IBM And Trillion

What got me going on this subject is IBM (NYSE:IBM): I’ve been long and wrong for some time now, because I share the company’s belief that AI (artificial intelligence) is the next big thing and the company is the leader in that field. At their investor conference last week, they announced that they are emerging as a cognitive computing and cloud solutions provider. The market’s reaction has been a combination of skepticism and indifference. Quantifying the Opportunity Here’s a slide presented by John Kelly, IBM’s SVP Cognitive Solutions and Research: Click to enlarge $2 trillion is a big number. Now IBM has $82 billion, or 6.8%, of the current $1.2 trillion spend. Assuming they get the same share of the additional $2 trillion, revenue comes in at $137 billion. Net…


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