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International Business Machines Corporation (using the
trademark A trademark (also written trade mark or trade-mark) is a form of intellectual property that consists of a word, phrase, symbol, design, or a combination that identifies a Good (economics and accounting), product or Service (economics), service f ...
IBM), nicknamed Big Blue, is an American multinational
technology company A technology company (or tech company) is a company that focuses primarily on the manufacturing, support, research and development of—most commonly computing, telecommunication and consumer electronics–based—technology-intensive products and ...
headquartered in
Armonk, New York Armonk is a Hamlet (New York), hamlet and census-designated place (CDP) in the Administrative divisions of New York#Town, town of North Castle, New York, North Castle, located in Westchester County, New York, United States. The corporate headquar ...
, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the
Dow Jones Industrial Average The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indice ...
. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S.
patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an sufficiency of disclosure, enabling discl ...
s generated by a business. IBM was founded in 1911 as the
Computing-Tabulating-Recording Company The Computing-Tabulating-Recording Company (CTR) was a holding company of manufacturers of record-keeping and measuring systems; it was subsequently known as IBM. In 1911, the financier and noted trust organizer Charles R. Flint, called the ...
(CTR), a
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
of manufacturers of record-keeping and measuring systems. It was renamed "International Business Machines" in 1924 and soon became the leading manufacturer of punch-card tabulating systems. During the 1960s and 1970s, the IBM mainframe, exemplified by the
System/360 The IBM System/360 (S/360) is a family of mainframe computer systems announced by IBM on April 7, 1964, and delivered between 1965 and 1978. System/360 was the first family of computers designed to cover both commercial and scientific applicati ...
and its successors, was the world's dominant
computing platform A computing platform, digital platform, or software platform is the infrastructure on which software is executed. While the individual components of a computing platform may be obfuscated under layers of abstraction, the ''summation of the requi ...
, with the company producing 80 percent of computers in the U.S. and 70 percent of computers worldwide. Embracing both business and scientific computing, System/360 was the first family of computers designed to cover a complete range of applications from small to large. IBM debuted in the
microcomputer A microcomputer is a small, relatively inexpensive computer having a central processing unit (CPU) made out of a microprocessor. The computer also includes memory and input/output (I/O) circuitry together mounted on a printed circuit board (P ...
market in 1981 with the
IBM Personal Computer The IBM Personal Computer (model 5150, commonly known as the IBM PC) is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible ''de facto'' standard. Released on August 12, 1981, it was created by a ...
, — its DOS software provided by
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
, which became the basis for the majority of
personal computers A personal computer, commonly referred to as PC or computer, is a computer designed for individual use. It is typically used for tasks such as Word processor, word processing, web browser, internet browsing, email, multimedia playback, and PC ...
to the present day. The company later also found success in the
portable Portable may refer to: General * Portable building, a manufactured structure that is built off site and moved in upon completion of site and utility work * Portable classroom, a temporary building installed on the grounds of a school to provide a ...
space with the
ThinkPad ThinkPad is a line of business-oriented laptop and Tablet computer, tablet computers produced since 1992. It was originally designed, created and manufactured by the American IBM, International Business Machines (IBM) Corporation. IBM Acquisit ...
. Since the 1990s, IBM has concentrated on computer services,
software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...
,
supercomputer A supercomputer is a type of computer with a high level of performance as compared to a general-purpose computer. The performance of a supercomputer is commonly measured in floating-point operations per second (FLOPS) instead of million instruc ...
s, and
scientific research The scientific method is an empirical method for acquiring knowledge that has been referred to while doing science since at least the 17th century. Historically, it was developed through the centuries from the ancient and medieval world. The ...
; it sold its microcomputer division to
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
in 2005. IBM continues to develop mainframes, and its supercomputers have consistently ranked among the most powerful in the world in the 21st century. In 2018, IBM along with 91 additional ''Fortune'' 500 companies had "paid an effective federal tax rate of 0% or less" as a result of Donald Trump's
Tax Cuts and Jobs Act of 2017 The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs ...
. As one of the world's oldest and largest technology companies, IBM has been responsible for several
technological innovation Technological innovation is an extended concept of innovation. While innovation is a rather well-defined concept, it has a broad meaning to many people, and especially numerous understanding in the academic and business world. Innovation refers to ...
s, including the
Automated Teller Machine An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account ...
(ATM),
Dynamic Random-Access Memory Dynamics (from Greek language, Greek δυναμικός ''dynamikos'' "powerful", from δύναμις ''dynamis'' "power (disambiguation), power") or dynamic may refer to: Physics and engineering * Dynamics (mechanics), the study of forces and t ...
(DRAM), the
floppy disk A floppy disk or floppy diskette (casually referred to as a floppy, a diskette, or a disk) is a type of disk storage composed of a thin and flexible disk of a magnetic storage medium in a square or nearly square plastic enclosure lined with a ...
, the
hard disk drive A hard disk drive (HDD), hard disk, hard drive, or fixed disk is an electro-mechanical data storage device that stores and retrieves digital data using magnetic storage with one or more rigid rapidly rotating hard disk drive platter, pla ...
, the
magnetic stripe card The term digital card can refer to a physical item, such as a memory card on a camera, or, increasingly since 2017, to the digital content hosted as a virtual card or cloud card, as a digital virtual representation of a physical card. They shar ...
, the
relational database A relational database (RDB) is a database based on the relational model of data, as proposed by E. F. Codd in 1970. A Relational Database Management System (RDBMS) is a type of database management system that stores data in a structured for ...
, the SQL programming language, and the
Universal Product Code The Universal Product Code (UPC or UPC code) is a barcode#Symbologies, barcode symbology that is used worldwide for tracking trade items in stores. The chosen symbology has bars (or spaces) of exactly 1, 2, 3, or 4 units wide each; each decimal ...
(UPC) barcode. The company has made inroads in advanced computer chips,
quantum computing A quantum computer is a computer that exploits quantum mechanical phenomena. On small scales, physical matter exhibits properties of wave-particle duality, both particles and waves, and quantum computing takes advantage of this behavior using s ...
,
artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
, and data infrastructure. IBM employees and alumni have won various recognitions for their scientific research and inventions, including six
Nobel Prize The Nobel Prizes ( ; ; ) are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred N ...
s and six
Turing Award The ACM A. M. Turing Award is an annual prize given by the Association for Computing Machinery (ACM) for contributions of lasting and major technical importance to computer science. It is generally recognized as the highest distinction in the fi ...
s.


