IBM is introducing a new mainframe in a bet that clients will need its souped-up speed and security to handle a surge in consumers using smartphones for everything from banking to checking health-care records.
The z13 system can encrypt and analyze data in real time and process 30,000 transactions a second, International Business Machines Corp. (IBM) announced today. That means faster and safer transactions for consumers on mobile phones. The system is the result of five years of development and a more than $1 billion investment, said Donna Dillenberger, an IBM distinguished engineer who helped develop the machine.
The mainframe is one of IBM’s signature hardware products that will help sell related software and services, and it’s debuting at a critical time for the Armonk, New York-based company. Chief Executive Officer Ginni Rometty is trying to find new sources of revenue growth from mobile offerings, cloud computing and data analytics as demand for its legacy hardware wanes.