How IBM’s Cloud Strategy Is Different
July 1, 2016
Grazed from Fool. Author: Timothy Green.
Essentially, every major technology company is actively transitioning to the cloud. Amazon has become the overwhelming leader in the infrastructure-as-a-service (IaaS) market, where computing resources are sold by the hour, leaving Microsoft and Alphabet’s Google playing catch-up.
Software companies are shifting to subscription software-as-a-service models — in many cases, running the back ends of their applications in the cloud. Every company that consumes IT in one form or another is considering if, when, and how they should embrace cloud computing. International Business Machines has made cloud computing one of the cornerstones of its ongoing transformation…
The company has acquired many companies over the past few years in an effort to build out its cloud-computing business, including cloud infrastructure company SoftLayer in 2013 and a slew of cloud-software companies. IBM competes in the infrastructure-as-service market, the platform-as-a-service market, and the software-as-a-service market, and its vast services business helps clients move to and manage cloud infrastructure…
Read more from the source @ http://www.fool.com/investing/2016/06/30/how-ibms-cloud-strategy-is-different.aspx