IBM
{{Short description|American multinational technology corporation}}
{{Other uses}}
{{Redirect|Big Blue|selfref=yes}}
{{Use American English|date=February 2019}}
{{Use mdy dates|date=February 2023}}
{{Infobox company
| name = International Business Machines Corporation
| trade_name = IBM
| logo = IBM logo.svg
| logo_caption = Logo since 1972, designed by Paul Rand
| image = IBM CHQ - Oct 2014.jpg
| image_caption = IBM CHQ in Armonk, New York, in 2014
| former_name = Computing-Tabulating-Recording Company (1911–1924)
| type = Public
| traded_as = {{ubl|{{NYSE|IBM}}|DJIA component|S&P 100 component|S&P 500 component}}
| predecessors = {{plainlist|
- Bundy Manufacturing Company
- Computing Scale Company of America
- International Time Recording Company
- Tabulating Machine Company
- Computing-Tabulating-Recording Company}}
| ISIN = {{ISIN|US4592001014}}
| founders = {{plainlist|
| area_served = 177 countries
| key_people = {{plainlist|
- Arvind Krishna (chairman & CEO){{cite news|url=https://fortune.com/2016/02/01/ibm-employee-performance-reviews/|title=IBM Is Blowing Up Its Annual Performance Review|work=Fortune|date=February 1, 2016|access-date=July 22, 2016|archive-date=October 29, 2020|archive-url=https://web.archive.org/web/20201029084543/https://fortune.com/2016/02/01/ibm-employee-performance-reviews/|url-status=live}}{{Cite web |title=IBM – Arvind Krishna – Chief Executive Officer |url=https://www.ibm.com/about/arvind |url-status=live |archive-url=https://web.archive.org/web/20220308034905/https://www.ibm.com/about/arvind |archive-date=March 8, 2022|access-date=March 8, 2022 |website=www.ibm.com |language=en-us}}
- Gary Cohn (vice chairman){{Cite web |title=IBM Newsroom - Gary Cohn |url=https://newsroom.ibm.com/gary-cohn-2 |access-date=March 8, 2022 |website=IBM Newsroom |language=en-us}}}}
| industry = Information technology
| products = Automation
Robotics
Artificial intelligence
Cloud computing
Consulting
Blockchain
Computer hardware
Software
Quantum computing
| brands = {{hlist |IBM Cloud |IBM Cognos Analytics |IBM Planning Analytics |SQL |Watson | Watsonx|Information Management Software |SPSS |ILOG |Tivoli Software |WebSphere |alphaWorks |Mashup Center |PureQuery |Fortran |IBM Quantum Platform |Mainframe |Power Systems |IBM storage |IBM Q System One |(Full list) }}
| services = {{hlist|Outsourcing|Professional services|Managed services}}
| revenue = {{increase}} {{US$|62.73 billion|link=yes}} (2024)
| operating_income = {{decrease}} {{US$|9.380 billion}} (2024)
| net_income = {{decrease}} {{US$|6.023 billion}} (2024)
| assets = {{nowrap| {{increase}} {{US$|137.2 billion}} (2024)}}
| equity = {{increase}} {{US$|27.39 billion}} (2024)
| num_employees = 270,300 (2024)
| footnotes = {{cite web |title=US SEC: Form 10-K IBM |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/51143/000005114325000015/ibm-20241231_d2.htm |publisher=U.S. Securities and Exchange Commission |date=February 25, 2025}}
| owner =
| subsid = Pre-WW2 list of subsidiaries
| founded = {{Start date and age|1911|06|16}} (as Computing-Tabulating-Recording Company)
Endicott, New York, U.S.{{citation|contribution=Certificate of Incorporation of Computing-Tabulating-Recording-Co|title=Appendix to Hearings Before the Committee on Patents, House of Representatives, Seventy-Fourth Congress, on H. R. 4523, Part III|publisher=United States Government Printing Office|date=1935|orig-date=Incorporation paperwork filed June 16, 1911|url=https://books.google.com/books?id=_8tFAQAAMAAJ&pg=PA3428|access-date=July 18, 2019|archive-date=August 3, 2020|archive-url=https://web.archive.org/web/20200803060912/https://books.google.com/books?id=_8tFAQAAMAAJ&pg=PA3428|url-status=live}}
| hq_location = 1 Orchard Road
| location_city = Armonk, New York
| location_country = United States
| website = {{URL|ibm.com}}
}}
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue,{{Cite web |date=March 7, 2012 |title=IBM100 - The Making of International Business Machines |url=http://www-03.ibm.com/ibm/history/ibm100/us/en/icons/makingibm/impacts/ |archive-url=https://web.archive.org/web/20181005172652/http://www-03.ibm.com/ibm/history/ibm100/us/en/icons/makingibm/impacts/ |archive-date=October 5, 2018 |access-date=December 30, 2022 |website=www-03.ibm.com |language=en-US}} is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries.{{Cite web |date=June 27, 2019 |title=Trust and responsibility. Earned and practiced daily. |url=https://www.ibm.com/blogs/corporate-social-responsibility/2019/06/trust-and-responsibility-earned-and-practiced-daily/ |access-date=December 30, 2022 |website=IBM Impact |language=en-US}}{{cite web|website=10-K|url=https://www.sec.gov/Archives/edgar/data/51143/104746919000712/0001047469-19-000712-index.htm|title=10-K|access-date=June 1, 2019|ref={{harvid|10-K|2018}}|archive-date=December 5, 2019|archive-url=https://web.archive.org/web/20191205181213/https://www.sec.gov/Archives/edgar/data/51143/104746919000712/0001047469-19-000712-index.htm|url-status=live}} It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average.{{Efn|{{As of|2024}}.}}{{cite web |title=Dow Jones Industrial Average |url=https://www.slickcharts.com/dowjones |access-date=3 October 2024 |website=SlickCharts}}{{cite web |title=IBM Overview |url=https://finance.yahoo.com/quote/IBM/profile |access-date=3 October 2024 |website=Yahoo! Finance}} IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held the record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021.
IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR), a holding company 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, was the world's dominant computing platform, with the company producing 80 percent of computers in the U.S. and 70 percent of computers worldwide.{{Cite web |title=IBM {{!}} Founding, History, & Products {{!}} Britannica |url=https://www.britannica.com/topic/International-Business-Machines-Corporation |access-date=December 30, 2022 |website=www.britannica.com |language=en}}
IBM debuted in the microcomputer market in 1981 with the IBM Personal Computer, — its DOS software provided by Microsoft, which became the basis for the majority of personal computers to the present day.{{Cite magazine |last=Alfred |first=Randy |title=Aug. 12, 1981: IBM Gets Personal With 5150 PC |url=https://www.wired.com/2011/08/0812ibm-5150-personal-computer-pc/ |access-date=2024-11-19 |magazine=Wired |language=en-US |issn=1059-1028}} The company later also found success in the portable space with the ThinkPad. Since the 1990s, IBM has concentrated on computer services, software, supercomputers, and scientific research; it sold its microcomputer division to Lenovo 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.
As one of the world's oldest and largest technology companies, IBM has been responsible for several technological innovations, including the Automated Teller Machine (ATM), Dynamic Random-Access Memory (DRAM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, and the Universal Product Code (UPC) barcode. The company has made inroads in advanced computer chips, quantum computing, artificial intelligence, and data infrastructure.{{Cite news |last=Helmore |first=Edward |date=2023-12-04 |title=IBM unveils new quantum computing chip to 'explore new frontiers of science' |url=https://www.theguardian.com/technology/2023/dec/04/ibm-quantum-computer-heron |access-date=2024-02-14 |work=The Guardian |language=en-GB |issn=0261-3077}}{{Cite web |last=Carter |first=Sandy |title=The Evolution Of AI: From IBM And AWS To OpenAI and Anthropic |url=https://www.forbes.com/sites/digital-assets/2023/11/07/the-evolution-of-ai-from-ibm-and-aws-to-openai-and-anthropic/ |access-date=2024-02-14 |website=Forbes |language=en}}{{Cite web |last=McDowell |first=Steve |title=IBM Realigns Its Storage Business To Match Data-Driven Enterprise Needs |url=https://www.forbes.com/sites/stevemcdowell/2023/03/07/ibm-realigns-its-storage-business-to-match-data-driven-enterprise-needs/ |access-date=2024-02-14 |website=Forbes |language=en}} IBM employees and alumni have won various recognitions for their scientific research and inventions, including six Nobel Prizes and six Turing Awards.{{Cite web |date=February 9, 2021 |title=About us |url=https://research.ibm.com/about |access-date=December 30, 2022 |website=IBM Research}}
History
{{Main|History of IBM}}
= 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;{{cite book|title=Images of America: IBM in Endicott|last1=Aswad|first1=Ed|last2=Meredith|first2=Suzanne|year=2005|publisher=Arcadia Publishing|isbn=0-7385-3700-4|url=https://books.google.com/books?id=YzlDdhWK3IsC&q=julius+e.+pitrap+computing+scale&pg=PA39|access-date=October 22, 2020|archive-date=January 8, 2021|archive-url=https://web.archive.org/web/20210108020043/https://books.google.com/books?id=YzlDdhWK3IsC&q=julius+e.+pitrap+computing+scale&pg=PA39|url-status=live}} Alexander Dey invented the dial recorder (1888);{{cite web |title=Dey dial recorder, early 20th century |url=https://www.scienceandsociety.co.uk/results.asp?image=10204421 |url-status=live |archive-url=https://web.archive.org/web/20201023032106/https://www.scienceandsociety.co.uk/results.asp?image=10204421 |archive-date=October 23, 2020 |access-date=December 30, 2010 |website=scienceandsociety.co.uk |publisher=UK Science Museum}} Herman Hollerith patented the Electric Tabulating Machine (1889);{{cite web |title=Hollerith 1890 Census Tabulator |url=https://www.columbia.edu/acis/history/census-tabulator.html |url-status=live |archive-url=https://web.archive.org/web/20110420214449/https://www.columbia.edu/acis/history/census-tabulator.html |archive-date=April 20, 2011 |access-date=December 30, 2010 |website=columbia.edu |publisher=Columbia University}} and Willard Bundy invented a time clock to record workers' arrival and departure times on a paper tape (1889).{{cite web |title=Employee Punch Clocks |url=https://www.floridatimeclock.com/employee-punch-clocks.htm |archive-url=https://web.archive.org/web/20110711011858/https://www.floridatimeclock.com/employee-punch-clocks.htm |archive-date=July 11, 2011 |access-date=December 30, 2010 |website=floridatimeclock.com |publisher=Florida Time Clock}} 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 (CTR) based in Endicott, New York.{{cite news |date=June 10, 1911 |title=Tabulating Concerns Unite: Flint & Co. Bring Four Together with $19,000,000 capital |page=1 |work=The New York Times |url=https://timesmachine.nytimes.com/timesmachine/1911/06/10/104783303.pdf |url-status=live |access-date=June 14, 2018 |archive-url=https://web.archive.org/web/20210225203320/https://timesmachine.nytimes.com/timesmachine/1911/06/10/104783303.pdf |archive-date=February 25, 2021}} The five companies had 1,300 employees and offices and plants in Endicott and Binghamton, New York; Dayton, Ohio; Detroit, Michigan; Washington, D.C.; and Toronto, Canada.{{Cite web |title=The origins of IBM {{!}} IBM |url=https://www.ibm.com/history/ctr-and-ibm |access-date=2024-05-28 |website=www.ibm.com |language=en-us}}
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 by John Henry Patterson, called on Flint and, in 1914, was offered a position at CTR.{{cite book|last1=Belden|first1=Thomas Graham|last2=Belden|first2=Marva Robins|year=1962|title=The Lengthening Shadow: The Life of Thomas J. Watson|url=https://archive.org/details/lengtheningshado00beld|url-access=registration|publisher=Little, Brown and Co.|pages=[https://archive.org/details/lengtheningshado00beld/page/89 89–93]}} Watson joined CTR as general manager and then, 11 months later, was made President when antitrust cases relating to his time at NCR were resolved.{{Cite book |last1=Campbell-Kelly |first1=Martin |title=Computer: A History of the Information Machine |last2=Aspray |first2=William F. |last3=Yost |first3=Jeffrey R. |last4=Tinn |first4=Honghong |last5=Díaz |first5=Gerardo Con |publisher=Taylor & Francis |year=2023 |isbn=978-1-000-87875-2 |location=New York, NY |language=en}} Having learned Patterson's pioneering business practices, Watson proceeded to put the stamp of NCR onto CTR's companies.{{rp|105}} 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".{{cite web |date=January 23, 2003 |title=Chronological History of IBM, 1910s |url=https://www-03.ibm.com/ibm/history/history/decade_1910.html |url-status=dead |archive-url=https://web.archive.org/web/20180826071136/https://www-03.ibm.com/ibm/history/history/decade_1910.html |archive-date=August 26, 2018 |access-date=January 30, 2015 |website=ibm.com |publisher=IBM}}{{cite book|last=Marcosson|first=Isaac F.|url=https://books.google.com/books?id=-e9CAAAAIAAJ|title=Wherever Men Trade: The Romance of the Cash Register|year=1945|isbn=978-0-405-04713-8|oclc=243101|location=New York (NY)|publisher=Dodd, Mead & Co.}} His favorite slogan, "THINK", became a mantra for each company's employees. During Watson's first four years, revenues reached $9 million (${{Format price|{{Inflation|US|9000000|1919}}}} 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.{{cite news |last1=Ngak |first1=Chenda |title=Made in the USA: American tech inventions |url=https://www.cbsnews.com/pictures/made-in-the-usa-american-tech-inventions/ |work=www.cbsnews.com |date=4 July 2012}} By 1933, most of the subsidiaries had been merged into one company, IBM.(Rodgers, THINK, p. 83)
File:IBM Electronic Data Processing Machine - GPN-2000-001881.jpg researchers using an IBM type 704 electronic data processing machine in 1957]]
The Nazis 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, including internment in the concentration camps.{{Cite book |last=Black |first=Edwin |title=IBM and the Holocaust: The Strategic Alliance Between Nazi Germany and America's Most Powerful Corporation |publisher=Dialog Press |year=2008 |isbn=978-0-914153-10-8}} Black contends that IBM's dealings with Nazis through its New York City headquarters persisted during World War II.{{Cite news |last=Burkeman |first=Oliver |date=2002-03-29 |title=IBM 'dealt directly with Holocaust organisers' |url=https://www.theguardian.com/world/2002/mar/29/humanities.highereducation |access-date=2025-02-16 |work=The Guardian |language=en-GB |issn=0261-3077}} Nazi concentration camps operated a Hollerith department called Hollerith Abteilung, which had IBM machines, including calculating and sorting machines.{{Cite book |last=Pauwels |first=Jacques R. |title=Big Business and Hitler |publisher=James Lorimer & Company |year=2017 |isbn=978-1-4594-0987-3 |language=de}}
IBM as a military contractor produced 6% of the M1 Carbine 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, in 1952. The IBM 305 RAMAC introduced the hard disk drive in 1956. The company switched to transistorized designs with the 7000 and 1400 series, beginning in 1958. In which, IBM considered the 1400 series the
In 1956, the company demonstrated the first practical example of artificial intelligence when Arthur L. Samuel of IBM's Poughkeepsie, New York, laboratory programmed an IBM 704 not merely to play checkers but "learn" from its own experience. In 1957, the FORTRAN scientific programming language was developed.{{Citation needed|date=December 2024}}
= 1960s–1980s =
In 1961, IBM developed the SABRE reservation system for American Airlines 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. 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 spacecraft guidance computers.