History


1910s–1950s

IBM originated with several technological innovations developed and commercialized in the late 19th century. Julius E. Pitrap patented the computing scale in 1885; Alexander Dey invented the dial recorder (1888);
Herman Hollerith Herman Hollerith (February 29, 1860 – November 17, 1929) was a German-American statistician, inventor, and businessman who developed an electromechanical tabulating machine for punched cards to assist in summarizing information and, later, in ...
patented the
Electric Tabulating Machine The tabulating machine was an electromechanical machine designed to assist in summarizing information stored on punched cards. Invented by Herman Hollerith, the machine was developed to help process data for the U.S. Census, 1890, 1890 U.S. Cens ...
(1889); and Willard Bundy invented a time clock to record workers' arrival and departure times on a paper tape (1889). On June 16, 1911, their four companies were amalgamated in New York State by Charles Ranlett Flint forming a fifth company, the
Computing-Tabulating-Recording Company The Computing-Tabulating-Recording Company (CTR) was a holding company of manufacturers of record-keeping and measuring systems; it was subsequently known as IBM. In 1911, the financier and noted trust organizer Charles R. Flint, called the ...
(CTR) based in Endicott, New York. The five companies had 1,300 employees and offices and plants in Endicott and Binghamton, New York;
Dayton, Ohio Dayton () is a city in Montgomery County, Ohio, United States, and its county seat. It is the List of cities in Ohio, sixth-most populous city in Ohio, with a population of 137,644 at the 2020 United States census, 2020 census. The Dayton metro ...
;
Detroit, Michigan Detroit ( , ) is the List of municipalities in Michigan, most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from Windsor, Ontario. It had a population of 639,111 at the 2020 United State ...
;
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
; and
Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
, Canada. Collectively, the companies manufactured a wide array of machinery for sale and lease, ranging from commercial scales and industrial time recorders, meat and cheese slicers, to tabulators and punched cards. Thomas J. Watson, Sr., fired from the National Cash Register Company (NCR) by John Henry Patterson, called on Flint and, in 1914, was offered a position at CTR. Watson joined CTR as general manager and then, 11 months later, was made President when
antitrust Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust l ...
cases relating to his time at NCR were resolved. Having learned Patterson's pioneering business practices, Watson proceeded to put the stamp of NCR onto CTR's companies. He implemented sales conventions, "generous sales incentives, a focus on customer service, an insistence on well-groomed, dark-suited salesmen and had an evangelical fervor for instilling company pride and loyalty in every worker". His favorite slogan, " THINK", became a mantra for each company's employees. During Watson's first four years, revenues reached $9 million ($ today) and the company's operations expanded to Europe, South America, Asia and Australia. Watson never liked the clumsy hyphenated name "Computing-Tabulating-Recording Company" and chose to replace it with the more expansive title "International Business Machines" which had previously been used as the name of CTR's Canadian Division;Belden (1962) p. 125 the name was changed on February 14, 1924. By 1933, most of the subsidiaries had been merged into one company, IBM. The
Nazis Nazism (), formally named National Socialism (NS; , ), is the far-right politics, far-right Totalitarianism, totalitarian socio-political ideology and practices associated with Adolf Hitler and the Nazi Party (NSDAP) in Germany. During H ...
made extensive use of Hollerith punch card and alphabetical accounting equipment and IBM's majority-owned German subsidiary, Deutsche Hollerith Maschinen GmbH ( Dehomag), supplied this equipment from the early 1930s. This equipment was critical to Nazi efforts to categorize citizens of both Germany and other nations that fell under Nazi control through ongoing censuses. These census data were used to facilitate the round-up of Jews and other targeted groups, and to catalog their movements through the machinery of the
Holocaust The Holocaust (), known in Hebrew language, Hebrew as the (), was the genocide of History of the Jews in Europe, European Jews during World War II. From 1941 to 1945, Nazi Germany and Collaboration with Nazi Germany and Fascist Italy ...
, including internment in the concentration camps. Black contends that IBM's dealings with Nazis through its New York City headquarters persisted during World War II. Nazi concentration camps operated a Hollerith department called Hollerith Abteilung, which had IBM machines, including calculating and sorting machines. IBM as a military contractor produced 6% of the
M1 Carbine The M1 carbine (formally the United States carbine, caliber .30, M1) is a lightweight semi-automatic carbine chambered in the .30 carbine (7.62×33mm) cartridge that was issued to the U.S. military during World War II, the Korean War, and t ...
rifles used in World War II, about 346,500 of them, between August 1943 and May 1944. IBM built the Automatic Sequence Controlled Calculator, an electromechanical computer, during World War II. It offered its first commercial stored-program computer, the vacuum tube based
IBM 701 The IBM 701 Electronic Data Processing Machine, known as the Defense Calculator while in development, was IBM’s first commercial scientific computer and its first series production mainframe computer, which was announced to the public on May 2 ...
, in 1952. The IBM 305 RAMAC introduced the hard disk drive in 1956. The company switched to transistorized designs with the 7000 and
1400 Year 1400 ( MCD) was a leap year starting on Thursday of the Julian calendar. The year 1400 was not a leap year in the Proleptic Gregorian calendar, it was a common year starting on Wednesday. Events January–March * January 4 ...
series, beginning in 1958. In which, IBM considered the
1400 Year 1400 ( MCD) was a leap year starting on Thursday of the Julian calendar. The year 1400 was not a leap year in the Proleptic Gregorian calendar, it was a common year starting on Wednesday. Events January–March * January 4 ...
series the ''model T'' of computing, because it was the first computer with over ten thousand unit sales by IBM. In 1956, the company demonstrated the first practical example of
artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
when Arthur L. Samuel of IBM's Poughkeepsie, New York, laboratory programmed an
IBM 704 The IBM 704 is the model name of a large digital computer, digital mainframe computer introduced by IBM in 1954. Designed by John Backus and Gene Amdahl, it was the first mass-produced computer with hardware for floating-point arithmetic. The I ...
not merely to play checkers but "learn" from its own experience. In 1957, the FORTRAN scientific programming language was developed.


