| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Irish Last Updated: Apr 24, 2009 - 5:31:05 PM


IBM to establish Europe’s first Cloud Computing Centre in Mulhuddart, West Dublin and create 21 new jobs
By Finfacts Team
Mar 19, 2008 - 9:54:46 AM

Email this article
 Printer friendly page

IBM's Irish technology campus, at Mulhuddart in West Dublin

Minister for Enterprise, Trade and Employment Micheál Martin, TD, today announced that IBM is to establish Europe's first Cloud Computing Centre, with the support of IDA Ireland. The new centre is to be located at the IBM Innovation Campus at Mulhuddart, West Dublin. It is expected that 21 people will work in the Centre, of which 9 will be focused on research in the area of cloud computing.

The Centre will serve as a European hub to provide research and services to a number of satellite facilities to be built in Europe, Middle East and Africa. IBM experts will work directly with clients in the region, helping them adopt cloud computing solutions that spur technology research and business development.

The need for cloud computing is fuelled by the dramatic growth in business collaboration, connected devices, real-time data streams, and Web 2.0 applications such as streaming media and entertainment, social networking and mobile commerce.

Using Web 2.0 technology, IBM Idea Factory, one of the Dublin centre's first offerings to clients allows communities of business professionals to be assembled into social networks to facilitate the development of new business ideas. IBM Idea Factory for Cloud Computing captures business processes - from their beginnings as ideas to commercialization - speeding up brainstorming among employees, partners, software developers and other third party participants.

Speaking at today's announcement Martin said: “The selection of Ireland as the location for IBM's European hub for Cloud Computing highlights Ireland's role as an important contributor to IBM's global research, development and innovation strategy. The investment further establishes IBM Ireland's growing reputation as a high performance computing centre within IBM Corporation. IDA Ireland and IBM have a proactive long-standing relationship in advancing the Irish business and the implementation of strategic high value knowledge based research and development investments.”

“Our investments in cloud computing are a prime example of how IBM is seeking out emerging global market opportunities and new computing models that benefit IBM clients," said Steve Mills, Senior Vice President and Group Executive, IBM Software Group. "Through this new facility and the cloud computing model, the wealth of talent at IBM's software lab in Ireland will be accessible to not only the rest of Europe, but Africa and the Middle East as well."

Cloud computing is an attractive proposition for small to large-sized companies. It also is a green technology model that reduces energy consumption by improving IT resource utilization, therefore requiring fewer servers to handle equivalent workloads.

"Responding to demand in the market, we are moving fast to build an integrated cloud computing operation. We are adding Europe's first Cloud Computing Centre at Dublin and more facilities into a network of existing centres in China, Vietnam and the U.S. The centres can bring skills and expertise to serve our clients in building their own new enterprise data centres," said Dr. Willy Chiu, Vice President of High Performance On Demand Solutions, IBM Software Group. With such a network of centres, Dr. Chiu pointed out, "We will also address the need for open interoperability standards."

IBM High Performance on Demand Solutions Lab will work with IDA Ireland to build this centre using IBM's “Blue Cloud” technologies, a series of cloud computing offerings based on industry open standards and open source software. IBM Tivoli systems management software will manage the Cloud Computing environment.

The centre will place a focus on innovation and research activities. As part of its ongoing educational initiatives, IBM has also agreed to facilitate cloud computing training for lecturers at the Dublin Institute of Technology's School of Computing. The training will help the school to foster new skills that meet the needs of this emerging computing model.

Related Articles


© Copyright 2009 by Finfacts.com

Top of Page

Irish
Latest Headlines
National Irish Bank's losses and deposits rose in 2011
Irish Finance Bill 2012: Includes tax incentives for executives of foreign firms and mortgage relief for first time homebuyers
Elan reports pre-tax profits of $560.5m in 2011
Irish low-income families and the unemployed do not have enough money to achieve a basic standard of living
Mexican cement giant Cemex increases offer for remaining stake of Readymix Ireland
Irish pension funds increased 3.7% in January following a 2.4% drop in 2011
Vhi health insurance premiums to rise  by 6% - 12.5%
Irish Health Contribution Refunds
Sky announces 800 new customer care jobs in Dublin over next two years
Ryanair announces fiscal third quarter profit of €15m; Raises full-year forecast
High Court cuts Quinn administrators' €2.75m fee by 20%; Irish public sector institutions again shown to be the 'soft touch'
South African financial firm Investec buys Ireland's NCB Stockbrokers
Government announces measures to reform Ireland’s “arcane” bankruptcy laws; Focus on insolvency, mortgage debt and negative equity
ESRI says Ireland in top rich country ranks for per capita spending on pharmaceuticals; State's drugs bill in 2010 was €1.9bn
Irish pension funds index fell 2.45% in 2011
CRH announces investments of €0.4bn during second-half of 2011
Some 5,700 Irish companies collapsed in period 2008-2011; In 2011 unsecured creditors had €1.2bn in unpaid debt
Central Bank imposes record €3.35m fine on Combined Insurance Company of Europe; Also orders refund of €2.15m to customers
Irish pension funds down slightly in November
Survey of Irish SME firms shows 70% of firms that applied for loans got credit approval
Real cost of Irish public sector staff pensions in 2009 was €10.5bn
Irish Public Service Reform: No bonfire of quangos' "organisational zoo"; Slow-motion process is expected
European Investment Bank is lend total of €325m to ESB and UCD
US firm Prometric to create 100 jobs in Dundalk
Bank of Ireland says trading conditions remain tough
Getting Irish Business Online launches new e-commerce tool
Irish pension managed funds recovered some losses in October
Kerry reports rise in revenues in first nine months of 2011
Hedge fund administrator HedgeServ to add 300 jobs in Dublin
Bruton announces 79 jobs to be created at VistaMed - - a Leitrim medical devices manufacturer
Irish companies have reduced balance sheet pension liabilities by more than €2bn
Bord Gáis Energy Index fell 3% in September; Up 21% in 12 months
Bill Clinton to attend second 'Global Irish Economic Forum'
Irish pension fund returns down 10% in 2011; Annual inflation-adjusted returns over 10 years in the red
High Court authorises Quinn Insurance to draw €738m from State insurance compensation fund
Prospects of saving 600 Dublin jobs at online gambling operation recede
Fifty-three Irish public bodies binned survey on €15bn procurement bill; Interest on national debt at 21% of tax revenues in 2015
Chartered Accountants Ireland refers findings on Ernst & Young's audits of Anglo Irish Bank to disciplinary panel
High Court asks European Court of Justice to rule on dispute between Anglo Irish Bank and Seán Quinn/ family
Noonan publishes Bill to levy 2% on non-life insurance policies to fund bailouts required by Quinn Insurance Ltd