The Impact Of IBM’s Move To Split On Its AI Initiatives

In one of the biggest news of the year, IBM recently announced that it is splitting its IT services business into a new company, temporarily named NewCo. The move headed by its CEO, Arvind Krishna, will lead to diversification of the world’s first big computing firm away from its legacy businesses to focus on high-margin cloud computing and AI business. The company believes that with this move, both the companies will be on an improved growth trajectory with more remarkable ability to partner and capture new opportunities.

With this, IBM becomes the big first computing firm to split up from its legacy business to focus on the new tech. The brand new IBM will accelerate and focus on the $1 trillion hybrid-cloud opportunity, whereas the NewCo. will focus on its services business with a revenue of around $19 billion. The NewCo will provide technical support to 4,600 clients in 115 countries, and is expected to record an expense of nearly $5 billion to be incurred in the separation and operational changes.

Krishna believes that this move will help the company revive growth after almost a decade of shrinking revenue, with a strategic focus on each of the businesses. “Now is the right time to create two market-leading companies focused on what they do best”, the company stated.

#opinions #ibm #ibm ai #ibm ai initiatives #ai

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The Impact Of IBM’s Move To Split On Its AI Initiatives

In one of the biggest news of the year, IBM recently announced that it is splitting its IT services business into a new company, temporarily named NewCo. The move headed by its CEO, Arvind Krishna, will lead to diversification of the world’s first big computing firm away from its legacy businesses to focus on high-margin cloud computing and AI business. The company believes that with this move, both the companies will be on an improved growth trajectory with more remarkable ability to partner and capture new opportunities.

With this, IBM becomes the big first computing firm to split up from its legacy business to focus on the new tech. The brand new IBM will accelerate and focus on the $1 trillion hybrid-cloud opportunity, whereas the NewCo. will focus on its services business with a revenue of around $19 billion. The NewCo will provide technical support to 4,600 clients in 115 countries, and is expected to record an expense of nearly $5 billion to be incurred in the separation and operational changes.

Krishna believes that this move will help the company revive growth after almost a decade of shrinking revenue, with a strategic focus on each of the businesses. “Now is the right time to create two market-leading companies focused on what they do best”, the company stated.

#opinions #ibm #ibm ai #ibm ai initiatives #ai

The Impact Of IBM’s Move To Split On Its AI Initiatives

In one of the biggest news of the year, IBM recently announced that it is splitting its IT services business into a new company, temporarily named NewCo. The move headed by its CEO, Arvind Krishna, will lead to diversification of the world’s first big computing firm away from its legacy businesses to focus on high-margin cloud computing and AI business. The company believes that with this move, both the companies will be on an improved growth trajectory with more remarkable ability to partner and capture new opportunities.

https://www.youtube.com/watch?v=Qi3g-hAxsa8

#ibm #ai #technews #tech

Making Sales More Efficient: Lead Qualification Using AI

If you were to ask any organization today, you would learn that they are all becoming reliant on Artificial Intelligence Solutions and using AI to digitally transform in order to bring their organizations into the new age. AI is no longer a new concept, instead, with the technological advancements that are being made in the realm of AI, it has become a much-needed business facet.

AI has become easier to use and implement than ever before, and every business is applying AI solutions to their processes. Organizations have begun to base their digital transformation strategies around AI and the way in which they conduct their business. One of these business processes that AI has helped transform is lead qualifications.

#ai-solutions-development #artificial-intelligence #future-of-artificial-intellige #ai #ai-applications #ai-trends #future-of-ai #ai-revolution

The Impact Of IBM’s Move To Split On Its AI Initiatives

In one of the biggest news of the year, IBM recently announced that it is splitting its IT services business into a new company, temporarily named NewCo. The move headed by its CEO, Arvind Krishna, will lead to diversification of the world’s first big computing firm away from its legacy businesses to focus on high-margin cloud computing and AI business. The company believes that with this move, both the companies will be on an improved growth trajectory with more remarkable ability to partner and capture new opportunities.

Read more:
https://zcu.io/V5oj

#ibm #technology #innovation #technews

This Week in AI | Rubik's Code

Every week we bring to you the best AI research papers, articles and videos that we have found interesting, cool or simply weird that week.

#ai #this week in ai #ai application #ai news #artificaial inteligance #artificial intelligence #artificial neural networks #deep learning #machine learning #this week in ai