1960s–1980s

In 1961, IBM developed the SABRE reservation system for
American Airlines American Airlines, Inc. is a major airlines of the United States, major airline in the United States headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex, and is the Largest airlines in the world, largest airline in the ...
and introduced the highly successful Selectric typewriter. Also in 1961 IBM used the IBM 7094 to generate the first song sung completely by a computer using synthesizers. The song was Daisy Bell (Bicycle Built for Two). In 1963, IBM employees and computers helped NASA track the orbital flights of the Mercury astronauts. A year later, it moved its corporate headquarters from New York City to
Armonk, New York Armonk is a Hamlet (New York), hamlet and census-designated place (CDP) in the Administrative divisions of New York#Town, town of North Castle, New York, North Castle, located in Westchester County, New York, United States. The corporate headquar ...
. The latter half of the 1960s saw IBM continue its support of space exploration, participating in the 1965 Gemini flights, 1966 Saturn flights, and 1969 lunar mission. IBM also developed and manufactured the Saturn V's Instrument Unit and
Apollo Apollo is one of the Twelve Olympians, Olympian deities in Ancient Greek religion, ancient Greek and Ancient Roman religion, Roman religion and Greek mythology, Greek and Roman mythology. Apollo has been recognized as a god of archery, mu ...
spacecraft guidance computers. On April 7, 1964, IBM launched the first computer system family, the
IBM System/360 The IBM System/360 (S/360) is a family of mainframe computer systems announced by IBM on April 7, 1964, and delivered between 1965 and 1978. System/360 was the first family of computers designed to cover both commercial and scientific applicati ...
. It spanned the complete range of commercial and scientific applications from large to small, allowing companies for the first time to upgrade to models with greater computing capability without having to rewrite their applications. It was followed by the
IBM System/370 The IBM System/370 (S/370) is a range of IBM mainframe computers announced as the successors to the IBM System/360, System/360 family on June 30, 1970. The series mostly maintains backward compatibility with the S/360, allowing an easy migrati ...
in 1970. Together the 360 and 370 made the IBM mainframe the dominant
mainframe computer A mainframe computer, informally called a mainframe or big iron, is a computer used primarily by large organizations for critical applications like bulk data processing for tasks such as censuses, industry and consumer statistics, enterprise ...
and the dominant computing platform in the industry throughout this period and into the early 1980s. They and the operating systems that ran on them such as OS/VS1 and MVS, and the middleware built on top of those such as the
CICS IBM CICS (Customer Information Control System) is a family of mixed-language application servers that provide online business transaction management, transaction management and connectivity for applications on IBM mainframe systems under z/OS ...
transaction processing monitor, had a near-monopoly-level market share and became the thing IBM was most known for during this period. In 1969, the United States of America alleged that IBM violated the Sherman Antitrust Act by monopolizing or attempting to monopolize the general-purpose electronic digital computer system market, specifically computers designed primarily for business, and subsequently alleged that IBM violated the antitrust laws in IBM's actions directed against leasing companies and plug-compatible peripheral manufacturers. Shortly after, IBM unbundled its software and services in what many observers believed was a direct result of the lawsuit, creating a competitive market for software. In 1982, the Department of Justice dropped the case as "without merit". Also in 1969, IBM engineer Forrest Parry invented the
magnetic stripe card The term digital card can refer to a physical item, such as a memory card on a camera, or, increasingly since 2017, to the digital content hosted as a virtual card or cloud card, as a digital virtual representation of a physical card. They shar ...
that would become ubiquitous for credit/debit/ATM cards, driver's licenses, rapid transit cards and a multitude of other identity and access control applications. IBM pioneered the manufacture of these cards, and for most of the 1970s, the data processing systems and software for such applications ran exclusively on IBM computers. In 1974, IBM engineer George J. Laurer developed the
Universal Product Code The Universal Product Code (UPC or UPC code) is a barcode#Symbologies, barcode symbology that is used worldwide for tracking trade items in stores. The chosen symbology has bars (or spaces) of exactly 1, 2, 3, or 4 units wide each; each decimal ...
. IBM and the
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
first introduced financial swaps to the public in 1981, when they entered into a swap agreement. IBM entered the
microcomputer A microcomputer is a small, relatively inexpensive computer having a central processing unit (CPU) made out of a microprocessor. The computer also includes memory and input/output (I/O) circuitry together mounted on a printed circuit board (P ...
market in the 1980s with the
IBM Personal Computer The IBM Personal Computer (model 5150, commonly known as the IBM PC) is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible ''de facto'' standard. Released on August 12, 1981, it was created by a ...
(IBM 5150). The computer, which spawned a long line of successors, had a profound influence on the development of the personal computer market and became one of IBM's best selling products of all time. Because of a lack of foresight by IBM, the PC was not well protected by
intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, co ...
laws. As a consequence, IBM quickly began losing its market dominance to emerging, compatible competitors in the PC market. In 1985, IBM collaborated with
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
to develop a new
operating system An operating system (OS) is system software that manages computer hardware and software resources, and provides common daemon (computing), services for computer programs. Time-sharing operating systems scheduler (computing), schedule tasks for ...
, which was released as
OS/2 OS/2 is a Proprietary software, proprietary computer operating system for x86 and PowerPC based personal computers. It was created and initially developed jointly by IBM and Microsoft, under the leadership of IBM software designer Ed Iacobucci, ...
. Following a dispute, Microsoft severed the collaboration and IBM continued development of OS/2 on its own but it failed in the marketplace against Microsoft's
Windows Windows is a Product lining, product line of Proprietary software, proprietary graphical user interface, graphical operating systems developed and marketed by Microsoft. It is grouped into families and subfamilies that cater to particular sec ...
during the mid-1990s.


