Why?
There are currently any number of fool-companies operating in this area so why did the EU single out IBM for a, granted, relatively small donation?
IBM is working with 17 European organisations to develop its cloud computing initiative. Partly funded by a European Union €17m grant, the project will look at managing IT services across domains, IT platforms and geographies. The project is called RESERVOIR - Resources and Services Virtualisation without Barriers. A release …