IBM (IBM.N: Quote, Profile, Research, Stock Buzz) plans to spend $300 million this year to build 13 "cloud computing" data centers where businesses can store information for quick retrieval in case their computer systems are destroyed in a disaster.
Cloud computing refers to services accessed via the Web that seem to exist in a cloud over the Internet.
The computing giant, which will unveil the plan on Wednesday, is building the sites in 10 countries, including China, Japan, Turkey, Poland, France and the United States.
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