That said there are plenty of examples of IBM doing new things, just the question is whether it's enough...
- IBM BlueMix, and IBM is actively contributing to Cloud Foundry (particularly the new Diego runtime): http://www-01.ibm.com/software/bluemix/
- IBM Watson analytics is also fairly impressive: http://www.ibm.com/analytics/us/en/index.html
- The Jazz.net products for agile requirements and development tracking are fairly modern and has a happy customer base (replacing the older crap Rational ClearCase stuff): https://jazz.net
- They've also acquired some good software, such as Urban Code, for automated app deployment: http://www-03.ibm.com/software/products/en/ucdep
Pretty much the entire software sales force is pushing cloud/devops, mobile, and analytics, which are the bulk of their new license streams. Their maintenance stream is still the large annuity from the mass of WebSphere, Tivoli, DB2, Lotus, and mainframe legacy deployed out there over the past 30+ years...