<story><title>IBM to increase cloud costs in 2024</title><url>https://www.cio.com/article/651215/price-shock-ibm-to-increase-cloud-costs-by-up-to-26-from-2024.html</url></story><parent_chain><item><author>RamshackleJ</author><text>&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.ibm.com&amp;#x2F;investor&amp;#x2F;att&amp;#x2F;pdf&amp;#x2F;IBM-2Q23-Earnings-Press-Release.pdf&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.ibm.com&amp;#x2F;investor&amp;#x2F;att&amp;#x2F;pdf&amp;#x2F;IBM-2Q23-Earnings-Press...&lt;/a&gt; IBM is getting killed in infrastructure, their margins look to be growing but losing ~15% of their revenue y&amp;#x2F;y. This seems like them just gouging the last of the customers who are either unwilling or unable to leave.&lt;p&gt;for context during the same period AWS grew 12% y&amp;#x2F;y.</text></item></parent_chain><comment><author>makestuff</author><text>I often wonder is AWS success due to paying top dollar to staff where as IBM seems to have gone down the cost cutting route and low salaries. I&amp;#x27;m sure that isn&amp;#x27;t the only reason, but IBM&amp;#x27;s fall from the top has been pretty drastic over the last 30 years.&lt;p&gt;I guess it also could just be due to companies eventually get too big and bloated which causes them to innovate slower.</text></comment>
<story><title>IBM to increase cloud costs in 2024</title><url>https://www.cio.com/article/651215/price-shock-ibm-to-increase-cloud-costs-by-up-to-26-from-2024.html</url></story><parent_chain><item><author>RamshackleJ</author><text>&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.ibm.com&amp;#x2F;investor&amp;#x2F;att&amp;#x2F;pdf&amp;#x2F;IBM-2Q23-Earnings-Press-Release.pdf&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.ibm.com&amp;#x2F;investor&amp;#x2F;att&amp;#x2F;pdf&amp;#x2F;IBM-2Q23-Earnings-Press...&lt;/a&gt; IBM is getting killed in infrastructure, their margins look to be growing but losing ~15% of their revenue y&amp;#x2F;y. This seems like them just gouging the last of the customers who are either unwilling or unable to leave.&lt;p&gt;for context during the same period AWS grew 12% y&amp;#x2F;y.</text></item></parent_chain><comment><author>dangus</author><text>AWS also increased their prices by a similar amount.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.prnewswire.com&amp;#x2F;news-releases&amp;#x2F;aws-and-azure-cloud-pricing-moving-in-different-directions-as-shown-by-liftr-insights-data-301736920.html&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.prnewswire.com&amp;#x2F;news-releases&amp;#x2F;aws-and-azure-cloud...&lt;/a&gt;</text></comment>