1990s–2000s

In 1991 IBM began spinning off its many divisions into autonomous subsidiaries (so-called "Baby Blues") in an attempt to make the company more manageable and to streamline IBM by having other investors finance those companies. These included AdStar, dedicated to disk drives and other data storage products; IBM Application Business Systems, dedicated to mid-range computers; IBM Enterprise Systems, dedicated to mainframes; Pennant Systems, dedicated to mid-range and large printers; Lexmark, dedicated to small printers; and more. Lexmark was acquired by Clayton & Dubilier in a
leveraged buyout A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of t ...
shortly after its formation. In September 1992, IBM completed the spin-off of its various non-mainframe and non-midrange, personal computer manufacturing divisions, combining them into an autonomous wholly-owned subsidiary known as the IBM Personal Computer Company (IBM PC Co.). This corporate restructuring came after IBM reported a sharp drop in profit margins during the second quarter of fiscal year 1992; market analysts attributed the drop to a fierce price war in the personal computer market over the summer of 1992. The corporate restructuring was one of the largest and most expensive in history up to that point. By the summer of 1993, the IBM PC Co. had divided into multiple business units itself, including Ambra Computer Corporation and the IBM Power Personal Systems Group, the former an attempt to design and market " clone" computers of IBM's own architecture and the latter responsible for IBM's
PowerPC PowerPC (with the backronym Performance Optimization With Enhanced RISC – Performance Computing, sometimes abbreviated as PPC) is a reduced instruction set computer (RISC) instruction set architecture (ISA) created by the 1991 Apple Inc., App ...
-based
workstation A workstation is a special computer designed for technical or computational science, scientific applications. Intended primarily to be used by a single user, they are commonly connected to a local area network and run multi-user operating syste ...
s. IBM PC Co. introduced the
ThinkPad ThinkPad is a line of business-oriented laptop and Tablet computer, tablet computers produced since 1992. It was originally designed, created and manufactured by the American IBM, International Business Machines (IBM) Corporation. IBM Acquisit ...
clone computers, which IBM would heavily market and would eventually become one of the best-selling series of notebook computers. In 1993, IBM posted an $8 billion loss – at the time the biggest in American corporate history. Lou Gerstner was hired as CEO from
RJR Nabisco R. J. Reynolds Nabisco, Inc., doing business as RJR Nabisco, was an American conglomerate, selling tobacco and food products, headquartered in the Calyon Building in Midtown Manhattan, New York City. R. J. Reynolds Nabisco stopped ...
to turn the company around. In 1995, IBM purchased
Lotus Software Lotus Software (called Lotus Development Corporation before its acquisition by IBM) was an American software company based in Massachusetts; it was sold to India's HCL Technologies in 2018. Lotus is most commonly known for the Lotus 1-2-3 sprea ...
, best known for its
Lotus 1-2-3 Lotus 1-2-3 is a discontinued spreadsheet program from Lotus Software (later part of IBM). It was the first killer application of the IBM PC, was hugely popular in the 1980s, and significantly contributed to the success of IBM PC-compatibles ...
spreadsheet software. During the decade, IBM was working on a new operating system, named the Workplace OS project. Despite a large amount of money spent on the project, it was cancelled in 1996. In 1998, IBM merged the enterprise-oriented Personal Systems Group of the IBM PC Co. into IBM's own Global Services personal computer consulting and customer service division. The resulting merged business units then became known simply as IBM Personal Systems Group. A year later, IBM stopped selling their computers at retail outlets after their market share in this sector had fallen considerably behind competitors
Compaq Compaq Computer Corporation was an American information technology, information technology company founded in 1982 that developed, sold, and supported computers and related products and services. Compaq produced some of the first IBM PC compati ...
and
Dell Dell Inc. is an American technology company that develops, sells, repairs, and supports personal computers (PCs), Server (computing), servers, data storage devices, network switches, software, computer peripherals including printers and webcam ...
. Immediately afterwards, the IBM PC Co. was dissolved and merged into IBM Personal Systems Group. In 2002 IBM acquired PwC Consulting, the consulting arm of
PwC PricewaterhouseCoopers, also known as PwC, is a Multinational corporation, multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Fo ...
which was merged into its
IBM Global Services IBM Consulting, rebranded in 2021 from IBM Global Business Services, is the professional services and consulting arm of IBM. It provides services to companies, global government organizations, Nonprofit organization, non-profits and Non-government ...
. On September 14, 2004, LG and IBM announced that their business alliance in the
South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...
n market would end at the end of that year. Both companies stated that it was unrelated to the charges of bribery earlier that year. Xnote was originally part of the joint venture and was sold by LG in 2012. Continuing a trend started in the 1990s of downsizing its operations and divesting from commodity production, IBM sold all of its personal computer business to Chinese technology company
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
and, in 2009, it acquired software company SPSS Inc. Later in 2009, IBM's
Blue Gene Blue Gene was an IBM project aimed at designing supercomputers that can reach operating speeds in the petaFLOPS (PFLOPS) range, with relatively low power consumption. The project created three generations of supercomputers, Blue Gene/L, Blue ...
supercomputing program was awarded the
National Medal of Technology and Innovation The National Medal of Technology and Innovation (formerly the National Medal of Technology) is an honor granted by the president of the United States to American inventors and innovators who have made significant contributions to the development ...
by U.S. President
Barack Obama Barack Hussein Obama II (born August 4, 1961) is an American politician who was the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American president in American history. O ...
.


