Why IBM Missed Sales Estimates

The video discusses IBM's mainframe refresh cycle and the decline in its Cognitive Solutions division, which is concerning due to its association with Watson technologies. It also covers IBM's cloud strategy, highlighting its late entry into the cloud market and competition from major players like AWS and Microsoft Azure. The video concludes with a discussion on IBM's challenges, including tough competition and a sizable legacy portfolio, which require patience for turnaround.

What are the main factors contributing to the decline in the Cognitive Solutions division?

What challenges does IBM face in modernizing its older clients?

How does IBM's hybrid cloud strategy differ from public cloud solutions?

In what ways has Microsoft gained an edge over IBM in the cloud market?

What investments has IBM made to address competition in the cloud sector?