IBM Q4 better than expected, watsonx gains traction
IBM CEO Arvind Krishna said, "our book of business for watsonx and generative AI roughly doubled from the third to the fourth quarter."
IBM CEO Arvind Krishna said, "our book of business for watsonx and generative AI roughly doubled from the third to the fourth quarter."
For IBM, StreamSets and webMethods will give it more API management and data integration tools.
With IBM Quantum Heron, IBM is planning to use a 5x performance boost with improved error rates to build out a fleet of systems.
Arvind Krishna, CEO of IBM, said the company was seeing clients adopt its watsonx AI and data platform. That adoption is also generating consulting revenue.
Manta Software customers include Bank of Montreal, T-Mobile and J.B. Hunt.
IBM will make its watsonx.data available on Amazon Web Services on AWS Marketplace. IBM Consulting will expand its AWS partnership to train 10,000 consultants on AWS generative AI services, use cases and best practices.
The watsonx Code Assistant for Z, which will be generally available in the fourth quarter, is aimed at its mainframe customer base that's looking to modernize its COBOL applications.
IBM's second quarter was a mixed bag with software, Red Hat, data and AI and consulting growth but headwinds as hardware sales stumbled as IBM z Systems revenue fell 30%.
IBM said it will combine Apptio with its IT automation software including Turbonomic, Instana and AIOps and Watsonx AI platform.