IBM recently announced plans to commit over $1.2 billion to expand its global cloud footprint.
The investment includes a network of data centers designed to bring clients greater flexibility, transparency and control over how they manage their data, run their businesses and deploy their IT operations in the cloud. This year IBM plans to deliver cloud services from 40 data centers worldwide in 15 countries and five continents globally, includingCanada.
“IBM is continuing to invest in high growth areas,” said Erich Clementi, senior vice president of IBM Global Technology Services. “Last year, IBM made a big investment adding the $2 billion acquisition of SoftLayer to its existing high value cloud portfolio. Today’s announcement is another major step in driving a global expansion of IBM’s cloud footprint and helping clients drive transformation.”
According to IBM, the combination of distributed local data centers and a global network allows clients to place data where it is required, when it is required as well as the ability to consolidate or aggregate data as needed. This provides optimized application performance and responsiveness, says IBM.
“Cloud represents a growing area for venture capitalist investment,” said Ann Winblad, co-founder and Managing Director of Hummer Winblad Venture Partners. “By investing in the cloud ecosystem, IBM not only makes it easier for enterprises to adopt cloud and drive innovation, but also helps new companies of all sizes get off the ground more quickly.”
IBM’s Canadian operations are headquarters in Markham, part of the Greater Toronto Area’s York Region, which is home to 3,900 information and communications technology companies, making it Canada’s highest ICT industry concentration and the leading enterprise solutions technology cluster.