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Virginia Rometty on cloud computing

From Watch CNBC's full interview with the CEOs of IBM and Red Hat on their new deal · · CNBC Television

“this deal not only does accelerate our revenue it resets the whole cloud landscape and Jim as you know it's 200 basis points of growth for us kagura 5 years so it absolutely does accelerate growth but more important it's what our clients have asked for and this is it the hybrid cloud as the destination architecture for the future”

Virginia Rometty
Former Chairman, President & Chief Executive Officer, IBM
Policy Impact cloud computinghybrid cloudrevenue growthIBM-Red Hat deal

On , Virginia Rometty, Former Chairman, President & Chief Executive Officer at IBM, spoke about cloud computing during Watch CNBC's full interview with the CEOs of IBM and Red Hat on their new deal on CNBC Television.

Watch CNBC's full interview with the CEOs of IBM and Red Hat on their new deal
Watch on YouTube at 0:28
Watch CNBC's full interview with the CEOs of IBM and Red Hat on their new deal
CNBC Television
Watch on YouTube at 0:28
IBM closed its $34 billion acquisition of Red Hat, the companies announced Tuesday. IBM CEO Ginni Rometty and Red Hat CEO Jim Whitehurst join CNBC's "Squawk on the Street" to discuss the deal.
Virginia Rometty

About Virginia Rometty

Former Chairman, President & Chief Executive Officer · IBM

Ginni Rometty, former Chairman, President, and CEO of IBM, has been speaking about leadership, artificial intelligence, and workforce development. In a 2023 SXSW conversation, she discussed her book "Good Power," which outlines five principles for using power positively. She described her personal background, including her mother's return to community college after her father left the family, as shaping her belief that "no matter how bad it gets there is always a Way Forward." Rometty advocated for a "skills first" movement in hiring, stating that "half the jobs in our country are over credentialed" and that IBM had hired 100,000 people in two years under that approach. She also reiterated her view that AI should "augment Humanity" and be built with "principles of trust and transparency." Earlier in her tenure, Rometty frequently described data as "the world's new natural resource" and argued that cognitive AI would impact every decision within five years. She promoted IBM's "Watson" platform as a tool for domains like healthcare and education, emphasizing that AI systems must be transparent and trained on unbiased data to avoid perpetuating historical biases. Rometty also spoke about the importance of corporate social responsibility, citing an IBM program that grew from a single school partnership to 300 high schools and 150,000 students globally. She has called for public policies that support data movement, skills upgrading, and investment in research, and has stated that companies must balance the interests of customers, shareholders, and communities.

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