2010s–present

In 2011, IBM gained worldwide attention for its artificial intelligence program Watson, which was exhibited on ''
Jeopardy! ''Jeopardy!'' is an American television game show created by Merv Griffin. The show is a quiz competition that reverses the traditional question-and-answer format of many quiz shows. Rather than being given questions, contestants are instead g ...
'' where it won against game-show champions Ken Jennings and Brad Rutter. The company also celebrated its 100th anniversary in the same year on June 16. In 2012, IBM announced it had agreed to buy Kenexa and Texas Memory Systems, and a year later it also acquired SoftLayer Technologies, a
web hosting service A web hosting service is a type of Internet hosting service that hosts websites for clients, i.e. it offers the facilities required for them to create and maintain a site and makes it accessible on the World Wide Web. Companies providing web h ...
, in a deal worth around $2 billion. Also that year, the company designed a video surveillance system for
Davao City Davao City, officially the City of Davao, is a City of the Philippines#Legal classification, highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the List of Philippine cities and municipalities ...
. In 2014 IBM announced it would sell its
x86 x86 (also known as 80x86 or the 8086 family) is a family of complex instruction set computer (CISC) instruction set architectures initially developed by Intel, based on the 8086 microprocessor and its 8-bit-external-bus variant, the 8088. Th ...
server division to Lenovo for $2.1 billion. while continuing to offer
Power ISA Power ISA is a reduced instruction set computer (RISC) instruction set architecture (ISA) currently developed by the OpenPOWER Foundation, led by IBM. It was originally developed by IBM and the now-defunct Power.org industry group. Power IS ...
-based servers. Also that year, IBM began announcing several major partnerships with other companies, including
Apple Inc. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Comput ...
, Twitter, Facebook,
Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...
,
Cisco Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, s ...
, UnderArmour,
Box A box (plural: boxes) is a container with rigid sides used for the storage or transportation of its contents. Most boxes have flat, parallel, rectangular sides (typically rectangular prisms). Boxes can be very small (like a matchbox) or v ...
,
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
, VMware, CSC, Macy's,
Sesame Workshop Sesame Workshop (SW), originally known as the Children's Television Workshop (CTW), is an American nonprofit organization and Television station, television company that has been responsible for the production of several educational children's ...
, the parent company of
Sesame Street ''Sesame Street'' is an American educational television, educational children's television series that combines live-action, sketch comedy, animation, and puppetry. It is produced by Sesame Workshop (known as the Children's Television Worksh ...
, and Salesforce.com. In 2015, its chip division transitioned to a fabless model with semiconductors design, offloading manufacturing to
GlobalFoundries GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company located in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the ...
. In 2015, IBM announced three major acquisitions: Merge Healthcare for $1 billion, data storage vendor Cleversafe, and all digital assets from The Weather Company, including Weather.com and
The Weather Channel The Weather Channel (TWC) is an American pay television television channel, channel owned by Weather Group, LLC, a subsidiary of Allen Media Group. The channel's headquarters are located in Atlanta, Georgia. Launched on May 2, 1982, the channel ...
mobile app. Also that year, IBM employees created the film '' A Boy and His Atom'', which was the first molecule movie to tell a story. In 2016, IBM acquired video conferencing service
Ustream IBM Watson Media (formerly Ustream and IBM Cloud Video) is an American virtual events platform company which is a division of IBM. Prior to the IBM acquisition, it had more than 180 employees across San Francisco, Los Angeles, and Budapest office ...
and formed a new cloud video unit. In April 2016, it posted a 14-year low in quarterly sales. The following month,
Groupon Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching ...
sued IBM accusing it of patent infringement, two months after IBM accused Groupon of patent infringement in a separate lawsuit. In 2015, IBM bought the digital part of The Weather Company, Truven Health Analytics for $2.6 billion in 2016, and in October 2018, IBM announced its intention to acquire
Red Hat Red Hat, Inc. (formerly Red Hat Software, Inc.) is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North ...
for $34 billion, which was completed on July 9, 2019. In February 2020, IBM's John Kelly III joined Brad Smith of
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
to sign a pledge with the
Vatican Vatican may refer to: Geography * Vatican City, an independent city-state surrounded by Rome, Italy * Vatican Hill, in Rome, namesake of Vatican City * Ager Vaticanus, an alluvial plain in Rome * Vatican, an unincorporated community in the ...
to ensure the ethical use and practice of Artificial Intelligence (AI). IBM announced in October 2020 that it would divest the Managed Infrastructure Services unit of its Global Technology Services division into a new public company. The new company, Kyndryl, will have 90,000 employees, 4,600 clients in 115 countries, with a backlog of $60 billion. IBM's spin-off was greater than any of its previous divestitures, and welcomed by investors. IBM appointed Martin Schroeter, who had been IBM's CFO from 2014 through the end of 2017, as CEO of Kyndryl. In 2021, IBM announced the acquisition of the enterprise software company Turbonomic for $1.5 billion. In January 2022, IBM announced it would sell Watson Health to private equity firm
Francisco Partners Francisco Partners Management, L.P., doing business as Francisco Partners, is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. It was founded in August 1999 and based in ...
. On March 7, 2022, a few days after the start of the
Russian invasion of Ukraine On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thou ...
, IBM CEO Arvind Krishna published a Ukrainian flag and announced that "we have suspended all business in Russia". All Russian articles were also removed from the IBM website. On June 7, Krishna announced that IBM would carry out an "orderly wind-down" of its operations in Russia. In late 2022, IBM started a collaboration with new Japanese manufacturer Rapidus, which led GlobalFoundries to file a lawsuit against IBM the following year. In 2023, IBM acquired Manta Software Inc. to complement its data and A.I. governance capabilities for an undisclosed amount. On November 16, 2023, IBM suspended ads on Twitter after ads were found next to pro-Nazi content. In August 2023, IBM agreed to sell The Weather Company to Francisco Partners for an undisclosed sum. The sale was finalized on February 1, 2024, and the cost was disclosed as $1.1 billion, with $750 million in cash, $100 million deferred over seven years, and $250 million in contingent consideration. In December 2023, IBM announced it would acquire Software AG's StreamSets and webMethods platforms for €2.13 billion ($2.33 billion).


Corporate affairs


Business trends

IBM's market capitalization was valued at over $153 billion as of May 2024. Despite its relative decline within the technology sector, IBM remains the seventh largest technology company by revenue, and 67th List of largest companies in the United States by revenue, largest overall company by revenue in the United States. IBM ranked No. 38 on the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. In 2014, IBM was accused of using "financial engineering" to hit its quarterly earnings targets rather than investing for the longer term. The key trends of IBM are (as at the financial year ending December 31):


Board and shareholders

The company's 15-member board of directors are responsible for overall corporate management and includes the current or former CEOs of Anthem (company), Anthem, Dow Chemical Company, Dow Chemical, Johnson and Johnson, Royal Dutch Shell, United Parcel Service, UPS, and The Vanguard Group, Vanguard as well as the president of Cornell University and a retired Admiral (United States), U.S. Navy admiral. Vanguard Group is the largest shareholder of IBM and as of March 31, 2023, held 15.7% of total shares outstanding. In 2011, IBM became the first technology company Warren Buffett's
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
Berkshire Hathaway invested in. Initially he bought 64 million shares costing $10.5 billion. Over the years, Buffett increased his IBM holdings, but by the end of 2017 had reduced them by 94.5% to 2.05 million shares; by May 2018, he was completely out of IBM.


