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IBM Corp | 8-K: IBM 2q24 Earnings Prepared Remarks

IBM Corp | 8-K: IBM 2q24 Earnings Prepared Remarks

IBM Corp | 8-K:IBM 2024年第二季度盈利準備報告
美股SEC公告 ·  07/25 16:14

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IBM Corp reported a strong second quarter in 2024, with Chairman and CEO Arvind Krishna and CFO Jim Kavanaugh presenting the earnings on July 24, 2024. The company saw solid revenue growth, profitability, and cash flow generation, driven by robust performance in Software and Infrastructure, while Consulting remained below model. IBM's hybrid cloud and AI strategy, including the introduction of watsonx and generative AI, has been a key growth driver. The company's AI strategy focuses on smaller, cost-effective models and hybrid cloud deployment, with open-source Granite models and tools like InstructLab for model tuning. IBM's generative AI-related business has already exceeded $2 billion, with a significant portion coming from consulting signings. Investments in automation, including the acquisition of...Show More
IBM Corp reported a strong second quarter in 2024, with Chairman and CEO Arvind Krishna and CFO Jim Kavanaugh presenting the earnings on July 24, 2024. The company saw solid revenue growth, profitability, and cash flow generation, driven by robust performance in Software and Infrastructure, while Consulting remained below model. IBM's hybrid cloud and AI strategy, including the introduction of watsonx and generative AI, has been a key growth driver. The company's AI strategy focuses on smaller, cost-effective models and hybrid cloud deployment, with open-source Granite models and tools like InstructLab for model tuning. IBM's generative AI-related business has already exceeded $2 billion, with a significant portion coming from consulting signings. Investments in automation, including the acquisition of Apptio and the planned acquisition of HashiCorp, have contributed to growth. IBM Z continues to be integral in clients' hybrid cloud environments, with the z16 cycle performing well. Quantum computing advancements were also highlighted, with updates to Qiskit. The company raised its free cash flow expectations to over $12 billion for the year, reflecting confidence in its business fundamentals and investment strategy.
ibm corp在2024年第二季度報告了強勁的業績,公司主席兼首席執行官Arvind Krishna和首席財務官Jim Kavanaugh於2024年7月24日宣佈了業績。公司收入增長、盈利能力和現金流持續增長,主要由於軟件和製造行業的強勁表現,諮詢業務仍低於預期。ibm的混合雲和人工智能策略,包括引入watsonx和生成AI,已成爲關鍵的增長驅動力。公司的人工智能戰略側重於更小、成本效益更高的模型和混合雲部署,採用開源Granite模型和像InstructLab這樣的工具進行模型調整。ibm的生成AI業務已經超過20億美元,其中相當大的一部分來自諮詢簽約。自動化投資,包括收購Apptio和...展開全部
ibm corp在2024年第二季度報告了強勁的業績,公司主席兼首席執行官Arvind Krishna和首席財務官Jim Kavanaugh於2024年7月24日宣佈了業績。公司收入增長、盈利能力和現金流持續增長,主要由於軟件和製造行業的強勁表現,諮詢業務仍低於預期。ibm的混合雲和人工智能策略,包括引入watsonx和生成AI,已成爲關鍵的增長驅動力。公司的人工智能戰略側重於更小、成本效益更高的模型和混合雲部署,採用開源Granite模型和像InstructLab這樣的工具進行模型調整。ibm的生成AI業務已經超過20億美元,其中相當大的一部分來自諮詢簽約。自動化投資,包括收購Apptio和計劃收購HashiCorp,推動了公司的增長。在客戶的混合雲環境中,ibm Z仍然是至關重要的,並且z16週期表現良好。量子計算的進展也受到了關注,Qiskit也有了更新。公司提高了自由現金流的預期,預計超過120億美元,這反映了公司對其業務基本面和投資策略的信心。
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