Friday, 26 July, 2024
IBM Sees Growth in Software and AI Demand Despite Consulting Decline
![IBM Sees Growth in Software and AI Demand Despite Consulting Decline](https://d3vnc3w6v6jm99.cloudfront.net/ibm-to-acquire-apptio-for--4-6-billion--strengthening-automation-capabilities-and-technology-investments.webp)
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.
Read full story at Communications Today