IBM catching up fast in the cloud business
Big Blue is the dark horse in the segment. 105-year-old IBM has been under constant scrutiny, with its own past performance weighing heavily on the company. IBM was also a bit late to the cloud party, but the moment they identified the future line of business that they want to be in, the company bulldozed its way into the analytics and cloud niches, spending billions of dollars to buy company after company in the last five years.
Some of IBM’s big ticket and important acquisitions in the last five year include:
- Infrastructure provider Softlayer for $2 billion in 2013
- Cybersecurity provider Trusteer for $1 billion in 2013
- Database as a Service provider Cloudant in 2013
- The Weather Company and its digital assets in 2015
- Streaming video provider UStream in 2016
- Truven Health Analytics for 2.6 billion in 2016
There were several more acquisitions during that time. A closer look would reveal that IBM was buying companies that could offer them some edge on analytics, cloud, Artificial Intelligence knows many different definitions, but in general it can be defined as a machine completing complex tasks intelligently, meaning that it mirrors human intelligence and evolves with time., Big Data describes data collections so big that humans are not capable of sifting through all of it in a timely manner. However, with the help of algorithms it is usually possible to find patterns within the data so far hidden to human analyzers. Data analysis is simply put the study of data in order to take better informed decisions. All business decisions should be made with the best information available, data analysis tries to provide this information through different algorithms and statistical techniques., healthcare analytics, cybersecurity and so on. If you think about it, all of that either sits within analytics or cloud.
Shopping spree done right
History is littered with corporations that were not able to adapt. What works for a particular generation is not always going to work for the next. Apple, for example, pulled the rug from under Blackberry and Nokia, transforming the world of smartphones. Warren Buffett says that he will never invest in technology companies because he doesn’t understand them, but what he is really saying is that technology industry is easy to disrupt so he would rather invest in companies that are least prone to disruption. IBM has survived the technology industry over many generations and cycles, and now they are making a painful transition to the new world order – at its most powerful […]