Healthcare IT News October 9, 2020
Mike Miliard

By keeping its storied brand name associated with its cloud platform and artificial intelligence work, while splitting off a new company focused on managed infrastructure services, Big Blue is gearing for an innovative but competitive future.

IBM announced Thursday that it will split into two separate companies – with one firm maintaining the three letters that date back nearly a century, and a newer publicly-traded operation that as of today is known simply as NewCo.

IBM will be focused even more intently on innovating its cloud platform and artificial intelligence tools, helping healthcare and other customers continue their digital transformation efforts, executives say. NewCo, meanwhile, will concentrate on helping clients drive operational efficiencies and revenue through infrastructure modernization and IT...

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Topics: AI (Artificial Intelligence), Cloud, Technology
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