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By China Martens, IDG News Service

The emerging nations of Brazil, China, India, and Russia together represented five percent of IBM's second-quarter revenue, and the vendor is looking for those revenue levels to double over the next four years.

"These emerging countries are among the fastest growing IT markets in world -- and we're investing to capture growth," Mark Loughridge, IBM's chief financial officer, told analysts during a Wednesday conference call to discuss the vendor's latest financial results for the three months ended June 30.

IBM's revenue in China and India grew over 30 percent in the second quarter of fiscal 2007 compared with the same period a year ago. In Brazil, IBM's revenue rose nine percent, while the vendor's revenue in Russia rocketed by 52 percent versus the year-ago quarter.

Asia-Pacific helped IBM's global services operation continue the return to health it began to demonstrate in the first quarter. Previously, IBM's overall services business had shown little or stagnant growth. Second-quarter revenue growth for the unit was up 10 percent to $13.1 billion on the year-ago quarter. Eleven deals signed in the quarter were larger than $100 million, according to Loughridge. IBM is also seeing more revenue growth from its existing customer base as it invests in the vendor's services, he said.

In the area of strategic outsourcing, IBM saw particularly strong revenue growth in India with an increase of nearly 150 percent.

source: infoworld.com

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