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Following a $1 Billion Investment, IBM Releases New Mainframe System

July 25, 2023
in Trade Tube
Reading Time: 1 min read
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Dubbed the ‘ultimate private cloud,’ IBM’s z13 mainframe computing system is built to tackle the impressive growth of the mobile space and can handle 2.5 billion transactions per day. TheStreet’s Scott Gamm toured IBM’s manufacturing facility in Poughkeepsie, New York to see how the latest generation of mainframes are built. Compared to the company’s previous version, the z13 contains 300% more memory, along with a 40% increase in processing capacity and a 100% jump in bandwidth. The hardware business accounted for a significant portion, just under 11%, of IBM’s total revenue in 2014.

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