Tag Archives: slides

IBM’s cloud and data analytics grow as overall revenue slides

IBM’s revenue continued to decline in the second quarter but growth in some of its strategic initiatives like cloud computing and data analytics suggest that the company may be on track in its transition plans. The Armonk, New York, company … Continue reading

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Oracle profit slides 24% as customers move to the cloud

Oracle has reported a sharp drop in profit for the quarter just ended, with customers spending more on its cloud services but less on software that runs in their own data centers. Chairman Larry Ellison portrayed the shift as a … Continue reading

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