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by mathattack 22 days ago
Interesting. My observation on IBM is their entire business model is:

1 - Audit your customers

2 - Buy back shares

3 - Force early retirements

It was easy to see why Watson failed in that environment. The revenue was “We’ll let you out of the $6mm audit bill if you buy $2mm of Watson”. Companies would agree, install better asset management, and never put Watson into production.

I couldn’t imagine Quantum Comouting surviving there. Spinning it off the best play.

3 comments

Their business model is more like make a lot of noise about high tech, then hire h1bs to do routine IT work their corporate customers do.
That's Kyndryl: They spun it off into it's own entity after "IBM Global Services" had such a (deservedly) poor reputation that they were scraping the bottom of the barrel for clients and employees. Not that Kyndryl is any better, but it's enough of a rebrand that you might fool decision makers for the few minutes that it takes to get them to buy in.
Their corporate customers also do that to their own customers.
Also buy Red-Hat and in the process own quite a few FOSS projects.
A business model that currently the Linux ecosystem benefits from, between Linux kernel, GCC, Wayland, GNOME, systemd, Java, Go, Rust.
they've just spun off the first quantum computer pure-play, the highest of techs, the greenest of green-fields, and your observation is "IBM doesn't do this"