Posted Jan. 17, 2014 at 7:21 a.m.

Premium Lock IBM to invest $1.2B in expansion of 'cloud' services

Published: 2014-01-17 07:21:00
Updated: 2014-01-17 07:21:00

Inside an IBM data center Workings servers stand inside pod one of International Business Machines Corp.'s (IBM) Softlayer data center in Dallas, Texas, U.S., on Thursday, Jan. 16, 2014. IBM is scheduled to release earnings figures on Jan. 21. Photographer: Ben Torres/Bloomberg
Tags: IBM

IBM is trying to keep up as customers shift from buying their own computer servers to relying on the cloud, where data and applications are delivered online instead of being stored locally. A slump in demand for hardware has contributed to six straight reported quarters of declining revenue, forcing the company to adapt....

Read More
Read More

WRAL TechWire any time: Twitter, Facebook

Copyright 2014 WRAL TechWire. All rights reserved.
Editor's Blog

Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read more articles…

Please Log In to add a comment.

Best of TechWire Insider

Techwire Inside Partners

OUR INSIDERS

Dr. Mike Walden
Tech economy
Vivek Wadhwa
Commentary
Frank Vinluan
Life science
Scroll