Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business toward consulting and services. By Steve Lohr Louis V. Gerstner Jr., an ...
The launch of the AI-focused z17 mainframe earlier this year has been a major success. Infrastructure is expected to drive 1.5 percentage points of revenue growth in 2025 for IBM. IBM boosted its ...
Mainframe computing is having a moment — again. Nearly 60 years after the first IBM System/360 debuted as a mainframe platform, it continues to evolve in ways that defy expectations, powering critical ...
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IBM shares fall 5% in extended trading after a ~30% rise this year Software sales miss market estimates in Q2 on transaction processing weakness Consulting sales rise but management cautious about ...
IBM updated its z/OS operating system, adding AI optimization and quantum-focused features to its z17 mainframe. Update z/OS 3.2 brings features originally previewed by IBM in April, including ...
(Reuters) -IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for the ...
IBM has delivered its strongest quarter in more than a decade, proving that Big Blue’s pivot to AI‑infused hybrid cloud infrastructure is finally moving the revenue needle. For the three months to 30 ...
IBM has updated its LinuxONE mainframes, using the same hardware as its new z17 mainframe platform but designed to run on Linux operating systems, with the focus on artificial intelligence. The ...
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