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IBM Bets Big On Openstack

|Includes:International Business Machines Corporation (IBM)

IBM (NYSE: IBM) is a 100 year old company that knows how to innovate and keep earnings growing for investors. IBM announced this month all of its cloud products and services will be on open cloud architecture. International Business Machines stock ranges in price between $209.74-$213.44. Its shares reached an all-time high this month, valuing IBM at $236.3 billion. 2013 is a big year for cloud adoption. IBM is hoping to have its existing customers adopt to open source and leverage its hybrid cloud technologies. Growth opportunities for investors with IBM adopting toOpenStack as a standard would allow enterprises to propose about its service offerings. Cloud organizations that have barriers will suffer due to standardization.

Stocks: IBM