Spring World 2015

Conference & Exhibit

Attend The #1 BC/DR Event!

Fall Journal

Volume 27, Issue 4

Full Contents Now Available!

Friday, 17 January 2014 19:37

IBM Pumps $1.2 Billion Into Global Cloud Data Centers

IDG News Service (New York Bureau) — Dispelling any lingering doubt that IBM sees cloud computing as the way of the future, the company announced that it will invest US$1.2 billion this year in expanding its global cloud infrastructure.

"Having lots of data centers in lots of different countries around the world will be important in the long term," said IBM SoftLayer CEO Lance Crosby. "We want the world to understand that cloud is transformational for IBM."

The company plans to open 15 new data centers this year, more than doubling the cloud capacity it acquired when it purchased SoftLayer last year for $2 billion. It plans to combine the new data centers, the existing SoftLayer data centers, and the data centers it already ran before the SoftLayer purchase into a single operation that would provide public and private cloud services to its customers, as well as provide services for internal operations.

...

http://www.cio.com/article/746531/IBM_Pumps_1.2_Billion_Into_Global_Cloud_Data_Centers