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International Business Machines Corporation (IBM) Competitors & Peers

The 5 companies closest to International Business Machines Corporation on the factors that matter — each comparable links to its own dossier. Numbers are code-computed, never estimated.

How we identify peers ↗

TickerRelationshipPriceComparables
8056.TPeer$4,359.00P/E 13.6RSI 41Cap 421.1 B
ACNCompetitor$179.96P/E 14.4RSI 70Cap 110.1 B
INFYPeer$12.66P/E 15.6RSI 61Cap 51.1 B
WITPeer$1.99P/E 15.3RSI 53Cap 19.7 B
FISPeer$43.04P/E 6.6RSI 52Cap 22.2 B

How these relationships were derived

Every relationship below carries its provenance. A confirmed edge is sourced from a public filing or disclosure and links to it; an AI-inferred edge is surfaced by the relationship model and is unverified — shown for color, not as evidence.

Confirmed relationships (cited)

Sourced from a public filing or disclosure — each links to its origin.

  • HCPPartner

    IBM completed its acquisition of HashiCorp on February 27, 2025, for $6.4 billion in cash ($35.00 per share) to expand its hybrid cloud lifecycle management and automation capabilities.

    Confirmed — SEC filing / public disclosuresec.gov
  • HCPMerger

    IBM completed its acquisition of HashiCorp on February 27, 2025, for $6.4 billion in cash ($35.00 per share) to expand its hybrid cloud lifecycle management and automation capabilities.

    Confirmed — SEC filing / public disclosuresec.gov
  • MHHSupplier

    Own 10-K customer-concentration disclosure: Ibm = 13% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov

Model-inferred relationships (unverified)

Suggested by the relationship model, with no public source on file. Treat each as a lead worth checking, not as evidence.

  • RHTPartner

    IBM acquired Red Hat in July 2019 for approximately $34 billion, integrating its open-source enterprise software and hybrid cloud platform (OpenShift) as the core engine of IBM's hybrid cloud business.

    Model-inferred, unverified — treat as a lead, not evidence
  • RHTMerger

    IBM acquired Red Hat in July 2019 for approximately $34 billion, integrating its open-source enterprise software and hybrid cloud platform (OpenShift) as the core engine of IBM's hybrid cloud business.

    Model-inferred, unverified — treat as a lead, not evidence
  • KDPartner

    Kyndryl was spun off from IBM and maintains shared customer services.

    Model-inferred, unverified — treat as a lead, not evidence
  • RHTPartner

    Red Hat is IBM subsidiary (acquired 2019).

    Model-inferred, unverified — treat as a lead, not evidence
  • 005930.KSManufacturer

    Samsung Foundry is IBM's primary semiconductor contract manufacturing partner, fabricating IBM's Power10 (7nm EUV) and Telum/Telum II (7nm/5nm) processors used in IBM's mainframe and high-performance server architectures.

    Model-inferred, unverified — treat as a lead, not evidence
  • MSFTCompetitor

    Microsoft and IBM compete directly in cloud infrastructure services (Azure vs IBM Cloud) and enterprise AI platforms (Azure AI & Copilot vs IBM watsonx).

    Model-inferred, unverified — treat as a lead, not evidence
  • SAPPartner

    IBM and SAP have a strategic consulting and infrastructure partnership where IBM is a premium supplier for 'RISE with SAP' and integrates watsonx AI capabilities into SAP cloud applications.

    Model-inferred, unverified — treat as a lead, not evidence
  • MRAMCustomer

    IBM integrates Everspin's 1Gb spin-transfer torque MRAM into its FlashCore Module (FCM) storage drives to handle write caching and prevent data loss during power failure.

    Model-inferred, unverified — treat as a lead, not evidence
  • AMDPartner

    IBM and AMD partner to deploy AMD Instinct MI300X AI accelerators as a service on IBM Cloud Virtual Servers and Red Hat OpenShift, enhancing choice for enterprise LLM workloads.

    Model-inferred, unverified — treat as a lead, not evidence
  • BOXCustomer

    IBM partners and deploys Box content management solutions internally.

    Model-inferred, unverified — treat as a lead, not evidence
  • ACNCompetitor

    Accenture and IBM Consulting compete directly in global IT consulting, digital transformation, systems integration, and professional service markets.

    Model-inferred, unverified — treat as a lead, not evidence
  • ORCLCompetitor

    Oracle competes with IBM in enterprise database management systems (Oracle Database vs DB2), application servers (WebLogic vs WebSphere), and middleware.

    Model-inferred, unverified — treat as a lead, not evidence
  • NVDAPartner

    IBM and NVIDIA partner to offer NVIDIA GPU-accelerated computing infrastructure on IBM Cloud and to integrate NVIDIA's AI Enterprise software with IBM's watsonx platform.

    Model-inferred, unverified — treat as a lead, not evidence
  • AMZNCompetitor

    Amazon Web Services (AWS) competes directly with IBM Cloud for cloud infrastructure customers, though they also maintain a deep software partnership.

    Model-inferred, unverified — treat as a lead, not evidence
  • TCS.NSCompetitor

    Global IT services.

    Model-inferred, unverified — treat as a lead, not evidence
  • MSFTCompetitor

    IBM watsonx + Microsoft Copilot enterprise AI competition.

    Model-inferred, unverified — treat as a lead, not evidence
  • DLRSupplier

    IBM Cloud uses Digital Realty colocation.

    Model-inferred, unverified — treat as a lead, not evidence
  • AAPLPartner

    IBM MaxAI + watsonx integration on Apple platforms via Apple Business Manager.

    Model-inferred, unverified — treat as a lead, not evidence