Published: Mon, March 20, 2017
Electronics | By Jesus Weaver

IBM courts fintechs with new developer cloud

IBM courts fintechs with new developer cloud

"Flex is the only service available from a major cloud vendor with simplified pricing for clients whose data usage patterns are hard to predict", the company said in a news release.

Bridget van Kralingen, SVP, industry platforms at IBM, says its "experience across financial services and in the commercial deployment of AI with enterprise and start-up builders has informed these new tools".

Interconnect is releasing a storm of IBM news, including a collaboration with Red Hat to accelerate Hybrid Cloud Adoption via OpenStack, a further cloud data management collaboration with Veritas, new functionality in IBM Watson's Discovery capabilities and an AI-driven gaming analytics initiative with PlayFab.

Veritas has certified the IBM Cloud Object Storage family of software and cloud services for use with Veritas NetBackup 8.0, making it easier for customers to migrate data from on-premises systems to the cloud for greater storage capabilities.

As part of the collaboration, IBM also announced that it has become a Red Hat Certified Cloud and Service Provider, Additionally, as part of the agreement, Red Hat Cloud Access will be available for IBM Cloud by the end of the second quarter of 2017, allowing Red Hat customers to move eligible, unused Red Hat Enterprise Linux subscriptions from their data centers to public, virtualized cloud environments in IBM Cloud data centers.

In addition, IBM has also certified NetBackup 8.0 to run on the IBM Cloud to offer clients additional data protection for cloud-based workloads.

"Our collaboration with IBM is aimed at helping enterprise customers more quickly and easily embrace hybrid cloud", said Radhesh Balakrishnan, general manager of OpenStack for Red Hat, in a statement.

IBM has announced new revisions to its Cloud Object Storage pricing model, enabling its customers to gain access to improved latency for "cold" information that is normally stored very cheaply but with practical limitations on speed of access. It will be available for order from the IBM Bluemix Catalog of services. By using IBM Cloud Integration, online retailers can integrate data coming from sales and inventory applications in the cloud regardless of where they reside. Through this dashboard it is possible to track products across the enterprise, get usage reports to help optimize environments, and integrate to other hybrid cloud services or Cloud patterns. IBM added it expects to launch the network "later this year".

IBM and Veritas are long-time partners, and joint adopters of one another's technology. Similarly, IBM Resiliency Services includes Veritas NetBackup as an integral part of its managed Backup-as-a-Service offering.

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