IBM (NYSE:IBM) Says Cloud Is Expanding

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IBM (NYSE:IBM) has announced an expanded client adoption of its cloud computing software. IBM (NYSE:IBM) Says Cloud Is Expanding By expanding the client adoption of its cloud computing software and services; IBM (NYSE:IBM) has became one of the world's largest providers of software-as-a-service (SaaS) with more than 20 million customers around the globe. American Airlines, Aviva, CARFAX, Frito-Lay, IndiaFirst life Insurance Co., Shriram Transport Finance Company Ltd., and 7-Eleven are just some of the new giants who are using IBM (NYSE:IBM)'s cloud computing software. As the demand for cloud computing has been rising, IBM (NYSE:IBM) is planning for further expansion. IBM (NYSE:IBM) shares were at 166.21 at the end of the last day’s trading. There’s been a 10.8% change in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.8 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.59 Zack’s Rank: 4 out of 20 in the industry