Tag: arvind krishna
Jim Whitehurst steps down as president at IBM just 14 months after taking role
In a surprise announcement today, IBM announced that Jim Whitehurst, who came over in the Red deal, would be stepping down as company president just 14 months after taking over in that role. IBM didn’t give a lot of details as to why he was stepping away, but acknowledged his…
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Red Hat CEO looks to maintain double-digit growth in second year at helm
Red Hat CEO Paul Cormier runs the centerpiece of IBM’s transformation hopes. When Big Blue paid $34 billion for his company in 2018, it was because it believed it could be the linchpin of the organization’s shift to a focus on hybrid computing. In its most recent earnings report, IBM…
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As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month’s announcement that the organization will be spinning out its infrastructure services business next year. While IBM wouldn’t confirm the…
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IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision
As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price. With Instana, IBM…
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IBM CEO Arvind Krishna wants to completely transform his organization
When IBM announced it was spinning out its infrastructure services business last month, it was surely a sign that the company was going all in on hybrid cloud. Today in an interview with Jon Fortt at the CNBC Evolve summit, IBM CEO Arvind Krishna made it clear that his whole…
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IBM stops work on facial recognition over human rights concerns
The backlash to facial recognition among governments is extending to corporate heavyweights. IBM chief Arvind Krishna has sent a letter (via Axios and CNBC) to Congress revealing that the company has exited its “general purpose” facial recognition bu… Source
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