Will Relatively Higher Software Revenues Aid IBM's Earnings in Q4? [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 with a strong focus on product innovation and the growing clout of watsonx.ai across various sectors. The Software segment includes Hybrid Cloud (previously reported as Red Hat), Automation and Data and Transaction Processing. During the fourth quarter, IBM inked a partnership with S&P Global Inc. SPGI to equip business enterprises with AI-powered tools for effective supply chain management. Per the collaboration, IBM's watsonx Orchestrate agentic framework will be embedded into S&P Global's supply chain and vendor selection tools for key insight and improved visibility. Leveraging S&P Global's proprietary data, research and analytics along with IBM's AI capabilities, the partnership aims to expedite the decision-making process across supply chain management. In the quarter under review, IBM collaborated with Groq, which specializes in fast and affordable inference inf
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