IBM to Invest $1.2B in Global Cloud Network; Erich Clementi Comments

IBMIBM Corp. (NYSE: IBM) plans to invest more than $1.2 billion in cloud centers worldwide in an effort to help customers manage big data and run information technology operations.

IBM intends to open 15 new global data centers from SoftLayer and 12 from IBM and deploy cloud services from 40 centers worldwide in 2014, IBM said Friday.

Erich Clementi, senior vice president of IBM global technology services, said the company aims for the investment to grow IBM’s cloud footprint worldwide in order to deliver customer services.

IBM plans to establish data centers in China, Washington, D.C., Hong Kong, London, Japan, India, Canada, Mexico City and Dallas this year and in the Middle East and Africa in 2015.

Clients are able to use the IBM SoftLayer cloud environment to meet business demands and view data location and security posture.

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