Headquarters and offices

IBM is headquartered in
Armonk, New York Armonk is a Hamlet (New York), hamlet and census-designated place (CDP) in the Administrative divisions of New York#Town, town of North Castle, New York, North Castle, located in Westchester County, New York, United States. The corporate headquar ...
, a community north of Midtown Manhattan. A nickname for the company is the "Colossus of Armonk". Its principal building, referred to as CHQ, is a glass and stone edifice on a parcel amid a 432-acre former apple orchard the company purchased in the mid-1950s. There are two other IBM buildings within walking distance of CHQ: the North Castle office, which previously served as IBM's headquarters; and the Louis V. Gerstner, Jr., Center for Learning (formerly known as IBM Learning Center (ILC)), a resort hotel and training center, which has 182 guest rooms, 31 meeting rooms, and various amenities. IBM operates in 174 countries , with mobility centers in smaller market areas and major campuses in the larger ones. In New York City, IBM has several offices besides CHQ, including the IBM Watson headquarters at Astor Place in Manhattan. Outside of New York, major campuses in the United States include Austin, Texas; Research Triangle Park, Research Triangle Park (Raleigh-Durham), North Carolina; IBM Rochester, Rochester, Minnesota; and IBM Research - Almaden, Silicon Valley, California. IBM's real estate holdings are varied and globally diverse. Towers occupied by IBM include 1250 René-Lévesque (Montreal, Canada) and One Atlantic Center (Atlanta, Georgia, US). In Beijing, China, IBM occupies Pangu Plaza, the city's seventh tallest building and overlooking Beijing National Stadium, Beijing National Stadium ("Bird's Nest"), home to the 2008 Summer Olympics. IBM India, IBM India Private Limited is the Indian subsidiary of IBM, which is headquartered at Bangalore, Karnataka. It has facilities in Coimbatore, Chennai, Kochi, Ahmedabad, Delhi, Kolkata, Mumbai, Pune, Gurugram, Noida, Bhubaneshwar, Surat, Visakhapatnam, Hyderabad, Bangalore and Jamshedpur. Other notable buildings include the IBM Rome Software Lab (Rome, Italy), Hursley House (Winchester, UK), 330 North Wabash (Chicago, Illinois, United States), the Cambridge Scientific Center (Cambridge, Massachusetts, United States), the IBM Toronto Software Lab (Toronto, Canada), the IBM Building, Johannesburg (Johannesburg, South Africa), the IBM Building (Seattle) (Seattle, Washington, United States), the IBM Hakozaki Facility (Tokyo, Japan), the IBM Yamato Facility (Yamato, Japan), the IBM Canada Head Office Building (Ontario, Canada) and the Watson IoT Headquarters (Munich, Germany). Defunct IBM campuses include the IBM Somers Office Complex (Somers, New York), Spango Valley#The IBM Years, Spango Valley (Greenock, Scotland), and Tour Descartes (Paris, France). The company's contributions to industrial architecture and design include works by Marcel Breuer, Eero Saarinen, Ludwig Mies van der Rohe, I.M. Pei and Ricardo Legorreta. Van der Rohe's building in Chicago was recognized with the 1990 Honor Award from the National Building Museum.


Products

IBM has a large and diverse portfolio of products and services. , these offerings fall into the categories of cloud computing, artificial intelligence, commerce, Data analysis, data and analytics, Internet of things (IoT), IT infrastructure, Mobile computing, mobile, digital workplace and cybersecurity.


Hardware


Mainframe computers

Since 1954, IBM sells mainframe computers, the latest being the IBM Z, IBM z series. The most recent model, the IBM Z#IBM z17, IBM z17, was released in 2024.


Microprocessors

In 1990, IBM released the IBM Power microprocessors, Power microprocessors, which were designed into many console gaming systems, including Xbox 360, PlayStation 3, and Nintendo's Wii U. IBM Secure Blue is encryption hardware that can be built into microprocessors, and in 2014, the company revealed TrueNorth, a neuromorphic CMOS integrated circuit and announced a $3 billion investment over the following five years to design a neural chip that mimics the human brain, with 10 billion neurons and 100 trillion synapses, but that uses just 1 kilowatt of power. In 2016, the company launched Flash file system, all-flash arrays designed for small and midsized companies, which includes software for data compression, provisioning, and snapshots across various systems.


Quantum computing

In January 2019, IBM introduced its first commercial quantum computer: IBM Q System One. In March 2020, it was announced that IBM would build Europe's first quantum computer in Ehningen, Germany. The center, operated by the Fraunhofer Society, was opened in 2024.


Software

Since 2009, IBM has owned SPSS, a software package used for statistical analysis in the social sciences. IBM also owned The Weather Company, which provides weather forecasting and includes weather.com and Weather Underground (weather service), Weather Underground, which was sold in 2024.


Cloud services

IBM Cloud includes infrastructure as a service (IaaS), software as a service (SaaS) and platform as a service (PaaS) offered through public, private and hybrid Cloud computing#Deployment models, cloud delivery models. For instance, the IBM Bluemix PaaS enables developers to quickly create complex websites on a pay-as-you-go model. IBM SoftLayer is a dedicated server, managed hosting and cloud computing provider, which in 2011 reported hosting more than 81,000 servers for more than 26,000 customers. IBM also provides Cloud Data Encryption Services (ICDES), using cryptographic splitting to secure customer data. In May 2022, IBM announced the company had signed a multi-year Strategic Collaboration Agreement with Amazon Web Services to make a wide variety of IBM software available as a service on AWS Marketplace. Additionally, the deal includes both companies making joint investments that make it easier for companies to consume IBM's offering and integrate them with AWS, including developer training and software development for select markets.


Artificial intelligence

IBM Watson is a technology platform that uses natural language processing and machine learning to reveal insights from large amounts of unstructured data. Watson was debuted in 2011 on the American game show ''
Jeopardy! ''Jeopardy!'' is an American television game show created by Merv Griffin. The show is a quiz competition that reverses the traditional question-and-answer format of many quiz shows. Rather than being given questions, contestants are instead g ...
'', where it competed against champions Ken Jennings and Brad Rutter in a three-game tournament and won. Watson has since been applied to business, healthcare, developers, and universities. For example, IBM has partnered with Memorial Sloan Kettering Cancer Center to assist with considering treatment options for oncology patients and for doing melanoma screenings. Several companies use Watson for call centers, either replacing or assisting customer service agents. IBM also provides infrastructure for the New York City Police Department through their IBM Cognos Analytics to perform data visualizations of CompStat crime data. In June 2020, IBM announced that it was exiting the facial recognition business. In a letter to congress, IBM's Chief Executive Officer Arvind Krishna told lawmakers, "now is the time to begin a national dialogue on whether and how facial recognition technology should be employed by domestic law enforcement agencies." In May 2023, IBM revealed IBM Watsonx, Watsonx, a Generative AI toolkit that is powered by IBM's own IBM Granite, Granite models with option to use other publicly available Large language model, LLMs. Watsonx has multiple services for training and Fine-tuning (deep learning), fine tuning models based on confidential data. A year later, IBM Open source, open-sourced Granite code models and put them on Hugging Face for public use. In October 2024, IBM introduced Granite 3.0, an open-source large language model designed for enterprise AI applications.


