IBM has expanded its cloud, Big Data and mobile based security offerings as it seeks to take advantage of the expanding data security market.

Announced services include database monitoring capabilities, cloud based automated patching and mobile cloud access applications.

The move will see the IT giant expand into markets where it will see increased completion with rival company HP.

The announcement comes as IBM saw a 5 percent reduction in year-over-year profits during third-quarter announcements and experienced static growth in net income.