Compare the hardware and software patents of IBM with other companies and you will find the true value of the creative ideas of the people who work and have worked with this organization. Companies come and companies go. Many measure themselves by short term quarterly profits. The true value that IBM brings to customers is the innovation that allows us to do things that would have been impossible 10 years ago. For example, we are now able to support 104 terabytes of information in a data warehouse database and store this information in 54 terabytes. We are also able to manage workloads in a way that allows us to have all of our users sharing this one corporate repository of information. We have been able to keep performance at acceptable levels thanks to advances in the P-Series hardware and the DB2 LUW software. Concepts like vertical and horizontal parallel processing with the ability to grow in both directions with hardware and software make it possible for us to support multi-terabyte databases today and look forward to supporting petabyte databases and beyond as our companies need for information grows.
We will be able to look forward to doing business over the internet grid both visually and verbally in the near future and the information processing and storage requirements to support this type of business and to retain information for legal transaction purposes will be possible and the size of our databases will make today's data warehouse databases look small. Only with truely creative innovations in hardware and software documented by patents from people who work with companies like IBM will customers like us be able to look forward to doing business in a competitive way in the future.
Thanks IBM. I appreciate and value the creative ideas that can be measured in the quantity and quality of the patents that you develop every year. Other people have always followed your lead and so long as you continue to invest in the people and the research and development that they do, you will have a chance to remain a viable company. I hope IBM is here 100 years from now and investing in the creative ideas of people around the world as they do today.