The divestiture of this business was testonside completed in Q1 FY14 and continued to negatively impact GTS revenues in Q4. Furthermore, the company EMC stated that E10-001 it will roll out more cloud data center infrastructure in the coming quarter to expand its footprint of services.
Which should augur well for its Softlayer business testonside that encompass strategic outsourcing (9% of estimated value) and integrated technology service (3.9% of estimated value) division. In the fourth quarter, IBM opened cloud EMC centers in E10-001 Melbourne, Paris, Mexico City, Tokyo, and Frankfurt.
The Business Services division (GBS) contributes over 7.6% to IBM’s stock value according to our estimates. In line with our expectation, GBS EMC testonside reported a 8% year-on-year E10-001 decline in revenue to $4.3 billion (down 3% in constant currency), primarily due to declines in traditional packaged application implementation.
http://www.testonside.com/E10-001.html