IBM business model is to buy software companies with a leading product and then dramatically increase licence costs and cut support and development. Rename the product every 12 months with the latest buzz words and when it is no longer profitable sell it off to HCL or some other company.
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They rename entire business units as well. AI Apps became Sustainability Software so they can pretend to peddle products they claim are related to the scam known as ESG.
zzzzzzz...
Can you say IBM Resilient => IBM Security SOAR => IBM QRADAR SOAR...
It should be IBS: International Business Software.
It is just a money game. It is easier to buy companies to acquire software and revenue than to develop software from scratch. IBM Execs are lazy and are taking the easy route all the time. They just see these days IBM as a financial company, not a Tech company.
It’s just IBM deciding which businesses they want to be in. NOTE this applies to all three divisions (Consulting, SW, and Infrastructure) GBS used to consult across 22 industries. New IBM wants to consult across 10-12 industries max. IBM used to be in the super computer game Not anymore as it didn’t make money. How many SW products overlap with new Redhat LINUX offerings? It’s all about exploiting the IBM mainframe monopoly and the supporting SW and services. The places where IBM doesn’t want to play (even if they make money) is where IBM will partner and exercise their IP content. IBM has to slim down as their overhead is far higher than partners and competitors, , THUS if your practice/product has a weaker profit margin, IBM had to find a way to extract profit while eliminating cost. Exploiting partners, and IBM’s IP content is the way to do that. IBM is driving towards 300k of revenue per employee. They will let that metric decide where the employee head count will land. Most likely 180-200k employees worldwide.