IBM

Legacy IT services business, whose day-to-day operations include managing client data centers, will be hit hardest.

“This is one of the last quarters where IBM’s lagging hardware business will drag down performance."

IBM's Cloud Pak for Security now includes all pillars of threat management, including detection, investigation and response, and streamlines response efforts.

The move is expected to make IBM more of a software company and less of a low-growth services vendor.

AI, augmented reality, and analytics technology will provide remote management and predictive maintenance support globally.

Securing data while in use opens doors from the on-prem data center to the cloud for more applications.

The CTO of IBM Cloud provides insight into new initiatives that enable financial services to run workloads in the public cloud.