Meanwhile, investors have tended to pay more attention to those West Coast darlings. But what if IBM's naysayers have it wrong?
"If there's one thing that this public health crisis has brought to light it is the ever essential role of IBM in the world. We are the backbone of some of the most critical systems," he wrote. "Today, more than ever, trust is our license to operate." Under outgoing CEO Ginni Rometty, who the company says will remain as executive chairman through the end of 2020, IBM positioned itself as a time-tested provider of flexible cloud infrastructure and services. And because of its long history supplying big customers, IBM said it was ideally positioned to help them transition away from on-premise systems.
His inaugural message did suggest that change is afoot in the executive ranks. As the company had previously announced, Jim Whitehurst, previously the CEO of Red Hat, will become IBM president. Bridget van Kralingen, a dynamic executive who had led IBM's blockchain efforts, will become senior vice president of global markets, touching IBM's most important sales relationships around the world.
....plan? Likely will be to complete a merger with another, such as T. T needs their Cloud & IBM needs the Services opportunity. May be a difficult, time-consuming task, but still likely.
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