International Business Machines

As it became known, IBM started a long-awaited upgrade to a range of its servers and other hardware targeting to make them more energy-efficient. This move will let IBM production to be more competitive than rival HP and Sun Microsystems products.

According to, International Business Machines Corp Monday report, the new POWER7 system, including new microprocessors, storage and middleware, will be able to process more data than its predecessor POWER6, making them useful for utilities with electrical grids or banks conducting electronic trading.