IBM Pushes Networking and Research to Catch Rivals in the Cloud
June 26, 2015
Grazed from Bloomberg. Author: Jack Clark.
International Business Machines Corp. will expand the networking services available through its SoftLayer cloud technology, trying to catch up with deep-pocketed rivals. IBM researchers and engineers are now making regular trips to SoftLayer’s headquarters in Dallas to discuss product plans and get educated about cloud operation, said Marc Jones, SoftLayer’s chief technology officer.
Increasing cloud revenue is critical for IBM. It has tried to boost sales for operations like cloud computing and data analytics but that hasn’t been enough to make up for declines in longstanding operations — such as services and hardware — and revenue lost from divestitures…
The initiative comes almost two years after the Armonk, New York-based company acquired SoftLayer for $2 billion to help IBM compete against Google Inc., Microsoft Corp. and Amazon.com Inc…
Read more from the source @ http://www.bloomberg.com/news/articles/2015-06-25/ibm-pushes-networking-and-research-to-catch-rivals-in-the-cloud