Saturday, April 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Ex-Apple CEO To Sell Mobiles In India
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Amazon Announces Kindle Service For Samsung Devices
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > PC Parts > IBM To ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, January 17, 2014
IBM To Invest $1.2 Billion On Cloud Expansion


IBM plans to commit over $1.2 billion to expand its global cloud footprint, with investments on a network of cloud centers.

This year IBM plans to deliver cloud services from 40 data centers worldwide in 15 countries and five continents globally, including North America, South America, Europe, Asia and Australia. IBM will open 15 new centers worldwide adding to the existing global footprint of 13 global data centers from SoftLayer and 12 from IBM. Among the newest data centers to launch are China, Washington, D.C., Hong Kong, London, Japan, India, Canada, Mexico City and Dallas. With this announcement, IBM plans to have data centers in all major geographies and financial centers with plans to expand in the Middle East and Africa in 2015.

By some estimates, the global cloud market is set to grow to $200 billion by 2020.

"IBM is continuing to invest in high growth areas," said Erich Clementi, senior vice president of IBM Global Technology Services. "Last year, IBM made a big investment adding the $2 billion acquisition of SoftLayer to its existing high value cloud portfolio. Today's announcement is another major step in driving a global expansion of IBM's cloud footprint and helping clients drive transformation."

IBM acquired SoftLayer in 2013. The company plans to establish SoftLayer as the foundation of its wide ranging cloud portfolio. The SoftLayer infrastructure will provide a scalable, secure base for the global delivery of cloud services spanning IBM's middleware and SaaS solutions.

Last week IBM made an investment and established the IBM Watson Group, a new business unit dedicated to the development and commercialization of cloud-delivered cognitive and Big Data technologies. As part of this initiative IBM will also deploy Watson on SoftLayer.




Previous
Next
Obama Unveils Reforms On NSA Program        All News        HTC To Release Larger One Phone
Court OKs Acquisition Of OCZ's SSD Assets By Toshiba     PC Parts News      Intel Remains Optimistic For 2014, Focuses On Tablets

Get RSS feed Easy Print E-Mail this Message

Related News
Globalfoundries To Buy IBM chip-making Business: report
Google Cuts Cloud Computing Prices
Cisco To Spend $1 billion On Cloud Computing Service
IBM To Help Organizations Tackle Fraud
IBM Watson To Help Fight Cancer
IBM Says It Has Not Provided Any User Data To Government
Lenovo Says China Strike Remains An IBM Matter
Toshiba To Work With NTT Com On Cloud Services
MWC: IBM Wants Mobile Apps on Watson
AT&T And IBM Join Forces On The Internet of Things
Scientists Set New Speed Record for Big Data
Samsung Joins IBM In OpenPower Alliance

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .