IBM has a long history of helping customers move from one technology era to the next. With the roll out of IBM Financial Services-ready Public Cloud (slated for the latter half of 2020), IBM aims to do the same thing at the industry level. Now that the first group of ecosystem partners is on deck, the next step is to establish its public cloud as a go-to destination for a larger-scale reinvention of the financial services industry and, in the process, one-upping other hyperspaces’ focus on individual company transformation. IBM’s technology platform, along with the verticalized nature (and customer base) of the traditional IT outsourcing/global services business and the industry-focused Watson portfolio, put the company in a position to expand the remit of its transformation value proposition to other highly regulated industries.
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