THE HOME OF THE GLOBAL SOURCING STANDARD

Reuters: IBM Posts Double Digit Cloud Revenue Growth

20 Oct 2020 8:29 AM | Mia Devonshire (Administrator)

IBM scrape through Wall Street estimates for quarterly revenue, supported by higher demand for its’ cloud services.

Whilst their revenue for cloud services rose by 16% IBM’s total revenue fell by 2.6% in the reported quarter.

This supports their move to focus the business on Cloud and AI services.

Read the full article here

Powered by Wild Apricot Membership Software