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IBM

IBM

IBM is an American multinational technology and consulting corporation.

Overview

IBM is a multinational technology and consulting company that is headquartered in Armonk, New York. The company was founded in 1911 by Thomas J. Watson. IBM is the largest technology and consulting company in the world with over 350,000 employees in over 170 countries.

IBM offers a wide range of technology and consulting services; a broad portfolio of middleware for collaboration, predictive analytics, software development, and systems management; and developing advanced servers and supercomputers.

The company offer products in a range of fields:

History

IBM's history goes back to predecessor companies—the International Time Recording Company (ITR), formed in 1900, and the Computing Scale Company of America, incorporated in 1901. In 1911, Charles F Flint engineered the merger of Hollerith's Tabulating Machine Company with these two businesses to form the Computing-Tabulating-Recording Company (CTR), incorporated in the state of New York on June 16, 1911.

Based in New York City, the company manufactured and sold machinery including commercial scales and industrial time recorders to meat and cheese slicers, along with tabulators and punched cards. In 1911, the company had 1,300 employees with offices and plants in Endicott and Binghamton, New York; Dayton, Ohio; Detroit, Michigan; Washington, D.C.; and Toronto, Ontario.

CTR would become IBM (International Business Machines Corporation ) on February 14th, 1924.

Patents

In 2018, IMB was granted the most patents in a given year to an American company, with 9,100 patents, including 3,000+ patents in the fields of quantum computing, cloud computing, and artificial intelligence (1,600 patents). IFI CLAIMS Patent Services announced as of January 2020, IBM has received the most US patents every year compared to every other American company for twenty-seven consecutive years (from 1992 to 2018).

Timeline

January 21, 2022
IBM and Francisco Partners announce agreement that sees Francisco Partners acquire IBM’s healthcare data and analytics assets from its Watson Health unit.
January 10, 2022
IBM announces that LG Electronics has joined the IBM Quantum Network to advance industry applications of quantum computing.
July 26, 2021
IBM raises a $7,500,000 seed round from OIF Ventures, Significant Capital Ventures and Thorney Investment.
July 2, 2021
Jim Whitehurst steps down as president at IBM.
June 23, 2021
IBM and Indian Institute of Science (IISc) announces the launch of the IBM-IISc Hybrid Cloud lab.
May 6, 2021
IBM announces first 2nm chip, offers performance boost

IBM launched the world's first 2 nanometers (2nm) semiconductor today.

April 29, 2021
IBM acquires software provider Turbonomic for over $1.5 billion.
April 27, 2021
IBM Security announces collaboration with HCL Technologies (HCL) to help unify and streamline threat management for clients via a modernized security operation center (SOC) platform.
April 15, 2021
IBM acquires myInvenio, an Italian startup that builds and operates process mining software to integrate process mining directly into its suite of automation tools.
March 30, 2021
IBM and Cleveland Clinic announces the launch of yet another collaboration , this one a 10-year team-up bringing IBM's quantum computing systems to the hospital's newest healthcare research center.

Funding Rounds

Products

Acquisitions

Patents

Further Resources

Title
Author
Link
Type
Date

IBM - International Business Machines Corp. | Stock Price & Latest News | Reuters

Web

IBM tops US patent list -- again

January 8, 2019

IBM: Transform your business strategy

Web

April 4, 2022

IBM's Company Story 2021

Web

July 20, 2021

News

Title
Author
Date
Publisher
Description
Stephen Pritchard
October 13, 2021
ComputerWeekly.com
We look at key need-to-knows about hybrid cloud in 2021, including how it is defined, key use cases, the main pitfalls and where it's heading
Andrea Yu
October 5, 2021
Canadian Business - How to Do Business Better
To train its future work force, IBM Canada is creating high school and college courses in AI and quantum computing
Agam Shah
October 5, 2021
go.theregister.com
And if it works, it's going into the cloud
Thomas Claburn
September 30, 2021
go.theregister.com
Public health experts wonder what took so long
Lindsay Clark
September 29, 2021
go.theregister.com
Thanks, science
SHOW MORE

References

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