• IBM’s slow movement in the cloud space allowed Amazon to take the first-mover advantage and the lead in this segment.
  • The company’s infrastructure and business relationships are its strongest points in this area, but it needs to take control of the reins this time around.
  • Cloud application in the healthcare space is a tremendous opportunity, and the company is being proactive in this critical area.

IBM’s (NYSE:IBM) 10-year revenue chart looks downright ugly. After increasing revenue from $91.4 billion in 2006 to $106.92 billion in 2011, the IT major’s revenue has been on a downward slope, and I don’t see any signs of that slide arresting any time soon. In fact, the stock price is now near $130 – a level which the company first touched way back in 2000. So, nearly a decade and half later, the company is retracing the path it came from.

Let’s take a closer look at what happened to IBM and find out if its saving grace – its cloud business – can turn into its crown jewel.

In this article, I’ll show how IBM has the infrastructure, skill, experience and history to close the gap with the current market leader – Amazon’s (NASDAQ:AMZN) Amazon Web Services (AWS) – and also the hurdles it’ll need to get over before it can see that happening.

Continue reading at Seekingalpha.com where the original article was published.

Share...Share on FacebookTweet about this on TwitterShare on LinkedInShare on RedditShare on StumbleUponShare on TumblrPrint this pageEmail this to someone


Please enter your comment!
Please enter your name here