IBM Claims to be the Cloud Leader

IBM Claims to be the Cloud Leader

IBM claims that it generated more cloud revenue in 2013 than Amazon Web Services. In its latest financial statement, Amazon reported $3.72 billion in “other” revenue, which includes all AWS sales. By comparison, IBM says it generated $4.4 billion in cloud sales. An IBM spokesman said, “By definition, even if EVERY penny of ‘other’ revenue was in Amazon Web Services — and it obviously isn’t — IBM sold at least $0.5 billion more in cloud than AMZ in 2014, and IBM also grew at a faster rate (69 percent for FY 2013).”

However, IBM gets to that $4.4 billion number by combining cloud-related hardware and software sales with its cloud computing revenue. It arrived at $4.4 billion by adding together $1.7 billion from SaaS and $2.7 billion from cloud-related software, hardware and services.

View article

Share the Post:
XDR solutions

The Benefits of Using XDR Solutions

May 24, 2023

Cybercriminals constantly adapt their strategies, developing newer, more powerful, and intelligent ways to attack your network. Since security professionals must innovate as well, more conventional endpoint detection solutions have evolved

AI is revolutionizing fraud detection

How AI is Revolutionizing Fraud Detection

May 23, 2023

Artificial intelligence – commonly known as AI – means a form of technology with multiple uses. As a result, it has become extremely valuable to a number of businesses across

AI innovation

Companies Leading AI Innovation in 2023

May 22, 2023

Artificial intelligence (AI) has been transforming industries and revolutionizing business operations. AI’s potential to enhance efficiency and productivity has become crucial to many businesses. As we move into 2023, several

data fivetran pricing

Fivetran Pricing Explained

May 17, 2023

One of the biggest trends of the 21st century is the massive surge in analytics. Analytics is the process of utilizing data to drive future decision-making. With so much of

kubernetes logging

Kubernetes Logging: What You Need to Know

May 16, 2023

Kubernetes from Google is one of the most popular open-source and free container management solutions made to make managing and deploying applications easier. It has a solid architecture that makes

ransomware cyber attack

Why Is Ransomware Such a Major Threat?

May 15, 2023

One of the most significant cyber threats faced by modern organizations is a ransomware attack. Ransomware attacks have grown in both sophistication and frequency over the past few years, forcing

data dictionary

Tools You Need to Make a Data Dictionary

May 12, 2023

Data dictionaries are crucial for organizations of all sizes that deal with large amounts of data. they are centralized repositories of all the data in organizations, including metadata such as

Show More