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• IBM Spends $300 Million on Disaster-Recovery Centers

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  Rabia Rahimbayeva    Group moderator   Ambassador

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  IBM Spends $300 Million on Disaster-Recovery Centers

  International Business Machines Corp., the world's largest provider of computer services, is spending $300 million on 13 new disaster-recovery centers to help customers protect their data.
  
  IBM will add centers this year in locations such as Hong Kong, Tokyo, Beijing, Shanghai, Warsaw and IZMIR, Turkiye, Vice President Mike Riegel said in an interview. The Armonk, New York- based company currently has 155 of the facilities, which help customers maintain data and stay online in emergencies.
  
  Natural disasters and the terror attacks of Sept. 11 have prompted more companies to safeguard their files. IBM aims to take a bigger piece of the $12.9 billion disaster-recovery market by letting customers reach their data remotely. It stores corporate information in multiple locations, giving clients access to files within two hours, if not instantly, Riegel said.
  
  ``Prior to 9/11 and hurricanes Katrina and Rita, few business in the U.S. outside of power companies, telecom and financial services bothered to prepare for disasters,'' said Roberta Witty, an analyst with Stamford, Connecticut-based Gartner Inc. ``The stakes are higher because businesses are expected to remain operational 24/7, and globalization requires they do so in multiple geographic locations.''
  
  Disaster recovery is the fastest-growing part of IBM's largest business unit, technology services, Riegel said. That division reported $36 billion in revenue last year.
  
  IBM dropped 5 cents to $122.51 at 4 p.m. in New York Stock Exchange composite trading. The shares have risen 13 percent this year.
  
  IBM faces competition in disaster recovery from Palo Alto, California-based Hewlett-Packard Co. and closely held SunGard Data Systems Inc., based in Wayne, Pennsylvania. IBM agreed to buy Arsenal Digital Solutions last year to bolster its data- protection services, Riegel said.
  
  Source: Bloomberg
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  Kind Regards,
  Rabia Rahimbayeva.
  
  • 27 Nov 2008, 07:35 am
  Rabia Rahimbayeva wrote: > International Business Machines Corp., the world's largest provider > of computer services, is spending $300 million on 13 new > disaster-recovery centers to help customers protect their data. > > IBM will add centers this year in locations such as Hong Kong, Tokyo, > Beijing, Shanghai, Warsaw and IZMIR, Turkiye, Vice President Mike > Riegel said in an interview. The Armonk, New York- based company > currently has 155 of the facilities, which help customers maintain > data and stay online in emergencies. > > Natural disasters and the terror attacks of Sept. 11 have prompted > more companies to safeguard their files. IBM aims to take a bigger > piece of the $12.9 billion disaster-recovery market by letting > customers reach their data remotely. It stores corporate information > in multiple locations, giving clients access to files within two > hours, if not instantly, Riegel said. > > ``Prior to 9/11 and hurricanes Katrina and Rita, few business in the > U.S. outside of power companies, telecom and financial services > bothered to prepare for disasters,'' said Roberta Witty, an analyst > with Stamford, Connecticut-based Gartner Inc. ``The stakes are higher > because businesses are expected to remain operational 24/7, and > globalization requires they do so in multiple geographic locations.'' > > Disaster recovery is the fastest-growing part of IBM's largest > business unit, technology services, Riegel said. That division > reported $36 billion in revenue last year. > > IBM dropped 5 cents to $122.51 at 4 p.m. in New York Stock Exchange > composite trading. The shares have risen 13 percent this year. > > IBM faces competition in disaster recovery from Palo Alto, > California-based Hewlett-Packard Co. and closely held SunGard Data > Systems Inc., based in Wayne, Pennsylvania. IBM agreed to buy Arsenal > Digital Solutions last year to bolster its data- protection services, > Riegel said. > > Source: Bloomberg > ---------------------------------------- > > Kind Regards, > Rabia Rahimbayeva.