revenue

IBM Cloud quarterly revenue once again increases by 20 percent

Following a 20 percent increase in the third quarter of 2017 and a 30 percent increase in the fourth quarter, the first quarter of 2018 once again saw IBM Cloud revenue rise by 20 percent year-to-year. Cloud revenue was $17.7 billion over the past 12 months. The as-a-service annual exit run rate for cloud revenue […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

IBM Cloud revenue jumps by 33 percent

IBM reported cloud revenue growth of 33 percent year-over-year in its first-quarter earnings released Tuesday. Adjusting for currency, cloud revenue grew by 35 percent, up to $3.5 billion. Total cloud revenue over the past 12 months reached $14.6 billion, putting IBM ahead of competitors in the field of enterprise cloud. Specifically in the arena of […]

Continue reading

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 […]

Continue reading