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The Armonk-based IBM stated it would integrate Spanugo’s software into its public cloud.
The one subsegment forecast for increased spending is cloud computing.
IBM credited the patents to contributions from more than 8,500 inventors working in 45 states and 54 countries.
The new platform was developed in collaboration with Bank of America.
"IBM is unleashing its software from the data center to fuel the enterprise workload race to the cloud," said Senior Vice President Arvind Krishna.
When the IT consultancy first opened 20 years ago, mainframes and dumb terminals were considered cutting-edge.
Monahan was previously president and later CEO of Zitter Health Insights, and was earlier the senior vice president of corporate services at Barnabas Health.
Crown World Mobility is a division of the Crown Worldwide Group, a Hong Kong-headquartered transportation, relocation services, logistics and storage services provider.
Datto CEO Austin McChord will continue as the chief executive of the merged entity, which will have 1,300 employees and offices in nine countries.
This is the second upgrade in a week to Pitney Bowes’ existing business services – last week, the company debuted its SendPro C-Series.
ConnectKey-enabled printers and multifunction devices to be sold under VersaLink and AltaLink brands.
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