At its PULSE 2008 conference, IBM (NYSE: IBM) today announced new software and services designed to help organizations improve the management and delivery of their business and IT services while reducing costs.

IBM today announced that it has entered an agreement with Tennessee Valley Authority (TVA) to deploy new asset and service management technology for its power-generating sites that supply energy to nearly nine million consumers. The IBM Software is designed to help the TVA staff more efficiently operate and manage its fleet of power-generating plants.