(Bloomberg) -- IBM is introducing new storage software as the company tries to boost sales for higher-margin technology products.

International Business Machines Corp.’s new portfolio, called IBM Spectrum Storage, lets customers use a single dashboard to manage massive amounts of information across existing storage infrastructure, including data centers and the cloud. IBM also has pledged to spend about $200 million a year in the next five years on developing new storage offerings, the company said Tuesday in a statement.

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