IBM insists AI didn't kill software deals, just delayed them
IBM reports that AI is not killing software deals but merely delaying them. The company sees a slowdown in deal closures as customers take more time to evaluate AI offerings. Despite this, IBM remains optimistic about the long-term impact of AI on its software business.
IBM has stated that artificial intelligence is not responsible for the decline in software deals, but rather it has caused delays in closing them. The company acknowledges that customers are taking longer to make purchasing decisions as they carefully assess AI-related products and services. IBM's leadership believes that this is a temporary situation and that the integration of AI into their software portfolio will ultimately drive growth. They emphasize that while the sales cycle may be longer, the deals are still progressing, indicating sustained interest in AI solutions.
Source: The Register AI/ML —
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