Why Blockchain May Be Key to IBM's Future
It's no secret that IBM's revenue has been sliding downward for some time now. Its second-quarter earnings report in July was more of the same -- a 21st consecutive quarter of declining revenue. The issues it faces aren't unique. Its legacy businesses -- hardware, software, and services for traditional corporate data centers -- have been shrinking as customers move to the cloud. Despite its best efforts, its own cloud isn't getting enough traction for it to make much of a dent, either in the market or its bottom line.
Sep-16-2017, 13:50:13 GMT
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