Press release with lots of punctuation errors. Excerpts:

IBM today announced new software and services for mobile devices that closely mimic desktop features formerly found only on the PC. Designed for both business users and consumers, the new offerings can help individuals make better business decisions faster, while connecting friends, work colleagues and teams beyond what has been available in the PC era.

According to a recent report from IBM's Institute for Business Value, the number of mobile Internet users worldwide is projected to approach 1 billion, a 191 percent increase from 2006 and a compound annual growth rate of 24 percent. Also, 67 percent of all workers today use mobile and wireless computing.

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Using a combination of the new software and services, employees and executives on the go can have an instant view of how their business is performing, either at a company-wide or a very detailed business process level, depending on the person’s role within the enterprise. Using collaboration software, that information can then be shared across a team and action can be taken, all using a mobile device.

For example, the vice president of a major retailer can use a mobile device to get a real-time view of the company’s sales and corresponding inventory in a simple, single-screen graphic. A salesperson for the same company can view the current status for a specific customer or supplier. Both employees can exchange data and make buying or selling decisions on the go. The information provided on the person’s mobile device is based on parameters established by the employee using easy to use, drag and drop tools.

Combined with business event processing software from IBM, companies can identify patterns and establish connections between events and then initiate a trigger when a trend emerges. A business event represents a slice of time, down to the millisecond, and could be something like a stock trade or online purchase. The role of event processing is becoming increasingly important because it enables companies of all sizes and industries to analyze and respond to minute market changes based on information being collected from millions of mobile devices.

To keep up with this exploding demand for new and more powerful mobile applications, IBM is taking advantage of recent advances in cloud computing, a paradigm in which tasks are assigned to a combination of connections, software and services accessed over a network. Using any type of device like an iPhone, BlackBerry or laptop, users can reach into the cloud for resources as they need them. Cloud computing allows users and companies to pay for and use the services and storage that they need, when they need them and, as wireless broadband connection options grow, where they need them.

"The mobile Web presents one of the largest emerging market opportunities we've seen in a decade as billions of people look to access a wide range of services both for business and personal use," said Drew Clark, director of strategy, IBM Venture Capital Group. "Utilizing software assets from IBM Research combined with our services offerings provides unique opportunities to help companies quickly adapt to the mobile environment."

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The new software has been created based on IBM's extensive research and investment in the development of mobile web products and services. IBM's India Research Lab where the markets are much more mature than the and other geographies. In addition, 40 percent of specializes in mobile web research and the new software has been developed through collaboration with IBM mobile web experts in China, India and JapanUnited StatesIBM's workforce is mobile and has provided a strong testing ground for mobile web projects.

Full text at [1].