International Business Machines Corporation (NYSE:IBM) Q2 2023 Earnings Call Transcript

Then next, a number of people are, critically, they have great models. They’re great for big public consumption. They are great because everybody kind of has the same need for productivity. But there is also a world right now from the partners we work with, there’s already over 100,000 open source models in addition to the models that we IBM provide. How do you pick from those models? Which one is appropriate? And we have taken a conscious strategy that we are not going to constrain the model that our clients want. So on our consulting teams, we will work with all the models, our own open source and other models so we can help our clients decide on which is the best one for them. Look, 30-years of being here has shown us that trying to help the clients navigate through the extreme complexity of this world is helpful to us, and we can become much better advisers and gain revenue in the process.

So hopefully, that gives you a sense of how we are going to win here and get our fair share of this market. So given that we just passed the top of the hour, let me wrap up the call. We are in a really good position as we enter the second half of the year. Solutions meet today’s client needs, new innovation we are bringing to market, and there is momentum and productivity in our underlying operations. As always, we need to execute to capture the opportunity in front of us, and I look forward to sharing our progress with you as we move through the rest of the year.

Patricia Murphy: Thank you. Sue, let me turn it back to you to close out the call.

Operator: Thank you. Thank you for participating on today’s call. The conference has now ended. You may disconnect at this time.