Category: Expense
IBM announces $38 million data center in Singapore
IBM has announced that it will build a new $38 million datacenter in Singapore to provide cloud computing solutions and services to businesses in India. The new data center is scheduled for launch in April, and will deploy IBM’s cloud services and technology portfolio, according to a statement from the technology giant. The new datacenter [...]
Verizon to buy Terremark for $1.4 billion
Verizon is set to buy Terremark, an information technology services company, for $1.4 billion, part of an effort from the wireless carrier to boost its cloud-computing abilities. The purchase offer of $19 a share in cash is a 35% premium over Terremark’s Thursday closing stock price of $14.05 a share. In a filing submitted to the Securities [...]
IBM slated To Build Asia’s Largest Cloud Computing Data Center
International Business Machines’ ever-expanding cloud computing services will continue development in Asia. The company announced it is collaborating with Range Technology Development, out of China, to build a state of the art cloud computing data center in Langfang City in Hebei province. It will be the largest cloud computing center in Asia, says IBM. “This [...]
More Businesses are Spending money on Cloud Computing
Cloud computing and managed hosting spending by U.S. businesses will surpass $13 billion in 2014, up from less than $3 billion, according to a new In-Stat report. “Although spending across all sectors and size of business is projected to grow, there are some segments where growth will be staggering,” said Greg Potter, research analyst. “The [...]
Calculating the cost of cloud computing
Figuring out the real cost of IT and the projected return on those investments has never been very easy. And with the rise of cloud computing services where pricing can change on a daily basis, it’s only going to get more difficult. To help address this issue, Digital Fuel, a provider of applications for managing [...]