File:IBM360-67AtUmichWithMikeAlexander.jpg in use at the University of Michigan {{Circa|1969}}]]
File:Saturn_IB_and_V_Instrument_Unit.jpg]]
On April 7, 1964, IBM launched the first computer system family, the IBM System/360. 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 in 1970. Together the 360 and 370 made the IBM mainframe the dominant mainframe computer 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 transaction processing monitor, had a near-monopoly-level market share and became the thing IBM was most known for during this period.{{cite book | title=From Airline Reservations to Sonic the Hedgehog: A History of the Software Industry | first=Martin | last=Campbell-Kelly | author-link=Martin Campbell-Kelly | publisher=MIT Press | location=Cambridge, Massachusetts | year=2003 | pages=140–143, 175–176, 237}}
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".{{cite journal|url=https://heinonline.org/HOL/LandingPage?handle=hein.journals/tlr60&div=37|title=Monopolization: Corporate Strategy, the IBM Cases, and the Transformation of the Law|last=Sullivan|first=Lawrence A.|journal=Texas Law Review|date=April 1982|access-date=January 14, 2022|volume=60|issue=4|pages=587–647|archive-date=January 14, 2022|archive-url=https://web.archive.org/web/20220114192845/https://heinonline.org/HOL/LandingPage?handle=hein.journals/tlr60&div=37|url-status=live}}
Also in 1969, IBM engineer Forrest Parry invented the magnetic stripe card 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.{{cite web |title=The history of the UPC bar code and how the bar code symbol and system became a world standard. |url=https://www.cummingsdesign.com/bar_code_history.htm |url-status=live |archive-url=https://web.archive.org/web/20201109220243/https://www.cummingsdesign.com/bar_code_history.htm |archive-date=November 9, 2020 |access-date=May 17, 2011 |website=cummingsdesign.com |publisher=Cummingsdesign}} IBM and the World Bank first introduced financial swaps to the public in 1981, when they entered into a swap agreement.{{cite book|title=Fundamentals of Corporate Finance|edition=9th, alternate|last1=Ross|last2=Westerfield|last3=Jordan|year=2010|publisher=McGraw Hill|page=746}}
File:IBM PC-IMG 7271 (transparent).png (pictured) became one of IBM's best selling products and has had a wide influence on personal computing since its release in 1981.]]
IBM entered the microcomputer market in the 1980s with the IBM Personal Computer (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,{{Cite book |last=Press |first=Larry |title=IBM PC |publisher=John Wiley and Sons Ltd. |year=2003 |isbn=0-470-86412-5 |publication-date=1 January 2003 |page=833}}{{Cite web |title=Origin of the IBM PC {{!}} Low End Mac |url=https://lowendmac.com/2006/origin-of-the-ibm-pc/ |access-date=2024-02-19 |website=lowendmac.com}} the PC was not well protected by intellectual property 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 to develop a new operating system, which was released as OS/2. 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 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.{{cite journal | last=Miller | first=Michael W. | date=November 10, 1992 | url=https://www.proquest.com/docview/398331696/ | title='Break Up IBM,' Cry Some Investors Who See Value in Those Baby Blues | journal=The Wall Street Journal | publisher=Dow Jones & Company | page=C1 | via=ProQuest}}{{cite journal | last=Ziegler | first=Bart | date=September 6, 1992 | url=https://www.proquest.com/docview/268053630/ | title=Big Blue still breaking up its bureaucracy | journal=Colorado Springs-Gazette | page=E3 | via=ProQuest}} 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.{{cite news |agency=Associated Press | date=September 6, 1992 | url=https://www.proquest.com/docview/288539645/ |url-access=subscription | title=Facts, Figures on IBM's 13 Decentralized Firms |newspaper=The Salt Lake Tribune | page=D14 | via=ProQuest}} Lexmark was acquired by Clayton & Dubilier in a leveraged buyout shortly after its formation.{{cite news|url=http://query.nytimes.com/gst/fullpage.html?res=9D0CE2D9173CF931A15751C1A967958260|title=The Executive Computer; Can I.B.M. Learn From a Unit It Freed?|work=The New York Times|first=Peter H.|last=Lewis|date=December 22, 1991}}
In September 1992, IBM completed the spin-off of their 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.).{{cite news | last=Burgess | first=John | date=September 3, 1992 | url=https://www.washingtonpost.com/archive/business/1992/09/03/ibm-plans-division-for-its-pc-business/f732f4c5-ead6-4867-a911-c75bd6ad7ef3/ | title=IBM Plans Division For Its PC Business; One Executive Expected to Be Put in Control | newspaper=The Washington Post | page=B11 | archive-url=https://archive.today/20230512002255/https://www.washingtonpost.com/archive/business/1992/09/03/ibm-plans-division-for-its-pc-business/f732f4c5-ead6-4867-a911-c75bd6ad7ef3/ | archive-date=May 12, 2023}}{{cite news | last=Burgess | first=John | date=November 26, 1992 | url=https://www.washingtonpost.com/archive/business/1992/11/26/with-new-approach-and-executive-team-ibm-seeks-a-rebirth/8e8c42e0-cb95-4d75-8149-059fe121bb50/ | title=With New Approach and Executive Team, IBM Seeks a Rebirth | newspaper=The Washington Post | page=D1 | archive-url=https://archive.today/20230512001140/https://www.washingtonpost.com/archive/business/1992/11/26/with-new-approach-and-executive-team-ibm-seeks-a-rebirth/8e8c42e0-cb95-4d75-8149-059fe121bb50/ | archive-date=May 12, 2023}} 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.{{cite journal | last=Hooper | first=Lawrence | date=September 3, 1992 | url=https://www.proquest.com/docview/398296978/ | title=IBM to Unveil New Structure of PC Business | journal=The Wall Street Journal | publisher=Dow Jones & Company | page=A3 | via=ProQuest}} The corporate restructuring was one of the largest and most expensive in history up to that point.{{cite news | agency=Associated Press | date=July 28, 1993 | url=https://www.proquest.com/docview/256293920/ |url-access=subscription | title=IBM reports record loss of $8 billion |newspaper=Austin American-Statesman | page=B6 | via=ProQuest}} 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-based workstations.{{cite journal | last=Lohr | first=Steve | date=August 2, 1993 | url=https://www.nytimes.com/1993/08/02/business/ibm-and-dell-stake-out-the-little-picture-in-pc-s.html | title=I.B.M. and Dell Stake Out the Little Picture in PC's | journal=The New York Times | page=D2 | archive-url=https://web.archive.org/web/20150526082706/https://www.nytimes.com/1993/08/02/business/ibm-and-dell-stake-out-the-little-picture-in-pc-s.html | archive-date=May 26, 2015}}{{cite journal | last=Burke | first=Steven | date=September 11, 1995 | url=https://www.proquest.com/docview/227494932/ | title=IBM Power Personal Systems group to be folded into PC Co. | journal=Computer Reseller News | publisher=CMP Publications | issue=648 | page=7 | via=ProQuest}} IBM PC Co. introduced the ThinkPad clone computers, which IBM would heavily market and would eventually become one of the best-selling series of notebook computers.{{Cite web |title=ThinkPad {{!}} IBM |url=https://www.ibm.com/history/thinkpad |access-date=2024-11-19 |website=www.ibm.com |language=en}}
In 1993, IBM posted an $8 billion loss – at the time the biggest in American corporate history.{{cite web|url=https://public.dhe.ibm.com/common/ssi/ecm/en/gbe03420usen/GBE03420USEN.PDF|archive-url=https://web.archive.org/web/20140223004332/https://public.dhe.ibm.com/common/ssi/ecm/en/gbe03420usen/GBE03420USEN.PDF|archive-date=February 23, 2014|title=Life science: Fade or flourish ?|first1=Guy|last1=Lefever|first2=Michele|last2=Pesanello|first3=Heather|last3=Fraser|first4=Lee|last4=Taurman|year=2011|publisher=IBM Institute for Business Value|access-date=July 6, 2013|page= 2}} Lou Gerstner was hired as CEO from RJR Nabisco to turn the company around.{{Cite web|url=https://www.ibm.com/ibm/history/exhibits/chairmen/chairmen_9.html|title=IBM Archives: Louis V. Gerstner, Jr.|date=January 23, 2003|website=www.ibm.com|access-date=July 10, 2019|archive-date=September 20, 2020|archive-url=https://web.archive.org/web/20200920153611/https://www.ibm.com/ibm/history/exhibits/chairmen/chairmen_9.html|url-status=live}} In 1995, IBM purchased Lotus Software, best known for its Lotus 1-2-3 spreadsheet software.{{Cite web |date=1995-12-06 |title=IBM wins Lotus as offer is raised above $3.5 billion |website=The New York Times |url=https://www.nytimes.com/1995/06/12/us/ibm-wins-lotus-as-offer-is-raised-above-3.5-billion.html |access-date=2024-12-17}} 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.
File:IBMinventions.png, DRAM, the UPC bar code, and the magnetic stripe card]]
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.{{cite journal | last=Zimmerman | first=Michael R. | author2=Lisa Dicarlo | date=December 14, 1998 | url=https://link.gale.com/apps/doc/A53396059/GPS?sid=wikipedia | title=Not Your Father's PC Company Anymore | journal=PC Week | publisher=Ziff-Davis | volume=15 | issue=50 | page=1 }} A year later, IBM stopped selling their computers at retail outlets after their market share in this sector had fallen considerably behind competitors Compaq and Dell.{{Cite news |last=Hansell |first=Saul |date=October 25, 1999 |title=The Strategy For I.B.M.: Loss-Leader PC Sales |language=en-US |work=The New York Times |url=https://www.nytimes.com/1999/10/25/business/the-strategy-for-ibm-loss-leader-pc-sales.html |access-date=March 29, 2023 |issn=0362-4331}} Immediately afterwards, the IBM PC Co. was dissolved and merged into IBM Personal Systems Group.{{cite journal | last=Greiner | first=Lynn | date=October 22, 1999 | url=https://www.proquest.com/docview/225027589/ | title=Big Blue to combine PC division with PSG | journal=Computing Canada | publisher=Plesman Publications | volume=25 | issue=40 | page=6 | via=ProQuest}}
In 2002 IBM acquired PwC Consulting, the consulting arm of PwC which was merged into its IBM Global Services.{{Cite web |author=Linda Rosencrance |date=July 30, 2002 |title=IBM to acquire PwC Consulting for $3.5 billion |url=https://www.computerworld.com/article/2576700/ibm-to-acquire-pwc-consulting-for--3-5-billion.html |access-date=October 4, 2022 |website=Computerworld}}{{Cite web |author=Stephen Shankland |date=July 31, 2002 |title=IBM grabs consulting giant for $3.5 billion |url=https://www.cnet.com/tech/tech-industry/ibm-grabs-consulting-giant-for-3-5-billion/ |access-date=October 4, 2022}} On September 14, 2004, LG and IBM announced that their business alliance in the South Korean market would end at the end of that year. Both companies stated that it was unrelated to the charges of bribery earlier that year.{{Cite news |last=Won Choi |first=Hae |date=September 15, 2004 |title=IBM, LG Electronics Call Halt To PC Joint Venture in Korea |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/SB109516384011117260 |access-date=November 25, 2022 |issn=0099-9660}}{{Cite web |last=Sung-ha |first=Park |date=August 30, 2004 |title=LG, IBM to split by end of year |url=https://koreajoongangdaily.joins.com/2004/08/30/economy/LG-IBM-to-split-by-end-of-year/2462587.html |access-date=November 25, 2022 |website=Korea JoongAng Daily |language=en}}{{Cite news |title=IBM, LG Electronics to End Joint Venture |work=Forbes |url=http://www.forbes.com/feeds/ap/2004/09/14/ap1543788.html |archive-url=https://web.archive.org/web/20041022180259/http://www.forbes.com/feeds/ap/2004/09/14/ap1543788.html |archive-date=October 22, 2004}}{{Cite web |last=Vance |first=Ashlee |author-link=Ashlee Vance |title=South Korea slams IBM with server slush fund charges |url=https://www.theregister.com/2004/01/05/south_korea_slams_ibm/ |access-date=November 25, 2022 |website=www.theregister.com |language=en}} Xnote was originally part of the joint venture and was sold by LG in 2012.{{Cite web |title=Laptop Retrospective |url=https://laptopretrospective.com/author/laptopretrospective_azusy3/ |access-date=April 16, 2023 |website=Laptop Retrospective |language=en-US}}
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{{cite web |title=Lenovo Completes Acquisition Of IBM's Personal Computing Division |url=https://www-03.ibm.com/press/us/en/pressrelease/7641.wss |url-status=dead |archive-url=https://web.archive.org/web/20201110225728/https://www-03.ibm.com/press/us/en/pressrelease/7641.wss |archive-date=November 10, 2020 |access-date=March 1, 2019 |website=03.ibm.com |publisher=IBM}} and, in 2009, it acquired software company SPSS Inc. Later in 2009, IBM's Blue Gene supercomputing program was awarded the National Medal of Technology and Innovation by U.S. President Barack Obama.
