International Business Machines Corporation (IBM) is an American multinational information technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. The company began in 1911 as the Computing-Tabulating-Recording Company (CTR) and was renamed “International Business Machines” in 1924.
IBM manufactures and markets computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization, holding the record for most U.S. patents generated by a business (as of 2018) for 25 consecutive years. Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, exemplified by the System/360, was the dominant computing platform during the 1960s and 1970s.
IBM has continually shifted its business mix by commoditizing markets focusing on higher-value, more profitable markets. This includes spinning off printer manufacturer Lexmark in 1991 and selling off its personal computer (ThinkPad/ThinkCentre) and x86-based server businesses to Lenovo (2005 and 2014, respectively), and acquiring companies such as PwC Consulting (2002), SPSS (2009), The Weather Company (2016), and Red Hat(2018). Also in 2014, IBM announced that it would go “fabless”, continuing to design semiconductors, but offloading manufacturing to GlobalFoundries.
Nicknamed Big Blue, IBM is one of 30 companies included in the Dow Jones Industrial Average and one of the world’s largest employers, with (as of 2017) over 380,000 employees. Known as “IBMers”, IBM employees have been awarded five Nobel Prizes, six Turing Awards, ten National Medals of Technology and five National Medals of Science.
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Founded | June 16, 1911; 107 years ago(as Computing-Tabulating-Recording Company) Endicott, New York, U.S. |
Founder | Charles Ranlett Flint |
Headquarters | Armonk, New York, U.S. |
Area served | 177 countries |
Key people | Ginni Rometty (Chairman, President and CEO) |
Related Corporations: | Amazon, Netflix, Nike, Facebook, Google, Apple, Microsoft, Disney, Twitter, Samsung, Toshiba, Dell, Linkedln, eBay, Marriott, Kodak, Nokia, YouTube, Xiaomi, Miele, Ritz Carlton, Hilton, Four Seasons, Intel, Philip Morris, Motorola |
The IBM Frames Case Study: Researchers have investigated leadership and management from different perspectives during many years. They developed some approaches to leadership. The task of this paper is to show how the effective leader had brought the integrative vision to the problem by using different frame management approaches. The other important theme of this […]
IBM Case Study: International Business Machines (IBM) is the transnational corporation, which is one of the largest manufacturers and providers of the computer hardware and software and also provides IT and consulting services. The company was founded in 1911 and was called Computing Tabulating Recording. The company was one of the leading manufacturers of the […]
Charles and Jones (2011), argue that IBM Global Services changed business practices by coming up with innovative concepts. This included rearranging services aimed at developing understandable lines of the company’s business planned to client’s needs. According to their argument, the IBM Global services’ main concerns was to aligning the IGS and potentially develop expertise and […]
International Business Machines- 2007 Case Study Reported By: ALARCON, Lyanne V. CRUZIN, Richelle Ann DIA, Minette SACE, Carla I. Introduction IBM was founded in 1888 as Herman Hollerith and the Tabulating Machine. It was incorporated in 1911 as “Computing-Tabulating Recording Co. ” The company later changed its name to International Business Machines (IBM) Corporation in […]
International Business Machines Corporation was founded in 1911 and has grown and adopted over nearly a century. IBM is nick-named “big blue” by Wall Street in reference to it being a quintessential blue chip stock. IBM currently is an information technology company that has four business segments; hardware, financing (to facilitate clients acquisition of IBM […]
What factors led to IBM‘s success during the 1960’s and 1970s and its problems during the late 1980 and earry1990s? Factors led to IBM’s success during the 1960’s and 1970s:- First mover in IT industry advantages (less competition, more customers)- Right investment to S/360 Success of PC Great reputation attract top talent Factors led to […]
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