{"id":9245,"date":"2013-10-01T06:18:09","date_gmt":"2013-10-01T10:18:09","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=9245"},"modified":"2013-10-01T06:18:09","modified_gmt":"2013-10-01T10:18:09","slug":"international-business-machines-corp-nyseibm-cloud-computing-kingpin-ibm-invests-8-million-in-spain","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/international-business-machines-corp-nyseibm-cloud-computing-kingpin-ibm-invests-8-million-in-spain-9245","title":{"rendered":"International Business Machines Corp. (NYSE:IBM) \u2013 Cloud Computing Kingpin IBM Invests $8 Million In Spain"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 10\/01\/2013 (wallstreetpr) &#8211; Cloud computing revolutionizes the way companies network with each other today and International Business Machines Corp. (NYSE:IBM)who is in the forefront promoting this technology has further established its belief in it by investing $8 million in opening a cloud computing service center in Cerdanyola del Valles, Barcelona. Spain may have got its first cloud center while it is the twenty sixth cloud center for IBM. Spain already has an IBM datacenter called \u2018la Caixa\u2019 from where these cloud computing services are to be catered to the customers across the world.<\/p>\n<p style=\"text-align: justify;\"><b>IBM and CaixaBank synergize for greater benefits<\/b><\/p>\n<p style=\"text-align: justify;\">This investment for IBM is set to bring revenue of $7 billion by the end of 2015 of which $3 million is new net revenue. The opening ceremony saw some of the stakeholders of this operational facility like Felip Puig, Councillor for Enterprise and\u00a0<em>Employment<\/em>\u00a0of the\u00a0<em>Generalitat<\/em>\u00a0of Catalunya, the regional governing body of Catalonia, Juan Maria Nin, CaixaBank vice-president and CEO\u00a0 and Marta Martinez, Country General Manager, IBM Spain, Portugal, Greece and Israel.<\/p>\n<p style=\"text-align: justify;\">This facility puts Spain on the digital world map as it increases cloud services between Barcelona and the rest of the world claims Marta Martinez, Country General Manager, IBM Spain, Portugal, Greece and Israel. CaixaBank \u2018s management has reassured its stake holders that this initiative has been taken keeping in mind the excellent infrastructure of the CaixaBank building and the pioneering administration of IBM on its campus and is sure to achieve stellar success as regards technology enhancement and revenues.<\/p>\n<p style=\"text-align: justify;\"><em><b>Generalitat de Catalu\u00f1a strives to move government applications to cloud services<\/b><\/em><b><i> <\/i><\/b><b><i>\u00a0\u00a0\u00a0<\/i><\/b><\/p>\n<p style=\"text-align: justify;\">The governing body of Catalonia (the local government) has too invested in opening this facility in one of its data centers to facilitate the servicing of the general public through cloud technology in the departments of Health, Well-Being and Family. The Generalitat has signed this 10-year contract in the fourth quarter of 2012 and stands to gain EUR140 million at the end of it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 10\/01\/2013 (wallstreetpr) &#8211; Cloud computing revolutionizes the way companies network with each other today and International Business Machines Corp. (NYSE:IBM)who is in the [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":9246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1053,1797,3112],"stock_ticker":[],"class_list":["post-9245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-nyseibm","tag-international-business-machines-corp-nyseibm","tag-international-business-machines-corp","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>International Business Machines Corp. 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