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IBM to Roll Out Cloud Services: Report

Stock quotes in this article: IBM  

IBM(IBM Quote) this week will begin rolling out some initial products and services for cloud computing, the New York Times reports.

Cloud computing -- in which information and processing resources can be tapped from afar, over the Internet, using a personal computer, cellphone or other device -- has the potential, analysts say, to cut the costs and complexity of technology for companies and government agencies, the Times notes.

Many big companies and government agencies have been reluctant to go for cloud computing because of security and reliability concerns. ...

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