IBM says cloud business enjoying ‘breakthrough year’

December 17, 2014 admin announce-their, cloud-data, cnn, data-following, north, number, past, petah, premiere, the-number, theater-during, world

By Eric Auchard LONDON (Reuters) – IBM aims to expand the number of data centers it offers clients around the world by 25 percent 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 U.S. government Web surveillance as well as increased corporate compliance rules