February 22, 2006

IBM to Invest in Data Management

IBM is planning to cash in on the need for better information management in all organizations. The computer vendor publicized its plans to invest an additional $ 1 billion toward data management software and services over the next three years. The investment is spurred by the innovative technological advances in hardware and software, pressure from new data-intensive technologies, and the need for quality data throughout an enterprise. Computer World reports:

IBM sees a solid business reason for the investment. Steve Mills, an IBM senior vice president and Software Group executive, said customer demand for information management-related software and services is expected to give the company "double-digit" growth in those areas.

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February 22, 2006 in Software | Permalink




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