Woah! IBM Did IT again!

I don’t know about you but lately, I have stopped reading the financial section of the newspaper.  The ‘lets ignore the economy‘ strategy has been successful so far in keeping me focused, pumped and happy about the latest at the Foundations HQ and excited for the new year! (if you must know, Lotusphere, Viral Videos and Baehrware Domino Applications)

However, I couldn’t ignore a tweet on twitter.com about recent earning report from IBM and how we are up, yet again, with 22% profit growth.

According to Mike Holland, chairman of investment company Holland & Co, who oversees assets in excess of $4 billion, including IBM, told Reuters that “In this environment, the combination of meeting current expectations but also reaffirming their outlook is an incredible performance companies. For companies to be reaffirming their outlook through the end of the year is h-u-g-e.”

You may be wondering why Bilal (prounced: Bill AL) is babbling about IBM’s profitable growth when every other company is economically miserable.  It is only to re-affirm the fact that the direction that IBM is going with technology platforms like Foundations, Bluehouse, Domino  etc is designed to fulfill the needs of emerging markets like SMB where most amount of growth is expected. As you know, Foundations platform is designed to cater specifically to needs of the small business owner. This is not your hack-job enterprise scaled down for SMB attempt, IBM designed the Foundations platform solution from ground-up to meet and surpass the needs of typical SMB business.  

Just wait and see what we have stored for you on Foundations – it will be the ultimate platform to hit the small to mid size business market in the past decade or so.

Link: http://blogs.zdnet.com/BTL/?p=10358