The powers of generative AI extend to helping the age-old concept of a proprietary enterprise operating system and hardware flourish, if IBM's Q2 2024 results are any guide.
How to use generative AI for app modernization
Big Blue on Wednesday [PDF] announced quarterly revenue of $15.8 billion — a two percent jump that would have been four points if not for exchange rate changes.
Software revenue increased by eight percent and infrastructure revenue increased by three units.
IBM's Z business, which is all about mainframes, rose eight percent — two points ahead of Big Blue's hybrid infrastructure.