Armonk, N.Y. - IBM has launched a companywide initiative that combines its software and industry consulting expertise to help companies tie data together across disparate business processes"Next to people, information is a company's greatest asset, but it's value can't be realized if it's not effectively managed and delivered to the right people, business applications and processes," says Steve Mills, senior vice president, IBM software group. "While there's no shortage of individual piece-part products out there to help manage, search, secure and store information, companies drowning in data need a holistic approach if they have any hope of using their information for real business advantage. By combining our software and consulting expertise, IBM is helping clients unlock the real value of their business information."

To capture this business opportunity, IBM will make a $1 billion investment over the next three years to expand its information management software development. IBM will also expand its commitment to helping clients deliver more business value from innovative uses of information by dedicating 15,000 skilled practitioners globally to this opportunity and growing this base of expertise by 65 percent over the next three years.

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