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IBM Cloud revenue up 12 percent in 2018

IBM this week announced 2018 fourth quarter earnings that outpaced analyst expectations, including total cloud revenue for the year of $19.2 billion. That’s a 12 percent increase over IBM Cloud earnings in 2017. The New Economy reported, “The optimism surrounding the Q4 earnings report owes much to IBM’s cloud-computing business, which along with social, mobile […]

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Building the cloud for business

Cloud has evolved into much more than just invisible data storage to help businesses run smoothly. Today, companies across industries are using cloud as the platform to meet ever-changing customer and business needs through services such as artificial intelligence (AI) and blockchain while running their data seamlessly and securely across public, private and on-premises environments. […]

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Reflections on IBM Cloud in 2017 while looking ahead to 2018

2017 was a turning point for the cloud industry. Enterprises are rapidly adopting cloud as a platform for creating new ways to handle and drive revenue from data. With the volume of structured and unstructured data increasing every day, enterprises are demanding more than just infrastructure as a service. Part of this turnaround is due […]

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IBM Cloud revenue jumps 20 percent in third quarter

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 […]

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IBM Cloud as-a-service revenue up by 32 percent

In its second-quarter earnings released Tuesday, IBM posted yet another strong quarter for cloud, with 15 percent growth year over year and a total of $3.9 billion in revenue in the quarter ($15.1 billion over the past 12 months). Particularly strong was IBM as-a-service offerings, which saw a 32 percent year-over-year boost and an annual […]

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IBM cloud revenue up 35 percent in 2016

For anyone with any lingering doubts about the rapid growth of cloud computing, look no further than IBM fiscal year 2016 cloud revenue for proof. Total cloud revenue hit $13.7 billion on the year, which represented a 35 percent increase. The cloud as-a-service annual revenue run rate trended upward to $8.6 billion in 2016, a […]

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IBM reports strong growth in cloud

Cloud is growing. More and more studies and reports prove it as the months tick by. For more proof of cloud’s rapid rise, look no further than the cloud-related revenue numbers released this week in the second-quarter earnings from IBM. Cloud revenue increased by 30 percent over the second quarter of the previous year, for […]

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