IBM to move into the clouds in a big way come 2010

Expect IBM to invest heavily into the $120 billion cloud computing market from 2010 onwards, according to an executive who spoke to eWEEK. The investments could range from acquisitions, new research and development, as well as product delivery. Indeed, Sean Poulley, vice president of online collaboration for Lotus Software, believes in a hybrid model where on-site and cloud computing are integrated into a cohesive platform.

Poulley argues the case, noting that, "There are trillions of dollars in invested capital in applications and infrastructure and companies aren't going to throw all of that stuff away." For now, Poulley declined to provide specific details on some of the company's strategy pertaining to this front, though he promised that more information will become available at IBM's Lotusphere 2010 event in a month's time.

For more on this story:
- check out this article at eWeek

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