IBM unveils new server model to tackle big data and analytics
Published on Apr 24, 2014 1:55 AM
NEW YORK (REUTERS) - International Business Machines Corp, in its latest attempt at reviving demand for its hardware products, is launching high-end system servers that it says are 50 times faster than its closest competitor at analysing data.
The POWER8 servers, the product of a $2.4 billion (S$3.02 billion), three-year investment, are part of the company's decade-long shift to higher-value hardware technology. IBM said the machines are 50 times faster than the low-end x86-based servers it sold to Chinese PC maker Lenovo Group Ltd in January..
The technology services provider said on Wednesday it hopes the servers, designed for large-scale computing, will appeal to clients looking to manage new types of social and mobile computing and mass amounts of data.
Last week, the company reported its lowest quarterly revenue in five years, weighed down by falling demand for its storage and server products.
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