"The postings on this site solely reflect the personal views of each author and do not necessarily represent the views, positions, strategies or opinions of IBM or IBM management."
(c) Copyright Tony Pearson and IBM Corporation. All postings are written by Tony Pearson unless noted otherwise.
Tony Pearson is employed by IBM. Mentions of IBM Products, solutions or services might be deemed as "paid endorsements" or "celebrity endorsements" by the US Federal Trade Commission.
Safe Harbor Statement: The information on IBM products is intended to outline IBM's general product direction and it should not be relied on in making a purchasing decision. The information on the new products is for informational purposes only and may not be incorporated into any contract. The information on IBM products is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. The development, release, and timing of any features or functionality described for IBM products remains at IBM's sole discretion.
Tony Pearson is a an active participant in local, regional, and industry-specific interests, and does not receive any special payments to mention them on this blog.
Tony Pearson receives part of the revenue proceeds from sales of books he has authored listed in the side panel.
Tony Pearson is not a medical doctor, and this blog does not reference any IBM product or service that is intended for use in the diagnosis, treatment, cure, prevention or monitoring of a disease or medical condition, unless otherwise specified on individual posts.
Power and Strength through Diversity
Comment (1) Visits (5528)
Today we watched Barack Obama get inaugurated as the 44th President of the United States, and he reminded all Americans that the power and strength of this country comes through its diversity.To some extent, this is also what gives IBM its power and strength as well. While not quite the orator of President Obama, IBM's own CFO, Mark Loughridge, gave a rousing speech about IBM's 4Q08 and year-end financial results.
In 2008, IBM was not just successful because it had a wide diversity of servers and storage hardware products, but also a diversity of software, and a diversity of service offerings.And lastly, IBM sells to a diversity of clients in different industries, throughout a diversity of markets. While the current economic meltdown might have affected businesses focused on the US and other major markets, IBM did particularly well last year in growth markets, including the so-called BRIC countries (Brazil, Russia, India and China).
IBM's approach to invest in R&D and its nearly 400,000 employees for long-term success continues to pay off. Where "Cash is King", IBM can also afford all those acquisitions and strategic initiatives, positioning the company for a brighter future.
Where there are challenges, IBM finds opportunity.