International Business Machines Corp will announce on Wednesday that it
will ramp up efforts to sell cloud computing services to midsize
businesses, the Wall Street Journal reported on Tuesday.
The move by
IBM, a bellwether for the IT industry because of its global span and
breadth of businesses, is aimed at grabbing market share from companies
like Amazon.com Inc and Salesforce.com Inc, which have been successful
in the mid market, the paper said.
For Armonk, N.Y. based IBM, midsize companies refer to those with less than 1,000 employees, the newspaper said.
company's general manager in charge of small and medium sized
businesses, Andy Monshaw, told the Journal that the cheaper cost of
cloud computing will let the company reach a bigger base of smaller
Cloud computing is the delivery of computing and
storage capacity that allows users to, for instance, rent servers and
software to store data over a network.
IBM officials could not be reached for comment outside regular U.S business hours.
Copyright Thomson Reuters 2012