IBM Invests $1.2B in Cloud Infrastructure
IBM announced a $1.2 billion investment in its cloud infrastructure, targeting 40 data centers in 13 countries.IBM has pledged to commit $1.2 billion to significantly expand its global cloud footprint, beefing up its SoftLayer infrastructure and other components. Big Blue said the investment includes a network of cloud centers designed to bring clients greater flexibility, transparency and control over how they manage their data, run their business and deploy their IT operations locally in the cloud. In 2014, IBM plans to deliver cloud services from 40 data centers worldwide in 13 countries and five continents globally, including North America, South America, Europe, Asia and Australia. Among the newest IBM cloud centers to launch are Washington, D.C., Hong Kong, London, Toronto, Japan, India, China, Canada, Mexico and Dallas. This global expansion is aimed at accelerating into new markets based on growing client demand for high value cloud. With this news, IBM now plans to have four or more data centers in all major geographies including Europe, Latin America, Asia and the Americas with plans to expand in the Middle East and Africa in 2015.
"IBM is continuing to invest in high-growth areas," said Erich Clementi, senior vice president of IBM Global Technology Services, in a statement. "Last year, IBM made a big investment adding the $2 billion acquisition of SoftLayer to its existing high-value cloud portfolio. Today's news is another major step in driving a global expansion of IBM's cloud footprint and helping clients drive transformation. IBM recognizes the universal need to deliver mission-critical workloads in a cloud environment that are secure, reliable and built on open standards as contrasted with the commoditized cloud model that emphasizes low costs, instead of business growth and innovation."