For anyone who has 17 minutes to burn.
https://fortune.com/article/ibm-ai-arvind-krishna-ginni-rometty-tech/
June 2, 2025 at 4:30 AM EDT
11 replies (most recent on top)
but wait, didn't IBM already shed the Technical Consulting (GTS) part called Kyndryl ? The rationale was that Kyndryl would grow over the long term.
Sooner or later, the major shareholders and board will opt to sell the company or break the company up into multiple companies with consulting as one company and the products ( hardware and software) as another company. Single and low digit growth is not sustainable, HP did this after trying multiple CEO failures and strategies including overpriced acquisitions.
It is all about and only about the stock price... the stock price has been going up, so shareholders are happy. Nothing else matters.
If AK gets the stock price up and the revenues still don't grow... more power to him.
It is all about cutting costs!
It's all BS. All it does is celebrate mediocrity and financial gymnastics as wild organic business growth and success. AK hasn't shown any growth or leadership in Cloud, AI or Quantum. Quantum is a roll of the dice. AK admits that Ginni was indeed a (big) failure? Well, guess who Ginni's right-hand lieutenant was helping her to fail and tank IBM ? He wants to focus IBM from trying 15 things at once to trying 2 things first before doing a 3rd ? Interesting from a man who was the architect of the "strategic imperatives" which was essentially a list of about a dozen things that were all desperately thrown against a wall with the hope that 1 or 2 would stick, but none of them stuck and they all turned out to be colossal failures. Watson AI was the biggest gimmick, a modern version of an 1890's style parlor trick trying to dupe everyone, but it was exposed and was another big embarrassing IBM failure. This is all AK had to offer.
How many quarters/ years will the board wait until Arvind is replaced? Seems he has had long enough to try and show solid signs the company is turning around. If not for the constant downsizing of the workforce, one has to wonder if IBM would be losing money every quarter
is this a Paid Promotion ????? , what a load of BS
Was there in the early 80s and stayed for 25 yrs across 2 tours. Back then IBM was: 1. Essential. Everyone in college and work knew IBM systems. 2. Innovative inventing things like DRAM etc; Thinkpad, networking, storage etc. 3. Fantastic place to work. Now it will go the way of Compaq and DEC and Sun and Kodak and Polaroid, and EMC etc etc. All once high flyers. If you are a band 9 or 10 you are toast. IBM thinks solutions will be sold by going to IBM.com cloud (or oddly more likely AWS) and you will click tiles and buy things. TLS is toast and will be sold. Why need wicked smart band 9 and 10s when you can have dialing for dollars RCGs recent college grads using SalesLoft to spam people 23 times in a week? ALL that matters is 1. stock price and 2. cash flow. Everything else is meaningless. Sad but a true dumpster fire now.
Too early to say Arvind is turning the company around. Revenue growth is still anemic.
I didn't know having outages every day is what IBM did in it's glory days...
Betteridge's law of headlines
Alvind and his Pipmunks have certainly not brought glory to the IBM company in recent times, unless you consider layoffs and transferring jobs to Alvind's motherland, India as some cause for celebration. As for AI development inside IBM, it's nothing but a sad joke ! Same as it ever was. And nothing in the Quantum department either - the cupboard is bare.
How much did IBM pay to put this junk into print ??