Big Blue's latest big bet on cloud computing (CNET)

By Charles Cooper, CNET Wed Aug 20, 12:22 AM ET IBM is making a $300 million bet that it can turn cloud computing into a lot more than the buzzword du jour. Big Blue is spending that sum to equip 13 data centers around the world with infrastructure that will let customers access a bevy of cloud-based computer services in the event service disruptions take down their networks. The investment also constitutes the biggest investment IBM has ever made in this area, according to Brian Reagan, who directs the company's Global Strategy & Portfolio Management group. "You either would have dedicated seats or essentially a replica of your work center at that data center (shared or dedicated)," he said. "By using a lot of these virtualization techniques, when you want to move your workspace from your office we would be able to... [read full story]