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 technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ...

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 ...

(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 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 ...

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 ...