Key facts: IBM Software segment rises 10% to $7.4B; expands AWS partnership
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- IBM's Software segment generated $7.4 billion last quarter, reflecting a 10% increase from the previous year, driven by strong performance in Hybrid Cloud and Automation.1
- IBM has expanded its partnership with Amazon Web Services to help organizations in the UAE and Saudi Arabia modernize systems and adopt hybrid cloud strategies with compliant SaaS offerings.2