= 2010s–present =
In 2011, IBM gained worldwide attention for its artificial intelligence program Watson, which was exhibited on Jeopardy! 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,{{cite web|url=https://www-03.ibm.com/press/us/en/pressrelease/38594.wss|title=IBM Plans to Acquire Texas Memory Systems|publisher=IBM|access-date=August 17, 2012|archive-date=October 12, 2020|archive-url=https://web.archive.org/web/20201012043556/https://www-03.ibm.com/press/us/en/pressrelease/38594.wss|url-status=dead}} and a year later it also acquired SoftLayer Technologies, a web hosting service, in a deal worth around $2 billion.{{cite news|url=https://www.reuters.com/article/us-softlayer-ibm-idUSBRE9530NT20130605|title=IBM to buy website hosting service SoftLayer|first=Jennifer|last=Saba|publisher=Reuters|date=June 5, 2013|access-date=July 1, 2017|archive-date=September 24, 2015|archive-url=https://web.archive.org/web/20150924181906/https://www.reuters.com/article/2013/06/05/us-softlayer-ibm-idUSBRE9530NT20130605|url-status=live}} Also that year, the company designed a video surveillance system for Davao City.{{Cite web|url=https://theintercept.com/2019/03/20/rodrigo-duterte-ibm-surveillance/|title=Inside the Video Surveillance Program IBM Built for Philippine Strongman Rodrigo Duterte|first1=George|last1=Joseph|date=March 20, 2019|website=The Intercept|access-date=January 17, 2020|archive-date=January 4, 2021|archive-url=https://web.archive.org/web/20210104104906/https://theintercept.com/2019/03/20/rodrigo-duterte-ibm-surveillance/|url-status=live}}
In 2014 IBM announced it would sell its x86 server division to Lenovo for $2.1 billion.{{cite press release|publisher=Reuters|date=September 29, 2014|title=Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday|url=https://www.reuters.com/article/us-lenovo-ibm-deals-idUSKCN0HO08N20140929|access-date=July 1, 2017|archive-date=November 17, 2015|archive-url=https://web.archive.org/web/20151117105338/https://www.reuters.com/article/2014/09/29/us-lenovo-ibm-deals-idUSKCN0HO08N20140929|url-status=live}} while continuing to offer Power ISA-based servers.{{cite web |url=https://www.zdnet.com/article/lenovo-finalises-acquisition-of-ibms-x86-server-business/ |title=Lenovo finalises acquisition of IBM's x86 server business |work=ZDNet |first=Aimee |last=Chanthadavong |date=September 29, 2014 |access-date=October 5, 2024}} Also that year, IBM began announcing several major partnerships with other companies, including Apple Inc.,{{cite web |title=Apple + IBM |url=https://www.ibm.com/mobilefirst/us/en/?lnk=ushpls1 |url-status=live |archive-url=https://web.archive.org/web/20160304055744/https://www.ibm.com/mobilefirst/us/en/?lnk=ushpls1 |archive-date=March 4, 2016 |access-date=July 18, 2014 |website=ibm.com |publisher=IBM}}{{cite web |last1=Etherington |first1=Darrell |date=July 15, 2014 |title=Apple Teams Up With IBM For Huge, Expansive Enterprise Push |url=https://techcrunch.com/2014/07/15/apple-teams-up-with-ibm-for-huge-expansive-enterprise-push/ |url-status=live |archive-url=https://web.archive.org/web/20201215222753/https://techcrunch.com/2014/07/15/apple-teams-up-with-ibm-for-huge-expansive-enterprise-push/ |archive-date=December 15, 2020 |access-date=July 18, 2014 |website=marketbusinessnews.com |publisher=Tech Crunch}} Twitter,{{cite web |last=Nordqvist |first=Christian |date=November 2, 2014 |title=Landmark IBM Twitter partnership to help businesses make decisions |url=https://marketbusinessnews.com/landmark-ibm-twitter-partnership-help-businesses-make-decisions/37093 |url-status=live |archive-url=https://web.archive.org/web/20201112012816/https://marketbusinessnews.com/landmark-ibm-twitter-partnership-help-businesses-make-decisions/37093/ |archive-date=November 12, 2020 |access-date=November 2, 2014 |publisher=Market Business News}} Facebook,{{cite web|last1=Ha|first1=Anthony|title=IBM Announces Marketing Partnership With Facebook|date=May 6, 2015 |url=https://techcrunch.com/2015/05/05/ibm-partners-with-facebook/|publisher=TechCrunch|access-date=August 13, 2016|archive-date=November 8, 2020|archive-url=https://web.archive.org/web/20201108103944/https://techcrunch.com/2015/05/05/ibm-partners-with-facebook/|url-status=live}} Tencent,{{cite news|last1=Kyung-Hoon|first1=Kim|title=Tencent teams up with IBM to offer business software over the cloud|date=November 3, 2014|url=https://www.reuters.com/article/us-tencent-ibm-deals-idUSKBN0IK0Q320141103|work=Reuters|access-date=August 13, 2016|archive-date=October 23, 2020|archive-url=https://web.archive.org/web/20201023220332/https://www.reuters.com/article/us-tencent-ibm-deals-idUSKBN0IK0Q320141103|url-status=live}} Cisco,{{cite web|last1=Vanian|first1=Jonathan|title=Cisco and IBM's New Partnership Is a Lot About Talk|url=https://fortune.com/2016/06/30/cisco-ibm-chat-work-collaboration/|publisher=Fortune|access-date=August 13, 2016|archive-date=October 27, 2020|archive-url=https://web.archive.org/web/20201027204802/https://fortune.com/2016/06/30/cisco-ibm-chat-work-collaboration/|url-status=live}} UnderArmour,{{cite web|last1=Terdiman|first1=Daniel|title=IBM, Under Armour Team Up To Bring Cognitive Computing To Fitness Apps|date=January 6, 2016|url=https://www.fastcompany.com/3055148/ibm-under-armour-team-up-to-bring-cognitive-computing-to-fitness-apps|publisher=Fast Company|access-date=August 13, 2016|archive-date=November 8, 2020|archive-url=https://web.archive.org/web/20201108114905/https://www.fastcompany.com/3055148/ibm-under-armour-team-up-to-bring-cognitive-computing-to-fitness-apps|url-status=live}} Box,{{cite web|last1=Franklin|first1=Curtis Jr.|title=IBM, Box Cloud Partnership: What It Means|date=June 26, 2015|url=https://www.informationweek.com/cloud/cloud-storage/ibm-box-cloud-partnership-what-it-means/a/d-id/1321059|publisher=Information Week|access-date=August 13, 2016|archive-date=November 21, 2020|archive-url=https://web.archive.org/web/20201121231350/https://www.informationweek.com/cloud/cloud-storage/ibm-box-cloud-partnership-what-it-means/a/d-id/1321059|url-status=live}} Microsoft,{{cite web|last1=Weinberger|first1=Matt|title=Microsoft just made a deal with IBM – and Apple should be nervous|url=https://www.businessinsider.com/microsoft-ibm-surface-partnership-2016-7|publisher=Business Insider|access-date=August 13, 2016|archive-date=August 9, 2020|archive-url=https://web.archive.org/web/20200809100141/https://www.businessinsider.com/microsoft-ibm-surface-partnership-2016-7|url-status=live}} VMware,{{cite web|last1=Forrest|first1=Conner|title=VMware and SugarCRM expand partnerships with IBM, make services available on IBM Cloud|date=June 14, 2016|url=https://www.techrepublic.com/article/vmware-and-sugarcrm-expand-partnerships-with-ibm-make-services-available-on-ibm-cloud/|publisher=Tech Republic|access-date=August 13, 2016|archive-date=August 23, 2020|archive-url=https://web.archive.org/web/20200823095633/https://www.techrepublic.com/article/vmware-and-sugarcrm-expand-partnerships-with-ibm-make-services-available-on-ibm-cloud/|url-status=live}} CSC,{{cite web|last1=Taft|first1=Darryl|title=IBM, CSC Expand Their Cloud Deal to the Mainframe|date=July 25, 2016|publisher=eWeek|url=https://www.eweek.com/cloud/ibm-csc-expand-their-cloud-deal-to-the-mainframe.html|access-date=August 13, 2016}} Macy's,{{cite web|last1=Taft|first1=Darryl|title=Macy's Taps IBM, Satisfi for In-Store Shopping Companion|date=July 22, 2016|url=https://www.eweek.com/database/macys-taps-ibm-satisfi-for-in-store-shopping-companion.html|publisher=eWeek|access-date=August 13, 2016}} Sesame Workshop,{{cite web|last1=Toppo|first1=Greg|title=Sesame Workshop, IBM partner to use Watson for preschoolers|url=https://www.usatoday.com/story/news/2016/04/27/sesame-workshop-ibm-partner-use-watson-preschoolers/83563342/|publisher=USA Today|access-date=August 13, 2016|archive-date=October 15, 2020|archive-url=https://web.archive.org/web/20201015013059/https://www.usatoday.com/story/news/2016/04/27/sesame-workshop-ibm-partner-use-watson-preschoolers/83563342/|url-status=live}} the parent company of Sesame Street, and Salesforce.com.{{cite web|last=Nusca|first=Andrea|title=IBM, Salesforce Strike Global Partnership on Cloud, AI|url=https://fortune.com/2017/03/06/ibm-salesforce-partnership-ai/|publisher=Fortune|access-date=March 7, 2017|archive-date=November 11, 2020|archive-url=https://web.archive.org/web/20201111235241/https://fortune.com/2017/03/06/ibm-salesforce-partnership-ai/|url-status=live}}
In 2015, its chip division transitioned to a fabless model with semiconductors design, offloading manufacturing to GlobalFoundries.{{Cite web |title=GlobalFoundries completes IBM chip acquisition {{!}} bit-tech.net |url=https://bit-tech.net/news/tech/cpus/glofo-ibm-acquisition-complete/1/ |access-date=2024-08-31 |website=bit-tech.net |language=en}}
In 2015, IBM announced three major acquisitions: Merge Healthcare for $1 billion,{{cite news|url=https://www.bloomberg.com/news/videos/2015-08-06/ibm-buys-merge-healthcare-to-boost-watson-health-cloud|work=Bloomberg|title=IBM Buys Merge Healthcare to Boost Watson Health Cloud|date=August 6, 2015|access-date=March 7, 2017|archive-date=September 25, 2020|archive-url=https://web.archive.org/web/20200925220133/https://www.bloomberg.com/news/videos/2015-08-06/ibm-buys-merge-healthcare-to-boost-watson-health-cloud|url-status=live}} data storage vendor Cleversafe, and all digital assets from The Weather Company, including Weather.com and The Weather Channel mobile app.{{cite news|title=IBM Agrees to Acquire Weather Channel's Digital Assets|url=https://www.bloomberg.com/news/articles/2015-10-28/ibm-agrees-to-acquire-weather-channel-s-digital-assets|access-date=October 28, 2015|work=Bloomberg|archive-date=October 13, 2020|archive-url=https://web.archive.org/web/20201013172810/https://www.bloomberg.com/news/articles/2015-10-28/ibm-agrees-to-acquire-weather-channel-s-digital-assets|url-status=live}}{{cite news|title=IBM to Acquire the Weather Company|url=https://www.nytimes.com/2015/10/29/technology/ibm-to-acquire-the-weather-company.html|access-date=October 28, 2015|work=The New York Times|date=October 28, 2015 |archive-date=December 14, 2020|archive-url=https://web.archive.org/web/20201214191035/https://www.nytimes.com/2015/10/29/technology/ibm-to-acquire-the-weather-company.html|url-status=live|last1=Hardy |first1=Quentin }} 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 and formed a new cloud video unit.{{cite web|title=IBM acquires Ustream, launches cloud video unit|url=https://www.usatoday.com/story/tech/news/2016/01/21/ibm-acquires-ustream-launches-cloud-video-unit/79109112/|publisher=USA Today|date=January 21, 2016|access-date=August 31, 2017|archive-date=October 15, 2020|archive-url=https://web.archive.org/web/20201015021210/https://www.usatoday.com/story/tech/news/2016/01/21/ibm-acquires-ustream-launches-cloud-video-unit/79109112/|url-status=live}}{{cite web|url=https://www.ustream.tv/blog/2016/01/21/ibm-acquires-ustream-behind-the-acquisition/|title=IBM Acquires Ustream: Behind the Acquisition|first=Tilly|last=McLain|date=January 21, 2016|website=Ustream Online Video Blog|archive-url=https://web.archive.org/web/20160122013620/https://www.ustream.tv/blog/2016/01/21/ibm-acquires-ustream-behind-the-acquisition/|archive-date=January 22, 2016|url-status=live|access-date=August 22, 2016}} In April 2016, it posted a 14-year low in quarterly sales.{{cite news|url=https://money.cnn.com/2016/04/19/investing/ibm-earnings-shrinking-14-year-low/|title=Big Blue isn't so big anymore|first=Matt|last=Egan|work=CNN Money|date=April 19, 2016|access-date=April 22, 2016|archive-date=October 31, 2020|archive-url=https://web.archive.org/web/20201031073326/https://money.cnn.com/2016/04/19/investing/ibm-earnings-shrinking-14-year-low/|url-status=live}} The following month, Groupon sued IBM accusing it of patent infringement, two months after IBM accused Groupon of patent infringement in a separate lawsuit.{{cite news|url=https://www.reuters.com/article/us-ibm-groupon-idUSKCN0Y02KG|title=Groupon sues 'once-great' IBM over patent|first=Jonathan|last=Stempel|work=Reuters|date=May 9, 2016|access-date=May 9, 2016|archive-date=November 8, 2020|archive-url=https://web.archive.org/web/20201108202609/https://www.reuters.com/article/us-ibm-groupon-idUSKCN0Y02KG|url-status=live}}
