Sep 9, 2021
Big Blue Shines A Light On The Future Of Tape Storage
Posted by Quinn Sena in categories: business, robotics/AI
Circa 2020
IBM knows how to adapt to an ever-changing enterprise tech landscape. The venerable company more almost 20 years ago shed its PC business – selling it to Lenovo – understanding that that systems were quickly becoming commodity devices and the market was going to stumble. A decade later IBM sold its X86-based server business to Lenovo for $2.3 billion and in the intervening years has put a keen focus on hybrid clouds and artificial intelligence, buying Red Hat for $34 billion and continuing to invest its Watson portfolio.
However, that hasn’t meant throwing out product lines simply because they’ve been around for a while. IBM has continued to upgrade its mainframe systems to keep up with modern workloads and the bet has paid off. In the last quarter 2,019 the company saw mainframe revenue – driven by its System z15 mainframe in September 2019 – jump 63 percent, a number followed the next quarter by a 59 percent increase.
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