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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

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 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

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

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

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: 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,

Oracle, IBM, and Microsoft battle in the hybrid cloud market

Can Oracle Snatch Trillion-Dollar Hybrid Market from Microsoft and IBM?

September 30, 2020

It’s both ironic and perfectly fitting that three so-called “legacy” vendors are battling for leadership in the oh-so-modern and very massive hybrid-cloud market. (On my Cloud Wars Top 10 rankings, Microsoft is #1, Oracle is #6, and IBM is #7.) It’s fitting because, after all, to really do hybrid right, you need enormous expertise in

Why IBM CEO Arvind Krishna Earned an A+ for His Debut Quarter

July 24, 2020

On Jan. 30—before the world had even a thought about masks, social distancing, ventilators and WFH—IBM announced that longtime top technologist Arvind Krishna would take over as CEO on April 6. But when that date arrived, Krishna had much more to deal with than COVID’s repercussions as the low-growth tech icon’s all-in bet on Red

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