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IBM targets $40 billion in cloud, other growth areas by 2018

International Business Machines, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.

IBM reports quarterly earnings of $22.5 billion, lowest in five years

IBM eyes $7 billion in revenue from cloud services

With cloud computing on a rise, IBM has set an ambitious target and will push for $7 billion in revenue from...