Summary
- Europe has now politically decided to support 5G versus Wifi for Automotive.
- This will create a mega market in which many companies would like to participate and which will bring investors much blessing.
- Overall, I believe that IBM could have recognized this mega trend early on.
- Now it has to act a little more aggressively on the market. This applies above all to marketing (actually a core competence of IBM).
Introduction
IBM (IBM) is trying to steer the company more and more into the cloud business. The cloud computing market has tripled its revenue for the past three years, posting robust and continuous growth.
(Source: cloud infrastructure revenue)
The fields of application are almost unlimited. One component of this huge market is automotive. Hardly noticed by investors, the EU member states stopped a new Wi-Fi standard for autonomous driving in the EU. The planned Wi-Fi standard was rejected by a qualified majority of 21 states. This sets the course for the 5G standard in Europe and shows that the time of talk is gradually over, and the implementation of the first 5G applications is now imminent.
In the following article, I will explain how IBM could benefit extremely from this. Now IBM just needs to be a little more concrete with its specific offering and related cloud services because the competition is strong and (AMZN) is already slightly ahead.
