IBM's goal for being a hybrid cloud leader hits a speed bump in Q4
Jan 22, 2021 11:49am IBMs revenues are down in the fourth quarter as it seeks to become a leader in hybrid cloud under the direction of CEO Arvind Krishna. (Pixabay) IBM CEO Arvind Krishnas goal of transforming the company into a leader in hybrid cloud and AI hit a speed bump in the fourth quarter. In IBMs fourth quarter earnings report Thursday afternoon, Big Blues cloud and cognitive software revenues were down 4.5% to $6.8 billion while revenue for cognitive applications, which includes arti...
Source: fiercetelecom.com