IBM Initiative to Capture New Growth Opportunities in Information Management

IBM Initiative to Capture New Growth Opportunities in Information Management

IBM today announced a company-wide initiative that combines its software and industry consulting expertise to help clients better compete in the global economy through uninhibited access to accurate, reliable and trustworthy business information. To capture this business opportunity, IBM will make a $1 billion investment over the next three years to expand its information management software development. IBM will also expand its commitment to helping clients deliver more business value from innovative uses of information by dedicating 15,000 skilled practitioners globally to this opportunity and growing this base of expertise by 65 percent over the next three years.

IBM is further aligning its software and consulting arms to address an emerging business opportunity estimated to reach $69 billion by 2009 (18% CAGR), driven by a convergence of emerging challenges facing businesses today – including globalization, mergers and acquisitions and regulatory compliance. These factors have ignited client demand for new insight and technology to enable them to innovate and grow their business while managing the complexities of increased competitive pressures and information overload.

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