Can IBM's Focus on the Infrastructure Segment Aid the Stock? [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
focus on product innovation and the growing adoption of the z17 program, as AI use cases have resonated strongly with clients. The Infrastructure segment includes Hybrid Infrastructure and Infrastructure Support services. Higher investments in the business across areas like AI, hybrid cloud and quantum also buoyed segment performance. With a surge in traditional cloud-native workloads and associated applications, along with a rise in generative AI deployment, there is a radical expansion in the number of cloud workloads that enterprises are currently managing. This has resulted in heterogeneous, dynamic and complex infrastructure strategies, leading to a healthy demand for the infrastructure services of IBM. The buyout of HashiCorp has further augmented IBM's capabilities to assist enterprises in managing complex cloud environments and complex infrastructure. HashiCorp's tool sets complement IBM Red Hat's portfolio, bringing additional functionalities for cloud infrastructure mana
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