In order to understand IBM’s position in the cloud market, we compare the company’s cloud revenues with Amazon’s and Microsoft’s cloud revenues. Comparing Cloud RevenuesTotal cloud revenues appear to be comparable across Amazon, Microsoft and IBM. In order to understand the weakness in IBM’s cloud business, we dig deeper into:contribution of cloud revenues at a segment levelgrowth in segment cloud revenues versus that of the overall segmentchange in contribution from cloud revenues to segment revenuesOur note What Are IBM’s Key Revenue Drivers And Highest-Growth Revenue Streams? Global Business Services Segment: Over the last two years (2016-18), Global Business Services revenue from cloud grew faster than overall Global Business Services revenues. Over the last two years (2016-18), Technology Services & Cloud Platforms revenue from cloud grew faster than overall Technology Services & Cloud Platforms revenues.

Source: Forbes June 04, 2019 06:33 UTC