2/9, 3:28 PM (Source: TeleTrader)
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Chart for: International Business Machines Corp

IBM reveals new high-capacity storage system

IBM announced on Tuesday that its customers will be able to purchase a new high-capacity, cost-effective flash storage system, the Flash System 5200, as well as new hybrid cloud and container-centric updates.

"As the world moves more rapidly to hybrid cloud, modernized data storage is at the foundation. Systems that provide global data availability, data resilience, automation, and enterprise-class data services are more critical than ever. Today's announcement is designed to bring these capabilities to organizations of any size," IBM Storage General Manager Denis Kennelly said.

The company added that the need for new data storage systems increased rapidly during the coronavirus pandemic and that many companies are moving faster with digital transformation than planned.

Breaking the News / VP