Will Higher Software Revenues Benefit IBM's Q1 Earnings? [Yahoo! Finance]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: Yahoo! Finance
In the to-be-reported quarter, the company is likely to have recorded higher revenues from the Software segment backed by growing demand for its advanced AI-driven solutions and product innovation. Factors at Play The Software segment includes Hybrid Platform & Solutions comprising software services, Red Hat, automation and data & artificial intelligence (AI) businesses and Transaction Processing. During the first quarter, IBM introduced LinuxONE 4 Express, an advanced data center solution designed to provide cybersecurity, scalability and AI inferencing for hybrid cloud environments. The solution's cutting-edge features make it suitable for a multitude of use cases for startups and small and medium-sized enterprises. With built-in hardware-based security technology and confidential computing capabilities, the solution effectively shields sensitive data and digital assets. It enhances protection against both external threats and insider breaches by enabling scalable isolation
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