Tag: cognitive computing

New IBM CEO Arvind Krishna Understands the Value of Spin-Offs

New IBM CEO Arvind Krishna Understands the Value of Spin-Offs

IBM plans to spin off the Managed Infrastructure Services business within its Global Tech Services ("GTS") segment (approximately $19B TTM revenue through June 2020). Doing so will provide more air time to the acquired RedHat OpenShift (IBM's "Hybrid Cloud" strategy) and cognitive computing businesses. Post-spin, the growth in these businesses will make a greater revenue … Continue reading New IBM CEO Arvind Krishna Understands the Value of Spin-Offs

IBM Names A New CEO

IBM Names A New CEO

Tickers mentioned: AMZN, FDS, GOOG, IBM, INFO, MSCI, MSFT, ORCL, SSNC, VRSK Late to the Cloud and Little Appetite for Acquisitions IBM named Arvind Krishna to replace Ginni Rometty as CEO effective April 6th, 2020. Some 7-8 years ago IBM accelerated its transition to the cloud. This transition was accompanies by a change to pro … Continue reading IBM Names A New CEO