IBM Earnings Preview: 5 Things To Know
Wade Tyler Millward
Analysts will likely ask IBM Chairman and CEO Arvind Krishna for more details on how the tech giant seeks to differentiate itself in a competitive landscape.
IBM’s Innovation Investments
Surveys of CIOs by KeyBanc Capital Markets and Morgan Stanley each showed that security, cloud and analytics, and business intelligence are the biggest priorities for 2023. Hardware sat among the least important.
IBM has captured some headlines with its innovations in quantum computing, AI and automation and cybersecurity, but mainframes and hardware remain a major part of the IBM brand.
Analysts will likely ask Krishna for more details on how the tech giant seeks to differentiate itself in a competitive landscape that includes security heavyweights Microsoft and CrowdStrike as well as automation heavyweights such as ServiceNow and Microsoft.
In Morgan Stanley’s fourth-quarter CIO survey, IBM actually increased its standing as an enterprise automation provider compared with a year prior.