Did you see this news? IBM to focus on $1T Hybrid Cloud Market*|MC_PREVIEW_TEXT|*
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Tuesday October 13, 2020
IBM to focus on $1 Trillion Hybrid Cloud Market
Learn more on tomorrow’s IBM CDO Summit
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IBM stock up on news of focus on $1T Hybrid Cloud Market
Big news last week: IBM announced that it will focus on AI and the growing hybrid cloud platform market, a $1 trillion opportunity.
The acquisition of Red Hat for $34 billion in 2019 let IBM build its hybrid-cloud platform that supports computing on-premises and in private- and public-cloud environments.
IBM will spin off its $19 billion Managed Infrastructure Services unit of its Global Technology Services division into a NewCo in 2021.
“IBM is laser-focused on the $1 trillion hybrid cloud opportunity,” said Arvind Krishna, IBM Chief Executive Officer in thisIBM press release from Thursday October 8, 2020.
“Hybrid cloud and AI are swiftly becoming the locus of commerce, transactions, and over time, of computing itself,” Arvin stated in a blog about the move.
“We have positioned IBM for the new era of hybrid cloud,” said Ginni Rometty, IBM Executive Chairman. “Our multi-year transformation created the foundation for the open hybrid cloud platform, which we then accelerated with the acquisition of Red Hat.
Learn more about this historic, market-making news TOMORROW on our IBM CDO Summit episode 5, “Hybrid Multicloud Use Cases at Scale” at noonET on Wednesday October 14, 2020.
Three simple steps to earn your complimentary SILVER CDO Club membership:
1. Register for the webinar. Register here.
2. Attend the 1-hour webinar on Weds October 14 from noonET-1pmET.
3. Ask a question for the panelists in advance by entering it on the registration form.
Once you have completed those steps you will receive an email with how to access your Silver CDO Club Membership.
Get more information about the webinar below. Look forward to having you there!
What is YOUR Cloud Strategy?
By 2023, organizations expect to be using at least 10 clouds.
However, only a quarter of businesses have a holistic multicloud management strategy.
The value derived from a full hybrid, multicloud platform technology and operating model at scale is 2.5 times the value derived from a single platform, single cloud vendor approach.
In fact, the platform approach accelerates value with scale.
On Wednesday October 14, 2020 the IBM CDO Summit returns with an interactive, fast-paced hour of peer sharing and discussion, on “Hybrid Multicloud Use Cases at Scale.”
If you are just getting started, already underway, looking to optimize your cloud operations, or learn how to link your cloud strategy to corporate goals, this is the session for you.
You’ll learn from your peers and hear from leading voices, as they share their insights and best practices to ensure your enterprise is cloud ready.
Complimentary IBM Research Report:
“The Hybrid Cloud Platform Advantage”
Today, smart companies use cloud platforms as fundamental, underlying frameworks and enablers to fully leverage data for improved business performance and unparalleled business transformation.
Advanced companies are aligning their corporate strategic goals with their cloud platforms to achieve high performance and to deliver next-generation data-driven, digital business models.
“Whereas, for many organizations, getting on the cloud was “WHAT” they wanted to do, these new business models, applications, and infrastructure are “WHY” they wanted to do it. The success or failure of cloud deployments are not technology stories, they are business transformation stories.”
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