Following the spin-off of its managed infrastructure services into a separate company named Kyndryl last November, the big question for Armonk, New York-based IBM today is how the company will build its ability to monetize its expertise and software offerings.
At the time of the spin-off, IBM CEO Arvind Krishnan broke down the company’s strategy into three principal themes:
- Refocusing the company to optimize its technology and business expertise.
- Reorienting its entire portfolio around hybrid cloud and AI.
- Reinvigorating its ecosystem with an expanded network of business partners.
The goal, he said, was to overcome the most common barriers to innovation which he identified as closed systems, proprietary technologies, untrustworthy AI and insufficient security.
