IBM and Finep Sign Agreement to Develop Cloud Computing Project

Grazed from NearShoreAmericas. Author: Silvia Rosa.

Cloud computing is one of IBM’s top priorities and Latin America has gained importance in this area of late. The tech giant recently signed an agreement with Finep, a Brazilian innovation agency linked to the Ministry of Science and Technology, to develop a platform as a service (PaaS) to manage cloud resources more efficiently and in real time.

The project was selected in the latest public announcement for the IT Maior program, which aims to promote the development of software and technology products in Brazil. Under the three-year contract IBM will receive 5.7 million Brazilian real (almost US$ 2.4 million) from Finep in return for development of the basic system, optimization and testing. IBM will also invest its own financial resources in this project…

The project will be designed by IBM Research Brazil in collaboration with Brazilian and foreign universities. “The use of this technology is a novelty in the world and the project will involve other IBM Research centers,” said Marco Aurelio Stelmar Netto, researcher at IBM Research Brazil…

Read more from the source @ http://www.nearshoreamericas.com/ibm-finep-sign-agreement-develop-cloud-computing-project/

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