IBM to expand investments in the UK market by opening four new centers

Market - Himanshu Gill - Nov 30,2016

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ibm to expand investments in the uk market by opening four new centres

IBM has announced that it will expand its infrastructure investments in the UK by setting up four new data storage centers in the country.

While most companies have started packing their bags after Britain voted to leave the EU, International Business Machines Corp. (IBM) has decided to increase its market presence. This brings IBM’s total data center footprint in the U.K. to six, in addition to 16 other locations across Europe. This expansion is a part of IBM’s shift towards cloud services.

The first of these new U.K. locations in Fareham will start operating in December, with the other three U.K. locations stated to be launched next year. An IBM spokesperson said that, IBM isn’t building its own data centers as it plans to lease raw space and build out its own infrastructure (electrical, networking, compute, storage, etc.) in these spaces. IBM already provides data storage for cloud clients like Boots, National Express, Dixons Carphone and Travis Perkins in the UK.

IBM is not just working to expand its operations but in a way it provides other businesses an easy route to the cloud and helps them innovate, grow and respond to market demands.

IBM currently employs around 15,000 people across the country, but it is yet to reveal how many job openings it will offer at its new sites. The UK Government has termed this new investment a boost for the technology sector. Matt Hancock, Minister of State for Digital and Culture, said "This is a boost for the growing technological sector, and yet another vote of confidence which shows Britain is open for business."

Sebastian Krause, general manager at IBM cloud services said, the company believes that UK economy will continue to be very strong and growth opportunities will prosper even after Brexit. IBM is also expected to get a footprint in the cloud operations of the UK government as well as in the public sector.