--- description: The tech giant's chief says embracing new technologies like cloud computing can reinvigorate the company title: IBM: CEO Virginia M. Rometty Says Better Times Lie Ahead image: https://static.time.com/v3/assets/bltea6093859af6183b/bltbff79ff82a380c30/69868ee7e53aba65d64d2866/rtr27ld6.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close * [Companies](/tag/companies/) ## Companies Update your preferences in [Account Settings](/account/preferences/) Close # IBM Chief Says Better Times Lie Ahead  by [Charlie Campbell](/author/charlie-campbell/)  ## Charlie Campbell Update your preferences in [Account Settings](/account/preferences/) Close Editor at Large May 12, 2014 5:09 AM CUT  The sign at the IBM facility near Boulder, Colo. The sign at the IBM facility near Boulder, Colo.Rick Wilking—Reuters  by [Charlie Campbell](/author/charlie-campbell/)  ## Charlie Campbell Update your preferences in [Account Settings](/account/preferences/) Close Editor at Large May 12, 2014 5:09 AM CUT The head of IBM says the company is [poised](http://www.nytimes.com/2014/05/12/technology/ibm-poised-for-growth-chief-says.html?%5Fr=1 "undefined") for growth, putting an end to years of stagnant stock prices and flagging competitiveness. CEO Virginia M. Rometty, 56, said during an interview with the New York _Times_ that things had long been “rocky” for IBM, but that a clear vision was now at hand for pursuing fresh avenues. “We are transforming this company for the next decade,” she said. “That is not a one-year job, not when you’re a hundred-billion-dollar company.” Having jettisoned less profitable aspects of the business, the firm of more than 400,000 employees is turning to new fields — cloud computing, says Rometty, is one example that can become an exciting venture for IBM. “I feel very good about the direction and how we’ve crystallized it,” she added. “We are making progress, and we just need to keep moving with speed.” \[[_NYT_](http://www.nytimes.com/2014/05/12/technology/ibm-poised-for-growth-chief-says.html?%5Fr=1 "undefined")\] ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/95667/ibm-ceo-growth/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/95667/ibm-ceo-growth/"},"headline":"IBM Chief Says Better Times Lie Ahead","datePublished":"2014-05-12T05:09:39.000Z","dateModified":"2026-04-13T08:02:12.805Z","description":"Virginia M. Rometty says embracing new technologies like cloud computing can help reinvigorate the U.S. tech giant. Having jettisoned less profitable aspects of the business, the firm of more than 400,000 employees is turning to new fields","url":"https://time.com/95667/ibm-ceo-growth/","keywords":["Companies","Tech","IBM","stock market","prices"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltbff79ff82a380c30/69868ee7e53aba65d64d2866/rtr27ld6.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Charlie Campbell","jobTitle":"Editor at Large","url":"https://time.com/author/charlie-campbell/"}],"articleSection":"World","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltbff79ff82a380c30/69868ee7e53aba65d64d2866/rtr27ld6.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"The sign at the IBM facility near Boulder, Colarado","caption":"The sign at the IBM facility near Boulder, Colarado","creditText":"Rick Wilking—Reuters","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/companies/","name":"Companies"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/95667/ibm-ceo-growth/","name":"IBM Chief Says Better Times Lie Ahead"}}]}] ```