Shell hires IBM for Internet network

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The Hague, Netherlands--Royal Dutch/Shell Group of Cos. confirmed Friday that it plans to spend $100 million over five years on an Internet network to optimize oil storage and investment strategies. Shell selected IBM Corp., Armonk, N.Y., for the project. Shell plans to build Internet computer centers in Houston; Kuala Lumpur, Malaysia; and its Netherlands headquarters to provide 24-hour support to the oil and investment system. The move by the $149 billion oil company suggests some worldwide corporate giants continue spending on computer systems designed for competitive advantage, despite an overall downturn in the world economy.
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