1/ Missed a good Goldman Sachs report on cloud last week with focus on “the cloud’s impact on IBM”. Good CIO/VAR survey data.
2/ VAR survey “How has migration of your customer’s workloads to the public cloud impacted spending on infrastructure companies?”
3/ Positive responses minus negative responses: SAP +44, MSFT +40, RHT +35, VMW +6, CTXS -36, ORCL -50, IBM -74 (!)
5/ “many investors are focused on IBM’s ability to counter many of these secular pressures with its investments in cloud platforms”
6/ “the early read from our team’s surveys suggest much work is still needed in this respect”
7/ GS coyly concludes: “IBM’s infrastructure software sales could be seeing more pressure than peers with migration to public cloud.”