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Reuters: IBM reworks storage strategy to tame flood of data

Reuters writes: "IBM is making a major push on Monday to upgrade computer storage products and services it offers customers struggling to manage mountainous piles of data being created inside their organizations.

The company is announcing more then 30 new or upgraded products or services that are the result of a $2 billion investment over the last three years involving thousands of IBM researchers and eight acquisitions of data storage start-ups.

Even as the economy slows and businesses move to slash spending on computers and network gear, sales of storage will continue to spiral -- at least until someone invents a way for companies to stop collecting so much data, analysts say."

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