December 6, 2023


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IBM set to increase storage prices in the new year • The Register

IBM set to increase storage prices in the new year • The Register

IBM has announced it is to up the obtain price of a wide vary of storage products from Jan 1, earning a good surprise to usher in the New Calendar year for clients.

The incoming storage product selling prices are detailed in an update on Big Blue’s website and do not appear to have an effect on prospects in the US, but will implement in Canada, Europe, Japan, and parts of Africa which include Morocco and South Africa.

IBM’s variations surface to comprise either a 5 per cent or 10 per cent increase on current charges, relying on the unique merchandise and territory.

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For example, some models in the FlashSystem 5000 and FlashSystem 7000 portfolios show up established for a 5 percent bounce everywhere other than Japan, wherever the increase will be 10 percent. Having said that, some products in the FlashSystem 9000 line glimpse to be climbing by 10 per cent just about everywhere besides Canada and Switzerland, where the enhance is only 5 p.c.

Meanwhile, products in the DS8000 collection of superior-overall performance, higher-potential disk arrays are because of to get 10 p.c far more high priced quite significantly just about everywhere across the board.

For tape libraries, the boost is 5 per cent throughout the board, when for some other tape storage alternatives, it is is 10 p.c in all the territories affected.

Other goods influenced consist of the IBM Elastic Storage Process (ESS), the IBM SAN Volume Controller, and IBM Cloud Item Storage (COS). These solutions are established to grow to be 10 per cent extra pricey everywhere apart from for Canada and Switzerland, where the enhance is only 5 p.c.

Even so, a observe on Massive Blue’s website states that the conditions and ailments of present contracts will establish the applicability and particular impact of the price tag variations, and directs consumers to make contact with their IBM agent or IBM Business Associate for far more data.

IBM did not cite any reason for the overhaul, which may well merely reflect an boost in expenditures owing to inflation and climbing electricity prices.

For calendar Q3, IBM claimed revenues of $14.1 billion, up 6 p.c yr-on-yr. On the other hand, it also recorded a loss of $3.3 billion when compared to a revenue of $1.23 billion a 12 months back, as noted by our sister site Blocks & Information.

The contribution of IBM’s storage solutions to these figures is tricky to discern as storage software is noted as component of its software program division, and storage hardware is provided in its Infrastructure organization success. ®