target audience: TECH SUPPLIER Publication date: Mar 2024 - Document type: Market Note - Doc Document number: # EUR151938424
IBM Acquires webMethods, StreamSets, and Advanced to Bolster Its Application Modernization Capability
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Abstract
This IDC Market Note analyzes how IBM's acquisitions of webMethods, StreamSets, and the mainframe modernization services of Advanced fit into the company's application modernization services. It also assesses the role of IBM Consulting as a key piece of the puzzle for the company's global strategy. These acquisitions are designed to enhance IBM's cloud integration portfolio, and mainframe modernization capacities, which are essential to IBM's mantra on hybrid cloud and AI.