At the annual Lotusphere conference, IBM (NYSE:IBM) and SAP AG (NYSE: SAP) announced the planned March release for their first joint software product called Alloy(TM). At Lotusphere, IBM and SAP showcased successful early results of this product with several customers, including Colgate-Palmolive and Arla Foods.

Today at Lotusphere, IBM (NYSE: IBM) unveiled a range of Web 2.0 and collaboration tools to enable enterprise mashups and social software, and help clients improve agility and speed decision-making for an increasingly virtual, global workforce.