In an article on The Street, it was reported that major tech companies performed well in the holiday season and the year 2014 overall. International Business Machines Corp. (NYSE:IBM) also performed quite well in some areas, but generally speaking, the company couldn’t depict a massive stock surge. International Business Machines Corp. (NYSE:IBM) lost around 3% of its value in 2013 as well. The source said that there are certain steps, both in market and product areas, which are needed to be taken by International Business Machines Corp. (NYSE:IBM) to get back in action.
International Business Machines Corp. (NYSE:IBM) has some positive numbers as well. The company recorded 4% growth in profit this year as compared to 2013. The market cap is gigantic $160 billion. But the source said that International Business Machines Corp. (NYSE:IBM) is in a problem because investors are more interested in revenues, which have declined by 4.55%.
International Business Machines Corp. (NYSE:IBM) must fixate all its efforts on Cloud in 2015. The Enterprise and small businesses are migrating from on-premise systems to Cloud. In spite of the security issues, Cloud and Big Data are two of the most swiftly growing areas around the world. International Business Machines Corp. (NYSE:IBM) can outplay its competitors in Cloud with innovation, customizable solutions and platforms.
The source recommended that International Business Machines Corp. (NYSE:IBM) should buy Redhat, a Cloud company. This will reinstate IBM credibility in the industry. International Business Machines Corp. (NYSE:IBM) must focus on platform-as-a-service (PaaS) and OpenStack technologies in order to leverage the Enterprise with more control and robust solutions.
Microsoft and Oracle are the primary competitors of International Business Machines Corp. (NYSE:IBM). International Business Machines Corp. (NYSE:IBM) must couple its hardware related innovation with private and public Cloud platforms to seize the market.
As of June 30, 2014, Ken Fisher’s Fisher Asset Management owns over 18 million shares in Intel Corporation (NASDAQ:INTC).
Suggested Articles:
Cheapest Boarding Schools in Europe
Highest Paying Seasonal Jobs In America
