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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (52643)6/20/2006 9:08:34 PM
From: shades  Read Replies (3) of 116555
 
IBM goes BRIC

At 500 gigahertz, the technology is 250 times faster than chips in today's cellphones, which operate at 2 gigahertz.

Mish how much relevance is this going to make to you - can you read SI any faster than you already do? Can you post blogs faster than you already do? What would you use all this extra power for? My machines already sit around most of the time wasting clock cycles waiting on me.

IBM's CEO to go global and minimize thier footprint in the USA is of bigger importance I think to us USA folks.

First India:

siliconindia.com

BANGALORE: IBM Tuesday launched a new business class mainframe in India, seeking to expand its footprint into the rapidly growing mid-market enterprises.

Next Russia:

physorg.com

IBM Corp. opened its first development center in Russia on Tuesday, pledging investments of $40 million over three years to tap Russia's computing talent.

The center will focus on mainframe technology development and will quintuple its current staff of 40 specialists by 2008, IBM officials said. While IBM has previously worked with partner companies in Russia, it has had no dedicated research and development facilities and the Moscow office joins the company's overseas R&D efforts in India, China and Brazil.

"It develops our commitment to the business opportunities as we see them in the Russian Federation. It's one of the fastest-growing economies in the world and our business operations here are one of the fastest portions of IBM," said Sam Palmisano, IBM's chairman and CEO.

"The reason we decided to locate (the development center) in Moscow ... is because of the technical skills of the people here. There is a wonderful set of engineering skills, scientific skills, mathematical skills _ all the things we need in the technology industry," he said.

Half of university students in Russia study science and technology _ contributing to one of the biggest technology talent pools anywhere in the world, according to the head of IBM's East Europe and Asia operations, Kirill Korniliev.

But IBM's Russian investment is tiny when compared with what it pumps into other markets. Earlier in the month Palmisano unveiled plans to invest $6 billion over three years into software, services and customer-support work in India.

Explaining the discrepancy, Rod Adkins, vice president for worldwide development with IBM's Systems and Technology Group, said the scope of the company's operations in India was simply broader.

"You should really view this as where we are starting. My guess is it's not going to be where we end up," he said.
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