Industry
IBM Cloud revenue jumps 20 percent in third quarter
October 18, 2017 | Written by: Matthew Wilson
Categorized: Industry
Share this post:
Cloud now represents 20 percent of total IBM revenue, according to third-quarter earnings results released this week.
In the quarter, revenue from as-a-service offerings was up 25 percent year-over-year. Total cloud revenue jumped 20 percent over the third quarter of 2016, and over the trailing 12 months, was up by 25 percent, with a total revenue of $15.8 billion. That number includes $8.8 billion in as-a-service revenue and $7 billion for hardware, software and services to for integrating cloud solutions across public, private and hybrid environments.
Clients who started new or stepped up existing cloud engagements with IBM over the quarter included Walgreens, Honeywell, the US Army and Atlanta’s Mercedes-Benz Stadium.
Learn more about IBM Cloud third-quarter earnings in the infographic below.
IBM Cloud Garage helps Grupo Planetun improve auto inspection app capabilities
Investopedia describes “insurtech” (the term inspired by its commonly known cousin, “fintech”) as the use of technology to create savings and efficiency in the insurance industry. Investopedia also suggests that the insurance industry is ripe for innovation and disruption. At Grupo Planetun, we know this to be especially true in Brazil. In the Brazilian insurance […]
Why Serima Consulting developed its smart grid solution on IBM Cloud Private
Germany is in the process of completely transforming its energy sector at a pace unmatched by other industrialized nations. Nuclear power is phasing out as renewables are gradually taking over, according to Deutsche Welle, Germany’s international broadcaster. The country’s politically supervised shift in direction from nuclear and fossil fuels to renewable sources of energy is […]
How bioscientists tackle data overload to advance medical research
The International Center for Scientific Debate explains that the ability to better collect, store, organize, integrate, analyze and share biomedical data provides opportunities to advance the detection, diagnosis, treatment and prevention of disease. Yet the greatest challenge bioscientists face is how to handle the flood of information coming from various sources and every instrument that […]