Mon 6 Mar 2006
IBM to invest $1bn in Information Management
Posted by Sim' under General
IBM announced a US$1 billion investment in Information Management technology over the next three years to “combine its software and industry consulting expertise to help clients better compete in the global economy through uninhibited access to accurate, reliable and trustworthy business information.”
Essentially, IBM is focussing its consulting and software arms on driving new technology solutions around the management of information - which is really the most critical part of any business. IBM’s announcment indicates that “the closer alignment and combination of IBM’s middleware portfolio and consulting expertise will help clients rapidly plan and deploy new initiatives that unlock information from departmental silos and use it in innovative ways across their enterprises.”
Read the full press release: IBM Initiative to Capture New Growth Opportunities in Information Management
More commentary available from NetworkWorld: IBM bets $1 billion on information management (IDG), ITNews.com.au IBM to invest US$1bln for “info-on-demand” practice (Reuters), and The Register: IBM finds the strength to make another $1bn pledge
Tags:consulting, ibm, information management, investment, middleware