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IBM Sees a Break in Cloud Technology

Stock quotes in this article: IBM , GOOG , CSCO , ORCL , MSFT  

IBM (IBM Quote) took a swipe at Google (GOOG Quote) and Cisco (CSCO Quote) Monday, launching a set of services for sharing information over the Web, scheduling meetings, and developing online social networks.

This so-called cloud technology, dubbed Bluehouse, uses IBM's Tivoli, Lotus, and Rational software to send files across corporate firewalls and set up online meetings. The beta version of Bluehouse, which is available now, also lets users build networking communities through a Web browser.

IBM is keen to open up new revenue streams by merging its existing products into services that tap into the growing popularity of what is called the Web 2.0 era. Earlier this year, for example, Merrill Lynch estimated that cloud computing represents a $95 billion market in business and productivity applications. ...

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