- #Microsoft garage app for group transcriptions software
- #Microsoft garage app for group transcriptions series
We are seeing high demand for our capabilities in several areas.Ĭlients are eager to automate as many business class as possible, especially given the new employee demographics. Let me now spend a few minutes on what we are seeing in the market, how we address it, and the progress we are making. Both of these are consistent with our medium-term model. As we discuss our results, we'll focus on the new basis and structure that encompasses today's IBM.Īs we look to 2022, we expect mid-single-digit revenue growth before Kyndryl and currency and $10 billion to $10.5 billion of free cash flow for the year. You will remember we had initially expected the spin by the end of the year, and we completed it in early November. Our most significant portfolio action was the separation of Kyndryl.
#Microsoft garage app for group transcriptions series
Over the last year and a half, we have taken a series of actions to execute our hybrid cloud and AI strategy and improve our revenue profile, optimizing our portfolio, increasing investments, expanding our ecosystem, and simplifying our go-to market.Īs we start to yield benefits from these actions, our constant-currency performance improved through 2021. Infrastructure had a good quarter, especially with regards to IBM Z and storage.
#Microsoft garage app for group transcriptions software
Software revenue growth reflects strength in Red Hat and our automation offerings. IBM Consulting again had double-digit revenue growth as our ecosystem play continues to gain momentum. Our fourth-quarter results illustrates the strong client demand we see in the marketplace for our technology and consulting. This reality of technology being about a lot more than cost will persist and explains why clients are eager to leverage hybrid cloud and artificial intelligence to move their business forward. They realize that powerful technologies embedded at the heart of their business can lead to seismic shifts in the way they create value. The trend we see is clear.Īcross industries, clients see technology has a major source of competitive advantage. With solid revenue growth, we are on track to the mid-single-digit trajectory we had laid out in our investor briefing last October. Our fourth-quarter results reinforce our confidence in our strategy and model. Thank you, Patricia, and thanks to all of you for joining us today. Arvind Krishna - Chairman and Chief Executive Officer
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