Summary
All eyes are on IBM’s transformation, led by Arvind Krishna, from a legacy software and services company to a new-age enterprise that offers hybrid cloud products, AI and other solutions. Actually, Big Blue is competing in its new avatar. But whether IBM can outdo its rivals and set the industry’s agenda is a trillion-dollar question.
Last week, the world’s oldest technology company completed a dramatic change in strategy in its 110-year history. International Business Machines (IBM) spun off its IT infrastructure services business — once its cash cow and now in an era dominated by FANG players and agile startups — into a separate entity called Kindle Holdings Inc. Spin-off, one of the biggest bets of IBM’s first India-born chairman and CEO Arvind Krishna (59)
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