IBM to invest 4 billion dollars in the run-up cloud service

Absrtact: In the x86 server sold to Lenovo, the 1.5 billion U.S. dollars sold chip business, century old IBM is in the cloud services on the track on the more brisk, in order to step a little bit more, the old to cloud services business to dial 4 billion dollars of pay. In the needle

In the x86 server sold to Lenovo, the 1.5 billion U.S. dollars sold chip business, the century old IBM is in the cloud services on the track on the more brisk, in order to step up a little bit more, the brand of cloud services to the business of 4 billion dollars of pay.

At an annual meeting for investors, IBM's current CEO, Ginni Rometty, said IBM would invest $4 billion in future "strategically necessary" technology research and development in cloud services, data analysis, mobile and security, and predicted that those inputs would return around $40 billion a year in 2018. , accounting for 40% of IBM's revenue. Rometty points out that the business's share of IBM's total revenue jumped from 13% to today's 27% from 5 years ago, and achieved a 16% annual growth rate, but not enough to prop up IBM's earnings.

At the IBM Interconnect Conference this week, IBM demonstrated its new applications, platform services (Bluemix, containers, DataWorks, and mobile devices and sensors). Watson application interface) and mixed cloud infrastructure services. IBM also said it would build new cloud data centers in cities such as Sydney, Montreal, Milan and Chennai, and Tech Mahindra, CSC News cooperation to support bluemix development with the telecommunications industry providing information technology (IT) solutions and services.

IBM previously bought SoftLayer at $2 billion trillion, with a recent earnings show that cloud services and application services earned 7 billion dollars a year, an increase of 60% per cent. To improve the computing power of data centers, IBM is also working with SAP to run SAP development applications in SoftLayer. The company is also on the road to a joint venture with Apple, and Tim Cook recently announced that in the first quarter of 2015 there will be 12 applications from IBM that have been launched across different fields.