IBM CCO on Buying Apptio for $4.6 Billion

The transcript discusses IBM's acquisition of Aptio, highlighting its strategic fit in IBM's hybrid cloud and AI strategy. The conversation covers IBM's M&A approach, market trends, and the importance of optimizing tech spending. Aptio's role in managing IT spend and its potential to drive innovation is emphasized, aligning with IBM's focus on automation, AI, and hybrid cloud solutions.

What is the primary function of Aptio as described in the video?

• A tool for customer relationship management

• A platform for social media marketing

• A software for financial auditing

• A virtual command center for technology spending

What is IBM's approach to mergers and acquisitions as mentioned in the video?

• They focus solely on public market deals

• They are open-minded and strategic about M&A

• They avoid M&A due to high risks

• They only acquire companies in the tech sector

Which area is NOT mentioned as a focus for IBM's investment?

• Data cybersecurity

• Retail expansion

• Sustainability

• Hybrid cloud

What is IBM's stance on prioritizing AI and automation?

• They do not focus on AI or automation

• They prioritize automation over AI

• They prioritize AI over automation

• They focus on both AI and automation equally

What is a key benefit of IBM's hybrid cloud strategy?

• It reduces data security

• It offers flexibility and cost optimization

• It increases compute costs

• It limits applications to a single cloud

How does IBM view the role of data centers in their strategy?

• Data centers are only for AI operations

• Data centers are being phased out

• Data centers are the sole focus

• Compute can happen anywhere, not just in data centers

What is the ultimate goal of the Aptio deal according to IBM?

• To increase labor costs

• To limit innovation

• To unleash innovation and increase investment in hybrid cloud and AI

• To focus solely on public cloud solutions