Another quarter, another revenue slide for the tech behemoth. Indeed, IBM reported its twentieth straight quarter of declining sales, which puts CEO Ginni Rometty squarely in the hot seat. A longtime employee of the company, Rometty is working to shift attention away from IBM’s declining businesses and toward its “higher value” opportunities, including cloud computing, artificial intelligence, mobility, analytics, and security. (The company has made several acquisitions to that end.) But 104-year-old IBM is a big ship to turn, and it’s going to take more than green shoots in its cognitive computing division to change course.
Looking for leads, investment insights, or competitive intelligence?
News about IBM
Kinetica uses Nvidia GPUs for business tasks.
Hint: It just bought a huge chain of grocery stores.
It's doubtful that any technology meet these inflated expectations.
The artificial intelligence program will make highlight reels and help with and guest services.
Frenemies Box and Microsoft team up again.