IBM z16 officially launched integrated with Telum processor

IBM officially released IBM z16 today, which is IBM’s next-generation system that integrates AI accelerators on its chips. Customers can analyze real-time transactions at scale – for mission-critical workloads such as credit cards, healthcare, and financial transactions. The IBM z16 is also purpose-built to help protect against threats that could be used to crack today’s encryption in the near future.

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Through the IBM Telum processor, the IBM z16 uniquely combines AI inference with the highly secure and reliable high-volume transaction processing IBM is known for. For the first time ever, banks can analyze fraud during transaction processing at scale: IBM z16 can handle 300 billion inference requests per day with just 1 millisecond latency, IBM says. 

For consumers, this may mean less time and effort to process fraudulent credit card transactions; for merchants and card issuers, it may mean reduced revenue losses as consumers avoid false chargebacks on their credit cards. If you are troubled, you may switch to other credit cards in the future.

Other threats, including tax fraud and organized retail theft, are emerging as challenges for governments and businesses to manage. Real-time payments and alternative payment methods like cryptocurrencies are pushing the limits of traditional fraud detection techniques. Applying the new capabilities of IBM z16 to other industries can create a whole new class of use cases, including:

• loan approval

• Helps expedite business or consumer loan approvals

• Clearing and Settlement

• Help identify which trades and/or transactions may be high risk prior to settlement

• Federated Learning for Retail

• Designed to better model fraud and theft risk

Based on IBM technologies such as pervasive encryption and confidential computing, the IBM z16 enables the advancement of business continuity for cybersecurity by protecting data from the security threats that come with the development of quantum computing.

As the industry’s first quantum-secure system, IBM z16 develops and optimizes encryption algorithms and digital signature technology based on lattice-based theory. This will help protect data and systems from current and future security threats.

With secure boot (meaning a malicious attacker cannot inject malware during firmware boot to take over the system), IBM z16 customers can strengthen their business continuity posture and maintain control over their systems. 

In addition, the IBM z16 with the Crypto Express 8S (CEX8S) hardware security module will provide customers with both traditional encryption and quantum-secure encryption to help address the use-case scenarios they require of information confidentiality, integrity, and non-repudiation. 

Moreover, the IBM z16’s secure boot and quantum-safe encryption technology can help clients gain a head start against future quantum computing-related threats, including extortion, intellectual property, using “steal encrypted data now, decipher later” attacks loss, and other sensitive data leakages.

IBM embraces open source technologies on the zSystem platform and builds a consistent developer experience across hybrid cloud environments. These solutions are designed to help customers seamlessly leverage their existing investments and strengths in IT infrastructure, cloud, and applications while giving them the flexibility to run, build, manage and modernize the cloud on the architecture of their choice Native workloads.

To this end, IBM also made the following important announcements:

IBM Z and the cloud modernization stack

• Help customers increase agility and accelerate transformation, including supporting popular open-source projects.

IBM Z and Cloud Modernization Center

• It’s the digital gateway to IBM Consulting’s vast array of tools, training, resources, ecosystem partners, and industry-specific expertise to help IBM zSystems customers accelerate the modernization of their applications, data, and processes in an open hybrid cloud architecture.

Tailored Pricing

• A full-stack approach that enables our customers to get cloud-like pricing that allows them to respond quickly to dynamic workloads and changes in business needs.

Bringing Anaconda to Linux on Z

• An example of bringing popular data science frameworks and libraries to these enterprise platforms, providing data scientists with a consistent user experience across hybrid cloud architectures.

Simplified support

• IBM Technical Support Services provides IBM z16 customers with one-stop support to help predict and prevent unplanned outages and provides technical services to accelerate business opportunities in a hybrid technology environment.

IBM said the IBM z16 was built using a highly collaborative, customer-centric approach that involved hundreds of people from more than 70 customers, an approach that will continue to be applied to future IBM mainframe systems. The IBM z16 will be generally available on May 31, 2022.

(via)