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