Posted by on
Tags:
Categories: Amazon IBM Microsoft

#CLOUDWARS — Accelerating its remarkable turnaround and establishing itself among the top 3 enterprise-cloud players, @IBM’s #cloud revenue for the year rose 24% to $17 billion and jumped $30% in the fourth quarter to $5.5 billion. With cloud revenue now making up 21% of IBM’s total revenue of $79.1 billion, IBM’s reinvigorated technology and market focus have allowed the company to snap an agonizing streak of 20+ quarters of declining revenue as CEO Ginni Rometty’s heroic transformation of the iconic 106-year-old company has come full circle. @Microsoft @Amazon

https://www.forbes.com/sites/bobevans1/2018/01/19/ibm-joins-microsoft-amazon-atop-cloud-world-booming-cloud-business-ends-long-revenue-decline/#d88fc4549c49

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.