Friday, 26 July, 2024

IBM Sees Growth in Software and AI Demand Despite Consulting Decline

IBM experienced a rise in revenue from its software and AI divisions, compensating for a decline in its consulting services. The increased demand for AI and software solutions has boosted IBM's financial performance, showcasing the company's strategic shift towards high-value technologies. Despite challenges in the consulting sector, IBM's focus on AI and software innovations positions it for future growth in an evolving tech landscape.