Sunday, September 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Snapchat Introduces 'Spectacles' Smart Glasses, Changes Company name To Snap
Nvidia GPUs Could Return To Apple Macs
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Report Cites Google, Salesforce Interest For Twitter
Dalian Wanda and Sony Enters Team Up in China Movie Business
Apple Develops Amazon Echo-Style Device
ALD Technology Chosen By Samsung, LG For Flexible OLEDs
TSMC To Use Different Processes And 3D Packages Across Future Design Platforms
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
New IBM Linux Servers Feature POWER8 Chips And NVIDIA NVLink Interconnect Technology
Scientists Imitate the Functionality of Neurons with a Phase-Change Device
IBM's Strategy Seems To Pay Off, Latest Results Show
AT&T and IBM Team to Bring Internet of Things Capabilities to Developers on IBM Cloud
IBM Scientists Discover New Recycling Process to Convert Old Smartphones and CDs into Non-Toxic Plastics
Samsung to Buy Joyent to Expand Cloud Services
IBM Watson Will Be Trained To Tackle Cybercrime
IBM and SK Holdings C&C Alliance Brings Watson To South Korea
IBM Makes Quantum Computing Available on IBM Cloud
OpenPOWER Foundation Reveals New Servers
Google Opens Machine Learning Tools To Cloud Customers
IBM, VMWare, To Accelerate Enterprise Hybrid Cloud Adoption

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .