Thursday, May 12, 2011

IBM (NYSE:IBM) Smartcloud Going Down Under

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IBM (NYSE:IBM) has decided to launch Smartcloud in Australia. IBM (NYSE:IBM) Smartcloud Going Down Under IBM (NYSE:IBM) has decided to launch an enterprise-grade version of its cloud computing service in Australia. The new service is set to start by the year end. IBM engineer Michael Shallcross said, "There might be an opportunity for a shared instance in Australia if there is a large enough base of customers to use it. Our expectation is that it will almost certainly happen. I am reasonably confident the demand will be there." IBM (NYSE:IBM) shares are currently standing at 169.5. Price History Last Price: 169.5 52 Week Low / High: 120.61 / 173.54 50 Day Moving Average: 163.57 6 Month Price Change %: 14.8% 12 Month Price Change %: 32.2%



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