IBM – Transformation Is Commonplace, Evolution Is Hard
IBM’s System and Technology Group (STG), the company’s core hardware product organization, has been hosting annual analyst summits to discuss current events and future plans for about as long as I’ve been an analyst. That said, the summit held last week in Greenwich, Conn., finds STG and IBM at what some might describe as a crossroads facing significant changes in and challenges to its traditional markets.
The title of former IBM CEO Lou Gerstner’s memoir – “Who Says Elephants Can’t Dance?” – seemed entirely appropriate when it was published in 2002, but it’s arguable that the company needs to tap into some new steps and moves to deal with its current challenges. Those issues were detailed pretty succinctly by SVP Steve Mills, who leads both STG and IBM’s Software Group (SWG), in a Q&A session.
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NOTE: This column was originally published in the Pund-IT Perspectives.