Is IBM In Trouble? | Fortune
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- Опубликовано: 29 окт 2024
- Bridget van Kralingen of IBM discusses the company's transformation and also reveals a new chip that can power your phone for a week.
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I would echo Gurdeep and Alan have said, having been at IBM for just under 4 years now I am amazed at how we are transforming to meet the demands of a constantly changing landscape and I count myself very fortunate to work with some extremely talented individuals
Disclosure: I've invested in IBM stock in the past. Same old PR machine. Still flogging Watson after nearly 2 years (a long time for tech). Even odder for a company that CEO Gersnter claimed was becoming a service company 20 years ago. Yet only 1/5th of the company (100k emps) is in services after 20+ years of going that way? A few years ago they were going to India because that's where growth was going to happen. It did not happen. We heard about China, but now not so much. Now it's Africa? We've heard Y2K, Internet 2, ... were all going to be the future. They have not hit one over the wall for decades. It seems that these days they say anything to get some share of attention and / or to pump their stock prices, but when I look at what they say and what they make (and make money on), they don't line up at all.
Services is no longer attractive for top management because profit is limited due to labor needs, and seems clear that is not one of new key business areas... cloud, mobile and analytics seem to be the mantra these days...
Two years,hahaaa,Im still using ibm server from first century, it makes quick bypasses seem slow bus drive of fast tech progress ,yes!! But no chance of critism it only prooves unknown 'application', use,think about it you dont live where there usefull successful infallable absolute machines that solely continue attempted communication with looky crazed weirdo sky fallen psyco starring couch potatoes picking spots off too code more looky loon outs of punch card into trench warfares,word,lol? Most of em 'are anonymous 'old home pc's,yeah?!!!Suburu electric cars running round solar piwered recycled routes built in a month by what'laboyr' Thinkings just too much right?Daze see faze C key media ride a thru,o,note laze scene its just linked back too stale cold brew,yawn...
Well, she managed to drop virtually every contemporary buzzword and phrase in the first six minutes. But she never apologizes for Lotus Notes.
I agree with Alan's comments below. IBM is constantly transforming and have great people working for it.
As an IBM technical specialist (working recently for a teir-1 service provider) and dealing with hardware from the IBM System 3 (in the 1970s) to Power 7, I think I have a fair understanding on this issue. This person works in marketing and what she is saying is far from reality. Many IBM systems are now considered legacy such as iSeries and are definitely on the decline. The hardware, software and SWMA costs are extortionate for a start. IBM Customers are jumping ship for more cost effective solutions. iSeries staff are now finding it increasingly more difficult to find jobs in cities where such work was previously abundant and lucrative. The AIX / Unix / Storage (Tivoli) side of things is a bit different. This has always been deemed a more specialist area. Let's put it this way, I have spent the last five years of my life trying to move away from IBM in order to secure a future, which fortunately for me, has been a very successful decision; despite me not personally being focussed on IBM-i.
I read these comments and have to wonder if IBM sent an email around to "good employees" and asked them to comment on this video.
Ooohoo,you wont get ME Ai part of the onion
Dont know about Servers, Storage but Services is surely down and will continue going down. Their principles have changed and employee retention is a huge issue. Not an attractive employer anymore may be in the bottom of Top 25.
The headline is deceiving. IBM has been around for over 100 years. Apple and Microsoft, Oracle cant compete with that. Our Innovation is unmatched. We will be around for another 100 years.
Strange, Bridget talks in the first 5 minutes of investment in people, training etc. I left IBM UK least in 2014 after 15 years with them. I promise you that there is absolutely no investment in people whatsoever. The training budgets have been frozen for the past six or seven years. There is no career path for a techie in IBM - if you want to become a manager, fine. But a technical career? Forget it. Bridget has either no clue about what is happening on the ground, or is fibbing.
Mike ekiM watson took your job lol
Idrankyourcoffeewhileyouwerereadingmyusername Yeah, that's hilarious.I resigned.
I walked into a job with a 30% pay rise, fewer hours and a better benefits package. I have less stress and I am doing more of the work I love. After 15 years with IBM I was a very long way behind the market pay for my skill set.
Watson is a noun, so you should use a capital 'W'. Whilst sentences normally start with capitals, but they always finish with a full stop (a period for our colonial cousins), you seem to have missed that too.
I feel I should congratulate you however on choosing the correct spelling of 'your'. It is by far the most intelligent thing in your post.
Watson is capable of 'understanding' questions in natural language. It then scans it's database for likely answers.
Because it's a machine, it doesn't really understand anything, so the answers are ranked according to their probability of answering the question.
It is a Q & A machine. It is not capable of replacing a technical grunt like me, because it can not interpret a spec. and design a product.
I have twenty years left before I retire, in that time neither Watson, nor Watson's descendants will not be capable of replacing either of us. Watson will not be replacing anyone, to assert otherwise shows a deep lack of understanding.
Now, let's get back on topic. Do you have an intelligent comment to make about anything that Bridget said in this interview?
Invesment in people are falling because revenure and operating income of IBM are falling. Duh enjoy your comfy job at IBM sweating your fat ass moving around data-centers.
+Mike ekiM
For the next 20 years whatson will not replace you, Most probably you or someone else will be hired to teach orcreate whatson.
After 20 we will see , but I doubht than even after 20 years whatson can replace human .
