Over the past couple of months we’ve had some high profile, high impact announcements of some major investments by IBM. $1.2B going towards rolling out Softlayer to further global locations. $1B to move lots of IBM software over to the cloud and $1B to extend the reach of their high profile Jeopardy-beating software Watson. It seems that all we hear of late (other than well aimed kicks in Amazon Web Service’s direction) are some big bets and big spending by Big Blue.