In 2015, IBM bought the digital part of The Weather Company,{{cite news|url=https://money.cnn.com/2015/10/28/technology/ibm-weather-channel/index.html|title=IBM Buys Digital Part of The Weather Company|first=David|last=Goldman|work=CNN Money|date=October 28, 2015|access-date=November 27, 2019|archive-date=December 30, 2020|archive-url=https://web.archive.org/web/20201230220517/https://money.cnn.com/2015/10/28/technology/ibm-weather-channel/index.html|url-status=live}} Truven Health Analytics for $2.6 billion in 2016, and in October 2018, IBM announced its intention to acquire Red Hat for $34 billion,{{Cite news|url=https://www.wsj.com/articles/ibm-in-advanced-talks-to-buy-red-hat-1540751279 |url-access=subscription |title=IBM to Acquire Red Hat for About $33 Billion|last1=Greene|first1=Jay|date=October 28, 2018|work=The Wall Street Journal|access-date=October 29, 2018|last2=McMillan|first2=Robert|language=en-US|issn=0099-9660|archive-date=November 9, 2020|archive-url=https://web.archive.org/web/20201109005734/https://www.wsj.com/articles/ibm-in-advanced-talks-to-buy-red-hat-1540751279|url-status=live}}{{cite news|last1=Hammond|first1=Ed|last2=Porter|first2=Kiel|last3=Barinka|first3=Alex|title=IBM to Acquire Linux Distributor Red Hat for $33.4 Billion |url-access=subscription |url=https://www.bloomberg.com/news/articles/2018-10-28/ibm-is-said-to-near-deal-to-acquire-software-maker-red-hat|newspaper=Bloomberg.com|date=October 28, 2018|access-date=October 28, 2018|archive-date=September 2, 2020|archive-url=https://web.archive.org/web/20200902215121/https://www.bloomberg.com/news/articles/2018-10-28/ibm-is-said-to-near-deal-to-acquire-software-maker-red-hat|url-status=live}}{{cite web|title=IBM to acquire Red Hat, completely changing the cloud landscape and becoming world's #1 hybrid cloud provider |url=https://www.redhat.com/en/about/press-releases/ibm-acquire-red-hat-completely-changing-cloud-landscape-and-becoming-world%E2%80%99s-1-hybrid-cloud-provider |website=Red Hat |date=October 28, 2018 |access-date=October 28, 2018|archive-date=October 28, 2018|archive-url=https://web.archive.org/web/20181028191024/https://www.redhat.com/en/about/press-releases/ibm-acquire-red-hat-completely-changing-cloud-landscape-and-becoming-world%E2%80%99s-1-hybrid-cloud-provider?intcmp=701f2000000RWK2AAO|url-status=live}} which was completed on July 9, 2019.{{Cite web|url=https://www.redhat.com/en/about/press-releases/ibm-closes-landmark-acquisition-red-hat-34-billion-defines-open-hybrid-cloud-future|title=IBM Closes Landmark Acquisition of Red Hat for $34 Billion; Defines Open, Hybrid Cloud Future|website=Red Hat |date=July 9, 2019 |language=en|access-date=July 9, 2019|archive-date=December 16, 2020|archive-url=https://web.archive.org/web/20201216104317/https://www.redhat.com/en/about/press-releases/ibm-closes-landmark-acquisition-red-hat-34-billion-defines-open-hybrid-cloud-future|url-status=live}}
In February 2020, IBM's John Kelly III joined Brad Smith of Microsoft to sign a pledge with the Vatican to ensure the ethical use and practice of Artificial Intelligence (AI).{{cite news |title=Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI |url=https://apnews.com/article/pope-ai-artificial-intelligence-cisco-microsoft-ibm-79b279570b2e7a2d945c452852a19657 |access-date=April 24, 2024 |department=Technology |publisher=The Associated Press |date=April 24, 2024}}
{{anchor|Kyndryl}}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.{{cite web |title=IBM To Accelerate Hybrid Cloud Growth Strategy And Execute Spin-Off Of Market-Leading Managed Infrastructure Services Unit |url=https://newsroom.ibm.com/2020-10-08-IBM-To-Accelerate-Hybrid-Cloud-Growth-Strategy-And-Execute-Spin-Off-Of-Market-Leading-Managed-Infrastructure-Services-Unit |date=Oct 8, 2020 |publisher=IBM Corporation |access-date=October 10, 2020 |archive-date=January 7, 2021 |archive-url=https://web.archive.org/web/20210107220744/https://newsroom.ibm.com/2020-10-08-IBM-To-Accelerate-Hybrid-Cloud-Growth-Strategy-And-Execute-Spin-Off-Of-Market-Leading-Managed-Infrastructure-Services-Unit |url-status=live }} The new company, Kyndryl, will have 90,000 employees, 4,600 clients in 115 countries, with a backlog of $60 billion.{{cite news |last1=Vengattil |first1=Munsif |title=IBM to break up 109-year old company to focus on cloud growth |url=https://www.reuters.com/article/ibm-divestiture/update-5-ibm-to-break-up-109-year-old-company-to-focus-on-cloud-growth-idUSL4N2GZ28Q |date=October 9, 2020 |work=Reuters |access-date=October 10, 2020 |archive-date=October 15, 2020 |archive-url=https://web.archive.org/web/20201015101518/https://www.reuters.com/article/ibm-divestiture/update-5-ibm-to-break-up-109-year-old-company-to-focus-on-cloud-growth-idUSL4N2GZ28Q |url-status=live }}{{cite web |last1=Goodwin |first1=Jazmin |title=IBM spins off a quarter of the company to focus on the cloud |url=https://www.cnn.com/2020/10/08/tech/ibm-hybrid-cloud/index.html |date=October 8, 2020 |publisher=CNN Business |access-date=October 10, 2020 |archive-date=November 26, 2020 |archive-url=https://web.archive.org/web/20201126022525/https://www.cnn.com/2020/10/08/tech/ibm-hybrid-cloud/index.html |url-status=live }}{{cite web |last1=Bursztynsky |first1=Jessica |title=IBM shares rise on plans to spin off its IT infrastructure unit and focus on the cloud business |url=https://www.cnbc.com/2020/10/08/ibm-shares-surge-on-plans-to-spin-off-unit-into-separate-publicly-traded-company-.html |date=October 8, 2020 |publisher=CNBC |access-date=October 10, 2020 |archive-date=November 11, 2020 |archive-url=https://web.archive.org/web/20201111073437/https://www.cnbc.com/2020/10/08/ibm-shares-surge-on-plans-to-spin-off-unit-into-separate-publicly-traded-company-.html |url-status=live }} IBM's spin off was greater than any of its previous divestitures, and welcomed by investors.{{cite news |first1=Asa |last1=Fitch |first2=Dave |last2=Sebastian |title=IBM to Spin Off Services Unit to Accelerate Cloud-Computing Pivot |url=https://www.wsj.com/articles/ibm-to-spin-off-managed-infrastructure-services-unit-into-a-public-company-11602156618 |url-access=subscription |date=October 8, 2020 |publisher=The Wall Street Journal |access-date=October 10, 2020 |archive-date=January 6, 2021 |archive-url=https://web.archive.org/web/20210106020856/https://www.wsj.com/articles/ibm-to-spin-off-managed-infrastructure-services-unit-into-a-public-company-11602156618 |url-status=live }}{{cite web |last1=Bendor-Samuel |first1=Peter |title=IBM Splits Into Two Companies |url=https://www.forbes.com/sites/peterbendorsamuel/2020/10/09/ibm-splits-into-two-companies/ |date=Oct 9, 2020 |work=Forbes |access-date=October 10, 2020 |archive-date=November 29, 2020 |archive-url=https://web.archive.org/web/20201129064511/https://www.forbes.com/sites/peterbendorsamuel/2020/10/09/ibm-splits-into-two-companies/#107aba5b56e6 |url-status=live }}{{cite web |last1=Moorhead |first1=Patrick |title=IBM Spinning Off Infrastructure Managed Services Group To Focus On Cloud Is A Good Move |url=https://www.forbes.com/sites/patrickmoorhead/2020/10/09/ibm-spinning-off-infrastructure-managed-services-group-to-focus-on-cloud-is-a-good-move/ |url-access=subscription |date=Oct 9, 2020 |work=Forbes |access-date=October 10, 2020 |archive-date=November 9, 2020 |archive-url=https://web.archive.org/web/20201109070537/https://www.forbes.com/sites/patrickmoorhead/2020/10/09/ibm-spinning-off-infrastructure-managed-services-group-to-focus-on-cloud-is-a-good-move/#22fa705f235a |url-status=live }} IBM appointed Martin Schroeter, who had been IBM's CFO from 2014 through the end of 2017, as CEO of Kyndryl.{{cite news |url=https://siliconangle.com/2021/01/07/ibm-names-martin-schroeter-ceo-19b-newco-services-spinoff/ |title=IBM names Martin Schroeter as CEO of $19B NewCo services spinoff |first=Maria |last=Deutscher |work=SiliconANGLE |date=January 7, 2021 |access-date=February 23, 2021 |archive-date=January 11, 2021 |archive-url=https://web.archive.org/web/20210111033317/https://siliconangle.com/2021/01/07/ibm-names-martin-schroeter-ceo-19b-newco-services-spinoff/ |url-status=live }}{{cite news |url=https://cio.economictimes.indiatimes.com/news/corporate-news/ibm-names-former-financial-chief-martin-schroeter-as-head-of-new-it-infrastructure-services-company/80164456 |title=IBM names former financial chief Martin Schroeter as head of new IT infrastructure services company |work=The Economic Times |agency=Reuters |date=January 8, 2021 |access-date=February 23, 2021 |archive-date=June 14, 2021 |archive-url=https://web.archive.org/web/20210614003803/https://cio.economictimes.indiatimes.com/news/corporate-news/ibm-names-former-financial-chief-martin-schroeter-as-head-of-new-it-infrastructure-services-company/80164456 |url-status=live }}
In 2021, IBM announced the acquisition of the enterprise software company Turbonomic for $1.5 billion.{{Cite news |date=April 30, 2021 |title=IBM to Acquire Software Provider Turbonomic for Over $1.5 Billion |url=https://gadgets.ndtv.com/apps/news/ibm-turbonomic-software-cloud-platform-usd-1-5-billion-business-enterprise-2425049 |url-status=live |archive-url=https://web.archive.org/web/20210501170347/https://gadgets.ndtv.com/apps/news/ibm-turbonomic-software-cloud-platform-usd-1-5-billion-business-enterprise-2425049 |archive-date=May 1, 2021 |access-date=May 1, 2021 |work=NDTV Gadgets 360 |language=en |agency=Reuters}} In January 2022, IBM announced it would sell Watson Health to private equity firm Francisco Partners.{{cite news |last=Condon |first=Stephanie |date=January 21, 2022 |title=IBM sells Watson Health assets to investment firm Francisco Partners |url=https://www.zdnet.com/article/ibm-sells-watson-health-assets-to-investment-firm-francisco-partners/ |url-status=live |archive-url=https://web.archive.org/web/20220121180824/https://www.zdnet.com/article/ibm-sells-watson-health-assets-to-investment-firm-francisco-partners/ |archive-date=January 21, 2022 |access-date=January 21, 2022 |work=ZDNet}}
On March 7, 2022, a few days after the start of the Russian invasion of Ukraine, 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.{{cite web
|author=Arvind Krishna
|language = en
|url = https://newsroom.ibm.com/Update-on-our-actions-War-in-Ukraine
|title =Update on Our Actions: War in Ukraine
|publisher = IBM
|date = March 7, 2022
|access-date = March 7, 2022}} On June 7, Krishna announced that IBM would carry out an "orderly wind-down" of its operations in Russia.{{cite news |title=IBM finally shutters Russian operations, lays off staff |url=https://www.theregister.com/2022/06/07/ibm_russia_closes/ |publisher=The Register |date=June 7, 2022}}
In late 2022, IBM started a collaboration with new Japanese manufacturer Rapidus,{{Cite web |date=2023-12-12 |title=IBM and Rapidus Form Strategic Partnership to Build Advanced Semiconductor Technology and Ecosystem in Japan |url=https://newsroom.ibm.com/2022-12-12-IBM-and-Rapidus-Form-Strategic-Partnership-to-Build-Advanced-Semiconductor-Technology-and-Ecosystem-in-Japan |website=IBM Newsroom |language=en-us}} which led GlobalFoundries to file a lawsuit against IBM the following year.{{Cite web |date=2023-04-20 |title=GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan's Rapidus |url=https://www.cnbc.com/2023/04/20/globalfoundries-sues-ibm-says-unlawfully-gave-rapidus-trade-secrets.html |website=CNBC |language=en}}
