IBM generated $57.4 billion in revenue from continuing operations in 2021, up from $55.17 billion in 2020. That’s not enormous growth, but it’s a step in the right direction for a company that has been coping for a decade with declining revenue from the IT-management and hardware businesses that used to be at its core. CEO Arvind Krishna has been working to bolster IBM’s presence in cloud software, business automation, and artificial intelligence. The company has recently won plaudits for its Environmental Intelligence Suite, an A.I.-powered system designed to help other companies manage their CO2 emissions and predict and prepare for climate-related threats.
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