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2004
IBM launches the Center for Business Optimization, combining management consulting,
advanced mathematical research, business performance management software capabilities and
deep computing power to help solve some of the most complex problems facing businesses and
government agencies around the world. The Center will draw on the analytical resources of IBM
Research, which hosts the largest population of management scientists, mathematicians and
computer scientists in the industry. It also will work closely with IBM's business strategy and
business intelligence consultants of IBM Business Consulting Services, and the business
performance management experts of the IBM Software Group. In addition, the Center for
Business Optimization will use the computing power of IBM's global network of on demand
supercomputing centers, including those in Poughkeepsie, N.Y.; Houston, Tex.; and Montpellier,
France.
LGIBM PC Co. announces that the joint venture will be dissolved into its separate parent
companies, LGE and IBM Korea, effective January 1, 2005. LGIBM PC Co. was established in
November 1996 and had become a leader in the Korean computer marketplace.
Products & Services
The company announces the IBM eServer zSeries 890, a powerful mainframe for medium sized
enterprise customers. It extends the capabilities of the company's flagship IBM eServer zSeries
990 mainframe to mid sized companies at a lower entry cost and size.
In February, an IBM eServer p690 server system with 32 POWER4+ microprocessors running
on DB2 Universal Database v8.1 shatters the world record for computing processing power using
half the number of chips of the competition to process 1,025,486 transactions per minute.
On October 5, IBM announces the IBM eServer p5 520 and p5 550 Express models. Based on
the IBM POWER5 microprocessor, these Express servers introduce mainframe inspired
technology and performance to clients at prices and configurations that fit the budgets of even
the smallest midsize firms. Ten days later, the company rolls out the IBM eServer p5 595 and
eServer i5 595 to provide powerful capacity, virtualization capabilities and performance, along
with the new 32 way IBM eServer p5 590 up to 45 percent faster and costing 45 percent less
than its predecessor, the highly successful eServer pSeries p690. The three new systems
introduce new economics to the IT industry by providing the ability to run over 250 virtual
servers on a single machine. The next month, an IBM eServer p5 595 running DB2 attains a
milestone in computing history, soaring past the barrier of three million transactions per minute
on the TPC C benchmark and setting a new world record for computing speed.
IBM unveils in November a pre release version of a new sleek, high density POWER5
processor based server system the p5 575 that can be easily clustered for high performance
supercomputing.
The company in May introduces the eServer i5, the first systems to be powered by the much
anticipated POWER5 microprocessors. Running i5/OS, the next generation of OS/400, the new
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