Leading multi-national computer technology IBM has joined the list of companies jostling for position in the cloud computing space. For this purpose, the company would invest $2 billion in India over the next three years.
According to multi-national computer technology, with the proliferation of the mobile Web, the average individual's "information footprint" - the digitization of entertainment, healthcare, security, social networking, retail preferences - will grow from 1 TB (about 50,000 trees cut and printed) per year to more than 16 TB by 2020.
Leading blue chip firm, IBM has made an offer to its retrenched workers in US and Canada to serve in developing markets such as India, China, Nigeria and Brazil. The company is also reported to be in favor of shifting its North American employees to Eastern Europe, sensing some better environment in these regions as compared to slowdown hit North American region.
IBM has recently announced an even speedier supercomputer, just after seven months it came out with world's fastest supercomputer. The new one however is being learnt to have computing power of 2 million laptops.
A countersuit has been filed by Apple's iPhone man-in-waiting, Mark Papermaster, against his former employer, in a dispute over a non-compete agreement. 
IBM has launched a program which aims at sponsoring talented engineering students from various leading technical institutes of India. The program also aims at encouraging further researchers in the region. 
An array of about 40 solutions were released today by IBM, taking off from the global concern of skyrocketing data volumes, the perennial lack of physical storage spaces and being sensitive about carbon footprints. These solutions will aim at tackling this data overflow using technologies, which are 'disruptive' in nature. 
