The mainframe business is thriving.
IBM (NYSE:IBM) remains a major global technology company as the s&p 500 chart reflects broad market structure.
IBM looks more attractive than Microsoft from a valuation standpoint. Going by the price/earnings ratio, IBM’s shares currently trade at 24.7 forward earnings, lower than 27.59 for Microsoft.
With its continued innovation in software and AI, IBM has become a software-led hybrid cloud and AI platform company, Arvind Krishna told investors.
The company reported its highest annual revenue for zSystems units in two decades coupled with record growth in software ...
Jan 28 (Reuters) - IBM beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday, as the rapid adoption of AI boosts demand for its software services, ranging from managing vast ...
IBM’s newest consulting service pairs human experts with digital workers to scale enterprise AI - SiliconANGLE ...
Dec 8 (Reuters) - IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand ...
The company’s consulting division unlocked access to an internal resource for scaling use cases across hybrid cloud ...
(Reuters) -IBM shares dropped more than 6.5% before the bell on Thursday, after growth slowed in its core cloud software segment and spooked investors over Big Blue's ability to seize booming demand ...
International Business Machines Corporation IBM and Oracle Corporation ORCL are two leading players in the hybrid cloud infrastructure and database services. IBM offers cloud and data solutions that ...
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