IBM invests $38 million in cloud computing

Our Bureau Bangalore | Updated on April 01, 2011

IBM is investing $38 million in a new Asia Pacific cloud computing data centre in Singapore, which will provide businesses in India with solutions and services to harness the potential of cloud computing.

The facility will extend IBM's globally-integrated cloud delivery network with centres in Germany, Canada and the US; and 13 global cloud labs, of which seven are based in Asia Pacific — China, India, Korea, Japan, Hong Kong, Vietnam and Singapore.

Scheduled to launch in April, the data centre will make available IBM's cloud services and technology portfolio via the company's cloud delivery infrastructure.

“The centre will provide Indian organisations with the best available set of cloud options to achieve their IT infrastructure ambitions to become successful businesses,” said Mr Ashish Kumar, General Manager, IBM Global Technology Services, India/South Asia.

“In addition to providing high security standards, the centre's pay-per-use offerings model will help Indian clients minimise capital expenditure and reduce business operational costs. IBM's investment in the Asia Pacific centre is part of our ongoing global commitment to the cloud computing business in support of IBM's 2015 growth roadmap.”

The Asia Pacific excluding Japan (APEJ) market for cloud computing services is expected to grow by an average 40 per cent per annum rate through 2014 to reach $4.9 billion.

Published on April 01, 2011

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