HashiCorp's capabilities drive significant synergies across multiple strategic growth areas for IBM, including Red Hat, watsonx, data security, IT automation and Consulting.
Today nearly 75% of enterprises are using hybrid cloud1, including public clouds from hyperscalers and on-prem data centers, which can enable true innovation with a consistent approach to delivering and managing that infrastructure at scale. Enterprises are looking for ways to more efficiently manage and modernize cloud infrastructure and security tasks from initial planning and design, to ongoing maintenance. By 2028, it is projected that generative AI will lead to the creation of 1 billion new cloud-native applications.2 Supporting this scale requires infrastructure automation far beyond the capacity of the workforce alone.
"Organizations globally are looking to deploy modern, hybrid cloud-ready apps, which require automated cloud infrastructure at significant scale," said Rob Thomas, Senior Vice President, IBM Software and Chief Commercial Officer. "With this acquisition, IBM is committed to continuing to invest in and grow the HashiCorp capabilities, and together, with HashiCorp's leading technology and extensive developer community, IBM's global reach and R&D resources, our aim is to infuse HashiCorp technology in every data center."
"HashiCorp has been helping the world's largest enterprises succeed in hybrid and multi-cloud environments for over a decade. We've seen the cloud grow from its origins, and have participated first-hand in the change it has brought to the industry," said Dave McJannet, CEO, HashiCorp. "With IBM's history, global scale, and customer relationships, HashiCorp can now expand our reach to help our community of customers, practitioners, and partners automate, secure, and optimize their cloud infrastructure, providing an end-to-end platform for hybrid environments."
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