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tdp2664 E money daily IBM (NYSE:IBM) has announced new smart cloud services. IBM (NYSE:IBM) Shows Off Smart Cloud The tech giant IBM (NYSE:IBM) has announced cloud services and software. With plans to support 200 million users by the end of 2012 on its smart cloud, the company has emphasised its applications led approach. Hardware also got a look in with its foundation kit, but it was in enterprise software that the company believes it has a lead over its rivals. Erich Clementi, senior vice president, IBM (NYSE:IBM), said that, "Enterprise clients are much more conservative because their revenue, reputation and supply chain are closely related to the performance and security of their infrastructure. Our focus with smart cloud will bring the benefits of this model in a way that supports enterprise level service, leverages existing investments and opens new doors to productivity and innovation." IBM (NYSE:IBM) stocks were at 177.25 at the end of the last day’s trading. There’s been a -3.4% movement in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.9 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.91 Zack’s Rank: 2 out of 19 in the industry
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