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As we all know, CYCH Cash Register is baked into IBM's WebSPhere solution. CYCH can probably expect to get a % of the $5 Billion revenue. Maybe why we're up this morning??
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E-Commerce Report

Qwest, IBM in e-business alliance

By Anne Stanley and Jeffry Bartash, CBS MarketWatch
Last Update: 10:03 AM ET Mar 27, 2000 Internet Daily
Internet Daily Europe New!

DENVER (CBS.MW) -- Qwest Communications and IBM unveiled a plan Monday to build 28 new Internet data centers as part of an effort to provide more businesses with web-site management, a hot growth industry.

The two companies say the deal is eventually expected to generate $5 billion in revenue. The new centers will offer the "widest spectrum of e-business services ever to be offered under one roof," including co-location, web hosting and application services, the companies said. See press release.


Both IBM and Qwest are aiming to tap into the exploding growth of the Internet. Increasingly, U.S. companies are expanding their presence on the web as a cheaper, faster, more efficient way to do business. They are turning to outsiders to run their Internet sites, whose functions are growing more and more complex.

IBM and Qwest's potential customer list includes "dot-com" companies, Fortune 1000 companies migrating their business processes to the Web, intermediaries running e-marketplaces, and application service providers.

Investors reacted favorably to the agreement. In recent trading, IBM (IBM: news, msgs) jumped 7 3/8 to 128 and Qwest (Q: news, msgs) rose 1 7/8 to 48 3/8.


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Updated:
03/27/2000 9:34:20 AM ET



Under the agreement, IBM Global Services will build and operate 28 so-called CyberCenters over the next three years. The first four centers, expected to be open later this year, will be in Dallas, Philadelphia, Sterling, Va.; and the San Jose, Calif. area.

In addition, centers are targeted for Atlanta, Austin, Boston, Chicago, Denver, Los Angeles, Washington, D.C., New York City, Phoenix, Seattle and Silicon Valley.

Most of the new centers will be built to a minimum of 100,000 square feet. All will be linked to Qwest's high-speed network.

By the end of 2000, Qwest plans to have 14 U.S. CyberCenters in operation. Once the IBM-built centers are completed, Qwest expects to operate a total of 42 CyberCenters in the U.S. and Canada.

IBM, for its part, will obtain space in the centers to offer web-hosting and other services of its own to its customers. Big Blue will become the anchor tenant in the CyberCenters it builds. IBM's existing centers will also be linked to Qwest's network.

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