Industry:Semiconductors, Electronics, Electrical Engineering
International Business Machines Corporation, or IBM, is a renowned company in the technology sector. Its headquarters is in Armonk, New York, and it operates in 175 countries. IBM is a key component of the Dow Jones Industrial Average. IBM has 19 research facilities worldwide to consistently work on innovation. IBM holds the record for the most U.S. patents annually for 29 years until 2021.
IBM was established in 1911 as the Computing-Tabulating-Recording Company (CTR) for record keeping. IBM’s mainframes powered 80% of U.S. computers and 70% globally in the 1960s-70s. The launch of the IBM Personal Computer in 1981 set the standard for modern PCs. IBM sold its PC division to Lenovo in 2005 and focused on its services, software, and supercomputers. Today, IBM leads in quantum computing, AI, and cloud services, as its supercomputers rank among the world’s most powerful.
IBM offers a wide range of products displayed in tabular form below:
| Category | Products/Services |
|---|---|
| Cloud Services | Hybrid Cloud Solutions, IBM Cloud Paks, Red Hat OpenShift, Cloud Security & Compliance |
| AI & Automation | IBM Watson, Watson Assistant, Watson Studio, Process Mining |
| Cybersecurity | IBM Security QRadar, IBM Guardium, IBM MaaS360, Zero Trust Solutions |
| Software | IBM Db2, IBM Cognos Analytics, IBM Maximo, IBM Cloud Pak for Data |
| IT Consulting | AI & Automation Consulting, Cloud Migration, Data & Analytics Strategy |
| Quantum Computing | IBM Quantum Systems, Qiskit, Quantum AI Research |
| Hardware | IBM Z Mainframes, IBM Power Systems, IBM Storage Solutions |
| Blockchain | IBM Blockchain Platform, Supply Chain Solutions, Digital Identity & Payments |
IBM’s strategy revolves around hybrid cloud and AI. It acquired Red Hat to support its cloud services. The company focuses on high-margin software and services for its long-term growth. IBM also invests massively in quantum computing and AI research. IBM presents itself as a next-generation tech industry.
IBM collected a revenue of $62.753 billion in 2024, an operating income of $8.385 billion, and a net income of $6.023 billion. The company’s total assets stood at $137.175 billion. Its workforce consisted of 282,200 employees. IBM’s market presence covers 177 countries due to its strong portfolio and strategic acquisitions.
The Chairman and CEO Arvind Krishna supervised the vision of IBM, which is innovation and durability. There is a culture of collaboration and consistent learning that prevails in the company. This culture encourages employees to work on technological advancements.
IBM has faced many challenges, from criticism of workforce reductions to ethical concerns related to AI and data privacy. The company has also been under regulatory scrutiny in various markets. However, IBM continues to adapt and innovate to maintain its top position in the industry.
The future of IBM lies in quantum computing, AI, and hybrid cloud solutions. The company aims to redefine industries and solve complex global challenges with ongoing investments in research and development. IBM’s attention to innovation and ethical technology keeps it at the top of the tech industry.
| Industry | Founded | Headquarters | Country/Territory | Chief Executive Officer | Employees |
|---|---|---|---|---|---|
| Semiconductors, Electronics, Electrical Engineering | 1911 | Armonk, New York | United States | Arvind Krishna | 282,200 |
| Revenue | Assets | Profits |
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