Skip to main content

IBM Names Arvind Krishna CEO, Replacing Ginni Rometty

An anonymous reader writes: IBM named Arvind Krishna as chief executive officer, replacing longtime CEO Virginia Rometty. Krishna, 57, is currently the head of IBM's cloud and cognitive software unit and was a principal architect of the company's purchase of Red Hat, which was completed last year. Rometty, 62, will continue as executive chairman and serve through the end of the year, when she will retire after almost 40 years with the company, IBM said in a statement Thursday. The shares rose about 5% in extended trading.

Since becoming IBM's first female CEO in 2012, Rometty had bet the company's future on the market for hybrid cloud, which allows businesses to store data on both private and public cloud networks run by rivals such as AmazonWebServices and Microsoft Corp.'s Azure. By then Big Blue, once the world leader in technology, had lagged behind competitors for years after largely missing the initial cloud revolution under her predecessor, Sam Palmisano. The announcement comes as a "welcome and overdue leadership change," said Wedbush Securities analyst Moshe Katri. "At least that's how we're looking at it -- and obviously the market seems to agree." "Krishna, her successor, was the mastermind behind the Red Hat deal. He proposed the acquisition to Rometty and the board, suggesting hybrid cloud is the company's best bet for future growth," adds Bloomberg. "He has led the development of many of IBM's newer technologies like artificial intelligence, cloud and quantum computing."

"Prior to IBM adopting its hybrid multi-cloud strategy, the company had a walled-garden approach to cloud computing, largely focusing on its own services. Krishna spearheaded IBM's shift toward hybrid, prompting the company to work with rival providers rather than compete against them."

Slashdot reader celest adds: In case there were still any doubts that IBM is turning into Red Hat, not the other way around, Red Hat CEO Jim Whitehurst has just been named President of IBM. (Full disclosure: I'm the open-source strategy guy at IBM Canada).


from Slashdot: News for nerds, stuff that matters https://ift.tt/2UmqmQP
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

One of the Most Destructive Botnets Can Now Spread To Nearby Wi-Fi Networks

The sophistication of the Emotet malware's code base and its regularly evolving methods for tricking targets into clicking on malicious links has allowed it to spread widely. "Now, Emotet is adopting yet another way to spread: using already compromised devices to infect devices connected to nearby Wi-Fi networks ," reports Ars Technica. From the report: Last month, Emotet operators were caught using an updated version that uses infected devices to enumerate all nearby Wi-Fi networks. It uses a programming interface called wlanAPI to profile the SSID, signal strength, and use of WPA or other encryption methods for password-protecting access. Then, the malware uses one of two password lists to guess commonly used default username and password combinations. After successfully gaining access to a new Wi-Fi network, the infected device enumerates all non-hidden devices that are connected to it. Using a second password list, the malware then tries to guess credentials for each...
Post a Comment
Read more

Under Armour's New Smart Sneakers Are Ugly as Sin But Good for Running

54 min ago Save Reviews 54 min ago Reviews 54 min ago Reviews Under Armour's New Smart Sneakers Are Ugly as Sin But Good for Running Victoria Song 3 Save Last year I reviewed Under Armour’s HOVR Infinite shoes , which sync with your smartphone to offer running data from the built-in Bluetooth chip. I was pleasantly surprised by how much I enjoyed working out in them. I expected the shoes to be more gimmick than substance, but the personalized gait-coaching actually… from Gizmodo | We come from the future https://ift.tt/38uP45x via IFTTT
Post a Comment
Read more

Dark Mode vs. Light Mode: Which Is Better?

Recently a well-respected UI consulting firm (the Nielsen Norman Group) published their analysis of academic studies on the question of whether Dark Mode or Light Mode was better for reading? Cosima Piepenbrock and her colleagues at the Institut für Experimentelle Psychologie in Düsseldorf, Germany studied two groups of adults with normal (or corrected-to-normal) vision: young adults (18 to 33 years old) and older adults (60 to 85 years old). None of the participants suffered from any eye diseases (e.g., cataract)... Their results showed that light mode won across all dimensions : irrespective of age, the positive contrast polarity was better for both visual-acuity tasks and for proofreading tasks... Another study, published in the journal Human Factors by the same research group, looked at how text size interacts with contrast polarity in a proofreading task. It found that the positive-polarity advantage increased linearly as the font size was decreased: namely, the smaller the fon...
Post a Comment
Read more