IBM had a successful hosting business before cloud (I.e. you could outsource your data center to them). AFAIK, that just rebranded that to “cloud” when AWS came

IBM had a successful hosting business before cloud (I.e. you could outsource your data center to them). AFAIK, that just rebranded that to “cloud” when AWS came along, despite lacking all the things that made it a cloud rather than a regular data center. The people who use IBM cloud are the same people who used them for data centers in the past.