IBM allots US$10b for upgrading

  • Business Premium
  • Tuesday, 25 Feb 2003

IBM Corp is budgeting US$10bil over two years to expand its e-business on demand infrastructure tailored towards making small and medium-sized companies more competitive or cost-effective. 

According to IBM senior technical staff member (iSeries marketing) Malcolm Holmes, e-business on demand is used to describe a new movement in business and computing that allows companies to respond in real-time to fluctuating market conditions and provide products and services to customers on demand. 

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