IBM opens “Innovation Factory” - a virtual high-tech market place

Today IBM announced a software platform that is supposed to work as an online market space for high-tech companies. The project is called Innovation Factory. This is what IBM says in a press release today at the US largest wireless industry event - the CTIA Wireless show in Orlando, Florida:

Innovation Factory uses a blend of Web 2.0 social networking technologies to help companies rapidly conceive and test new products and services, accelerating a launch process that often takes years down to mere days.

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