Consulting

With 160,000 consultants globally as of 2024, IBM is one of the ten largest consulting companies in the world, with capabilities spanning strategy and management consulting, experience design, technology and System integration, systems integration, and operations. IBM's consulting business was valued at $20 billion, as of 2024.


Research

Research has been part of IBM since its founding, and its organized efforts trace their roots back to 1945, when the Watson Scientific Computing Laboratory was founded at Columbia University in New York City, converting a renovated fraternity house on Manhattan's West Side into IBM's first laboratory. Now, IBM Research constitutes the largest industrial research organization in the world, with 12 labs on 6 continents. IBM Research is headquartered at the Thomas J. Watson Research Center in New York, and facilities include the IBM Almaden Research Center, Almaden lab in California, Austin lab in Texas, IBM Research-Australia, Australia lab in Melbourne, IBM Research – Brazil, Brazil lab in São Paulo and Rio de Janeiro, China lab in Beijing and Shanghai, Ireland lab in Dublin, IBM Haifa Research Laboratory, Haifa lab in Israel, India lab in Delhi and Bangalore, IBM Tokyo Research Laboratory, Tokyo lab, IBM Zurich Research Laboratory, Zurichlab and Africa lab in Nairobi. In terms of investment, IBM's R&D expenditure totals several billion dollars each year. In 2012, that expenditure was approximately $6.9 billion. Recent allocations have included $1 billion to create a business unit for IBM Watson, Watson in 2014, and $3 billion to create a next-gen semiconductor along with $4 billion towards growing the company's "strategic imperatives" (cloud, analytics, mobile, security, social) in 2015. IBM has been a leading proponent of the Open Source Initiative, and began supporting Linux in 1998. The company invests billions of dollars in services and software based on Linux through the IBM Linux Technology Center, which includes over 300 Linux kernel developers. IBM has also released code under different open source license, open-source licenses, such as the Cross-platform, platform-independent software framework Eclipse (software), Eclipse (worth approximately $40 million at the time of the donation), the three-sentence International Components for Unicode (International Components for Unicode, ICU) license, and the Java (programming language), Java-based relational database management system (RDBMS) Apache Derby. IBM's open source involvement has not been trouble-free, however (see ''SCO v. IBM''). Famous inventions and developments by IBM include: the automated teller machine, automated teller machine (ATM), Dynamic random-access memory, Dynamic Random Access Memory (DRAM), the Keypunch, electronic keypunch, the swap (finance), financial swap, the
floppy disk A floppy disk or floppy diskette (casually referred to as a floppy, a diskette, or a disk) is a type of disk storage composed of a thin and flexible disk of a magnetic storage medium in a square or nearly square plastic enclosure lined with a ...
, the
hard disk drive A hard disk drive (HDD), hard disk, hard drive, or fixed disk is an electro-mechanical data storage device that stores and retrieves digital data using magnetic storage with one or more rigid rapidly rotating hard disk drive platter, pla ...
, the
magnetic stripe card The term digital card can refer to a physical item, such as a memory card on a camera, or, increasingly since 2017, to the digital content hosted as a virtual card or cloud card, as a digital virtual representation of a physical card. They shar ...
, the
relational database A relational database (RDB) is a database based on the relational model of data, as proposed by E. F. Codd in 1970. A Relational Database Management System (RDBMS) is a type of database management system that stores data in a structured for ...
, Reduced instruction set computing, RISC, the Sabre (computer system), SABRE airline reservation system, SQL, the Universal Product Code, Universal Product Code (UPC) bar code, and the virtual machine. Additionally, in 1990 company scientists used a scanning tunneling microscope to arrange 35 IBM (atoms), individual xenon atoms to spell out the company acronym, marking the first structure assembled one atom at a time. A major part of IBM research is the generation of patents. Since its first patent for a traffic signaling device, IBM has been one of the world's most prolific patent sources. In 2021, the company held the record for most patents generated by a business for 29 consecutive years for the achievement.


Patents

As of 2021, IBM holds the record for most annual United States, U.S.
patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an sufficiency of disclosure, enabling discl ...
s generated by a business for 29 consecutive years. In 2001, IBM became the first company to generate more than 3,000 patents in one year, beating this record in 2008 with over 4,000 patents. As of 2022, the company held 150,000 patents. IBM has also been criticized as being a patent troll.


Brand and reputation

IBM is nicknamed ''Big Blue'' partly because of its blue logo and color scheme, and also in reference to its former ''de facto'' dress code of white shirts with blue suits. The company logo has undergone several changes over the years, with its current "8-bar" logo designed in 1972 by graphic designer Paul Rand. It was a general replacement for a 13-bar logo, since period photocopiers did not render narrow (as opposed to tall) stripes well. Aside from the logo, IBM used Helvetica as a corporate typeface for 50 years, until it was replaced in 2017 by the custom-designed IBM Plex. IBM has a valuable brand as a result of over 100 years of operations and marketing campaigns. Since 1996, IBM has been the exclusive technology partner for the Masters Tournament, one of the four Men's major golf championships, major championships in professional golf, with IBM creating the first Masters.org (1996), the first course cam (1998), the first iPhone app with live streaming (2009), and first-ever live 4K Ultra High Definition feed in the United States for a major sporting event (2016). As a result, IBM CEO Ginni Rometty became the third female member of the Master's governing body, the Augusta National Golf Club. IBM is also a major sponsor in professional tennis, with engagements at the US Open (tennis), U.S. Open, The Championships, Wimbledon, Wimbledon, the Australian Open, and the French Open. The company also sponsored the Olympic Games from 1960 to 2000, and the National Football League from 2003 to 2012. In Japan, IBM employees also have an American football team complete with pro stadium, cheerleaders and televised games, competing in the Japanese X-League (Japan), X-League as the "IBM Big Blue (X-League), Big Blue".


Environmental

In 2004, concerns were raised related to IBM's contribution in its early days to pollution in its original location in Endicott, New York#Pollution, Endicott, New York. IBM reported its total carbon footprint, CO2e emissions (direct and indirect) for the twelve months ending December 31, 2020 at 621 kilotons (-324 /-34.3% year-on-year).Alt URL
In February 2021, IBM committed to achieve net zero greenhouse gas emissions by the year 2030.