In 2023, IBM acquired Manta Software Inc. to complement its data and A.I. governance capabilities for an undisclosed amount.{{Cite web |last=McDowell |first=Steve |title=IBM Extends Watson.x Governance & Compliance with Manta Acquisition |url=https://www.forbes.com/sites/stevemcdowell/2023/10/24/ibm-extends-watsonx-governance--compliance-with-manta-acquisition/ |access-date=2023-10-24 |website=Forbes |language=en}} On November 16, 2023, IBM suspended ads on Twitter after ads were found next to pro-Nazi content.{{cite news|url=https://www.reuters.com/technology/ibm-suspends-ads-x-after-corporate-ads-appeared-next-pro-nazi-content-2023-11-16/|title=IBM suspends ads on X after corporate ads appeared next to pro-Nazi content|date=November 17, 2023 |work=Reuters |first1=Yuvraj |last1=Malik |first2=David |last2=Gaffen |editor-first1=Lisa |editor-last1=Shumaker |url-status=live |archive-url=https://web.archive.org/web/20231206115339/https://www.reuters.com/technology/ibm-suspends-ads-x-after-corporate-ads-appeared-next-pro-nazi-content-2023-11-16/ |archive-date= Dec 6, 2023 }}{{cite news|url=https://www.nytimes.com/2023/11/17/business/dealbook/x-musk-tiktok-antisemitism-social-media.html|title=Advertisers Push Back at Social Media Firms over Antisemitism|work=The New York Times|date=November 17, 2023 |last1=Sorkin |first1=Andrew Ross |last2=Mattu |first2=Ravi |last3=Warner |first3=Bernhard |last4=Kessler |first4=Sarah |last5=de la Merced |first5=Michael J. |last6=Hirsch |first6=Lauren |last7=Walt |first7=Vivienne |url-access=subscription |url-status=live |archive-url=https://web.archive.org/web/20240117031136/https://www.nytimes.com/2023/11/17/business/dealbook/x-musk-tiktok-antisemitism-social-media.html |archive-date= Jan 17, 2024 }}
In August 2023, IBM agreed to sell The Weather Company to Francisco Partners for an undisclosed sum.{{cite web|title=IBM selling The Weather Channel and the rest of its weather business|url=https://www.cnbc.com/2023/08/22/ibm-sells-the-weather-channel-and-the-rest-of-its-weather-business.html|website=CNBC|last=Field|first=Hayden|date=August 22, 2023|access-date=August 22, 2023}} The sale was finalized on February 1, 2024,{{cite press release|title=Francisco Partners Completes Acquisition of The Weather Company |url=https://www.franciscopartners.com/media/francisco-partners-completes-acquisition-of-the-weather-company |access-date=24 February 2024 |publisher=Francisco Partners |date=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.{{Cite web |title=FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2024, INTERNATIONAL BUSINESS MACHINES CORPORATION |url=https://www.sec.gov/Archives/edgar/data/51143/000005114324000039/ibm-20240630.htm |access-date=2025-01-20 |website=www.sec.gov}}
In December 2023, IBM announced it would acquire Software AG's StreamSets and webMethods platforms for €2.13 billion ($2.33 billion).{{Cite web |date=2023-12-18 |title=IBM to buy Software AG's enterprise integration platforms for $2.3 billion |url=https://finance.yahoo.com/news/ibm-buy-software-ags-enterprise-073610897.html |agency=Reuters |first1=Shivani |last1=Tanna |first2=Emma-Victoria |last2=Farr |editor-first1=Rashmi |editor-last1=Aich |editor-first2=Ed |editor-last2=Osmond |access-date=2023-12-18 |website=Yahoo Finance |language=en-US}}
Corporate affairs
= Business trends =
IBM's market capitalization was valued at over $153 billion as of May 2024.{{Cite web |title=IBM Market Cap 2010–2023 {{!}} IBM |url=https://www.macrotrends.net/stocks/charts/IBM/ibm/market-cap |access-date=May 15, 2024 |website=Macrotrends |url-status=live |archive-url=https://web.archive.org/web/20240515200428/https://www.macrotrends.net/stocks/charts/IBM/ibm/market-cap |archive-date= May 15, 2024 }} Despite its relative decline within the technology sector,{{cite web |last=Schofield |first=Jack |author-link=Jack Schofield (journalist) |date=January 21, 2018 |title=IBM shows growth after 22 straight quarters of declining revenues, but has it turned the corner? |url=https://www.zdnet.com/article/ibm-shows-growth-after-22-straight-quarters-of-declining-revenues-but-has-it-turned-the-corner/ |archive-url=https://web.archive.org/web/20230310020412/https://www.zdnet.com/article/ibm-shows-growth-after-22-straight-quarters-of-declining-revenues-but-has-it-turned-the-corner/ |archive-date=March 10, 2023 |work=ZDNET |publisher=Ziff-Davis}} IBM remains the seventh largest technology company by revenue, and 67th 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.{{Cite web |title=Fortune 500 |url=https://fortune.com/fortune500/2020/ |url-status=live |archive-url=https://web.archive.org/web/20201231221341/https://fortune.com/fortune500/ |archive-date=December 31, 2020 |access-date=April 29, 2021 |website=Fortune |language=en}} In 2014, IBM was accused of using "financial engineering" to hit its quarterly earnings targets rather than investing for the longer term.{{Cite news |last=Sorkin |first=Andrew Ross |date=October 20, 2014 |title=The Truth About IBM's Buybacks |url=https://dealbook.nytimes.com/2014/10/20/the-truth-hidden-by-ibms-buybacks/ |url-status=live |archive-url=https://web.archive.org/web/20210410173205/https://dealbook.nytimes.com/2014/10/20/the-truth-hidden-by-ibms-buybacks |archive-date=April 10, 2021 |access-date=April 29, 2021 |work=DealBook}}{{Cite news |last=Saft |first=James |date=October 21, 2014 |title=IBM and the financial engineering economy: James Saft |url=https://www.reuters.com/article/us-markets-saft-idUSKCN0IA1II20141021 |url-status=live |archive-url=https://web.archive.org/web/20210429180850/https://www.reuters.com/article/us-markets-saft-idUSKCN0IA1II20141021 |archive-date=April 29, 2021 |access-date=April 29, 2021 |work=Reuters |language=en}}{{Cite news |date=October 8, 2020 |title=Boring IBM Just Got a Lot More Interesting |url=https://www.bloomberg.com/opinion/articles/2020-10-08/bm-spinoff-and-focus-on-cloud-and-red-hat-is-smart |url-status=live |archive-url=https://web.archive.org/web/20210429180850/https://www.bloomberg.com/opinion/articles/2020-10-08/bm-spinoff-and-focus-on-cloud-and-red-hat-is-smart |archive-date=April 29, 2021 |access-date=April 29, 2021 |work=Bloomberg.com |language=en}}
The key trends of IBM are (as at the financial year ending December 31):{{Cite web |title=IBM Fundamentalanalyse {{!}} KGV {{!}} Kennzahlen |url=https://www.boerse.de/fundamental-analyse/IBM-Aktie/US4592001014 |access-date=2024-04-09 |website=boerse.de |language=de}}{{Cite web |title=IBM 2008-2016 |url=https://www.boerse.de/fundamental-analyse/IBM-Aktie/US4592001014 |url-status=dead |archive-url=https://web.archive.org/web/20170903204737/https://www.boerse.de/fundamental-analyse/IBM-Aktie/US4592001014 |archive-date=3 September 2017 |access-date=2024-04-09 |website=boerse.de |language=de}}
class="wikitable " style="text-align: center"
!Year !Revenue !Net income !Employees |
2014
|92.7 |12.0 |379,592 |
2015
|81.7 |13.1 |377,757 |
2016
|79.9 |11.8 |380,300 |
2017
|79.1 |5.7 |366,600 |
2018
|79.5 |8.7 |350,600 |
2019
|77.1 |9.4 |352,600 |
2020
|73.6 |5.5 |345,900 |
2021{{efn|IBM's financial statements from the 2021 annual report have adjusted revenue, income numbers, employee count for the previous years to account for discontinued operations related to the separation of Kyndryl.}}
|57.3 |5.7 |282,100 |
2022
|60.5 |1.6 |288,300 |
2023
|61.8 |7.5 |282,200 |
= Headquarters and offices =
{{see also|List of IBM facilities}}
File:IBM Beijing, Pangu Plaza.jpg
IBM is headquartered in Armonk, New York, a community {{convert|37|mi}} north of Midtown Manhattan.{{cite web|url=https://www.ibm.com/contact/us/en/|title=Contact Us|publisher=IBM|access-date=October 20, 2009|archive-date=December 30, 2020|archive-url=https://web.archive.org/web/20201230043253/https://www.ibm.com/contact/us/en/|url-status=live}} A nickname for the company is the "Colossus of Armonk".{{cite news | url=https://www.nytimes.com/1982/01/09/business/dominance-ended-ibm-fights-back.html | title=Dominance Ended, I.B.M. Fights Back | work=The New York Times | date=January 9, 1982 | access-date=January 2, 2015 | author=Salmans, Sandra | archive-date=August 27, 2020 | archive-url=https://web.archive.org/web/20200827213057/https://www.nytimes.com/1982/01/09/business/dominance-ended-ibm-fights-back.html | url-status=live }} Its principal building, referred to as CHQ, is a {{convert|283000|sqft|m2|adj=on}} glass and stone edifice on a {{convert|25|acre|adj=on}} parcel amid a 432-acre former apple orchard the company purchased in the mid-1950s.{{cite web|url=https://partners.nytimes.com/library/cyber/week/091797ibm.html|title=IBM's New Headquarters Reflects A Change in Corporate Style|first=Laurence|last=Zuckerman|date=September 17, 1997|website=The New York Times|access-date=August 22, 2016|archive-url=https://web.archive.org/web/20160305201259/https://partners.nytimes.com/library/cyber/week/091797ibm.html|archive-date=March 5, 2016|url-status=live}} 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{{cite web|url=https://www.ibm.com/blogs/think/2018/10/lvg-learning-center/|title=On the Dedication of the Louis V. Gerstner, Jr., Center for Learning – THINK Blog|date=October 2, 2018|publisher=IBM|access-date=October 2, 2018|archive-date=August 31, 2020|archive-url=https://web.archive.org/web/20200831213458/https://www.ibm.com/blogs/think/2018/10/lvg-learning-center/|url-status=live}} (formerly known as IBM Learning Center (ILC)), a resort hotel and training center, which has 182 guest rooms, 31 meeting rooms, and various amenities.{{cite web|title=Property Overview|url=https://www.ibmlearningcenter.com/property-overview/property-overview.asp|publisher=Dolce Hotels and Resorts|access-date=August 12, 2016|archive-url=https://web.archive.org/web/20160917145017/https://www.ibmlearningcenter.com/property-overview/property-overview.asp|archive-date=September 17, 2016}}
IBM operates in 174 countries {{as of|2016|lc=y}}, 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 (Raleigh-Durham), North Carolina; Rochester, Minnesota; and 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,{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=5663141|title=Company Overview of IBM China Company Limited|website=Bloomberg|access-date=September 19, 2018|archive-date=June 26, 2020|archive-url=https://web.archive.org/web/20200626145229/https://www.bloomberg.com/profile/company/0347735D:CH|url-status=live}} the city's seventh tallest building and overlooking Beijing National Stadium ("Bird's Nest"), home to the 2008 Summer Olympics.
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{{cite web|url=https://www.ibm.com/blogs/internet-of-things/munich-hive-innovation/|title=Watson IoT Headquarters|date=May 17, 2017|publisher=IBM|access-date=October 6, 2018|archive-date=October 12, 2020|archive-url=https://web.archive.org/web/20201012033836/https://www.ibm.com/blogs/internet-of-things/munich-hive-innovation/|url-status=live}} (Munich, Germany). Defunct IBM campuses include the IBM Somers Office Complex (Somers, New York), 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.{{cite news|title=In the IBM Honoring the Corporation's Buildings|first=Benjamin|last=Forgey|date=March 24, 1990|newspaper=The Washington Post}}
Products
{{see also|List of IBM products}}
File:Mira - Blue Gene Q at Argonne National Laboratory - Skin.jpg was awarded the National Medal of Technology and Innovation in 2009.]]
IBM has a large and diverse portfolio of products and services. {{as of|2016}}, these offerings fall into the categories of cloud computing, artificial intelligence, commerce, data and analytics, Internet of things (IoT),{{cite news|url=https://www.pcmag.com/article2/0,2817,2479438,00.asp|title=IBM Investing $3B in Internet of Things|work=PCMAG|access-date=May 28, 2015|archive-date=August 9, 2020|archive-url=https://web.archive.org/web/20200809034048/https://www.pcmag.com/news/ibm-investing-3b-in-internet-of-things|url-status=live}} IT infrastructure, mobile, digital workplace{{cite web |title=Digital workplace services |url=https://www.ibm.com/in-en/services/digital-workplace |website=IBM |access-date=March 27, 2020 |language=en-in |archive-date=December 19, 2020 |archive-url=https://web.archive.org/web/20201219085750/https://www.ibm.com/in-en/services/digital-workplace |url-status=live }} and cybersecurity.{{cite web|title=IBM Products|url=https://www.ibm.com/products/en-us/?lnk=hmpr|publisher=IBM|access-date=August 13, 2016|archive-date=June 13, 2017|archive-url=https://web.archive.org/web/20170613073817/https://www.ibm.com/products/en-us/?lnk=hmpr|url-status=live}}
= Hardware =
== Mainframe computers ==
Since 1954, IBM sells mainframe computers, the latest being the IBM z series. The most recent model, the IBM z16, was released in 2022.
