Why does no one acknowledge the fact that IBM is third in the cloud business behind AWS and Azure. The media always says AWS Microsoft and Google are the 3 major cloud providers but that's wrong. Google did about 3 billion in cloud sales in 2017 while IBM did about 17 billion. Makes no sense to me.
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- Honeywell kmMR63IBM financial report for the last quarter is a joke. Check how many times they referenced block chain bullshit.
It’s like Genx desperately trying to look cool by using wrong memes.
To answer your question, there is no common accepted definition of cloud. May be that ambiguity gave IBM some room to adjust its revenues by adding not so cloud businesses to cloud?
Also AWS, Azure and GCloud’s variable cost is less. That’s why they are trading with higher revenue multiples as they have higher expected gross margins if their revenue increases but I don’t think I can say the same to IBM. If IBM employs five employees for each cloud customer for tier 1 support, it may have difficulties in scaling like the other three.
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- Capital One / Eng TvMp82How ibm classifies cloud is a little mixed up.. didn’t they put their middleware (webshpere, iib, etc) in the cloud group? Think that was done to show more revenue. Bluemix is not making that type of revenue, and I’m not sure ibm knows what a cloud is.. just look at bluemixJul 28, 2018 0
- Amazon / Mgmt JeffBaizosIBM defines anything even remotely related to the internet as cloud. If the company was truly a contender, it wouldn’t have decreasing revenue over the past 6 years.
- IBM has decreasing revenue because our legacy business i.e systems and services is declining yes but our cloud business is third among major contenders. That's all I'm saying and it's true and can't be denied lol. The point of this post was to bring attention to it. Why is Google labeled third in cloud when IBM is significantly larger.May 8, 2018 1
- That's a good question ^
These rankings are done by Gartner and revenue is not the only factor. Feature completeness, variety of services, speed of iteration, customer's trust etc are also taken into account. I think one or more of those factors might have given Google the edge.May 9, 2018 0
- 16 billion?! Please hold your horses. That's yearly projected at current run rate. IBM would be a trillion dollars business or close if it were really making ~64b yearly in cloud revenue given market size and margins of profitability in this business.
- Microsoft HjHz70Ibm combined analytics into its cloud group to inflate their numbers, along with converting onetime software licenses to pay-as-you-go model which also helped inflate their numbers, so while they are high it’s not because of new customers, it’s just transitioning its business model from one way of consuming its software to another. Used to be the CTL for one of their top accounts.
- IBM wzxg71All businesses do that kind of account tricks. Many IBM enterprise softwares used to be on IBM mainframes or other servers. Now, IBM migrates many of them to cloud (private cloud, hybrid cloud) and customers like it. New customers, probably not; but they are still paying for it.Aug 8, 2018 0
- Hey what happened to their AI platform...Watson...at least that was good...