IBM To Generate $7 Billion In Cloud By 2015

IBM Cloud Computing

Image by Ivan Walsh via Flickr

What: “On 8 March 2011, IBM CEO Sam Palmisano said that he expected the company to generate $7 billion in cloud computing revenues by 2015. He was speaking at IBM’s annual investor meeting.”

How: “IBM recognized the opportunity in the field quite early, with its Blue Cloud strategy being launched in 2007. With its portfolio of servers, software and services, all required in cloud computing, IBM is not wrong in expecting a windfall from the technology.”

Full article on Cloudtweaks here.

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