IBM May Finally Stop Shrinking. But Is It a Turnaround?

  • 6 years ago
IBM May Finally Stop Shrinking. But Is It a Turnaround?
Most of this business software uses cloud technology
that runs inside AT&T data centers — in a so-called private cloud, in contrast to a public cloud in which computing services are delivered from remote data centers owned by another company.
In artificial intelligence, the company scored a research and public relations triumph in 2011, when its Watson system defeated human champions in the question-and-answer game, “Jeopardy!”
But IBM first applied the Watson technology to the daunting realm of cancer research, a lengthy struggle with little short-term financial reward.
Big companies, said David Kenny, senior vice president for IBM’s Watson and cloud businesses, are adapting cloud and A. I.
technology to make their businesses faster and smarter.
The new businesses — “strategic imperatives,” IBM calls them — now account for 45 percent of the company’s revenue.

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