Dr. Carl Abrams, financial services sector business executive at IBM, said data in the industry is growing at 70 percent a year.

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If Hewlett-Packard Chief Executive MarkHurdMark Hurd manages to grab technology services giant Electronic Data Systems the most interesting part won't be what the deal does for Hewlett-Packard, but what it will do to some of the Palo Alto, Calif.

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