INTERNATIONAL BUSINESS MACHINES CORPORATION

(IBM)
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Delayed Nyse  -  05/24 04:00:02 pm EDT
133.80 USD   +2.01%
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Mitsubishi Motors Philippines Corporation Partners IBM for Business Expansion

01/17/2022 | 03:14am EDT

IBM announced that it has implemented a Vehicle Management System on SAP S/4HANA at Mitsubishi Motors Philippines Corporation as part of the automobile manufacturer's digital transformation strategy. The implementation of VMS on SAP S/4HANA by IBM Consulting was preceded by the migration out of the AS/400 platform. The VMS: consisting of financial, logistics and vehicle sales operations; has enabled MMPC to transform processes across the operation and vehicle supply chain. A centralized view of its business operations gives MMPC faster access to critical business data and faster processing, with end-to-end visibility of vehicle data from production to end customer and at the same time, be compliant with regulatory reporting requirements. In addition, the unified financial and management accounting also reduced MMPC's manual finance operations, which results in lower operational cost. MMPC is also taking its first steps in its journey to the cloud with SAP S/4HANA implementation. The modernization of its legacy applications from on-premises to a cloud environment is designed to help the automaker create operational efficiencies by simplifying internal processes. SAP S/4HANA is a complete enterprise resource planning system for organizations to create custom roadmaps in order to lower cost, increase agility and improve business results. It is designed to deliver intelligent workflows that enables continuous process orchestration across applications for better data insights, predictive capabilities and automation that drives business outcomes.


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All news about INTERNATIONAL BUSINESS MACHINES CORPORATION
06:07aIBM Working With Ernst & Young to Develop Cloud Products
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Financials (USD)
Sales 2022 60 949 M - -
Net income 2022 6 518 M - -
Net Debt 2022 37 748 M - -
P/E ratio 2022 18,8x
Yield 2022 4,99%
Capitalization 120 B 120 B -
EV / Sales 2022 2,59x
EV / Sales 2023 2,43x
Nbr of Employees 282 100
Free-Float 39,9%
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 133,80 $
Average target price 144,29 $
Spread / Average Target 7,84%
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Managers and Directors
Arvind Krishna Chairman & Chief Executive Officer
James J. Kavanaugh Chief Financial Officer & Senior VP-Operations
Juan Antonio Zufiria Senior VP-Global Technology Services
Kathryn W. Guarini Chief Information Officer
Andrew N. Liveris Independent Non-Executive Director
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