Earnings Outlook: IBM earnings: Security is growing fast, but is it enough money to matter?

In the continuing story of International Business Machines Corp.’s attempt to transform itself for the new age, one large focus will be how the tech company is taking advantage of a heightened security climate, and if IBM’s offerings will make enough money to move a heavy needle.

IBM’s IBM, -0.38% “Strategic Imperatives” group — which includes the security business — has been driving growth, with the company expecting the segment to account for more than 40% of revenue by the end of the year. When IBM reports earnings Wednesday after the market closes, security is once again expected to the fastest-growing area in IBM’s fastest-growing segment.

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