IBM invests $1bn in information management

IBM is to plough $1bn (£0.6bn) into information management software development over the next three years.

IBM is to plough $1bn (£0.6bn) into information management software development over the next three years.

The new direction will involve an alignment of the company’s software and consulting arms and the deployment of 15,000 staff across the globe, as IBM seeks to increase its “base of expertise” in information management by 65% over the next three years.

The company has also announced six new solution portfolios, new software products, a step-by-step assessment tool and a centre of excellence to help clients outline their data management requirements.

Steve Mills, senior vice president, IBM software group, said: “While there's no shortage of individual piece-part products out there to help manage, search, secure and store information, companies drowning in data need a holistic approach if they have any hope of using their information for real business advantage.

"By combining our software and consulting expertise, IBM is helping clients unlock the real value of their business information.”

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