Jai Menon is CTO of the Systems and Technology Group at IBM that covers servers, storage and networking - everything that’s not software, middleware or services. Menon is a direction setter on the hardware side at IBM and on the lookout for new opportunities internally, and possible acquisitions among startups and venture groups.

Businesses and consumers are getting a lot of high-level advertising and messaging about new computing models, IBM’s “Smarter Planet” campaigns, for instance. What does that really mean for the future?

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