IBM (NYSE:IBM) has announced a new package of incentives for business partners.

IBM (NYSE:IBM) Incentive Packages

Offering IBM (NYSE:IBM)-based cloud and analytics services, the company put forward an enlarged set of incentives for partners that reinforces its strategy of using resellers, integrators and ISVs to customize and support its services for small and medium-sized businesses.

The company is scheduling new training courses and a customized version of its Cognos business intelligence tool, called IBM (NYSE:IBM) Cognos Express Planner which can help partners make financial plans and projections.

“Partners are realizing that analytics is the big opportunity,” said Riegel, vice president of IBM (NYSE:IBM) ISVs (independent software vendors) and developer relations.

IBM (NYSE:IBM) stocks were at 162.84 at the end of the last day’s trading. There’s been a 13.6% change in the stock price over the past 3 months.

IBM (NYSE:IBM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.57
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.62
Zack’s Rank: 8 out of 21 in the industry