New IBM CEO begins in top role, stresses need to 'win the architectural battle in cloud' [MarketWatch]
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Source: MarketWatch
Arvind Krishna began as the new chief executive of International Business Machines Corp. Monday and penned a note to employees about his strategic priorities. He wrote that the company needs to "deepen our understanding of IBM's two strategic battles," which he deems to be "the journey to hybrid cloud and AI." He also said that the company needs to "win the architectural battle in cloud" by establishing "Linux, containers and Kubernetes as the new standard." He expects that the company can turn Red Hat OpenShift into the "default choice for hybrid cloud in the same way that Red Hat Enterprise Linux is the default choice for the operating system." IBM shares are up 5.7% in Monday morning trading. The stock has dropped 12% over the past month as the Dow Jones Industrial Average has fallen 15%.
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