IBM's Big Plans for Cloud Computing - NYTimes.com

Excerpt from an IBM cloud competitive reality check

"On many other fronts, such as the number of machines it operates, the number of major companies running big parts of their business on IBM’s public cloud, and the new technology it appears to have built for cloud computing, IBM is arguably the laggard among the top four providers. As the SoftLayer purchase indicates, it has had to buy big for what the others have mostly grown internally.
What IBM does have, however, is a lot of money and resources it plans to throw at cloud computing. And given its experience in the early-1990s, when it faced a near-death experience after missing a major technology shift, the company may also have a belly for a swift change."

IBM's Big Plans for Cloud Computing - NYTimes.com