IBM unveils new mainframe server

29 Aug 2012

1

IBM has spent over $1 billion over a four-year period in developing a new mainframe computer, as businesses shift to cloud-based software and storage.

The Armonk, New York-based company unveiled the zEnterprise EC12 mainframe server today, the latest iteration of a 48-year-old product. According to Rod Adkins, senior vice president of systems and technology, the product is the outcome of over $1 billion in research and development around the world to make the fastest and most secure IBM mainframe yet.

Even with IBM shifting its focus to more profitable businesses such as software, the mainframe was central to the strategy, Adkins said in an interview.

Revenue in IBM's System Z mainframe line was down 17 per cent in the first half, from a year earlier, contributing to a decline in the $8 billion systems and technology business, according to a regulatory filing.

Large enterprises including banks, retailers and government agencies buy mainframes to support their data systems.

According to Adkins, IBM's EC12, the first update since 2010, had 50 per cent more capacity than its predecessor and ran at 5.5 GHz, the fastest in the industry.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers