Gerstner's IBM Rescue: Tech Powerhouse from Collapse

Louis Gerstner, IBMs former CEO, passed away at 83. He led IBM from 1993 to 2002, transforming it from a struggling company to a tech powerhouse. Gerstner shifted focus to business services, cut costs, and sold assets. He also ended IBMs reliance on proprietary hardware, betting on middleware instead. His leadership boosted IBMs sales and shares, and his legacy continues to influence business strategies today.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.