IBM Shares Dive As Revenue Woes Continue
"The actions we are taking to focus on hybrid cloud and AI will take hold, giving us confidence we can achieve revenue growth in 2021.”
IBM Beats Q2 Estimates, Sees Cloud Growth
“Our clients see the value of IBM’s hybrid cloud platform, based on open technologies, at a time of unprecedented business disruption."
HPE Has ‘Tough’ Quarter With 16% Sales Drop
CFO Tarek Robbiati attributed the revenue decline primarily to supply chain disruption, which resulted in “significantly higher” levels of backlog.
IBM Sales Slump for Fifth Straight Quarter
“The company’s cloud business hasn’t been able to make up for declining sales in its services, hardware, and financing businesses."
NetApp Strives to Shed Hardware-only Image
The big data storage provider still sells mostly hardware but positions itself as a key player in a "hybrid cloud" world.
Red Hat CFO Pursues Cloud Agenda
The new finance chief is leveraging his technology experience at IBM to further a business transition by the open-source software provider.
Microsoft Launches Azure Local Cloud Solution
The company believes Azure Stack will give it an advantage over Amazon and Google in hybrid cloud computing.