IBM Debuts New Mainframe in a $1 Billion Bet on Mobile

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IBM is introducing a new mainframe in a bet that clients will need its souped-up speed and security to handle a surge in consumers using smartphones for everything from banking to checking health-care records.

The z13 system can encrypt and analyze data in real time and process 30,000 transactions a second, International Business Machines Corp. announced today. That means faster and safer transactions for consumers on mobile phones. The system is the result of five years of development and a more than $1 billion investment, said Donna Dillenberger, an IBM distinguished engineer who helped develop the machine.