International Business Machines Corp.’s Best Business Segment So Far In 2016
The burgeoning cloud market and the associated opportunities it presents for data center providers, infrastructure, and platform solutions is undeniable. Toss in the fact that much of the nearly limitless data derived from the budding Internet of Things market will be housed in cloud data centers, and it’s no wonder tech behemoths like IBM (NYSE: IBM) and one of its primary competitors, Microsoft (NASDAQ: MSFT), have gone all in. As successful as IBM has been in growing its cloud business as part of CEO Ginni Rometty’s strategic imperatives initiative (an argument could easily be made that cloud sales have been IBM’s best business segment this year) it’s the up-and-coming cognitive computing suite of solutions that bears watching. Why? Because the immediate opportunity lies in cloud-related revenue, but the most upside in…
Link to Full Article: International Business Machines Corp.’s Best Business Segment So Far In 2016
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