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IBM CEO Krishna: Hybrid Cloud ‘Transformation’ Already Yielding Results As IBM pursues greater partner engagement around the hybrid cloud opportunity, the company reported a 21-percent increase in total cloud revenue during the first quarter of the year. By Wade Tyler Millward April 19, 2021, 09:29 PM EDT IBM’s investments into its hybrid cloud business and elevating the role of partners are already starting to pay off, IBM CEO Arvind Krishna said Monday. The company reported that revenue for the first quarter of the year, ended March 31, grew 1 percen...

IBM (IBM) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. IBM (NYSE: IBM) Patricia Murphy with IBM. Ma'am, you may begin. Patricia Murphy -- Vice President, Corporate Development Strategy Thank you. This is Patricia Murphy, and I'd like to welcome you to IBM's first-quarter 2021 earnings presentation. I'm here with Arvind Krishna, IBM's chairman and chief executive officer; and Jim Kavanaugh, IBM's senior vice president and chief financial officer. We'll post today's prepared remarks on the IBM investor w...

  IBM’s (IBM) first quarter results came in above our expectations as its consulting business started to pick up--and its z15 mainframes unexpectedly took a turn for the better--breaking from expected market cyclicality. Market volatility and security concerns increased mainframe capacity needs, leading to nearly 50% year-over-year growth in the seventh quarter since the z15 model’s launch. Despite the impressive breach of typical trends, IBM doesn’t expect such anomalous activity in the smaller systems segment to continue--as it reiterates guidance for 2021 which includes r...

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Prolifics Teams with IBM to Help Enterprises Manage Hybrid Cloud Workloads Share Article Prolifics and IBM announce the launch of IBM's Cloud Satellite, developed to bring cloud capabilities where client data resides. As a leading partner in IBM's Cloud Satellite initiative, Prolifics CTO Greg Hodgkinson will join IBM in an online launch event on March 9. We see IBM Cloud Satellite as a game changer for our clients who want an enterprise grade option to bring the convenience of a cloud experience into the control of their own data center. ORLANDO, Fla. (PRWEB) ...