IBM Cloud Revenue

 Cloud Revenue of IBM 2012-2017

The following table shows the revenue of IBM from its cloud business from 2012 to 2017. The amounts are in Billions.

IBM Cloud Revenue 2012-2017 (Billion dollars)

YearTotal Cloud Revenue ($Bn)% growth
2017$1724%
2016$13.735%
2015$10.243%
2014$760 %
2013$4.469%
2012$2.6

IBM is one of the largest cloud players. Its revenue from the cloud business has grown very fast in the past five years driven by increased demand for cloud based services. In 2017, its revenue from cloud businesses reached 17 Billion dollars which was a growth of 24% over the previous year. In 2016, its total cloud revenue was 13.7 Billion dollars which was again 35% higher than 2015 when its total cloud revenue was 10.2 Billion dollars. This brings it among the ranks of the biggest cloud players including Amazon.

Sources:

IBM Annual Reports

Abhijeet Pratap

I am Abhijeet Pratap, editor of notesmatic. I am an MBA with marketing (major). Apart from writing on various topics in business management, marketing and English literature, I like to read and write about technology.