IBM CEO Says Red Hat Deal Is About the 'Hybrid-Cloud'

The transcript discusses IBM's acquisition of Red Hat and its impact on IBM's position in the hybrid cloud market. It highlights the importance of hybrid cloud for clients, IBM's partnerships with major cloud providers, and the company's revenue growth. The synergy between IBM and Red Hat is emphasized, along with the challenges of global data transfer regulations. The acquisition is seen as a strategic move to enhance IBM's capabilities and client offerings.

How does IBM's approach to hybrid cloud differ from traditional cloud models?

In what ways does IBM's hybrid cloud platform provide value to clients?

What are the expected benefits of combining IBM and Red Hat's technologies?

What challenges does IBM face in the hybrid cloud market?