IBM said on Thursday it would spin off the managed infrastructure services unit of its Global Technology Services division into a new public company.
Browsing: Arvind Krishna
IBM beat estimates for second quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.
When Google published revenue from its cloud business for the first time last month, a feeling of bitter vindication swept through IBM.
In July 2017, IBM executive Arvind Krishna walked into a routine meeting with senior leaders and delivered a surprise pitch that changed the course of the iconic 108-year-old company’s future.
IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.