IBM Strengthens Its Cloud Computing Market Through Clearleap Acquisition

IBM's acquisition of Cloudleap will bolster its cloud computing domain.

As an initiative that is likely to bolster the importance of International Business Machine Corp. in the cloud-computing world, the company has announced recently that they have now acquired Clearleap – a cloud-based service provider of videos.

The company will work in collaboration with the cloud-computing platform at IBM so that they can provide the Information Technology giant with an efficient infrastructure to monetize, manage, and evolve their user video experience. This will enable the safe delivery of digital content over mobile and web based devices. So far, it has not revealed the financial aspects of the deal.

IBM has been dealing with a rampant decline in terms of the sales of hardware components. So now it has narrowed down its focus on security, analytics, and cloud computing. Apart from this, it has also acquired Silverpop – a digital marketing automation platform provider – to bolster its cloud computing.

Moreover, IBM also has Strongloop on their portfolio that offers app development software for businesses through a “JavaScript programming language Node.js.” which is open sourced. Softlayer was also acquired by IBM, which is a cloud computing storage service for almost $2 billion in the fiscal year 2013.

Other than this, the company is also trying its best to promote its cloud infrastructure. In 2014, it stated that it would spend almost $1.2 billion to develop 15 new data centers. It understands that cloud computing is the ‘next big thing’, which is likely to take it to newer heights. 

IBM at this point of time has been investing massively to promote cloud computing at its company, which is only possible through a sound infrastructure that makes it distinct from other big corporations in the Silicon Valley.

IBM is currently not only improving with cloud computing but also trying its best to improve healthcare sector through Watson. The efforts by the company’s executives show that they are destined to grow in the times to come if they continue to offer top-notch services. Moreover, it has also been reported that the organization will increase its operational activities in the Indian market that is poised to grow.

Cloud computing has gained traction in a small span of time. As predicted by IDC – a renowned research company – the cloud infrastructure “will grow by 24.1% to $32.6 billion in 2015.” This makes IBM to position in better shape. However, the intense competition in the tech sector poses a threat to every tech business.