Amdocs’ Post

Mainframe technology has been the spine of many organizations for decades, but as Scott G. Silk, CEO of Astadia (an Amdocs company), points out in a recent article on Insurance Thought Leadership, the time to modernize is now. Companies are sitting on old, slow systems that hinder their ability to leverage new advancements. Modernizing these mainframes can unlock unprecedented opportunities for #innovation and #efficiency, allowing businesses to capitalize on the latest technologies like generative #AI and big #data. The insurance industry, in particular, is poised for transformation. Learn why mainframe modernization is essential and how it can benefit your organization. See the reasons for modernizing here: https://lnkd.in/d5S-NRAw #mainframemodernization #legacysystem

How is AI and GenAI enhancing your mainframe's resilience and efficiency? Read BMC's Mark Banwell MBE’s latest blog on how automation, predictive maintenance, and advanced analytics can transform mainframe operations for a dynamic business environment. Access the full blog: https://bit.ly/3xIuAIw hashtag#Mainframe hashtag#GenAI hashtag#Resilience

Next generation of support is coming! Join the webinar to understand how TLS + AI can help. #ibmtls

In a competitive business environment, watsonx Orchestrate leverages open APIs to seamlessly integrate with procurement systems, automating purchase requests, budget validations, and approval processes. This AI solution significantly reduces workload, errors, and turnaround time, ultimately boosting productivity in the market. #ibm #automation #watson #ibminstana #technology #work #automation #design #engineering #productivity #quality #data #creative #engineers #applicationobservability #transformation #rpasolutions #instanaimplementation #processautomation #processes #processmining #process #automation #rpa #invoiceextraction #developer #processautomation #responsibleai #ITSM #ITServiceManagement #BusinessAlignment #ServiceQuality #OperationalEfficiency #CustomerSatisfaction #BestPractices #ContinuousImprovement #ITOperations #ServicePerformance #watsonx #watsonorchestrate Jayan Parameswaran Jayesh Kumar Kiran Rajashekhar Siddhesh Naik Shashi Kumar Ankita Baderiya Mehul Patil Anushka Beohar Pradeep John Santhosh Kumar L K Watch more about Watson Orchestrate here: https://lnkd.in/dBAnxhu9

Mainframes are experiencing a resurgence due to integrating AI directly on the hardware. Industries such as banking and insurance benefit from the speed and security that mainframes provide. Despite new sales declining, many enterprises plan to increase mainframe usage, particularly for AI applications. #Mainframes #Ai #Computing https://lnkd.in/gHbkCWAD

In a world where everything is fast-tracked, why should your mainframe migration be slow? I am so impressed and intrigued by Astadia’s fully automated FastTrack Solution. It can cut down your project’s time by 90%! Check out this video for more info > https://lnkd.in/g5wejgRf #AI #automation #mainframemigration #mainframemodernization #mainframetocloud

In a world where everything is fast-tracked, why should your mainframe migration be slow? I am so impressed and intrigued by Astadia’s fully automated FastTrack Solution. It can cut down your project’s time by 90%! Check out this video for more info > https://lnkd.in/g_9HARKB #AI #automation #mainframemigration #mainframemodernization #mainframetocloud

To summarize, all those “experts” predicting the death of the mainframe 20 years ago, and 15 years ago, and 10 years ago, and again 5 years ago, WERE ALL WRONG! “IBM's infrastructure segment, which houses its mainframe business, reported fourth-quarter revenue of $4.6 billion, compared with Visible Alpha estimates of $4.29 billion. Growth in the infrastructure segment was driven by various enhancements to the ongoing mainframe cycle such as embedded AI on chips used in the devices, according to Kavanaugh.” #ibmchampion #mainframeskills #longlivedb2

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Sometimes Matthew Kimball makes my life so easy. But, I'll add some other notable mentions from the the call. 1) Multiple mentions of IBM continued momentum in automation, management, and governance including Apptio, an IBM Company, Concert, Ansible from Red Hat, and even a quick Terraform by HashiCorp shout-out. While Gen AI got many talking points today, don't sleep on this part of the portfolio. 2) Gen AI was all over the talking points and IBM mentioned that it has booked about $2B in Gen AI specific revenues since it began selling Gen AI products and services. 75% of that was in services. This is usually a leading indicator for future product sales at IBM. 3) There were also some nice comments about smaller, purpose-driven AI, Granite models and Instructlab. It's interesting stuff. I wrote this a little while back about that very topic, - https://lnkd.in/eT9m5F5q Financially, it was nice to see better-than-expected results (albeit slight) as tech results have been somewhat mixed as of late. And while I am no expert, cash flow was brought up enough times today with IBM and yesterday with Alphabet that maybe we will see more M&A in 2025 (that's just me speculating).