3 years ago

Category: Software, Business, Data, Microsoft, Infrastructure, automation, artificial-intelligence

However, it’s less clear whether the venerable technology giant will succeed in achieving the goals of this bold restructuring, which it announced last week but which will take more than a year to complete.

Many questions about the restructuring, announced last week, remain unanswered — starting such basics as the name of the company to be spun off, and including many structural and logistical issues.

IBM says that with Red Hat it’s able to offer enterprises a special type of openness and flexibility to have applications and infrastructure wherever they prefer — in their own data centers, or in cloud platforms from one or more providers.

To reach its goal of mid-single-digit revenue growth, IBM is likely going to have to look for some further significant acquisitions,” he said. Abbott points out that while the plan is to focus on hybrid cloud opportunities, IBM plans to retain several parts of its traditional business, including its mainframe and high-end Power systems servers, as well as services offerings.