Big Blue Lends a Hand to Small Business
Jacqi Levy 270003E0DF JALEVY@US.IBM.COM | | Tags:  business-partners service-management product-innovation security information-insights business-agility ibm social-business midmarket software
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It takes a tenacious business owner to hold a small business together in today's economy. But sometimes, tenacity isn't enough.
In fact, small and midsize business owners have overwhelmingly stated that the biggest inhibitor to growth right now is the availability of financing (or lack thereof). Without financing, many small businesses cannot take advantage of the latest technologies like analytics and cloud, which might help them innovate and prosper despite the market conditions. .
Enter IBM -- with the understanding that SMBs play a critical role in our economic recovery, Big Blue recently announced that it will offer $1 billion in financing from IBM Global Financing to qualified small and midsize businesses over the next 18 months. Some people were surprised to hear that Big Blue was financing new technology for small businesses, but in fact, IBM Global Financing has been around for years. And with this great resource already in hand, why not make it even easier for SMBs to invest in the future? We think it makes sense. .
So far, the pundits seem to think so too, and the general public's reaction has been positive. Check out this MarketWatch video featuring AllThingsD's Arik Hesseldahl, as he talks through the latest announcement and what it means to SMBs (and please, excuse the brief commercial):
But wait -- there's more. In conjunction with this announcement, IBM also introduced an enhanced portfolio of pre-configured solutions, called Cost Buster Solutions, which combine hardware, software and services with this financing offer, in order to provide an affordable, simplified package for small and midsize businesses. The 29 solutions, which were identified based on research conducted with over 5,000 midsize business CIOs and IT decision makers, span all of the six software business needs: Turning Information into Insight, Driving Business Integration and Optimization, Connecting and Collaborating, Enabling Product and Service Innovation, Managing Risk, Security and Compliance, and Optimizing the Impact of Business Infrastructure and Services. As a result, it's now easier than ever to implement integrated solutions around Business Analytics, Help Desk, IT Monitoring, Data Protection and more.
Cost Buster Solutions help small business by improving the business case for investing in new technology through greater ROI and faster payback. They also make the financials easier to digest, preserving cash flow and lines of credit through a low, fixed monthly payment rather than an all-up-front cost.