== Microprocessors ==
In 1990, IBM released the Power microprocessors, which were designed into many console gaming systems, including Xbox 360,{{cite web|url=https://www.ibm.com/chips/news/2005/1025_xbox.html|title=IBM delivers Power-based chip for Microsoft Xbox 360 worldwide launch|publisher=IBM|date=October 25, 2005|access-date=March 22, 2007|archive-date=December 17, 2006|archive-url=https://archive.today/20061217220450/http://www.ibm.com/chips/news/2005/1025_xbox.html|url-status=live}} PlayStation 3, and Nintendo's Wii U.{{cite web|author=Staff Writer|url=https://mybroadband.co.za/news/gaming/26011-ibm-microprocessors-drive-the-new-nintendo-wii-u-console.html|title=IBM microprocessors drive the new Nintendo WiiU console|publisher=mybroadband.co.za|date=June 8, 2011|access-date=June 17, 2011|archive-date=September 26, 2020|archive-url=https://web.archive.org/web/20200926031755/https://mybroadband.co.za/news/gaming/26011-ibm-microprocessors-drive-the-new-nintendo-wii-u-console.html|url-status=live}}{{cite news|last=Leung|first=Isaac|url=https://www.electronicsnews.com.au/news/ibms-45nm-soi-microprocessors-at-core-of-nintendo|title=IBM's 45nm SOI microprocessors at core of Nintendo Wii U|work=Electronics News|date=June 8, 2011|access-date=June 17, 2011|archive-url=https://web.archive.org/web/20110714122624/https://www.electronicsnews.com.au/news/ibms-45nm-soi-microprocessors-at-core-of-nintendo|archive-date=July 14, 2011}} IBM Secure Blue is encryption hardware that can be built into microprocessors,{{cite web|url=https://asmarterplanet.com/blog/2008/11/building-a-smarter-planet.html|title=Building a smarter planet|publisher=Asmarterplanet.com|access-date=May 23, 2010|archive-date=October 15, 2018|archive-url=https://web.archive.org/web/20181015162756/https://www.ibm.com/us-en/|url-status=live}} 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.{{cite news|title=New research initiative sees IBM commit $3 bn|url=https://www.sanfrancisconews.net/index.php/sid/223650653/scat/3a8a80d6f705f8cc/ht/New-research-initiative-sees-IBM-commit-3-bn|access-date=July 10, 2014|publisher=San Francisco News.Net|archive-url=https://web.archive.org/web/20140714183807/https://www.sanfrancisconews.net/index.php/sid/223650653/scat/3a8a80d6f705f8cc/ht/New-research-initiative-sees-IBM-commit-3-bn|archive-date=July 14, 2014}} In 2016, the company launched all-flash arrays designed for small and midsized companies, which includes software for data compression, provisioning, and snapshots across various systems.{{cite news|url=https://www.zdnet.com/article/ibm-launches-flash-arrays-for-smaller-enterprises-aims-to-court-emc-dell-customers/|title=IBM launches flash arrays for smaller enterprises, aims to court EMC, Dell customers|first=Larry|last=Dignan|work=ZDNet|date=August 23, 2016|access-date=August 23, 2016|archive-date=October 21, 2020|archive-url=https://web.archive.org/web/20201021054406/https://www.zdnet.com/article/ibm-launches-flash-arrays-for-smaller-enterprises-aims-to-court-emc-dell-customers/|url-status=live}}
== Quantum computing ==
File:IBM Q system (Fraunhofer 2).jpg (2019), the first circuit-based commercial quantum computer]]
In January 2019, IBM introduced its first commercial quantum computer: IBM Q System One.{{cite news|title=IBM Unveils Q System One Quantum Computer|url=https://www.extremetech.com/extreme/283427-quantum-computing-goes-commercial-with-ibms-q-system-one|work=ExtremeTech|date=January 10, 2019|access-date=February 25, 2019|archive-date=December 24, 2020|archive-url=https://web.archive.org/web/20201224042014/https://www.extremetech.com/extreme/283427-quantum-computing-goes-commercial-with-ibms-q-system-one|url-status=live}}
In March 2020, it was announced that IBM will build Europe's first quantum computer in Ehningen, Germany. The center, operated by the Fraunhofer Society, was opened in 2024.{{cite news |url=https://www.ft.com/content/83bfbfd3-0cd6-4f3a-9d98-4996f9295984 |title=IBM to build Europe's first quantum computer in Germany |work=Financial Times |date=March 13, 2020 |access-date=July 20, 2021 |url-access=subscription |last1=Miller |first1=Joe |archive-date=November 19, 2020 |archive-url=https://web.archive.org/web/20201119003053/https://www.ft.com/content/83bfbfd3-0cd6-4f3a-9d98-4996f9295984 |url-status=live }}{{Cite web |title=IBM to build its first European quantum data center |url=https://optics.org/news/14/6/16 |access-date=2024-08-31 |website=optics.org}}{{Cite web |title=First IBM Quantum Data Center in Europe Opens; Will Include IBM's Most Performant Quantum Systems |url=https://newsroom.ibm.com/2024-10-01-first-ibm-quantum-data-center-in-europe-opens-will-include-ibms-most-performant-quantum-systems |access-date=2025-02-27 |website=IBM Newsroom |language=en-us}}
= Software =
Since 2009, IBM owns SPSS, a software package used for statistical analysis in the social sciences.{{Cite web |title=IBM to pay US$1.2 billion for SPSS |url=https://www.zdnet.com/article/ibm-to-pay-us1-2-billion-for-spss/ |access-date=2024-08-31 |website=ZDNET |language=en}} IBM also owned The Weather Company, which provides weather forecasting and includes weather.com and Weather Underground,{{Cite news|url=https://www.nytimes.com/2015/10/29/technology/ibm-to-acquire-the-weather-company.html|title=IBM to Acquire the Weather Company|newspaper=The New York Times |date=October 28, 2015 |access-date=September 19, 2018|language=en|archive-date=December 14, 2020|archive-url=https://web.archive.org/web/20201214191035/https://www.nytimes.com/2015/10/29/technology/ibm-to-acquire-the-weather-company.html|url-status=live|last1=Hardy |first1=Quentin }} 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 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.{{cite web |date=May 17, 2011 |title=Data Center Knowledge – SoftLayer: $78 Million in First Quarter Revenue |url=https://www.datacenterknowledge.com/archives/2011/05/17/softlayer-78-million-in-first-quarter-revenue/ |url-status=live |archive-url=https://web.archive.org/web/20201025032153/https://www.datacenterknowledge.com/archives/2011/05/17/softlayer-78-million-in-first-quarter-revenue/ |archive-date=October 25, 2020 |access-date=August 14, 2016}} IBM also provides Cloud Data Encryption Services (ICDES), using cryptographic splitting to secure customer data.{{cite web |date=October 21, 2015 |title=Cloud computing news: Security |url=https://www.ibm.com/blogs/cloud-computing/2015/10/a-billion-reasons-you-want-to-encrypt-your-data/?S_TACT=C34409NW&S_TACT=C34409NW&S_TACT=C34409NW&S_TACT=C34409NW |url-status=live |archive-url=https://web.archive.org/web/20171229112148/https://www.ibm.com/blogs/cloud-computing/2015/10/a-billion-reasons-you-want-to-encrypt-your-data/?S_TACT=C34409NW&S_TACT=C34409NW&S_TACT=C34409NW&S_TACT=C34409NW |archive-date=December 29, 2017 |access-date=September 23, 2016 |publisher=ibm.com}}
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.{{cite journal |date=May 13, 2022 |title=IBM steps up its cloud partnership strategy with AWS deal |url=https://www.techtarget.com/searchcloudcomputing/news/252518198/IBM-steps-up-its-cloud-partnership-strategy-with-AWS-deal |journal=Tech Target |access-date=May 18, 2022}}
= 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.{{cite web|title=What is Watson?|url=https://www.ibm.com/watson/what-is-watson.html|publisher=IBM|access-date=August 13, 2016|archive-date=October 30, 2016|archive-url=https://web.archive.org/web/20161030080103/https://www.ibm.com/watson/what-is-watson.html|url-status=live}} Watson was debuted in 2011 on the American game show Jeopardy!, 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.{{cite web|title=Watson Oncology|url=https://www.mskcc.org/about/innovative-collaborations/watson-oncology|publisher=Memorial Sloan Kettering Cancer Center|access-date=August 13, 2016|archive-url=https://web.archive.org/web/20161013210541/https://www.mskcc.org/about/innovative-collaborations/watson-oncology|archive-date=October 13, 2016}} Several companies use Watson for call centers, either replacing or assisting customer service agents.{{cite web|last1=Upbin|first1=Bruce|title=IBM's Watson Now A Customer Service Agent, Coming To Smartphones Soon|url=https://www.forbes.com/sites/bruceupbin/2013/05/21/ibms-watson-now-a-customer-service-agent-coming-to-smartphones-soon/|work=Forbes|access-date=August 13, 2016|archive-date=November 12, 2020|archive-url=https://web.archive.org/web/20201112041848/https://www.forbes.com/sites/bruceupbin/2013/05/21/ibms-watson-now-a-customer-service-agent-coming-to-smartphones-soon/|url-status=live}}
IBM also provides infrastructure for the New York City Police Department through their IBM Cognos Analytics to perform data visualizations of CompStat crime data.{{cite web|url=https://public.dhe.ibm.com/software/solutions/pdfs/ODB-0144-01F.pdf|title=NYPD changes the crime control equation by transforming the way it uses information|publisher=IBM Corporation|location=Road Armonk, NY|access-date=June 8, 2019|archive-date=January 8, 2021|archive-url=https://web.archive.org/web/20210108221903/ftp://ftp.software.ibm.com/software/solutions/pdfs/ODB-0144-01F.pdf|url-status=live}}
In June 2020, IBM announced that it was exiting the facial recognition business. In a letter to congress,{{cite web |title=IBM Policy |website=IBM |url=https://www.ibm.com/policy/facial-recognition-sunset-racial-justice-reforms/}} 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."{{cite news |title=IBM exits facial recognition business, calls for police reform |url=https://www.reuters.com/article/us-ibm-facial-recognition-idUSKBN23G01T |work=Reuters |date=9 June 2020 |language=en}}
In May 2023, IBM revealed Watsonx, a Generative AI toolkit that is powered by IBM's own Granite models with option to use other publicly available LLMs. Watsonx has multiple services for training and fine tuning models based on confidential data.{{Cite web|url=https://techcrunch.com/2023/09/07/ibm-rolls-out-new-generative-ai-features-and-models/|title=IBM rolls out new generative AI features and models|first=Kyle|last=Wiggers|date=September 7, 2023|publisher=TechCrunch}} A year later, IBM open-sourced Granite code models and put them on Hugging Face for public use.{{Cite news |last=Nine |first=Adrianna |date=May 7, 2024 |title=IBM Makes Granite AI Models Open-Source Under New InstructLab Platform |url=https://www.extremetech.com/computing/ibm-makes-granite-ai-models-open-source-under-new-instructlab-platform |work=ExtremeTech}} In October 2024, IBM introduced Granite 3.0, an open-source large language model designed for enterprise AI applications.{{Cite web |title=IBM doubles down on open source AI with new Granite 3.0 models |url=https://www.zdnet.com/article/ibm-doubles-down-on-open-source-ai-with-new-granite-3-0-models/ |access-date=2024-11-10 |website=ZDNET |language=en}}
= Consulting =
{{Main|IBM Consulting}}
With 160,000 consultants globally as of 2024, it is one of the ten largest consulting companies in the world with capabilities spanning strategy and management consulting, experience design, technology and systems integration, and operations.{{Cite web |date=2017-09-25 |title=The 10 largest consulting firms in the world |url=https://www.consultancy.uk/news/14018/the-10-largest-consulting-firms-in-the-world |access-date=2024-08-31 |website=www.consultancy.uk |language=en}} IBM's consulting business was valued at $20 billion, as of 2024.{{Cite news |last=Mickle |first=Tripp |date=2024-06-26 |title=The A.I. Boom Has an Unlikely Early Winner: Wonky Consultants |url=https://www.nytimes.com/2024/06/26/technology/ai-consultants.html |access-date=2024-08-31 |work=The New York Times |language=en-US |issn=0362-4331}}
Research
File:IBM Yorktown Heights.jpg in Yorktown Heights, New York, is one of 12 IBM research labs worldwide.]]
File:Benoit Mandelbrot, TED 2010.jpg Benoit Mandelbrot discusses fractal geometry, 2010.]]
