What is IBM?

What is IBM

International Business Machines (IBM), is a global technology company that provides hardware, software, cloud-based services and cognitive computing.

Founded in 1911 following the merger of four companies in New York State by Charles Ranlett Flint, it was originally called Computing-Tabulating-Recording Company. It would be renamed to IBM in 1924.

Given that the company is over 100 years old it is no surprise that it has had to adjust to different technological trends throughout the decades.

The company is now transitioning from being an infrastructure player to one that is more cloud and data driven.

Nicknamed ‘Big Blue’, the company offers cloud products in the shape of Bluemix, a SoftLayer cloud, and data analytics, or cognitive computing capabilities, with the Watson supercomputer.

While the company has expanded its portfolio from server hardware, this is still an area that it operates in with the z Series mainframe.

The company also offers software with the likes of its DB2 database offering, and IBM SPSS.

Ginni Rometty, IBM CEO, said:  “Digital is the wires, but digital intelligence, or artificial intelligence as some people call it, is about much more than that. This next decade is about how you combine those and become a cognitive business. It’s the dawn of a new era.”

IBM has been focused on continuous innovation for more than a century. Patenting is an important barometer of that innovation, and IBM has topped the annual list of U.S. patent recipients for the 20th consecutive year.

 

The total number exceeds the combined efforts of Amazon, Apple, HP and Intel – but exactly how many patents have IBM filed?

Name:

International Business Machines (IBM).

Main Business:

Hardware, middleware, software.

Founded by:

Charles Flint.

CEO:

The company trades publicly on the NYSE as IBM.

Year founded:

1911

Share Price:

USD ( ) ( Last Updated : )

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