Market Overview

IBM To Make Its Cloud Services and Software Based on Open Standards

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IBM (NYSE: IBM) today announced that its cloud services and software will be based on an open cloud architecture. This move will ensure innovation in cloud computing is not hampered by locking businesses into proprietary islands of unsecured and difficult-to-manage offerings. Without industry-wide open standards for cloud computing, businesses will not be able to fully take advantage of the opportunities associated with interconnected data, such as mobile computing and big data.

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