Image via CrunchBase
Annual spending on technology by small and medium businesses amounts to a quarter of a trillion dollars, according to Armonk, NY-based IBM, who recently announced that the company is launching new financing options for small-medium businesses requiring new tech hardware, software and services, making available $1 billion, according to All Things D. To make things simpler for small and medium businesses, third parties who sell IBM gear, like Ingram Micro, will interact directly with customers
“It’s a really fragmented market with literally thousands of local players. It’s a market based on long-term local relationships, stated IBM Midmarket Business general manager Andy Monshaw to AllThingsD.
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