Thursday, May 21, 2009

IBM Targets SMBs with New Software

Information technology giant IBM has teamed up with finance management software vendor Intuit Inc to launch an appliance in the United States that eases the business operation of small and medium-sized enterprises.

The appliance, the “Smart Cube,” is in fact designed to capitalize on the growing need for technology in the small and medium business sector. Moreover, the launch came at a time when the U.S. stimulus bill is set to offer financial support and subsidy for smaller enterprises investing in technology.

The Smart Cube is bundled with applications like email, calendaring, security, accounting tools and finance management software.

IBM says it has been inspired to launch such a package in the United States following the success of similar offerings in India.

There is another reason to launch such a package, according to IBM. The IT major has cited a recent study report from IDC (News - Alert), which estimated that the global market for small-business technology will be worth $675 billion by 2013.

IDC had even suggested that combining hardware, software and services in a single product could be an ideal way to attract the attention of small enterprises.

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