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International Business Machines Corp. (NYSE:IBM) Inaugurates Second SoftLayer Datacenter in the Netherlands

In a bid to offer disaster recovery services and greater redundancy, SoftLayer has inaugurated 2nd Data Center in Almere, the Netherlands. SoftLayer, a subsidiary of the International Business Machines Corp. (NYSE:IBM), helps to meet the promise of IBM to deliver high-value services to the doorstep of its customers.

IBM has marked the opening of its 13th datacenter in the world to increase its presence in the public cloud laaS. The Netherlands-based IBM’s cloud push has a capacity of 8,000 servers.

The new initiative is on the backdrop of IBM’s plans announced last year to expand the cloud datacenters with a capital of $1.2 billion. According to IBM, around 15 new datacenters will be established worldwide.

In the recent past, the company has increased its foothold in Paris, London, and Frankfurt through establishing additional datacenters. IBM also has established larger datacenters in the U.S., Australia, and Asia.

IBM has also announced investment plans of $3 billion to enhance internet of things capabilities.

IBM is a late entrant in the cloud field. Microsoft Corporation (NASDAQ:MSFT),, Inc (NASDAQ:AMZN)’s Web Services and Google Inc (NASDAQ:GOOGL) already has a considerable presence in the cloud field. However, IBM’s latest initiative is based on the trust of customers on its capabilities.

IBM has purchased SoftLayer in a deal valued at $2 billion in the year 2013 with an aim to grab a small slice of the cloud market.

The market for the cloud services is expected to reach $200 billion by 2020.

Google Inks $600 million Datacenter deal

The Netherlands has been fortunate to attract considerable investments from Google. Google has entered into a $600 million worth datacenter contract for ten years. The new datacenter will use locally generated wind energy for its operations.

The internet giant has already established similar accords in Sweden for Hamina based Finnish datacenter.

A myriad of cloud companies from the U.S. have already established datacenters in Europe. Apple Inc. (NASDAQ:AAPL) has announced establishing of two cloud centers in Denmark and Ireland with a capital of €1.7 billion.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.

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