The extended offering, called IBM Cloud Satellite, allows customers to control how they store their information, some of which is kept internally in what is known as the private cloud, and other data is stored in public clouds such as Amazon.com Inc’s AWS or Microsoft Corp’s Azure Blue. Lagging behind cloud services, IBM is targeting highly regulated industries such as banking and healthcare, which have been slow to adopt internet storage solutions due to security and scale concerns. For these industries, integrating public and private clouds has proven to be…

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