International Business Machines Corp (IBM) is an information technology (IT) company that provides hybrid Cloud and artificial intelligence (AI) solutions. The company operates its business through four segments – Software, Consulting, Infrastructure, and Financing. The Software segment offers a hybrid cloud platform and software solutions. It comprises two business areas – hybrid platform and solutions and transaction processing. The hybrid platform and solutions include AI-based software that helps clients manage their IT resources and business processes within hybrid and multi-cloud environments. It consists of Red Hat, the software providing enterprise open-source solutions such as Red Hat Enterprise Linux (RHEL), OpenShift, its hybrid cloud platform, and Ansible. Through transaction processing, IBM provides software that helps with clients’ on-premises workload in industries such as banking, airlines, and retail. It includes transaction processing software such as customer information control system and storage software, and the analytics and integration software running on IBM operating systems such as DB2 and WebSphere. The consulting segment offers industry expertise and capabilities in business transformation and technology implementation. It designs and builds open, hybrid cloud architectures and improves critical workflows and business processes with IBM and ecosystem partner technologies. IBM’s Infrastructure segment provides secure solutions for hybrid Cloud and is the foundation of the hybrid cloud stack. It is integrated with IBM software including Red Hat for accelerated hybrid cloud benefits. This segment includes remanufacturing and remarketing of used equipment with a focus on sustainable recovery services. The company’s Financing segment helps IBM customers with the acquisition of information technology systems, software, and services through its financing solutions.
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