The future of IBM is hybrid cloud, said Ian Campbell, chief executive officer of Nucleus Research. “But
the biggest challenge is they are very late to the cloud party,” he said. Amazon Web Services and
Microsoft Azure have dominated the public cloud space for years and IBM, once a tech titan, is
considered small-fry in comparison. “Cloud is the make or break for IBM, but nobody even knows
they’re there," Campbell said.
On Tuesday, IBM announced that AT&T Inc. would be shifting its internal software applications to the
IBM cloud in a multi-year agreement. This is mutually beneficial for both companies, Campbell said.
“But it feels like two B-list celebrities announcing an engagement in the hopes of becoming an A-lister,”
he added. “This is not going to move the needle."
https://www.bloomberg.com/news/articles/2019-07-17/ibm-shows-shrinking-sales-in-biggest-unit-as-all-eyes-on-red-hat