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MarketScreener Homepage  >  Equities  >  Nyse  >  International Business Machines Corporation    IBM

INTERNATIONAL BUSINESS MACHINES CORPORAT

(IBM)
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International Business Machines : IBM looking for more opportunities for transforming business models in Azerbaijan

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08/16/2019 | 01:15am EDT

By Trend

IBM Corporation of the US is looking forward for more opportunities for transforming business models in Azerbaijan, Bahadur Ibrahimov, Managing Partner, IBM Caspian, toldTrend.

He noted that IBM is actively participating in the digital transformation agenda in Azerbaijan in such areas as government services, financial sector and oil and gas.

"Based on our capabilities and expertise in Azerbaijan as well as our international experience, we are looking forward to more opportunities for transforming business models and the customer experience in services and the industrial sector, using AI, cloud, blockchain and other innovative technologies and solutions from IBM," added Ibrahimov.

Azerbaijan's state oil company SOCAR and IBM established Caspian Innovation Center LLC joint venture in 2018.

The joint venture was created for the purpose of building and operating a competitive analytics and delivery center to provide IT, business transformation and business consulting services in Azerbaijan, the Caspian Region and other countries.

© Pakistan Press International, source Asianet-Pakistan

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Financials (USD)
Sales 2019 77 842 M
EBIT 2019 12 591 M
Net income 2019 10 433 M
Debt 2019 39 695 M
Yield 2019 4,79%
P/E ratio 2019 11,6x
P/E ratio 2020 10,8x
EV / Sales2019 2,03x
EV / Sales2020 1,87x
Capitalization 118 B
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Technical analysis trends INTERNATIONAL BUSINESS MAC
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 23
Average target price 155,47  $
Last Close Price 133,76  $
Spread / Highest target 30,8%
Spread / Average Target 16,2%
Spread / Lowest Target -10,3%
EPS Revisions
Managers
NameTitle
Virginia M. Rometty Chairman, President & Chief Executive Officer
James J. Kavanaugh Chief Financial Officer & Senior Vice President
John E. Kelly Senior VP-Cognitive Solutions & Research
Martin Jetter SVP-Global Technology Services
Sidney Taurel Independent Director
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