Pole-vaulting Unicorn Wins Olympic Gold

Reading time: 3 minutes. Don’t believe in fairy tales! Consider this story: “Today there is only a 4%-8% adoption rate of AI within the corporate world. Within the next 18-24 months we are likely to see this rate explode to 80%-90%.” Fortune’s Demystifying Artificial Intelligence in the Corporation (9 October 2019) citing senior IBM executive, Rob Thomas. The first half of this quote — current state — is way below the vendor and industry analyst-driven consensus in the market. The second half is quite the opposite, way above the market consensus. I have never seen anyone, anywhere, credibly suggest an “overnight” change of that magnitude. What’s going on…

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IBM’s CEO Big Bet: Can Red Hat Deal Save Cloud Services Roads to Revenue?

Key takeaway – The Red Hat acquisition can be a win-win for IBM and CIOs’ multicloud strategies, so long as IBM resists the temptation to overload Red Hat solutions with IBM services. IBM’s CEO Rometty acquired Red Hat Inc for $34 billion to turn around cloud computing services. This is IBM’s largest acquisition in over 100 years, according to Reuters. IBM agreed to pay Red Hat shareholders $190 a share, or a high 63% premium over its value, as reported by Bloomberg media. IBM has had some missteps in the cloud computing execution over the last five years. It is in 4th place in cloud leadership behind Amazon…

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