But he can help the humans in decision making. You don't need to google for information and compaew it Whatson ca do it for you;)
50.000 analytics consultants. We are full of consultants and managers. They dont even try to invest in service delivery. So many underpaid employees. Service delivery is dying and they still speak about investments in analytics and management BS. So the answer to that video would be, YEs IBM is and will remain in trouble as long as ¨Ginni in a bottle¨ keeps pursuing only profit and neglects employees. Bridget forgot to mention any possible investments on underpaid employess.
But all the above dont matter. Its all about cloud analytics and innovation. They suddenly remembered to pursue first place at cloud services. They have probably missed Google, Apple and Microsoft.
No worries though. Such excellent products like Lotus Notes and Domino along with the cloud will save IBM.
LAME
Ginni in a bottle? I've come up with a few nicknames that are much more unsavory. The raises haven't been great since Y2K, but I was satisfied with the much needed variable payout I'd get in March. This year in a move that took more chutzpa and contempt than any IBM exec has ever had, Ginni denied every single employee (except top management) that payout. Having it taken away after 17 years, with no regard to the impact it would make on our families, I realized exactly where I stand as a value to IBM. I'm going to stop here..and thanks for your original comment.
+Ntinsky They have probably missed Google, Apple and Microsoft.
And maybe the amazon web services :)
Might be why lazy attempt sofa slipper drag isnt what luselgenerally long agreed for BUT think out of box is very hard work when your nob mafia ring crimmy nutters fog tar ring i rosets fire work E tars jonny get yer gun we iwn ares,prop part tea boss ton?
I want IBM laptops back
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Yeah, and Charlie Chaplin with the PC; that was great, too.
Think Ipads wiooo....
Dinosaur Technology for people who buy "names" instead of shopping for hardware.
Trex melts in yer Moa oath, yet cant get me AM oart if the union
Pretty cool - IBM is reinventing is Industry - watch this video - if you have no time start watching at 17:30
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Leadership in Business paragons for our young ones who need to see how we oldies "change the world" depsite our education.
As an young engineer of Building Environmental and Fire Protections systems I now help manage IT systems and risk.
Bridget van Kralingen says Commerce and Pychology educations led her to the world of IBM and Watson's potential as a Delivery mechanism for Symantec Neural Networks.
www.linkedin.com/pub/bridget-van-kralingen/15/244/895
The 15 Min mark is a nice spot to show your youngones especially your girls. Bridget describes how she came to be talking Neural Networks.
Go Girl Effect !
Riiiiiiiiiiiight (Dr.Evil)
5:00 Man, Google has snagged away that boat as well. Google's Tensorflow has already built that ecosystem instead of IBM's Watson and will soon reap the financial benefits of it very soon.
the internet of things is its limbs, and Watson is its brain. this is the rise of the machines!
5
Hahaa,are you a policeman?
IBM seem to be turning into a marketing company. New smaller players are the solution providers of tomorrow.
Yeah how yer then slag em for seeming too you too be ikay Im sorry but theyre all done as common mass media is shell shocking obelisk tree hangings 'outlook'yer say lis yer right'cry for loony leaders then complain learny curve is not auto electric TV armchair lie back stop doodle bugging wrong?
my high school is the old ibm building in atlanta ga (north atlanta high school)
IBM in trouble? Smartest people I've ever known work at IBM and I could recount the countless times over the years that IBM was ahead of the game as they are now but I won't waste my breath here. I've worked for IBM nearly half my life, we are not going anywhere and we will be around long after proprietary companies like Apple and Microsoft have gone the way of the dinosaur.
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"The Emperor's New Cloths !" ...........
1:14 - Bridget looks evil there.
Together with Ginni, they're certainly gong to "transform" IBM into the next Sears.
Interesting.
Certainly a break through in the world of technology and development, but there is one thing, Watson will be giving "advices", IBM and other vendors want to make money, so, will the information provided by Watson be biased, in the favor of the vendor, rather more than the end user?
A.I. is programmed, and not cognitive by itself.
Watson is clearly the only shit they are doing with importance for the future.
Well,hell,whats on your MIND?
HP had female ceo and look where is it now.
Not surprising for IBM
Is this Jeffery Skilling's twin sister? This company is done. some parts might be ok but who can buy a Watson and why would they? Have you used IBM (lotus) Notes? That is IBM software leading the way... in the sea. This company is OUT OF CONTROL and I doubt it has too much of a future. They might "have" a lot of money but they have been spending it poorly and the customers (the HUGE customers) are not going to tolerate the prices IBM charges for EVERYTHING.for too much longer and you can only sell off so many divisions before your brand name power actually dies off (kind of like the old DEC and GM among others).
This is company all about "going to happen" fanciful things - no concert examples of customer success with extremely expensive research projects. Pretty sad story developing in good old Armonk, NY.
IBM has been very strong in all 4 Ss, Software, Services, Storage and Servers. But cloud is converging all these distributed complex and expensive components into one broad platform. IBM must wake up to address this predicament and unwanted direction. The private clouds are the only space they still have some opportunities. But CIOs are changing their mindset from CAPEX to OPEX ( which is cloud). Today a small enterprise can buy units of computing power at par a large enterprise and able to reach globally like never before. The presentation of their cloud data/info is happening either through browser or a dedicated private app on the device. Where is IBM value add in this entire scenario?!
Give me new Intellistations. That's it. =)
IBM will be just fine
bridget has a dutch name
They cud have picked a better 'interviewer' !!!
Oh I don't know, she seemed to be there to ask the right questions to make IBM look good. If you know the history of IBM and punishing companies that don't play nicely like when Gerstner cancelled all future ads with Fortune because they did not write a positive (it was more neutral) article about him, then this is what you'd expect.
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