Tax avoidance

In 2018, IBM along with 91 additional ''Fortune'' 500 companies had "paid an effective federal tax rate of 0% or less" as a result of Donald Trump´s
Tax Cuts and Jobs Act of 2017 The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs ...
.


People and culture


Employees

IBM is among the List of largest United States–based employers globally, world's largest employers, with over 297,900 employees worldwide in 2022, with about 160,000 of those being Information technology consulting, tech consultants. IBM's leadership programs include Extreme Blue, an internship program, and the IBM Fellow award, offered since 1963 based on technical achievement.


Notable current and former employees

Many IBM employees have achieved notability outside of work and after leaving IBM. In business, former IBM employees include
Apple Inc. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Comput ...
CEO Tim Cook, former Electronic Data Systems, EDS CEO and politician Ross Perot,
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
chairman John W. Thompson, SAP SE, SAP co-founder Hasso Plattner, Gartner founder Gideon Gartner, Advanced Micro Devices, Advanced Micro Devices (AMD) CEO Lisa Su, Cadence Design Systems CEO Anirudh Devgan, former Citizens Financial Group CEO Ellen Alemany, former Yahoo! chairman Alfred Amoroso, former AT&T CEO C. Michael Armstrong, former Xerox Corporation CEOs David T. Kearns and G. Richard Thoman, former Fair Isaac Corporation CEO Mark N. Greene, Citrix Systems co-founder Ed Iacobucci, ASOS.com chairman Brian McBride, former
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
CEO Steve Ward (businessman), Steve Ward, and former Teradata CEO Kenneth Simonds. In government, Patricia Roberts Harris served as United States Secretary of Housing and Urban Development, the first List of African American United States Cabinet Secretaries, African American List of female United States Cabinet Secretaries, woman to serve in the United States Cabinet. Samuel K. Skinner served as U.S. Secretary of Transportation and as the White House Chief of Staff. Alumni also include U.S. Senators Mack Mattingly and Thom Tillis; Wisconsin governor Scott Walker (politician), Scott Walker; former U.S. Ambassadors Vincent Obsitnik (U.S. Ambassador to Slovakia, Slovakia), Arthur K. Watson (U.S. Ambassador to France, France), and Thomas Watson Jr. (U.S. Ambassador to Russia, Soviet Union); and former United States House of Representatives, U.S. Representatives Todd Akin, Glenn Andrews, Robert Garcia (New York politician), Robert Garcia, Katherine Harris, Amo Houghton, Jim Ross Lightfoot, Thomas J. Manton, Donald W. Riegle Jr., and Ed Zschau. Other former IBM employees include NASA astronaut Michael J. Massimino, Canadian Astronaut Corps, Canadian astronaut and former Governor General of Canada, Governor General Julie Payette, noted musician Dave Matthews, Harvey Mudd College president Maria Klawe, Western Governors University president emeritus Robert Mendenhall, former University of Kentucky president Lee T. Todd Jr., former University of Iowa president Bruce Harreld, NFL referee Bill Carollo, former Rangers F.C. chairman John McClelland (businessman), John McClelland, and recipient of the Nobel Prize in Literature J. M. Coetzee. Thomas Watson Jr. also served as the List of national presidents of the Boy Scouts of America, 11th national president of the Boy Scouts of America. Five IBM employees have received the Nobel Prize: Leo Esaki, of the Thomas J. Watson Research Center in Yorktown Heights, N.Y., in 1973, for work in semiconductors; Gerd Binnig and Heinrich Rohrer, of the Zurich Research Center, in 1986, for the scanning tunneling microscope; and Georg Bednorz and K. Alex Müller, Alex Müller, also of Zurich, in 1987, for research in superconductivity. Six IBM employees have won the
Turing Award The ACM A. M. Turing Award is an annual prize given by the Association for Computing Machinery (ACM) for contributions of lasting and major technical importance to computer science. It is generally recognized as the highest distinction in the fi ...
, including the first female recipient Frances E. Allen. Ten National Medal of Technology, National Medals of Technology (USA) and five National Medal of Science, National Medals of Science (USA) have been awarded to IBM employees.


Workplace culture

Employees are often referred to as "IBMers". IBM's culture has evolved significantly over its century of operations. In its early days, a dark (or gray) suit, white shirt, and a "sincere" tie constituted the public uniform for IBM employees. During IBM's management transformation in the 1990s, CEO Louis V. Gerstner Jr. relaxed these codes, normalizing the dress and behavior of IBM employees. The company's culture has also given to different plays on the company acronym (IBM), with some saying it stands for "I've Been Moved," based on frequent relocations, others saying it stands for "I'm By Myself" pursuant to a prevalent work-from-anywhere norm, and others saying it stands for "I'm Being Mentored" in reference to the company's open door policy and encouragement for mentoring at all levels. The company has traditionally resisted IBM and unions, labor union organizing, although unions represent some IBM workers outside the United States.


Leadership


President

# Thomas J. Watson, 1911–1949 # John George Phillips (businessman), John George Phillips, 1949–1951 # Thomas J. Watson Jr., 1951–1961 # Albert Lynn Williams, 1961–1966 # T. Vincent Learson, 1966–1971 # Frank T. Cary, 1971–1974 # John R. Opel, 1974–1983 # John Fellows Akers, 1983–1989 # Jack Kuehler, 1989– # Samuel J. Palmisano, 2000–2012 # Ginni Rometty, 2012–2020 # Arvind Krishna, 2020–present


Chairman of the Board

# George Winthrop Fairchild, 1915–1949 # Thomas J. Watson, 1949–1961 # Thomas J. Watson Jr., 1961–1971 # T. Vincent Learson, 1971–1972 # Frank T. Cary, 1972–1983 # John R. Opel, 1983–1986 # John Fellows Akers, 1986–1993 # Lou Gerstner, 1993–2002 # Samuel J. Palmisano, 2003–2012 # Ginni Rometty, 2012–2020 # Arvind Krishna, 2020–present


See also

* List of electronics brands * List of largest Internet companies * List of largest manufacturing companies by revenue * Tech companies in the New York City metropolitan region * Top 100 US Federal Contractors * Quantum Energy Teleportation using IBM superconducting computers


Notes


References


Further reading

* * * * * * * * * * * * . * * * * *


External links

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