ARMONK, N.Y., Feb. 4, 2015 /PRNewswire/ -- Today IBM (NYSE: IBM) announced that Synergy Research Group has found that IBM has once again maintained its position as the #1 hybrid and private cloud provider for the enterprise. The report also lists IBM among the top providers in the cloud market for the fourth quarter of 2014.

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With Synergy Research's findings around growth specific to Infrastructure-as-a-Service, Platform-as-a-Service, hybrid and private cloud, IBM Cloud is driving growth through extensive gains with significant enterprise recent client engagements in a variety of industries.

IBM Cloud is designed for business and IBM is one of the fastest-growing enterprise cloud companies. In combining IBM's overall portfolio for the cloud market, the company is enabling its clients to address one of the most profound changes in business operations ever: a digital revolution. No enterprise is immune -- all must transform and speed is of the essence. Cloud is a platform on which the entire IBM company can deliver value that helps clients thrive.

Today's announcement builds on IBM's ongoing success with global enterprises turning to IBM to tap into new opportunities with cloud in industries ranging from healthcare, communication services transportation:

In 2014, IBM reached $7 billion in cloud revenue and significantly expanded its cloud initiatives including:

    --  IBM has invested more than 1.2 billion to expand our global footprint in
        40 cloud centers to every major financial market around the world around
        the world including Frankfurt, Mexico City, Tokyo, Mumbai, London,
        Amsterdam, Beijing, Hong Kong, and more.
    --  IBM invested $1 billion to develop Bluemix platform as a service to help
        developers and clients create cloud applications for the advancing
        hybrid cloud
    --  IBM signed more than $4 billion in multi-year enterprise cloud
        agreements with Lufthansa, WPP, Thomson Reuters and ABN Amro as well as
        strategic agreements with SAP, Microsoft, TenCent, AT&T and Intel who
        are leading with IBM's Cloud.
    --  IBM now has more than 120 SaaS offerings, IBM Cloud supports 47 of the
        top 50 Fortune 500 companies

"Synergy's findings continue to demonstrate IBM's successful commitment to enable our clients to take full advantage of the IBM Cloud portfolio to assist them in addressing existing business needs and position them for growth in the future," said IBM General Manager of Cloud Services Jim Comfort. "As the cloud platform for the enterprise, this study further demonstrates IBM's ongoing cloud leadership."

IBM has announced key cloud investments for more than a year. it has expanded its global cloud footprint and the established its PaaS development platform Bluemix PaaS to bring enterprise developers into the hybrid cloud era. IBM also launched a new Cloud marketplace that brings together IBM's vast portfolio of cloud capabilities and new third-party services in a way that delivers a simple and easy experience for the enterprise. The IBM Cloud marketplace serves as a single online destination serves as the digital front door to cloud innovation bringing together IBM's capabilities-as-a-service and those of partners and third party vendors with the security and resiliency enterprises expect.

About IBM Cloud
IBM is the global leader in open enterprise cloud enabling secure data and infrastructure integration in the cloud. For more information about cloud offerings from IBM, visit http://www.ibm.com/cloud. Follow us on Twitter at @IBMcloud and on our blog at www.thoughtsoncloud.com. Join the conversation #ibmcloud.

Media Contact:
Nicholas Smith
IBM External Relations
nssmith@us.ibm.com
212-671-9653

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SOURCE IBM

SOURCE: IBM