There’s an interesting article about IBM’s remarkable second quarter results (reporting a 12% rise in net income and raising full year earnings guidance) that attributes part of the upbeat results to government spending where IBM reported that revenues from the public sector increased 7% year-over-year, which may be a sign that the federal stimulus program is showing some effect. IBM is a leader in the smart grid market and is heavily involved in some of the largest smart grid deployments in North America (and Europe.) (Image via ktylerconk)

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