{"id":7614,"date":"2009-01-21T11:07:22","date_gmt":"2009-01-21T11:07:22","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/learn_from_ibm_add_services.html"},"modified":"2009-01-21T11:07:22","modified_gmt":"2009-01-21T11:07:22","slug":"learn-from-ibm-add-services","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/learn-from-ibm-add-services.html","title":{"rendered":"Learn From IBM: Add Services"},"content":{"rendered":"

IBM has shown us that services are a great way to keep your revenue stable or even growing in a slowdown. When companies slash jobs they still need to get work done and this is where companies with strong service arms come in.<\/p>\n

I believe we will see a few classes of tech and communications companies this year and next. Those companies with services revenue will outperform and those without may struggle.<\/p>\n

Here is an excerpt from an article<\/a> on IBM’s earnings in a Hudson Valley newspaper:<\/p>\n

In 2008, 40 percent of IBM’s profit came from software, 42 percent from services and just 9 percent from hardware.<\/p>\n

In the fourth quarter, IBM’s consulting arms reported new services signings of $17.2 billion, with 24 deals greater than $100 million. IBM’s services backlog at Dec. 31 was $117 billion.<\/p>\n

Revenue in Global Technology Services was down 3.7 percent to $9.6 billion from $9.9 billion a year ago. Global Business Services revenue was down 4.5 percent to $4.7 billion from $4.9 billion a year ago.<\/p>\n

$117 billion is just an awe-inspiring sum and it is almost incomprehensible. Obviously this amount shows tech and tech services are at least somewhat resistant to the current economic environment.<\/p>\n

 See also: FCC Selects IBM for DTV Call Center<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

IBM has shown us that services are a great way to keep your revenue stable or even growing in a slowdown. When companies slash jobs they still need to get work done and this is where companies with strong service arms come in. I believe we will see a few classes of tech and communications<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[179,199,118],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7614"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=7614"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7614\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=7614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=7614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=7614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}