I had that impression too, but they are turning around. They are ramping up their cloud solutions, doing AI research with Watson and other cool stuff. It is a big 100+ year old company, it won't turn on a dime to change directions, but it is turning in the right direction (and I think rather quickly for such a large company).
I think we'll see good things coming out of it in the future. Certainly seems like I've heard more interesting news items from it than in the past years:
Just in the last month or remember a few cool IBM news item -- Linux only mainframe, switching to using Apple Macbooks internally (they are buying something like 200K units, it used to be a Thinkpad+Windows country only), acquired some cool cloud companies, maybe another one I forgot.
I think we'll see good things coming out of it in the future. Certainly seems like I've heard more interesting news items from it than in the past years:
Just in the last month or remember a few cool IBM news item -- Linux only mainframe, switching to using Apple Macbooks internally (they are buying something like 200K units, it used to be a Thinkpad+Windows country only), acquired some cool cloud companies, maybe another one I forgot.