Quoting from the IBM official announcement:
In Shanghai today, IBM unveiled plans for “Blue Cloud,” a series of cloud computing offerings that will allow corporate data centers to operate more like the Internet by enabling computing across a distributed, globally accessible fabric of resources, rather than on local machines or remote server farms.
Blue Cloud, built on IBM’s expertise in leading massive-scale computing initiatives, will be based on open standards and open source software supported by IBM software, systems technology and services. IBM announced today that its Blue Cloud development is supported by more than 200 IBM Internet-scale researchers worldwide and targets clients who want to explore the extreme scale of cloud computing infrastructures quickly and easily.
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IBM’s first Blue Cloud offerings are expected to be available to customers in the spring of 2008, supporting systems with Power and x86 processors. At an event in Shanghai today, IBM demonstrated how cloud computing technologies, running on IBM BladeCenters with Power and x86 processors and Tivoli service management software, dynamically provision and allocate resources as workloads fluctuate for an application.
Blue Cloud – based on IBM’s Almaden Research Center cloud infrastructure — will include Xen and PowerVM virtualized Linux operating system images and Hadoop parallel workload scheduling. Blue Cloud is supported by IBM Tivoli software that manages servers to ensure optimal performance based on demand. This includes software that is capable of instantly provisioning resources across multiple servers to provide users with a seamless experience that speeds performance and ensures reliability even under the most demanding situations. Tivoli monitoring checks the health of the provisioned servers and makes sure they meet service level agreements…