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.{{cite web|url=https://www.research.ibm.com/labs/|title=IBM Research: Global labs|access-date=May 28, 2015|archive-date=December 16, 2020|archive-url=https://web.archive.org/web/20201216184046/https://research.ibm.com/labs/|url-status=live}} IBM Research is headquartered at the Thomas J. Watson Research Center in New York, and facilities include the Almaden lab in California, Austin lab in Texas, Australia lab in Melbourne, Brazil lab in São Paulo and Rio de Janeiro, China lab in Beijing and Shanghai, Ireland lab in Dublin, Haifa lab in Israel, India lab in Delhi and Bangalore, Tokyo lab, 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.{{cite web|title=IBM's expenditure on research and development from 2005 to 2015 (in billion U.S. dollars)|url=https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/|publisher=Statista|access-date=August 12, 2016|archive-date=November 11, 2020|archive-url=https://web.archive.org/web/20201111221153/https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/|url-status=live}} Recent allocations have included $1 billion to create a business unit for 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.{{cite web|last=Bort|first=Julie|title=Ginni Rometty just set a big goal for IBM: spending $4 billion to bring in $40 billion|url=https://www.businessinsider.com/ibm-ceo-sets-big-40-billion-goal-2015-2|publisher=Business Insider|access-date=August 12, 2016|archive-date=August 9, 2020|archive-url=https://web.archive.org/web/20200809003358/https://www.businessinsider.com/ibm-ceo-sets-big-40-billion-goal-2015-2|url-status=live}}
IBM has been a leading proponent of the Open Source Initiative, and began supporting Linux in 1998.{{cite web|url=https://www.ibm.com/news/1999/03/02.phtml|title=IBM launches biggest Linux lineup ever|date=March 2, 1999|publisher=IBM|archive-url=https://web.archive.org/web/19991110114228/https://www.ibm.com/news/1999/03/02.phtml|archive-date=November 10, 1999}} 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.{{cite web|title=IBM invests in Brazil Linux Tech Center|url=https://lwn.net/Articles/185602/|date=May 24, 2006|publisher=LWN.net|first=Farrah|last=Hamid|access-date=July 21, 2016|archive-date=January 8, 2021|archive-url=https://web.archive.org/web/20210108225316/https://lwn.net/Articles/185602/|url-status=live}} IBM has also released code under different open-source licenses, such as the platform-independent software framework Eclipse (worth approximately $40 million at the time of the donation),{{cite web|url=https://www.ibm.com/developerworks/linux/library/l-erick.html|title=Interview: The Eclipse code donation|date=November 1, 2001|publisher=IBM|archive-url=https://web.archive.org/web/20091218093727/https://www.ibm.com/developerworks/linux/library/l-erick.html|archive-date=December 18, 2009}} the three-sentence International Components for Unicode (ICU) license, and the 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 (ATM), Dynamic Random Access Memory (DRAM), the electronic keypunch, the financial swap, the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, RISC, the SABRE airline reservation system, SQL, the Universal Product Code (UPC) bar code, and the virtual machine. Additionally, in 1990 company scientists used a scanning tunneling microscope to arrange 35 individual xenon atoms to spell out the company acronym, marking the first structure assembled one atom at a time.{{cite web|url=https://www-03.ibm.com/ibm/history/exhibits/vintage/vintage_4506VV1003.html|title=IBM Archives: "IBM" atoms|date=January 23, 2003|publisher=IBM|access-date=July 22, 2012|archive-date=November 11, 2020|archive-url=https://web.archive.org/web/20201111200350/https://www.ibm.com/ibm/history/exhibits/vintage/vintage_4506VV1003.html|url-status=dead}} 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 U.S. patents generated by a business for 29 consecutive years.{{cite web |last=Bajpai |first=Prableen |date=January 29, 2021 |title=Top Patent Holders of 2020 |url=https://www.nasdaq.com/articles/top-patent-holders-of-2020-2021-01-29 |url-status=live |archive-url=https://web.archive.org/web/20210130165223/https://www.nasdaq.com/articles/top-patent-holders-of-2020-2021-01-29 |archive-date=January 30, 2021 |access-date=February 2, 2021 |website=nasdaq.com |publisher=Nasdaq}}{{cite web |date=January 5, 2022 |title=2021 Top 50 US Patent Assignees |url=https://www.ificlaims.com/rankings-top-50-2021.htm |access-date=August 22, 2022 |publisher=IFI CLAIMS Patent Services}}{{cite web |last1=Gil |first1=Darío |title=Why IBM is no longer interested in breaking patent records–and how it plans to measure innovation in the age of open source and quantum computing |url=https://fortune.com/2023/01/06/ibm-patent-record-how-to-measure-innovation-open-source-quantum-computing-tech/ |website=Fortune |access-date=February 3, 2023 |archive-url=https://web.archive.org/web/20230127155828/https://fortune.com/2023/01/06/ibm-patent-record-how-to-measure-innovation-open-source-quantum-computing-tech/ |archive-date=January 27, 2023 |language=en |date=January 6, 2023 |url-status=live}}
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.{{Cite web |title=IBM Tops U.S. Patent List for 28th Consecutive Year with Innovations in Artificial Intelligence, Hybrid Cloud, Quantum Computing and Cyber-Security |url=https://newsroom.ibm.com/2021-01-12-IBM-Tops-U-S-Patent-List-for-28th-Consecutive-Year-with-Innovations-in-Artificial-Intelligence-Hybrid-Cloud-Quantum-Computing-and-Cyber-Security |access-date=2023-07-14 |website=IBM Newsroom |language=en-us}} IBM has also been criticized as being a patent troll.{{Cite web |title=IBM Is the World's Biggest Patent Troll |url=https://www.pcmag.com/opinions/ibm-is-the-worlds-biggest-patent-troll |access-date=2024-09-17 |website=PCMAG |date=May 4, 2016 |language=en}}{{Cite web |last=Mullin |first=Joe |date=2019-01-31 |title=Stupid Patent of the Month: IBM's Software Patent on Texting and Driving |url=https://www.eff.org/deeplinks/2019/01/stupid-patent-month-ibms-software-patent-texting-and-driving |access-date=2024-09-17 |website=Electronic Frontier Foundation |language=en}}{{Cite web |last=Schestowitz |first=Roy |title=IBM is Acting No Better Than Patent Trolls, Preying on Smaller Companies by Suing Them With Software Patents |url=https://techrights.org/n/2024/09/17/IBM_is_Acting_No_Better_Than_Patent_Trolls_Preying_on_Smaller_C.shtml |access-date=2024-09-17 |website=techrights.org}}
Brand and reputation
File:IBM ads at JFK.jpg, 2013]]
IBM is nicknamed Big Blue partly because of its blue logo and color scheme,{{cite book|url=https://books.google.com/books?id=Da1bPYRyltMC&q=big+blue+ibm&pg=PA228|title=Postphenomenology: A Critical Companion to Ihde|page=228|isbn=0-7914-6787-2|year=2006|publisher=State University of New York Press|editor-first=Evan|editor-last=Selinger|access-date=October 22, 2020|archive-date=January 9, 2021|archive-url=https://web.archive.org/web/20210109003145/https://books.google.com/books?id=Da1bPYRyltMC&q=big+blue+ibm&pg=PA228|url-status=live}}{{cite book|url=https://books.google.com/books?id=5zAW7RntiD8C&q=big+blue+ibm&pg=PA15|title=Logos, Letterheads & Business Cards: Design for Profit|page=15|isbn=2-88046-750-0|year=2004|publisher=Rotovision|first1=Conway Lloyd|last1=Morgan|first2=Chris|last2=Foges}}{{Dead link|date=August 2023 |bot=InternetArchiveBot |fix-attempted=yes }} and also in reference to its former de facto dress code of white shirts with blue suits.{{cite book|page=[https://archive.org/details/essentialguideto00walt/page/55 55]|title=The Essential Guide to Computing: The Story of Information Technology|url=https://archive.org/details/essentialguideto00walt|url-access=registration|quote=big blue ibm.|publisher=Publisher: Prentice Hall PTR|isbn=0-13-019469-7|first=E. Garrison|last=Walters|year=2001}} The company logo has undergone several changes over the years, with its current "8-bar" logo designed in 1972 by graphic designer Paul Rand.{{cite web|url=https://www-03.ibm.com/ibm/history/exhibits/logo/logo_8.html|title=IBM Archives|date=January 23, 2003|publisher=IBM|access-date=November 24, 2009|archive-date=January 5, 2021|archive-url=https://web.archive.org/web/20210105150252/https://www.ibm.com/ibm/history/exhibits/logo/logo_8.html|url-status=dead}} 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 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).{{cite web|last1=Clayton|first1=Ward|title=IBM and Masters Celebrate 20 Years|url=https://www.masters.com/en_US/news/articles/2016-04-02/ibm_and_masterscom_celebrate_20_years.html|publisher=Masters|access-date=August 12, 2016|archive-date=August 8, 2020|archive-url=https://web.archive.org/web/20200808143748/https://www.masters.com/en_US/news/articles/2016-04-02/ibm_and_masterscom_celebrate_20_years.html|url-status=live}} As a result, IBM CEO Ginni Rometty became the third female member of the Master's governing body, the Augusta National Golf Club.{{cite web|last=Weinman|first=Sam|title=IBM CEO Ginni Rometty is Augusta National's third female member|url=https://www.golfdigest.com/story/ibm-ceo-ginni-rometty-is-augus|publisher=Golf Digest|access-date=August 12, 2016|archive-date=January 9, 2021|archive-url=https://web.archive.org/web/20210109005244/https://www.golfdigest.com/story/ibm-ceo-ginni-rometty-is-augus|url-status=live}} IBM is also a major sponsor in professional tennis, with engagements at the U.S. Open, Wimbledon, the Australian Open, and the French Open.{{cite web|last1=Snyder|first1=Benjamin|title=Why IBM dominates the U.S. Open|url=https://fortune.com/2015/09/01/ibm-us-open-tennis-tech/|work=Forbes|access-date=August 12, 2016|archive-date=October 25, 2020|archive-url=https://web.archive.org/web/20201025093405/https://fortune.com/2015/09/01/ibm-us-open-tennis-tech/|url-status=live}} The company also sponsored the Olympic Games from 1960 to 2000,{{cite web|last=DiCarlo|first=Lisa|title=IBM, Olympics Part Ways After 40 Years|url=https://www.forbes.com/2000/08/23/feat.html|work=Forbes|access-date=August 12, 2016|archive-date=November 13, 2020|archive-url=https://web.archive.org/web/20201113182036/https://www.forbes.com/2000/08/23/feat.html|url-status=live}} and the National Football League from 2003 to 2012.{{cite news|last=Jinks|first=Beth|title=IBM Ends Its NFL Sponsorship Over Difference in Views|newspaper=Bloomberg.com|date=June 5, 2012|url=https://www.bloomberg.com/news/articles/2012-06-05/ibm-ends-its-nfl-sponsorship-over-difference-in-views|publisher=Bloomberg L.P.|access-date=August 12, 2016|archive-date=August 28, 2020|archive-url=https://web.archive.org/web/20200828050103/https://www.bloomberg.com/news/articles/2012-06-05/ibm-ends-its-nfl-sponsorship-over-difference-in-views|url-status=live}} In Japan, IBM employees also have an American football team complete with pro stadium, cheerleaders and televised games, competing in the Japanese X-League as the "Big Blue".{{cite web |last1=Bort |first1=Julie |title=In Japan, IBM employees have formed a football team complete with pro stadium, cheerleaders and televised games |url=https://www.businessinsider.com/ibm-employees-form-football-team-2015-5 |url-status=live |archive-url=https://web.archive.org/web/20210109185713/https://www.businessinsider.com/ibm-employees-form-football-team-2015-5 |archive-date=January 9, 2021 |access-date=August 12, 2016 |publisher=Business Insider}}
= 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.{{cite news |title=Village of Endicott Environmental Investigations |url=https://www.dec.ny.gov/chemical/47783.html |url-status=live |archive-url=https://web.archive.org/web/20201025230912/https://www.dec.ny.gov/chemical/47783.html |archive-date=October 25, 2020 |access-date=January 28, 2015}}{{cite news |last=Chittum |first=Samme |date=March 15, 2004 |title=In an I.B.M. Village, Pollution Fears Taint Relations With Neighbors |url=https://query.nytimes.com/gst/fullpage.html?res=9C00E4DF1631F936A25750C0A9629C8B63 |url-status=live |archive-url=https://web.archive.org/web/20200808110211/https://www.nytimes.com/2004/03/15/nyregion/in-an-ibm-village-pollution-fears-taint-relations-with-neighbors.html |archive-date=August 8, 2020 |access-date=May 1, 2008 |publisher=New York Times Online}} IBM reported its total CO2e emissions (direct and indirect) for the twelve months ending December 31, 2020 at 621 kilotons (-324 /-34.3% year-on-year).{{Cite web |title=IBM's ESG Datasheet for 2020Q4 |website=IBM |date=June 30, 2021 |archive-url=https://web.archive.org/web/20211110143340/https://www.ibm.com/ibm/environment/climate/ghg.shtml |url=https://www.ibm.com/ibm/environment/climate/ghg.shtml |archive-date=November 10, 2021 }} [https://analytics.exerica.com/App/Name/IBM/Total%20CO2e%20Emissions%20-%20Market-Based%20Scope%201%20%2b%20Scope%202/2020Q4/12 Alt URL] {{Webarchive|url=https://web.archive.org/web/20211110143343/https://analytics.exerica.com/App/Name/IBM/Total%20CO2e%20Emissions%20-%20Market-Based%20Scope%201%20+%20Scope%202/2020Q4/12 |date=November 10, 2021 }} In February 2021, IBM committed to achieve net zero greenhouse gas emissions by the year 2030.{{cite web |url=https://newsroom.ibm.com/2021-02-16-IBM-Commits-To-Net-Zero-Greenhouse-Gas-Emissions-By-2030 |title=IBM Commits To Net Zero Greenhouse Gas Emissions By 2030 |author= |date=February 16, 2021 |website=IBM Newsroom |publisher=IBM |access-date=July 22, 2022 |quote=IBM today announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis. The company will accomplish this goal by prioritizing actual reductions in its emissions, energy efficiency efforts and increased clean energy use across the more than 175 countries where it operates.}}
=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.{{Cite news |last=Pound |first=Jesse |date=December 16, 2019 |title=These 91 companies paid no federal taxes in 2018 |url=https://www.cnbc.com/2019/12/16/these-91-fortune-500-companies-didnt-pay-federal-taxes-in-2018.html |access-date=2025-03-01 |work=CNBC}}
People and culture
=Employees=
File:Watson Jeopardy demo.jpg capabilities in a Jeopardy! exhibition match on campus, 2011]]
It is among the world's largest employers, with over 297,900 employees worldwide in 2022,{{Cite web |title=Fortune 500 |url=https://fortune.com/ranking/fortune500/ |access-date=December 30, 2022 |website=Fortune |language=en}} with about 160,000 of those being tech consultants.
