Full Form | International Business Machines |
Usage | Commonly used in the technology industry and business sector |
Context | Represents a multinational technology and consulting corporation |
History | Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed to IBM in 1924 |
Headquarters | Armonk, New York, United States |
Industry | Operates in the information technology (IT) industry, offering hardware, software, and services |
Products | Offers a wide range of products and services, including mainframe computers, servers, storage systems, software solutions, cloud services, and consulting |
Innovation | Known for its history of innovation, including the invention of the first commercial computer, the IBM System/360 mainframe, and developments in artificial intelligence, quantum computing, and blockchain |
Global Reach | IBM operates in over 170 countries worldwide, serving clients across various industries |
Employees | Employs thousands of employees globally, including engineers, consultants, researchers, and business professionals |
Revenue | Generates significant revenue through hardware sales, software licensing, cloud services, and consulting engagements |
Acquisitions | IBM has a history of strategic acquisitions to enhance its product portfolio and expand its market presence |
Partnerships | Collaborates with other companies, academic institutions, and research organizations to drive innovation and address complex challenges |
Community | Engages in corporate social responsibility initiatives, including philanthropy, environmental sustainability, and education programs |
Legacy | IBM has a lasting legacy in the technology industry, shaping the development of computing and information technology over the past century |