBM (NYSE: IBM) Institute for Business Value found that while a majority of organizations recognize sustainability as important to...
Feb 29, 2024
• 37% of IT professionals in large companies in Canada report having actively deployed AI in their businessToronto, ON, January 10, 2024: New market research commissioned by IBM (NYSE: IBM) reports Canadian companies are increasingly adopting and deploying artificial intelligence (AI), with about 37%...
Jan 10, 2024
• IBM SkillsBuild launches roadmap of sustainability courses to benefit learners across communities underrepresented in technology and address market need for green and technology skills in Canada.Toronto, Ontario, November 16, 2023 – As vulnerable communities in Canada continue to suffer outsized effects of climate change, IBM is empowering innovators with cutting-edge technologies and...
Nov 16, 2023