IBM's leadership programs include Extreme Blue, an internship program, and the IBM Fellow award, offered since 1963 based on technical achievement.{{cite web |date=September 7, 2007 |title=Extreme Blue web page |url=https://www-01.ibm.com/employment/us/extremeblue/ |url-status=live |archive-url=https://web.archive.org/web/20190213183610/https://www-01.ibm.com/employment/us/extremeblue/ |archive-date=February 13, 2019 |access-date=May 23, 2010 |publisher=01.ibm.com}}
==== 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. CEO Tim Cook,{{cite news|url=https://people.forbes.com/profile/timothy-d-cook/6607|work=Forbes|title=Timothy D. Cook Profile|access-date=November 10, 2017|archive-url=https://web.archive.org/web/20120518015746/https://people.forbes.com/profile/timothy-d-cook/6607|archive-date=May 18, 2012|url-status=dead}} former EDS CEO and politician Ross Perot, Microsoft chairman John W. Thompson, SAP co-founder Hasso Plattner, Gartner founder Gideon Gartner, Advanced Micro Devices (AMD) CEO Lisa Su,{{cite web|url=https://www.amd.com/en-us/who-we-are/corporate-information/leadership/lisa-su|title=Executive Biographies – Lisa Su|publisher=Amd.com|access-date=October 10, 2014|archive-date=January 3, 2018|archive-url=https://web.archive.org/web/20180103221544/https://www.amd.com/en-us/who-we-are/corporate-information/leadership/lisa-su|url-status=live}} Cadence Design Systems CEO Anirudh Devgan,{{Cite web|title=Leadership Team|url=https://www.cadence.com/en_US/home/company/leadership-team.html|access-date=December 25, 2021|website=www.cadence.com|language=en|archive-date=December 25, 2021|archive-url=https://web.archive.org/web/20211225033256/https://www.cadence.com/en_US/home/company/leadership-team.html|url-status=live}} 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,{{cite news|last=Kearns|first=David T|title=Crossing the Bridge: Family, Business, Education, Cancer, and the Lessons Learned|date=May 31, 2005|publisher=Meliora Press}} former Fair Isaac Corporation CEO Mark N. Greene,{{cite news|url=https://money.cnn.com/2008/02/08/markets/morningbuzz/index.htm|title=Fair Isaac CEO: FICO criticism isn't 'fair'|first=Paul R.|last=La Monica|website=CNN Money|date=February 8, 2008|access-date=December 28, 2017|archive-date=October 22, 2020|archive-url=https://web.archive.org/web/20201022163826/https://money.cnn.com/2008/02/08/markets/morningbuzz/index.htm|url-status=live}} Citrix Systems co-founder Ed Iacobucci, ASOS.com chairman Brian McBride, former Lenovo CEO 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 African American woman to serve in the United States Cabinet.{{cite book|title=Women in World History, Vol. 7: Harr-I|year=2000|publisher=Yorkin Publications|location=Waterford, CT|isbn=0-7876-4066-2|pages=14–17|last=DeLaat|first=Jacqueline|author-link=Jacqueline DeLaat|chapter=Harris, Patricia Roberts|title-link=Women in World History}} 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;{{cite news|last1=Miller|first1=Zeke J.|title=Wisconsin Gov. Scott Walker: A 2016 Contender But Not A College Graduate|url=https://swampland.time.com/2013/11/19/wisconsin-gov-scott-walker-a-2016-contender-but-not-a-college-graduate|access-date=May 1, 2015|publisher=TIME|date=November 19, 2013|archive-date=December 9, 2020|archive-url=https://web.archive.org/web/20201209230121/https://swampland.time.com/2013/11/19/wisconsin-gov-scott-walker-a-2016-contender-but-not-a-college-graduate/|url-status=live}} former U.S. Ambassadors Vincent Obsitnik (Slovakia), Arthur K. Watson (France), and Thomas Watson Jr. (Soviet Union); and former U.S. Representatives Todd Akin,{{cite web|url=https://cdm.sos.mo.gov/cdm4/document.php?CISOROOT=/statepub&CISOPTR=99477&REC=17&CISOBOX=akin|title=Official Manual of the State of Missouri, 1993–1994|page=157}}{{dead link|date=March 2018|bot=InternetArchiveBot|fix-attempted=yes}} Glenn Andrews, Robert Garcia, Katherine Harris,{{cite web|url=https://votesmart.org/candidate/biography/1617/katherine-harris|title=Katherine Harris' Biography|work=Project Vote Smart|url-status=live|archive-url=https://web.archive.org/web/20120124035354/https://www.votesmart.org/candidate/biography/1617/katherine-harris|archive-date=January 24, 2012|access-date=April 30, 2006}} 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 and former Governor General Julie Payette, noted musician Dave Matthews,{{cite news |url=https://www.nytimes.com/1998/05/31/arts/pop-jazz-a-band-that-built-a-career-from-the-ground-up.html?pagewanted=2 |title=POP/JAZZ; A Band That Built a Career From the Ground Up |work=The New York Times |date=May 31, 1998 |access-date=October 30, 2020 |archive-date=October 10, 2013 |archive-url=https://web.archive.org/web/20131010074833/https://www.nytimes.com/1998/05/31/arts/pop-jazz-a-band-that-built-a-career-from-the-ground-up.html?pagewanted=2 |url-status=live }} 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,{{cite web|title=Board of Directors — Officers|url=https://www.naso.org/board.htm|publisher=National Association of Sports Officials|access-date=September 27, 2007|archive-url=https://web.archive.org/web/20070915040843/https://www.naso.org/board.htm|archive-date=September 15, 2007|url-status=dead}} former Rangers F.C. chairman John McClelland, and recipient of the Nobel Prize in Literature J. M. Coetzee. Thomas Watson Jr. also served as the 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;{{cite web |date=October 15, 1986 |title=The Nobel Prize in Physics 1986 – Press Release |url=https://www.nobelprize.org/nobel_prizes/physics/laureates/1986/press.html |url-status=live |archive-url=https://web.archive.org/web/20180802193323/https://www.nobelprize.org/nobel_prizes/physics/laureates/1986/press.html |archive-date=August 2, 2018 |access-date=January 1, 2014 |publisher=Nobel Media AB}} and Georg Bednorz and Alex Müller, also of Zurich, in 1987, for research in superconductivity. Six IBM employees have won the Turing Award, including the first female recipient Frances E. Allen.{{Cite journal |last=Steele |first=Guy L. |year=2011 |title=An interview with Frances E. Allen |journal=Communications of the ACM |volume=54 |page=39 |doi=10.1145/1866739.1866752 |issn=0001-0782 |s2cid=11847872 |doi-access=}} Ten National Medals of Technology (USA) and five 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.{{cite book |last=Smith |first=Paul Russell |url=https://books.google.com/books?id=HYvbeQLf_gEC&q=%22sincere+tie%22+ibm&pg=PA24 |title=Strategic Marketing Communications: New Ways to Build and Integrate Communications |publisher=Kogan Page |year=1999 |isbn=0-7494-2918-6 |page=24 |access-date=October 22, 2020 |archive-url=https://web.archive.org/web/20210109161210/https://books.google.com/books?id=HYvbeQLf_gEC&q=%22sincere+tie%22+ibm&pg=PA24 |archive-date=January 9, 2021 |url-status=live}} During IBM's management transformation in the 1990s, CEO Louis V. Gerstner Jr. relaxed these codes, normalizing the dress and behavior of IBM employees.{{cite web |date=January 23, 2003 |title=IBM Attire |url=https://www-03.ibm.com/ibm/history/exhibits/waywewore/waywewore_1.html |url-status=dead |archive-url=https://web.archive.org/web/20180814154040/https://www-03.ibm.com/ibm/history/exhibits/waywewore/waywewore_1.html |archive-date=August 14, 2018 |access-date=May 31, 2012 |work=IBM Archives |publisher=IBM Corp.}} 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,{{cite web |last1=Goldman |first1=David |title=IBM stands for 'I've Been Moved' |url=https://money.cnn.com/2009/03/31/technology/ibm/ |url-status=live |archive-url=https://web.archive.org/web/20210106015406/https://money.cnn.com/2009/03/31/technology/ibm/ |archive-date=January 6, 2021 |access-date=August 12, 2016 |publisher=CNN Money}} others saying it stands for "I'm By Myself" pursuant to a prevalent work-from-anywhere norm,{{cite web |title=IBM stands for "I'm by myself' for teleworkers of the blue giant |url=https://www.africanamerica.org/topic/ibm-stands-for-im-by-myself-for-teleworkers-of-the-blue-giant |url-status=live |archive-url=https://web.archive.org/web/20170202011500/https://www.africanamerica.org/topic/ibm-stands-for-im-by-myself-for-teleworkers-of-the-blue-giant |archive-date=February 2, 2017 |access-date=August 12, 2016 |publisher=African America}} 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.{{cite book |url=https://books.google.com/books?id=SyVxNfJ94pMC&q=IBM+%22I%27m+by+myself%22&pg=PT44 |title=Intelligent Mentoring |date=November 11, 2008 |publisher=IBM Press |isbn=978-0-13-700949-7 |access-date=August 12, 2016 |archive-url=https://web.archive.org/web/20210109164300/https://books.google.com/books?id=SyVxNfJ94pMC&q=IBM+%22I%27m+by+myself%22&pg=PT44 |archive-date=January 9, 2021 |url-status=live}} The company has traditionally resisted labor union organizing,{{cite journal |last=Logan |first=John |date=December 2006 |title=The Union Avoidance Industry in the United States |url=https://www.newunionism.net/library/organizing/Logan%20-%20The%20Union%20Avoidance%20Industry%20in%20the%20United%20States%20-%202006.pdf |journal=British Journal of Industrial Relations |volume=44 |issue=4 |pages=651–675 |doi=10.1111/j.1467-8543.2006.00518.x |s2cid=155066215 |archive-url=https://web.archive.org/web/20160817122539/https://www.newunionism.net/library/organizing/Logan%20-%20The%20Union%20Avoidance%20Industry%20in%20the%20United%20States%20-%202006.pdf |archive-date=August 17, 2016 |access-date=December 17, 2010}} although unions represent some IBM workers outside the United States.{{cite web |title=IBM Global Unions Links |url=https://www.endicottalliance.org/iwiswebsite/iwis-ibmgua-links.htm |archive-url=https://web.archive.org/web/20131014040215/https://www.endicottalliance.org/iwiswebsite/iwis-ibmgua-links.htm |archive-date=October 14, 2013 |access-date=October 12, 2013 |url-status=usurped |publisher=EndicottAlliance.org}}
Leadership
= President =
- Thomas J. Watson, 1911–1949
- 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
Notes
{{notelist}}
References
{{Reflist}}
Further reading
{{for|additional books about IBM, biographies, memoirs, technology and more|History of IBM#Further reading}}
{{Refbegin}}
- {{cite book |author-first=Henry |author-last=Bakis |editor=F. E. Ian Hamilton |year=1987 |title=Industrial change in advanced economies |publisher=Croom Helm |location=London |chapter=Telecommunications and the Global Firm |pages=130–160 |isbn=978-0-7099-3828-6}}
- {{cite book |first=Roy A. |last=Bauer |year=1992 |title=The Silverlake Project: Transformation at IBM (AS/400) |publisher=Oxford University Press |display-authors=etal}}
- {{cite book |first=Edwin |last=Black |author-link=Edwin Black |year=2001 |title=IBM and the Holocaust: The Strategic Alliance Between Nazi Germany and America's Most Powerful Corporation |title-link=IBM and the Holocaust |publisher=Dialog Press |isbn=0-914153-10-2}}
- {{cite book |first=Paul |last=Carroll |year=1993 |title=Big Blues: The Unmaking of IBM |url=https://archive.org/details/bigbluesunmaking00carr |url-access=registration |publisher=Crown Publishers |isbn=978-0-517-59197-0}}
- {{cite book |first=Doug |last=Garr |year=1999 |title=IBM Redux: Lou Gerstner & The Business Turnaround of the Decade |publisher=Harper Business}}
- {{cite book |first=Louis V. Jr. |last=Gerstner |author-link=Louis V. Gerstner, Jr. |year=2002 |title=Who Says Elephants can't Dance? |publisher=HarperCollins |isbn=0-00-715448-8}}
- {{cite book |first=Peter E. |last=Greulich |year=2014 |title=A View from Beneath the Dancing Elephant: Rediscovering IBM's Corporate Constitution |publisher=MBI Concepts Corporation |isbn=978-0-9833734-6-9}}
- {{cite book |first=John |last=Harwood |year=2011 |title=The Interface: IBM and the Transformation of Corporate Design, 1945–1976 |publisher=University of Minnesota Press |isbn=978-0-8166-7039-0}}
- {{cite book |first=Robert |last=Heller |year=1994 |title=The Fate of IBM |publisher=Little Brown}}
- {{cite book |first=David |last=Mercer |year=1987 |title=IBM: How the World's Most Successful Corporation is Managed |publisher=Kogan Page}}
- {{cite book |first=David |last=Mercer |year=1988 |title=The Global IBM: Leadership in Multinational Management |url=https://archive.org/details/globalibmleaders00merc_0 |url-access=registration |publisher=Dodd, Mead |page=[https://archive.org/details/globalibmleaders00merc_0/page/374 374] |isbn=978-0-396-09259-9}}
- {{cite book |first1=D. Quinn |last1=Mills |first2=G. Bruce |last2=Friesen |year=1996 |title=Broken Promises: An Unconventional View of What Went Wrong at IBM |publisher=Harvard Business School |isbn=0-87584-654-8}}.
- {{cite book |first=Emerson W. |last=Pugh |year=1996 |title=Building IBM: Shaping an Industry |publisher=MIT Press}}
- {{cite book |first=Robert |last=Slater |year=1999 |title=Saving Big Blue: IBM's Lou Gerstner |publisher=McGraw Hill}}
- {{cite book |first=Ulrich |last=Steinhilper |author-link=Ulrich Steinhilper |year=2006 |title=Don't Talk – Do It! From Flying To Word Processing |publisher=Independent Books |isbn=1-872836-75-5}}
- {{cite book |first=Ernest |last=von Simson |year=2009 |title=The Limits of Strategy: Lessons in Leadership from the Computer Industry |publisher=iUniverse |isbn=978-1-4401-9258-6}}
- {{cite book |first=Thomas Jr. |last=Watson |author-link=Thomas Watson, Jr. |year=1990 |title=Father, Son & Co: My Life at IBM and Beyond |publisher=Bantam Books |url=https://archive.org/details/fathersoncomylif00wats_0 |url-access=registration |isbn=0-553-29023-1}}
{{Refend}}
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