IBM Announces Sweeping Storage Initiative
IBM announces sweeping initiative to address major shift in the flow of world's data
September 9, 2008
MONTPELLIER, France and ARMONK, N.Y. and TOKYO -- IBM (NYSE:IBM - News)
New technologies and services for businesses, governments designed to tackle massive growth and mobility of data; skyrocketing energy costs, security concerns and more demanding consumers;
Largest information infrastructure launch ever for the company that invented the disk drive, relational database -- more than 30 new and upgraded information infrastructure technologies and services unveiled;
$2 billion investment; three years and more than 2,500 IBM researchers and developers from nine different countries; key acquisitions in the last 24 months cement strategy.(1)
Average individual's "information footprint" -- the digitization of entertainment, healthcare, security, retail preferences -- will grow from 1 terabyte (about 50,000 trees cut and printed) per year to more than 16 terabytes by 2020, according to IBM.(2)
Technologies incubating in IBM's labs such as the long-term archiving project, solid state technologies, memory breakthroughs, real-time decision making to further enhance future storage offerings (see separate release on http://www.ibm.com/press).
IBM today announced its largest launch ever of new storage hardware, software and services that are the building blocks for the world's strongest information infrastructure portfolio. The new IBM offerings are designed to enable businesses, governments and other institutions to transform static data managed in silos into more dynamic information that is accessible by individuals wherever they go in a cloud computing environment.
As consumers now look to "take their information" with them -- improving their healthcare, security, entertainment, social life and consumer experience anytime, around the globe, in real time -- businesses are struggling with outdated data centers, which are unable to handle the increased information management demands.
IBM Corp.
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