IBM Rises After 2Q Results Show Software Unit Gain

IBM Rises After 2Q Results Show Software Unit Gain

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The transcript discusses IBM's performance in the May quarter, focusing on the strategic imperatives group, which includes Watson, cloud, and cybersecurity. Despite growth, the revenue increase has been declining. Other segments show weak numbers, and the hardware segment remains problematic. IBM is undergoing a significant transformation to become a cloud company, involving cost relocation and workforce changes. Progress is slow, and the strategic imperatives' growth is concerning. CEO Ginni Rometty's performance is evaluated, considering the transformation's scale, with mixed views on her effectiveness.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of IBM's business is made up by the strategic imperatives group?

50%

25%

38%

60%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which segment of IBM's business is described as a 'thorn'?

Cloud business

ERP services

Cybersecurity

Hardware segment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges IBM faces in its transformation?

Increasing workforce size

Reducing cybersecurity threats

Maintaining traditional services

Shifting to a cloud company

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is IBM's transformation performance rated when adjusted for size?

Below average

Outstanding

Average

Above average

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final outcome of IBM's transformation described as?

Already successful

Yet to be determined

A complete failure

Irrelevant