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IBM’s cloud CTO: ‘We’re in this game to win’

IBM saw from the get-go that the cloud was going to cause a major disruption to its business.

“We knew it was a massive opportunity for IBM, but not in a way that necessarily fit our mold,” said Jim Comfort, who is now CTO for IBM Cloud. “Every dimension of our business model would change — we knew that going in.”

Change they have, and there’s little denying that the cloud businesses is now a ray of sunshine brightening IBM’s outlook as its legacy businesses struggle. In its second-quarter earnings report last week, cloud revenue was up 30 percent for the quarter year over year, reaching $11.6 billion. Revenue from systems hardware and operating systems software, on the other hand, was down more than 23 percent.

Today, cloud is one of three key pillars of the strategy articulated by IBM chairman, president and CEO Ginni Rometty.

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