Tuesday, March 20, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Focuses on News Publishers With New Initiative
Lite-On to Unveil New NVRAM Hybrid Solid-State Drive at OCP 2018
Seagate Demonstrates New Helium-based, 14TB Exos X14 Hard Drive at OCP Summit 2018
Samsung's Ruggedized Galaxy Tab Active2 Now Available in the U.S.
Samsung Debuts First 3D Cinema LED Screen Theater in Switzerland
Toshiba Launches KumoScale NVM Express over Fabrics Storage Software for Cloud Infrastructures
HP's Latest Laser Printers Are as Tall as Your Smartphone
IDC Sees a Bright Future for Smartwatches
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.

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
IBM Sets Tera-scale Machine Learning Benchmark Record with POWER9 and GPUs
IBM Creates Computers Smaller Than a Grain of Salt
Researchers Create Promising Flexible Electronics Based on Carbon Nanotubes
HPE and Dell Server Sales Soar in Q4
IBM Reports Revenue Growth After Six Years
Google Offers AI Image-Detection Tool to Cloud Customers
Maersk and IBM to Apply Blockchain to Improve Global Trade
IBM Researchers Bring Memory Disaggregation to Data Centers
IBM Announces Collaboration With Leading Companies to Accelerate Quantum Computing
IBM Says New POWER9-based AC922 Power Systems Offer 4x Deep-learning Framework Performance Over x86
IBM Scientists Demonstrate 10x Faster Machine Learning Using GPUs
Time Warner's Turner Unit Becomes Amazon's Cloud Customer

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .