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  4. This dinosaur isn’t extinct yet

This dinosaur isn’t extinct yet

Scheduled Pinned Locked Moved Off Key - General Discussion
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  • wtgW Offline
    wtgW Offline
    wtg
    wrote last edited by wtg
    #1

    In the age of cloud computing, it's easy to forget that IBM (NYSE: IBM) still sells its hulking mainframe systems. Following IBM's fourth-quarter earnings report, it's clear that the mainframe business is not only surviving but also thriving.

    Here's an incredible fact IBM CFO Jim Kavanaugh disclosed during the earnings call: IBM's mainframe business recorded its best fourth quarter revenue in more than 20 years. Revenue soared 61% year over year, adjusted for currency, driving a 17% increase in the infrastructure segment.

    https://www.msn.com/en-us/money/technologyinvesting/this-outdated-ibm-technology-just-did-something-it-hasn-t-done-in-20-years/ar-AA1Vo7fr?ocid=hpmsn&cvid=697eb4c6fb534c1e908c7768cf81270b&ei=32

    When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

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    • MikM Offline
      MikM Offline
      Mik
      wrote last edited by
      #2

      The more things change the more they stay the same. Makes sense that they are useful for AI.

      “I refuse to answer that question on the grounds that I don't know the answer”
      ― Douglas Adams

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      • Piano*DadP Offline
        Piano*DadP Offline
        Piano*Dad
        wrote last edited by
        #3

        My first IBM mainframe ... 😊

        Link to video

        Crazy economist who likes to write about higher education.

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        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote last edited by
          #4

          What's next? HP telling the world the Cray Supercomputer business is picking up again?

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          • MikM Offline
            MikM Offline
            Mik
            wrote last edited by Mik
            #5

            Possibly. All just tools, and it depends on what job you need done.

            “I refuse to answer that question on the grounds that I don't know the answer”
            ― Douglas Adams

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