Wednesday, May 6, 2020

WORLDRETHINK: Twitter tour on May 5, 2020 - IBM starts a new technology cycle




Domingo Trassens @trassens -  #WR: What are the new IBM’s initiatives?  @WSJ posted a story where the journalist remarks that in a new cycle, IBM is launching “a slew of business-oriented artificial intelligence and cloud-computing products” First steps of the new CEO, Arvind Krishna! #IBM #AI #CloudComputing

On April 6, IBM - the famous tech giant - starts a new cycle under the helm of Arvind Krishna, as CEO. He is succeeding to Ginni Rometty, who led the technology company for a period of eight years.

Before the current assignment, Mr. Krishna was in charge of the cloud-computing projects of IBM. He is an IT professional from India with an extensive career inside IBM.

In one of his first statements as CEO, Arvind Krishna said that “coronavirus pandemic will ‘dramatically accelerate’ adoption of AI, cloud computing.

Despite the efforts of the former CEO Ginni Rometty, during recent years, IBM didn’t grow as technological player in the same level of previous cycles due to a lot of changes the tech industry lived in the last decade.

Since its first days as a company, IBM was a strong manufacturer of processing machines, big computer systems, storage units, and a variety of peripheral devices for data centers and big computer users.

In the recent times, the software and the digital devices for end-users generated more revenues than the sector of big information technology systems. You can see the stellar growth of Apple and Microsoft.

The initiative of Arvind Krishna points to the new trends of the technology in the business and corporate sector. We have to hope this step allows IBM to maintain a constant growth like the players focused in the development of software and digital devices for end users. Good luck Mr. Krishna!

SOURCES: @WSJ, my own tech think tank.

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