IBM says goodbye to hardware and welcomes cloud

Two things you did not know about IBM: More than 200.000 from its employees are in the Netherlands, and is the third largest software vendor in the world.

Okay, the first item isn't quite right. Those 200.000 workers in the Netherlands are only on paper – it's a perfectly legal tax trick. But the second element is correct, argues her analyst Andrew Bartels.

By next year, IBM's business applications will be worth about $8 billion dollars, behind SAP and Oracle and ahead of Microsoft, excluding its sales . "IBM just doesn't want to talk about business because they don't want to make their partners feel uncomfortable," Bartels says.

On Monday IBM launched a campaign to overhaul the company's work and turn it into the cloud, ed$1 billion in new cloud capabilities. This effort includes placing the software portfolio in the cloud.

Source: iguru.gr

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Written by Dimitris

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