Armonk, N.Y. • International Business Machines Corp. spent more than $1 billion over four years to develop a new mainframe computer, betting it can keep up with businesses shifting to cloud-based software and storage.
The company unveiled the zEnterprise EC12 mainframe server Tuesday, the latest iteration of a 48-year-old product. It's the outcome of research and development around the world to make the fastest, most technologically advanced and most secure IBM mainframe yet, said Rod Adkins, senior vice president of systems and technology.
Even as IBM shifts its focus to more profitable businesses such as software, "the mainframe is central in that strategy," Adkins said. "When you think about how our business model over time will continue to drive more from software and services, you still have to have the foundation."