(IANS) Tech giants IBM and AMD on Thursday said they have entered into a multi-year joint development agreement to enhance and extend the security and Artificial Intelligence (AI) offerings of both companies.
The partnership will build upon open-source software, open standards, and open system architectures to drive Confidential Computing in hybrid cloud environments and support a broad range of accelerators across high-performance computing (HPC), and enterprise critical capabilities such as virtualisation and encryption.
Confidential Computing is a technology, enabled by hardware, that allows the data associated with a running virtual machine (VM) to be encrypted, including while workloads are running.
This capability helps prevent would-be attackers and bad actors from accessing confidential information, even in the event of a break-in.
Confidential Computing for hybrid cloud unlocks new potential for enterprise adoption of hybrid cloud computing, especially in regulated industries such as finance, healthcare and insurance.
“The commitment of AMD to technological innovation aligns with our mission to develop and accelerate the adoption of the hybrid cloud to help connect, secure and power our digital world,” Dario Gil, Director of IBM Research, said in a statement.
“IBM is focused on giving our clients choice, agility and security in our hybrid cloud offerings through advanced research, development and scaling of new technologies.”
For many companies, securing highly sensitive data still remains a challenge: cybersecurity is currently the top barrier for adoption as well as the top criteria for selection of cloud providers, according to data from IBM’s Institute for Business value.
According to Gartner, Confidential Computing potentially removes the remaining barrier to hybrid cloud adoption for highly regulated businesses or any organisation concerned about unauthorised third-party access to data in use in the public cloud.
“This agreement between AMD and IBM aligns well with our long-standing commitment to collaborating with leaders in the industry,” said Mark Papermaster, Executive Vice President and CTO, AMD.
“AMD is excited to extend our work with IBM on AI, accelerating data centre workloads, and improving security across the cloud,” Papermaster added.