News IBM: Arvind Krishna replaces Virginia Rometty as CEO

IBM: Arvind Krishna replaces Virginia Rometty as CEO

Published on 01/31/2020 at 12:00 p.m.

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(AOF) – The IBM Board of Directors has elected Arvind Krishna as Chief Executive Officer and member of the Board of Directors, effective April 6, 2020. He is currently Senior Vice President of IBM for Cloud and cognitive software, and was one of the main architects of the Red Hat acquisition.

Virginia Rometty, Chairman of the Board, President and CEO of IBM, will remain as Executive Chairman of the Board until the end of the year, when she will retire after spending nearly 40 years in the company.

James Whitehurst, IBM senior vice president and CEO of Red Hat, was also elected by the board of directors as president of IBM, effective April 6, 2020.

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IT – Software publishers

The latest study by EY on behalf of Syntec Numérique highlights that French publishers posted 10% growth in turnover last year (to 16 billion euros). However, this growth had reached 13% between the 2016/2017 period. In addition, some of these major players are experiencing difficulties: Criteo, number two in the ranking, suffered a decline in its activity (from 2.036 billion in 2017 to 1.947 in 2018). Likewise, the publishing activity of Sopra Steria fell from 619 million euros to 615.5 million in 2018. Without the top ten publishers in the ranking, the sector would post growth of 18%. The turnover generated by the Saas rose from 24% to 37% in three years for publishers. All players under the age of 5 are now developing Saas offers. Most publishers point out that the shortage of talent in the market is an obstacle to their development.

IT – ESN

The ESN sector (digital service companies) is growing, driven by subjects such as cybersecurity, the cloud, Big Data. The sector targets 100,000 hires in three years in France. The turnover rate of employees is very high in these companies, which must attract a highly courted workforce. Indeed, given the needs, the talents available on the market are insufficient. This human resources challenge is a real challenge for the sector, which has 212,000 employees and represents a turnover of 25 billion euros. Companies play on several levers to distinguish themselves: wages but also training or quality of life policies at work. A large number of companies have thus set up teleworking or hired a “happiness manager”. Some also bet on external growth, which allows not only to acquire technologies but also talents.

IT manufacturers

IDC’s forecasts for the world market are not good because, over the next few years, sales of the latest generations of equipment will not be able to compensate for the decline in the market. With an average annual decrease of 2.4%, the global personal computing market should only weigh 365.7 million units in 2023, against 402.2 million forecast this year. As is often the case, deliveries of traditional computer terminals should decrease the most with an average drop of 4.3% per year by 2023. On the other hand, IDC forecasts that ultra-thin laptops should benefit from an average annual growth of 5.5% to reach 99.3 million units sold in five years. Faced with this difficult environment, some players opt for a niche strategy. Asus is targeting the professional computer market, a segment that is more resilient than the general public. It also targets the video game segment where it entered in 2006.

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