International Business Machines Corporation better known as “IBM (News - Alert)” has reportedly launched a new cloud computing environment for business analytics, which is capable of helping IBM sales teams and developers’ to better meet the needs of clients worldwide.

 

The cloud, as stated will primarily cover more than a petabyte of data, the equivalent of more than 300 billion ATM transactions.

 

In addition, the company has also announced a new solution, the IBM Smart Analytics Cloud, for clients to build their own private cloud environments based on Blue Insight, IBM's Internal Business Analytics Cloud.

 

Blue Insight, IBM's cloud environment, provides access to a variety of client and market data regardless of where an employee is placed in his office. It gathers information from nearly 100 different information warehouses and data stores, providing analytics on more than a petabytes of data.

 

"This new cloud and the insights that our analytics will provide are the next step in the continuous transformation of our business to better serve our clients," said Pat Toole, chief information officer of IBM.

 

"I expect this first-of-its-kind approach will help drive both new growth opportunities as well as have a significant impact in cost savings, which is exactly the kind of client-focused value that businesses are asking of their IT organizations," Toole said.

 

Blue Insight will run on a System z10 mainframe computer with 48 processors and strong cryptography - capable of handling up to 10,000 secure transactions per second, with redundant backup support.