IBM Invests $1B to Deliver Unique PaaS Capabilities

IBM has announced a unique new development environment and capabilities-as-a-service to help clients and developers speed the adoption of “hybrid” clouds, which have the potential to usher in a new era of innovation across the enterprise. As part of its initiative, IBM has invested more than $1 billion for software cloud development and is launching new capabilities running on SoftLayer.
With today’s news, IBM is addressing three fundamental issues to help speed the adoption of hybrid clouds.
1. Enabling enterprise developers for the cloud: According to Evans Data, there are more than 18 million software developers worldwide yet less than 25 percent are developing for the cloud today [1]. As the industry moves to the cloud era, millions of developers are

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