Arvind Krishna appoints CEO of technology company IBM for over 100 years

New York, Ta. January 31, 2020, Friday

International Business Machines (IBM), an international company in the field of computer technology, has appointed Arvind Krishna, CEO of Indian origin. He will be in charge from April 1st.

Right now, Guinea Rometty is the CEO, who has resigned. Arvind Krishna is educated at IIT Kharagpur and has worked with IBM since 1990. Founded in 1911, IBM has business in the world and is among the largest companies in the world. IBM is known for its hardware products.

Over the past few years, IBM's revenue and market capitalization have been declining. At the end of 2019, IBM had a market cap of more than $ 200 billion and revenue of $ 100 billion. In the world market, the talk of companies involved in the technology chain is on the rise.

In this situation each company is appointing a competent authority as its leader. IBM, too, made the decision when it came to time. Technology decision-makers said the decision was needed to stay in the race against companies including Apple, Microsoft, Amazon and Google.

Krishna, 57, is currently the Vice President of Cloud Computing and Software at IBM. IBM is currently working in sectors like cloud computing and Artificial Intelligence, behind which is Arvind's humidity. After studying at IIT, Krishna earned a doctorate degree from the United States. Guinea has been working at IBM for over 40 years. He is due to retire later this year.