RESEARCH TRIANGLE PARK – The IBM-Red Hat combination was based on making IBM more competitive in the world of growing cloud computing, and a new report shows the strategy is working

In fact, Oracle – which has a big presence in the Triangle – and SAP also are on the rise, according to a new report.

“Oracle, SAP Leapfrog Salesforce in Cloud Wars Top 10; IBM Jumps, ServiceNow Falls,” reports the Acceleration Economy Network.

Check out the details here:

Related news:

IBM’s stock shines while rest of Big Tech suffers – here’s why, says top Wall Street firm

IBM’s CEO praises Red Hat as cloud, other revenues surge 18%