Ginni Rometty

Made a mistake.

You know, there's no bad mistake as long as you learn from it.

Right.

And, and keep moving.

So yes, did it take longer, but we are the largest that was there.

It's a little bit of consulting, but it's mostly software district.

It was mostly software.

Yes, and so in my last year, our services business, we broke it into two pieces.

And one piece was spun off into a company called Kindrel, which is managed outsourcing.

Keeping things running, and they're off creating their own company.

what IBM then retained is really the part I built with PWCC, the big consulting arm.

And so today, the IBM of today in 2023 is, you know, at least ending 2022, was 30% consulting, and the other 70% would be, what would you consider software cloud AI?

So hybrid cloud and AI is the other, and some hardware, obviously, still the mainframe is modernized, alive, and kicking.

And still running some of the most important things of every bank you can think of practically in the world.

And so that is the IBM of today versus perhaps, you know, and Red Hat is a big piece and an important part of that software portfolio.

And they had some services with them for implementation, but it wasn't a very large part.

And it's grown by leaps and bounds, you know, because originally...

the belief was everything was going to go to the public cloud.

And at least many people thought that way.

We didn't.