Archives for IBM cloud business revenue

27 Jan

IBM Move To Hive Off Cloud Business Fails To Pay Off

image-19510
image-19510

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.

27 Jan

IBM Move To Hive Off Cloud Business Fails To Pay Off

image-19511
image-19511

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.

27 Jan

IBM Move To Hive Off Cloud Business Fails To Pay Off

image-19512
image-19512

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.