IBM and Accenture, the two top best quantum computing stocks, are established consulting enterprises that had very different market experiences since the lockdowns were enacted across the globe. Let's make a comparison of the quantum computing market stock.
Accenture plc, a professional services company, provides strategy and consulting, interactive, and technology and operations services worldwide. Its' current quantum computing stock is US$303.10, a 4.33% decrease from the previous close.
International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. Its current quantum computing stock is US$136.19, a 2.09% decrease from the previous close.
IBM's offerings include cloud computing, artificial intelligence, the Internet of Things, digital workflows, and cybersecurity among other things. Its business model includes revenue from infrastructure-as-a-service (IaaS), software-as-a-service (SaaS), and platform-as-a-service (PaaS) delivery models. Implementing IBM technology ensures companies will rely on IBM technicians and consultants. Accenture is a major business consulting service, but it was technology services where it received the biggest revenue boost in 2020. It generated 55 percent of its revenue from this stream, while strategy and consulting services contributed 32 percent and the rest came from business process optimizations. Like IBM, Accenture realizes its future is in the cloud, and it's focusing on that moving forward.
IBM and Accenture are big players in the IT and consulting space. Each came from a different background but converged on cloud computing amid the coronavirus pandemic. Businesses from around the world moved to a virtual business model and strengthened virtual tools for employees and customers alike. They're also well priced, due to tepid investor interest. This represents an opportunity for bullish investors to get in cheap, so long as you know which one fits into your portfolio.
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