IBM Vice Chairman Gary Cohn says current economic data has hidden troubles beneath the surface.
Yet, these positives are balanced by external risks such as potential global economic downturns that could negatively impact IT expenditure. Consequently, IBM’s growth projections appear modest ...
The talks highlight continued demand for Nvidia GPUs. A deal like this would also provide a boost for Amazon's AI business.
An uncertain economic outlook pushed IBM's customers to reduce discretionary spending and prioritize GenAI projects, impacting growth in its consulting services. "Infrastructure, which had been ...
Despite current macroeconomic challenges, I expect IBM's consulting business to recover and thrive as the economy normalizes. Strong growth in software, with significant contributions from Red Hat ...
IBM's software business outperformed due to acceleration in ... The consulting unit is still facing a very uncertain economic ...
(1) 2024 includes the impact of a one-time, non-cash pension settlement charge of $2.7 billion ($2.0 billion net of tax). (2) Primarily consists of amortization of acquired intangible assets. (3 ...
US-based multinational tech firm IBM’s revenue increased 1% to $15 billion in the third quarter of the year, below expectations, according to the firm on Wednesday. IBM’s software revenue rose ...
Prosper Africa, IBM, and NABP launch the Pulse platform in South Africa to enhance transparency, security, and efficiency in ...
"IBM is the historic anchor of New York's innovation economy, both in manufacturing and services," Kathryn Wylde, president and CEO of Partnership for New York City, a civic interest nonprofit ...
IBM India vice president Vishal Chahal said the centre will feature a new system that caters to the company's international ...
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