Monday, November 16, 2009

IBM's new service jumps on cloud computing bandwagon

IBM launched a new cloud computing service on Monday, aiming to take on companies such as Amazon.com Inc, Google Inc, Microsoft Corp and Salesforce.com Inc.

Cloud computing allows companies to run software and store information in remote, large-scale data centers that can be accessed over the Internet. That means users can cut back on hardware, as well as space and electricity.

International Business Machines Corp said it was launching a service called "Smart Analytics Cloud," its biggest cloud computing service yet and that it would first be adopted internally.

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