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IBM pins hybrid cloud strategy to generative AI play

May 10, 2023

Via: CIO Dive

The new AI capabilities are part of a broader hybrid cloud strategy, which aims to help organizations integrate multicloud and on-prem ecosystems. The company remains committed to enterprise hybrid cloud solutions as its pathway to relevance in a market dominated by hyperscalers AWS, Microsoft and Google Cloud.

IBM’s share of the global cloud market is just 3%, according to Synergy Research Group’s April analysis of enterprise spending on infrastructure services. The hyperscalers command nearly two-thirds of the market.

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