IBM CEO Arvind Krishna shares Q1 cloud revenue results

IBM Cloud Bounces Back with Q1 Cloud Revenue up 18% to $6.5 Billion

April 20, 2021
Rebounding nicely from last quarter’s measly 8% growth in cloud revenue, IBM has jumped out to a solid start in 2021 with Q1 cloud revenue up 18% to $6.5 billion. On my weekly Cloud Wars Top 10 rankings, IBM is #9 despite the fact that its cloud revenue for the 12 months ended March 31
IBM Cloud VP Jason McGee

Can IBM Reignite Cloud Growth With Impressive New ‘Satellite’ Service?

March 10, 2021
As IBM’s cloud-revenue growth rate has tumbled to a meager 8%—by far the lowest among the Cloud Wars Top 10—the launch of Cloud Satellite is a much-needed jolt of innovation for both business customers and for IBM. (On my weekly Cloud Wars Top 10 rankings, IBM recently fell from #7 to its current spot at
IBM Cloud Growth Rate Chart

IBM Shocker: Q4 Cloud Growth Plummets to 8%

January 27, 2021
While Microsoft and Amazon are likely to report Q4 cloud-revenue growth rates of 30% or more, and while red-hot Google Cloud could come in at 40% or above, IBM last week said the growth rate for its cloud business plummeted in Q4 to 8%. And in the wickedly competitive Cloud Wars, 8% growth means you’re
IBM CEO Arvind Krishna

Can IBM Soar in 2021? 10 Big Opportunities, 4 Very Tough Challenges

December 9, 2020
IBM’s cloud business is in a terrific position to have a breakout year in 2021, but that all depends on its willingness and ability to fully commit its full resources to the cloud rather than just repeating “Red Hat!” and hoping that does the trick. To get the full story, please check out our in-depth
CEO Thomas Kurian leads Google Cloud to the top of cloud vendors in growth

Top 10 Fastest-Growing Cloud Vendors: #1 Google, #2 Oracle, #3 Microsoft

November 16, 2020
As the enterprise cloud becomes the unquestioned foundation for the future of digital business, the 3 vendors whose cloud revenue is growing most rapidly in this booming market are Google at 44.8%, Oracle 33% (estimated), and Microsoft 31%. (On my weekly Cloud Wars Top 10 rankings of the largest and most-influential cloud vendors in the
ServiceNow CEO Bill McDermott gets closer to IBM

Market-Cap Madness: ServiceNow Jumps to $100 Billion, IBM Slumps to $104 Billion

October 21, 2020
Just when you started to think 2020 couldn’t get any more bizarre, try this on for size: as of this morning, ServiceNow's market cap had jumped to $100 billion while that of its new AI partner IBM had slumped to $104 billion. The power of positioning Yes, in today’s wacky world, investors have determined that
IBM CEO Arvind Krishna

Why Does IBM Have 4 Huge Zero-Growth Businesses in Today’s Booming Market?

October 20, 2020
In the midst of one of the greatest enterprise-tech markets ever, why does IBM have 4 zero-growth businesses with tenuous or even flimsy connections to its core future strategy of hybrid-cloud platform? (In my weekly Cloud Wars Top 10 rankings, IBM is #7.) Hey—in a way, I get it. We’ve all got that ugly old
Cloud Wars advice to IBM CEO Arvind Krishna ahead of Q3 earnings announcement

IBM Q3 Earnings: 5 Key Issues CEO Arvind Krishna Should Address

October 16, 2020
IBM releases its Q3 financial results on Monday and I’m hoping that CEO Arvind Krishna, who’s been in that top spot for 6-1/2 turbulent months, will use that public forum to clarify some key issues essential to IBM’s future. First, some quick perspective: on my Cloud Wars Top 10 weekly rankings, IBM is #7. And
An open letter to IBM CEO Arvind Krishna

An Open Letter to IBM CEO Arvind Krishna: Keep Swinging that Axe!

October 9, 2020
Dear Arvind: I was delighted to see the news about your decision to cut loose IBM’s managed-services infrastructure business so it can become a separate company.  And I’m hoping that with your bold move, you’re just getting started in turning IBM into a customer-centric AI and data powerhouse unencumbered with moribund businesses that drain resources,