IBM says cloud business enjoying "breakthrough year"


CLOUDY WITH A CHANCE OF SUCCESS: IBM has quadrupled the number of cloud data facilities it offers around the world to 49 in the past 18 months, responding in part to laws requiring the local retention of data following revelations over US government Web surveillance as well as increased corporate compliance rules.

LONDON: IBM aims to expand the number of datacentres it offers clients around the world by 25% to meet fast-rising demand for Internet-based services, after what a company executive said has been a "breakthrough year" in 2014 for its cloud computing business. 

IBM has quadrupled the number of cloud data facilities it offers around the world to 49 in the past 18 months, responding in part to laws requiring the local retention of data following revelations over US government Web surveillance as well as increased corporate compliance rules. 

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