IBM wants to invest three billion USD in research in the coming years

American-based hardware and software company International Business Machines (IBM), one of the largest information technology and service provider, announced its intent to invest three billion USD over the next five years in research, to develop a new way to generate competitive advantages for companies in the hardware business, the company told The Diplomat-Bucharest.

2014-08-22 15:50:02

These investments are seeking to propel innovation in the semiconductor field that will lead to increasing the speed of communication and the significant reduction of energy consumption, according to Valeriu Nistor, IBM country director in Romania. "The teams will comprise IBM Research scientists and engineers from Albany and Yorktown, New York, Almaden, California, and Europe," Nistor tells The Diplomat-Bucharest.

"In particular, IBM will be investing significantly in emerging areas of research that are already underway at IBM such as carbon nanoelectronics, silicon photonics, new memory technologies, and architectures that support quantum and cognitive computing."

Currently, IBM is focused on new strategies such as cloud technologies, providing Big Data & Analytics capabilities, Mobile, Social Business and Security. Moreover, worldwide "IBM has shaped development strategies based on customer needs, which are more and more complex, and on the continuous market changes of the business environment. So Cloud, Big Data and Analytics, Mobile Computing and Social Business are the key business priorities of this year," adds the country director. According to Nistor, customers are looking for new modalities to store and process data efficiently, while they benefit from advanced security. "IBM Big Data & Analytics solutions help clients to process large volumes of data and generate viable business insights in real time, achieving a competitive advantage, very important in the current economic environment," adds Nistor.