Archives for IBM cloud business revenue


Last year, IBM hived off its cloud business, under CEO Arvind Krishna’s leadership, to focus on the $1 trillion opportunities in hybrid-cloud space. However, the tech giant reported a 4.5% decline in revenue in the last quarter of 2020. Krishna acknowledged the dip in revenue in an official statement: “We made progress in 2020 growing…
The post IBM Move To Hive Off Cloud Business Fails To Pay Off appeared first on Analytics India Magazine.


Last year, IBM hived off its cloud business, under CEO Arvind Krishna’s leadership, to focus on the $1 trillion opportunities in hybrid-cloud space. However, the tech giant reported a 4.5% decline in revenue in the last quarter of 2020. Krishna acknowledged the dip in revenue in an official statement: “We made progress in 2020 growing…
The post IBM Move To Hive Off Cloud Business Fails To Pay Off appeared first on Analytics India Magazine.


Last year, IBM hived off its cloud business, under CEO Arvind Krishna’s leadership, to focus on the $1 trillion opportunities in hybrid-cloud space. However, the tech giant reported a 4.5% decline in revenue in the last quarter of 2020. Krishna acknowledged the dip in revenue in an official statement: “We made progress in 2020 growing…
The post IBM Move To Hive Off Cloud Business Fails To Pay Off appeared first on Analytics India Magazine.