International Business Machines Corp (NYSE:IBM) declared the opening of the launching of four new IBM Cloud data centers in the U.S. in support of the expanding demand for cloud infrastructure.
The new centers will be in a position to provide access to services including IoT, quantum computing, blockchain as well as cognitive computing. The global IBM Cloud network involves cloud data centers in the local markets throughout the world. It allows clients to run their applications and data locally in order to meet performance as well as regulatory needs.
IBM has data centers in 19 countries across six continents. Hence, the enterprises can provision cloud infrastructure where and when they need. The new cloud data based in the United States are designed to provide users with infrastructure to assist in managing as well as gain insights from the data while still benefiting from the company’s advanced cognitive services on the IBM Cloud with Watson.
New facilities will be opened in Texas, Dallas and additional new facilities in Washington D.C. they form a significant progress in the company’s investment goals to expand its footprint in the global market this year.
Escalating demand
The demand for hybrid as well as public cloud infrastructure is expected to keep growing as the enterprises significantly shift to AI in order to generate value for their data. IDC reported that the global investment of public cloud services and the infrastructure will be approximately $203.4 by the year 2020 marking a 21.5% annual growth rate, compound. This is almost 7 times the overall IP investment growth rate.
John Considine, cloud infrastructure general manager at IBM stated that the company is making significant investments to expand their global cloud centers during this year as well as providing the required infrastructure needed by the enterprises to run their cognitive, blockchain, big data and IoT workload. He added, “IBM’s growing global cloud footprint gives the enterprises the flexibility and scale to run their most complex workloads when and where they need.”
The new facilities established in the U.S. will assist the companies in digitizing their business and operations as well as drive cognitive innovation via the IBM Cloud. Customers of various sizes have already adopted the IBM Cloud and enjoying the benefits such as Halliburton and Bitly.
The stock of IBN closed at $160.06 after a fall $0.33 or 0.211% on Wednesday.