By Bailey Pemberton
Publication Date: 2026-08-06 14:17:00
Make better investment decisions with Simply Wall St’s easy, visual tools that give you a competitive edge.
-
International Business Machines (NYSE: IBM) received FedRAMP Moderate Authorization for its Maximo Application Suite SaaS offering, making it available for use by US federal agencies.
-
The authorization covers cloud based asset management tools designed for regulated government environments.
-
IBM and Red Hat launched the Lightwell program, which provides free open source security fixes and tools to universities and non governmental organizations.
-
Together, these initiatives expand IBM’s role across federal IT and nonprofit sectors, with a focus on secure software and infrastructure.
For readers looking to find more companies working on the infrastructure that underpins AI and secure cloud services, the next place to explore is 56 AI infrastructure stocks