if generating 80 billion in revenue and making your shareholders money by selling mainframes to banks is irrelevant then I wouldn't want to be relevant.

I continue to be puzzled by the derision that companies on this site get just because they do regular business.

They do that much because they are the incumbent. So they make that kind of money despite how shitty they are.

Technology/engineering/Moore's law can paper over a lot of dumb institutional inefficiency.

Also, just to be clear. It's very hard to do much better, big groups are hard to keep nimble, honest, agile, etc.

> Is IBM even relevant anymore or are they simply another McKinsey type consulting firm Who happens to sell mainframes to banks?

They are perhaps one of the biggest Government/Military Hardware contractors in the US, so sadly: Yes.