"Waterfall" with detailed project schedules in tools like MS-Project (which BTW, is still useful for all-process oriented projects). I'm a little confused by the article since the parts of IBM I've seen have been using Agile for years (scrums, iterations, epics/themes/stories).
The article isn't talking about the teams that develop software that is sold to customers but about the internal Ops team that comes under the CIO's office.