Latest Breaking News On - Infrastructure support - Page 12 : comparemela.com

IBM (NYSE: IBM) recently announced mixed results for its second-quarter. The company continues to grow through acquisitions and recently bought Apptio, a Unicorn player whose founder I had spoken with a few years ago. IBM's Financials Revenues for the second quarter grew 0.4% to $15.48 billion, falling short of the Street's estimates of $15.58 billion. Adjusted earnings of $2.18 a share was ahead of the $2.01 that the market had estimated. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 8% to $6.6 billion. Revenue from Consulting including Business Transformation, Technology Consulting, and Application Operations grew 6% to $5 billion. Revenue from Infrastructure including Hybrid Infrastructure and Infrastructure Support fell 14% to $3.6 billion. IBM did not provide any outlook for the second quarter or the year. It did, however, mention that it expected constant currency revenue growth at the low end of

Andreessen horowitzEmployee stock option fundApptio incJanus capital groupHillman groupTechnology consultingPlatform solutionsHybrid platformTransaction processingBusiness transformationApplication operationsHybrid infrastructureInfrastructure supportWashington based apptio incVista equity partnersSharespost investment management