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Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them. Business, that's easily defined - it's other people's money.
I.B.M. Ups Its Bet on Business Recovery Services.
I.B.M. is spending $300 million to build 13 data centers around the world, dedicated to helping corporate customers keep their businesses up and running despite power failures, natural disasters or political turmoil.
There has been a big increase in demand for these services in the last 18 months, according to Philippe Jarre, general manager of I.B.M.’s business continuity and resiliency services unit. The demand, it seems, is reflected in a nicely growing business. Though he won’t disclose sales for the business recovery group, Mr. Jarre did say it is fastest-growing business in I.B.M.’s big services division. His group must be doing well, since I.B.M. Global Services grew 16 percent last quarter.
Business continuity services are intended to help companies make sure the information technology engines of a business can recover quickly, after some calamity. A few years ago, the best companies could recover after being down for several hours or a few days.
Large companies may have their own mirror, or redundant, data centers for business recovery. That is especially true of banks and brokerage houses, whose losses and lost opportunities mount by the minute. I.B.M. may help those customers build and operate such dedicated centers. Other companies have shared space in back-up data centers run by I.B.M., Hewlett-Packard, SunGard and others.
I.B.M. said the new investment marked a fresh approach to business recovery services, using “cloud” computing in which workloads can be juggled across computers in data centers around the world and quickly accessed by users. source
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. One more thing is in the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. Remember, a business that makes nothing but money is a poor business.
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