IBM’s next generation mainframe will be available in the first half of this year

2022-07-22 0 By

The Register and Tech Radar report that IBM executives have confirmed that The Z16, The next generation mainframe, will ship in The first half of this year.IBM chief Financial Officer James Kavanaugh said on an earnings analyst call this week that the Z16 will be available by the end of the first half of the year, or early in the second half at the latest.He stressed that the newly launched mainframe will inject new growth momentum into Big Blue.IBM reported fourth-quarter revenue this week after spinning off its technology infrastructure service Kyndryl in November.IBM’s revenue rose 6.5% to $16.7 billion from $15.9 billion a year earlier.Annual revenue was $57.35 billion.The console segment was down 4 percent last quarter, and the current Z15 was launched in the second half of 2019. Kavanaugh explained that sales declines are normal after 11 quarters of a sales cycle.But he noted that the launch of the Z16 would help boost IBM’s earnings this year.The Z16, which was announced in August last year, carries a chip codenamed Telum by Samsung.With 22.5 billion transistors and a 7-nanometer process, the chip can effectively support high-computation tasks such as AI inference.IBM plans to use its Z-series platform to attract businesses that create hybrid clouds to drive business transformation and implement applications such as AI and machine learning.The push for a hybrid cloud has been a major goal of CURRENT CEO Arvind Krishna since he took over in early 2020, and IBM has been shedding unrelated businesses in this direction.In addition to its technology infrastructure services spin-off, IBM this week sold Watson Health, its AI healthcare business, to a private equity firm.