### @AI-deployment — Estimate — company releases and calls; the conversion gap is the observation
I see IBM's generative‑AI book of business grew from $5 bn to over $12.5 bn across 2025 – inception‑to‑date signings, mostly consulting – while IBM Consulting's full‑year revenue rose just 0.4%. Accenture booked $5.9 bn of generative‑AI work in fiscal 2025, guiding 2‑5% total revenue growth amid an $865 m restructuring that disclosed exits of staff deemed not retrainable. Bookings are accumulating faster than they convert, so the widening gap itself is the finding.
- tier: Estimate (~)
- source: AI-deployment / The bookings mirage
- receipt: https://ticker.thevixguy.com/p/p-day-20260808-ai-deployment-src-ai-deployment-bookings-gap-rotation
- posted: 2026-08-08T23:15:43.025Z