With IBM Corp. splitting its business into two companies to build focus on hybrid cloud and artificial intelligence (AI), up to one-fourth of its India employees are expected to be part of the new entity, Arvind Krishna, chief executive officer, IBM said on Friday.
Analysts believe it is a step in the right direction. “This move mirrors the tough call that IBM took ages ago when it let go of its PC business and sold to Lenovo. There’s power in focus, and growth is much more likely when an entire company is aligned to select areas of core strength and importance,” said Sanchit Vir Gogia, CEO & chief analyst, Greyhound Research.HT Mint
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