IBM unveils new data center technology

IBM plans to help corporate data centers operate more like the Internet in a new series of offerings called "Blue Cloud," which will allow computers to work across large pools of systems rather than on local machines or remote server farms.
The technology is called cloud computing, and IBM said it is working with corporations, government agencies universities and Internet-based businesses on projects based on it.
IBM, also known as "Big Blue," said Blue Cloud will be based on open standards and open-source software supported by IBM software, technology and services.
The company expects its first Blue Cloud offerings to be available in the spring.
Shares of Armonk, N.Y.-based International Business Machines Corp. slid 4 cents to $103.40 in premarket electronic trading.
IBM shares rose 70 cents to $104.14 in morning trading.
Source: businessweek.com