Once the market leader now the ...?? The story of IBM

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 IBM has encountered challenges and setbacks over time. Some of these include:


1. Shifts in Technology: IBM has faced challenges in adapting to rapidly changing technology landscapes. The company has had to continuously evolve its business models and offerings to stay relevant in areas such as cloud computing, artificial intelligence, and cybersecurity.


2. Market Competition: Intense competition in the technology industry, particularly from companies like Microsoft, Amazon, Google, and others, has put pressure on IBM's market share in various segments, necessitating strategic adjustments and innovation.


3. Strategic Changes: IBM has undergone strategic shifts, divesting certain businesses or acquiring new ones to realign its focus. Some of these strategies haven't always yielded immediate positive results or required time for implementation.


4. Revenue Challenges: Revenue declines in certain legacy hardware segments, such as servers and mainframes, have been a challenge for IBM. The company has been transitioning its focus to high-growth areas like cloud computing, AI, and analytics to mitigate these challenges.


5. Execution and Adaptation: IBM's ability to execute strategic plans and adapt quickly to market changes has been an ongoing concern. Sometimes, the pace of change within the company might not match the industry's pace, leading to perceived setbacks.

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