TBR Survey Names IBM As Leader Of Hybrid Cloud Development Platform

International Business Machines Corp. IBM revealed it was named the leader in Cloud Application Development and Transformation by Technology Business Research, Inc. (TBR), an independent technology market research firm.

According to the company, the recent report, titled "Cloud Customer Research Topical Report: New vs. Legacy Applications", the tech firm was ranked as a leader in a number of categories. That included most widely adopted cloud platform, biggest in customer satisfaction and leads in enterprise adoption for application transformation services.

IBM said the report was part of a customer research program assessing the responses of over 2,100 enterprises around the globe and analyzes the preferences around cloud, as well as, legacy app migration of close to 700 enterprises. The report further said, "TBR believes that IBM leads other vendors in application transformation because it provides customers a broad portfolio, complete with a dedicated services arm that allows it to cater to individual enterprise needs."

The tech company claimed it was able to win high satisfaction scores due to its cloud platform, which offers developers with application portability and flexibility, integration among other apps from the same vendor, and application program interface capabilities that extend to other vendors.

On Wednesday, the stock traded 1.4 percent higher.