IBM on Monday, Nov. 16 announced it has created the world’s largest business computing "cloud" capable of holding an amount of digital data on a par with 250 billion iTunes songs. @ SAN FRANCISCO
The US technology titan’s Internet-based in-house system is called Blue Insight and is designed to enable IBM’s 200,000 employees to swiftly find answers or patterns in mountains of information.
"This new model of cloud computing will provide our employees with a single place to access real business insights, improve standards compliance, and create a repository of best practices throughout our company."
Blue Insight will gather and analyze more than a petabyte of information from nearly 100 different information warehouses and data storage areas. IBM also unveiled an offering for businesses that want computing clouds of their own. Blue Insight served as a template for the Smart Analytics Cloud systems, according to IBM.
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I had a family member that worked as a senior member of the IMF. (International Monetary Fund). They only accept payment from member countries in GOLD. They do not accept payment in local currencies. They only exchange gold for local currencies in order to fend off a local banking crisis. You can google this. The big banking boys know what real wealth preservation is. They setup their own safeguards to include a gold reserve, not a paper reserve. China, India and the US are huge gold holders. They don’t liquidate Fort Knox to pay federal debt, they just whip up a new batch of paper.