Tech

Panasonic Dives Into IBM's Cloud

Stock quotes in this article:PC, IBM, MSFT, T, AMZN, VMW, DELL 

IBM already uses cloud technology within its own organization, and other firms are also increasing their cloud efforts.

Earlier this week, VMware(VMW) bought email specialist Zimbra from Yahoo!(YHOO) for an undisclosed fee, a move that was seen as a challenge to both IBM and Microsoft.

"Clearly the [email] collaboration space is one of the leading insertion points for cloud computing and cloud technology," Poulley told TheStreet. "[But] we're confident in our leadership position in the collaboration space."

IBM recently fleshed out its cloud strategy, launching its Smart Analytics Cloud, a set of technologies for firms that want to compile information across their organization.

Panasonic is not the only company turning to LotusLive. IBM will also announce a five-year deal to supply LotusLive iNotes to UTV Software, an India-based media and entertainment company.

According to Poulley, other deals loom on the horizon, but he's unable to divulge details.

-- Reported by James Rogers in New York

Related Stories:

VMware takes On Microsoft With Zimbra

Dell-Salesforce Deal Spreads Cloud Computing

Amazon Locks Up Data With Cloud VPN

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