Business Economy


New IBM platforms lets businesses, govts control AI workloads locally

Bengaluru, Jan 19 (UNI) IBM has launched a new software called IBM Sovereign Core, designed to help businesses, governments, and service providers manage AI workloads securely while keeping full control over their technology.
The software addresses the growing need for digital sovereignty, which means not only controlling where data is stored but also who manages the technology, how it is accessed, and where AI models operate.
With stricter regulations and increasing use of AI, organizations want environments where they can maintain complete operational authority.
Built on Red Hat’s open-source platform, IBM Sovereign Core allows organizations to operate and control software independently within their jurisdiction, keep authentication and encryption keys local, ensure continuous compliance through automated audit trails, and deploy AI models under local governance.
The software also makes it possible to set up scalable and flexible environments quickly, with a choice of hardware and infrastructure.
Sandip Patel, Managing Director of IBM India & South Asia, said the software helps businesses innovate with AI while staying compliant and retaining control over sensitive data. Experts have noted that the solution addresses the bigger question of who controls the system and can prove it to regulators, not just data residency.
IBM Sovereign Core can be deployed on-premises, in regional clouds, or through IT service providers. IBM has partnered with Cegeka in Belgium and the Netherlands and Computacenter in Germany to provide locally managed solutions for enterprises.
The tech preview of IBM Sovereign Core will begin in February 2026, with full availability planned for mid-year. The software is expected to help organizations adopt AI confidently without compromising sovereignty requirements.
IBM will host a virtual Tech Summit on January 27, and interested organizations can join the tech preview waitlist online.
UNI BDN BM
More News

Market valuation of five of top-10 most valued firms spikes by Rs 1 54 lakh crore

19 Jul 2026 | 12:09 PM

New Delhi, Jul 19 (UNI) In a week, the market valuation of five of the top-10 most valued firms jumped Rs 1.54 trillion. IT major TCS emerged as the biggest winner, in line with a positive trend in equities. TCS added Rs 72,072.3 crore, taking its market valuation to Rs 8,20,672.70 crore.

see more..

AP: India's largest fashion destination, 'TRENDS' opens store

18 Jul 2026 | 8:14 PM

Guntur, July 18 (UNI) India's largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, launched its 7th new Store in Amaravati Road at Guntur in Andhra Pradesh.

see more..

Revanth Reddy announces land for FICCI, reaffirms push for women-led entrepreneurship

18 Jul 2026 | 6:58 PM

Hyderabad, July 18 (UNI) Telangana Chief Minister A Revanth Reddy on Saturday reiterated his government's commitment to women-led development, announcing the allocation of 1,000 square yards of land near Shilparamam in Hitech City for the Federation of Indian Chambers of Commerce and Industry (FICCI) to establish its headquarters and one acre in Bharat Future City to make the organisation a partner in the State's flagship development project.

see more..

Kotak dismisses margin pressure concerns after 26 pc Q1 profit jump

18 Jul 2026 | 5:43 PM

Mumbai, July 18 (UNI) Kotak Mahindra Bank on Saturday sought to allay investor concerns over the quality of its June-quarter earnings after reporting a 26 per cent rise in standalone net profit to ₹4,123 crore, saying its net interest margins (NIM) had stabilised following the Reserve Bank of India's repo rate cycle and that earnings were driven by underlying operating strength rather than merely lower provisioning.

see more..

Kotak Mahindra Bank Q1 profit rises 26 pc as NPAs fall

18 Jul 2026 | 4:17 PM

Mumbai, July 18 (UNI) Kotak Mahindra Bank reported a strong start to the financial year with a 26 per cent jump in standalone net profit to ₹4,123 crore in the first quarter of FY27, supported by robust credit growth, higher deposits and a sharp improvement in asset quality.

see more..