NEW YORK (The Street) - IBM (IBM) is pumping $3 billion into hardware innovation - trying to jump ahead of the pack in cloud and cognitive computing.
Serving as a testament to Big Blue's commitment to get on the leading side of cloud innovation, the company announced it will invest $3 billion over the next five years in two broad research and early stage development programs for chip technology. The research focuses on making semiconductors more efficient for cloud computing and Big Data systems.
IBM is taking the first in a series of steps in changing up the hardware. The areas focused on in the funded studies include, carbon nanoelectronics, silicon photonics, new memory technologies, and architectures that support quantum and, no surprise here, cognitive computing. IBM is looking continuing to shrink the chips while making them more energy efficient as well as looking to switch to different technologies for semiconductors.
One of the research programs funded by the investment is "7 nanometer and beyond." Looking to offer the smallest, IBM researchers and semiconductor experts are scaling today's 22 nanometer chip down to eventually 7 nanometers by the end of the decade. IBM said its research will produce chips that are smaller and faster and use less power.
"This is another step we see in how we rethink computing systems, the $3 billion underscores our investment to remain a leader in high performance high-end storage and cognitive computing," said Tom Rosamilia, Senior VP, IBM Systems & Technology Group in a phone interview with The Street.