IBM

IBM's retooling to become focused on software and services is legendary. The company is an outsourcing and services leader and has placed its bet on analytics for the near future. IBM's software assets focus on everything from business intelligence to analytics to collaboration to middleware and open source development. On the hardware side of the house, IBM is a mainframe and server leader. Big Blue also has a large research unit and is the patent leader.

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IBM: Can it transform fast enough?

In technology there's no such thing as too big too fail. There may be some serious cases of too big to succeed. IBM's third quarter results show how the company needs to run faster to keep up with changes in IT.

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