ibm-consulting-revenue

IBM Consulting Revenue

Business / By / March 16, 2023
  • Business Transformation generated a revenue of $8,834 million, accounting for approximately 46.23% of the total consulting revenue.
  • Technology Consulting contributed $3,765 million to the total consulting revenue, representing around 19.70% of the total consulting revenue.
  • Application Operations brought in $6,508 million in revenue, comprising about 34.06% of the total consulting revenue.

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IBM Business Model

IBM Revenue

ibm-revenue
In 2018, revenue was $80 billion. Revenue decreased to $77 billion in 2019. In 2020, revenue dropped further to $73.62 billion. The revenue saw a significant decline in 2021, reaching $57.35 billion. In 2022, revenue experienced a slight increase, amounting to $60.53 billion.

IBM Profits

ibm-profits
2019: Net income increased from $8.73 billion in 2018 to $9 billion, resulting in a 3.09% increase year over year. 2020: Net income decreased to $5.59 billion, reflecting a -37.89% change compared to 2019. 2021: Net income slightly increased to $5.74 billion, indicating a 2.68% increase year over year compared to 2020. 2022: Net income decreased significantly to $1.64 billion, showing a -71.43% change compared to 2021.

IBM Revenue Breakdown

ibm-revenue-breakdown
Software revenue increased from $23.42 billion in 2021 to $25 billion in 2022, resulting in a 6.73% growth year over year. Consulting revenue grew from $17.84 billion in 2021 to $19.1 billion in 2022, reflecting a 7.08% growth year over year. Infrastructure revenue rose from $14.2 billion in 2021 to $15.3 billion in 2022, indicating a 7.75% growth year over year. Financing revenue declined from $0.774 billion in 2021 to $0.645 billion in 2022, showing a -16.67% decrease year over year. Other revenue experienced a significant drop from $1.12 billion in 2021 to $0.453 billion in 2022, resulting in a -59.55% decrease year over year.

IBM Cost Structure

ibm-cost-structure
Software: Generated $25 billion in revenue. Contributed $19.94 billion in gross profit. Consulting: Produced $19.1 billion in revenue. Accounted for $4.86 billion in gross profit. Infrastructure: Brought in $15.3 billion in revenue. Generated $8 billion in gross profit.

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Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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