IBM is preparing to open some of its technology to Chinese companies in a bid to help the country build up its IT industry.
The move is likely to help IBM find more success in a market which is undergoing constant moves in technology regulations.
Reuters news agency reported that IBM CEO Virginia Rometty told an audience at this week’s China Development Forum: “If you’re a country, as China is, of 1.3 billion people you would want an IT industry as well.
“I think some firms find that perhaps frightening. We, though, at IBM…find that to be a great opportunity.”
In January, Suzhou PowerCore Technology Company and the Research Institute of Jiangsu Industrial Technology announced the two Chinese organisations will join the OpenPOWER Foundation, with Suzhou PowerCore intending to use IBM’s POWER architecture to provide chip design solutions to push server innovation in such areas as Big Data, cloud computing and next generation data centres.
A spokesperson for Suzhou said: “This new model of global collaboration among foundation participants promises to bring much more choice and value to information technology users throughout China.” Previous to this, August 2014 saw IBM partner up with a once server rival Inspur to help develop server technology for companies in China.
But Rometty’s remarks are the clearest statement yet of IBM’s eastern intent. During the fourth quarter of 2014, IBM reported a one percent dip in Chinese revenues compared to the previous year.
Digital transformation is an ongoing journey, requiring continuous adaptation, strong leadership, and skilled talent to…
Australian computer scientist faces contempt-of-court claim after suing Jack Dorsey's Block and Bitcoin Core developers…
OpenAI's ChatGPT gets search features, putting it in direct competition with Microsoft and Google, amidst…
New Google Maps allows users to ask for detailed information on local spots, adds AI-summarised…
US-sanctioned Huawei sees sales surge in first three quarters of 2024 on domestic smartphone popularity,…
Apple posts slight decline in China sales for fourth quarter, as Tim Cook negotiates to…