IBM Floating on 'Cloud Nine' with $1.2b Investment

Contributor: Robbie Westacott
Posted: 01/16/2014
IBM Floating on 'Cloud Nine' with $1.2b Investment
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A new plan to significantly increase its data centres and cloud-based services has been devised by IBM, as they announce they will invest $1.2b into new technology and global facilities this year.

This will expand on their existing expertise in private cloud computing for corporate and government organisations, and put them in direct competition with other technology heavyweights such as Amazon, Google and Microsoft.

IBM, who acquired cloud specialists SoftLayer for $2b in 2013, will now look to increase their number of data centres around the world to a total of 40 by the end of this year, making a move into the prosperous public cloud market.

The acquisition of SoftLayer has provided a launch pad for rapid growth and development within IBM; they have consequently doubled their storage capacity and added 2,400 clients to their already formidable portfolio.

Aligned with their aim of bolstering their highly advanced computer system 'Watson', such investments will allow IBM to offer customers a more comprehensive data service with minimal restrictions.

This forward thinking reflects the surging growth of the demand for mobile connectivity, and secure online storage capabilities, from all areas of business. It appears that cloud solutions will continue to generate enormous interest from the global technology market for the foreseeable future.

Categories: Enterprise Mobility, IBM, Cloud Computing, Cloud Solutions, Data Storage, Mobile Investment, Mobile Strategy, Data Security, IT

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Contributor: Robbie Westacott