IBM History – What Does IBM Do?

IBM History – What Does IBM Do?

International Business Machines Corp (IBM)

Contents
  • International Business Machines Corp (IBM)
    • Cognitive Solutions
      Global Business Services
      Technology Services & Cloud Platforms
      Systems
      Global Financing
      What does IBM do? How do they make money?
      IBM’s Financials
      IBM’s Cloud Focus
International Business Machines Corporation (IBM), incorporated on June 16, 1911, is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing.

Cognitive Solutions

The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems. Cognitive Solutions includes Watson, a cognitive computing platform that has the ability to interact in natural language, process big data, and learn from interactions with people and computers. These solutions are provided through delivery methods, including through cloud environments and as-a-Service models. Cognitive Solutions consists of Solutions Software and Transaction Processing Software.

Global Business Services

The GBS segment provides clients with consulting, application management services and global process services. The portfolio of GBS services is backed by its globally integrated delivery network and integration with IBM solutions and services, including Watson, cloud, blockchain and Technology Services. It offers Watson Inter of Things (IoT) Consulting Solutions. Under application management, it delivers system integration, application management, maintenance and support services for packaged software, as well as custom and legacy applications. Its business process outsourcing service line delivers finance, procurement, human resources and industry-specific business processes.

Technology Services & Cloud Platforms

The Technology Services & Cloud Platforms segment provides information technology (IT) infrastructure services. It delivers a portfolio of cloud, project-based, outsourcing and other managed services focused on clients’ enterprise IT infrastructure environments. The portfolio includes a set of hybrid cloud services and solutions to assist clients in building and running enterprise IT environments that utilize public and private clouds and traditional IT. Its Cloud Infrastructure-as-a-Service covers a range of workloads. Its capabilities include IBM Cloud, cognitive computing and hybrid cloud implementation. It delivers a line of support services to maintain the availability of clients’ IT infrastructures. These offerings include maintenance for IBM products and other technology platforms, as well as software and solution support. It delivers hybrid cloud solutions through its Bluemix Platform-as-a-Service solution.

Systems

The Systems segment provides clients with infrastructure technologies. It offers a range of systems designed to address computing capacity, security and performance needs of businesses, hyperscale cloud service providers and scientific computing organizations. The portfolio includes z Systems, an enterprise platform for integrating data, transactions and insight, and Power Systems, a system designed from the ground up for big data and analytics, optimized for scale-out cloud and Linux. The storage products portfolio consists of a range of software-defined storage solutions, flash storage, disk and tape storage solutions. The segment also consists of operating systems software.

What does IBM do? How do they make money?

For the recently reported quarterly results, IBM’s (NYSE: IBM) restructuring continued to translate into declining revenues. This was the sixteenth straight quarter of declining revenues for IBM. Analysts believe that the trend will continue through the end of the year as IBM continues to reorganize its portfolio to move away from computer hardware sales to focus on “strategic imperatives”, which include the cloud, analytics, and mobile computing focused businesses in multiple sectors including healthcare and financial services.

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