IBM (NYS: IBM) has announced that they'll be going into cloud computing. Already a leader in so many parts of the enterprise space, this is a foray into another gigantic growth market. In the above video, Fool.com analyst Andrew Tonner provides the full run-down on this story, including what it means for current front-runners in the cloud computing arena.
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The article Big Blue Targets the Cloud originally appeared on Fool.com.
Andrew Tonner has no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com and International Business Machines and has the following options: short JAN 2013 $150.00 calls on Salesforce.com and long JAN 2013 $150.00 puts on Salesforce.com. Motley Fool newsletter services recommend Amazon.com, Rackspace Hosting, and Salesforce.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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