68 Facts About IBM Corporation

International Business Machines Corporation is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries.

IBM Corporation began in 1911, founded in Endicott, New York, by trust businessman Charles Ranlett Flint, as the Computing-Tabulating-Recording Company and was renamed "International Business Machines" in 1924.

IBM Corporation produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

Inventions by IBM Corporation include the automated teller machine, the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory .

IBM Corporation was founded in 1911 in Endicott, New York, as the Computing-Tabulating-Recording Company and was renamed "International Business Machines" in 1924.

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IBM Corporation is incorporated in New York and has operations in over 170 countries.

IBM Corporation 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".

IBM Corporation has several leadership development and recognition programs to recognize employee potential and achievements.

For certain interns, IBM Corporation has a program called Extreme Blue that partners top business and technical students to develop high-value technology and compete to present their business case to the company's CEO at internship's end.

IBM Corporation's culture has evolved significantly over its century of operations.

In Japan, IBM Corporation employees have an American football team complete with pro stadium, cheerleaders and televised games, competing in the Japanese X-League as the "Big Blue".

IBM Corporation built the Automatic Sequence Controlled Calculator, an electromechanical computer, during World War II.

IBM Corporation switched to transistorized designs with the 7000 and 1400 series, beginning in 1958.

In 1961, IBM Corporation developed the SABRE reservation system for American Airlines and introduced the highly successful Selectric typewriter.

The latter half of the 1960s saw IBM Corporation continue its support of space exploration, participating in the 1965 Gemini flights, 1966 Saturn flights, and 1969 lunar mission.

IBM Corporation developed and manufactured the Saturn V's Instrument Unit and Apollo spacecraft guidance computers.

Shortly after, IBM Corporation unbundled its software and services in what many observers believed was a direct result of the lawsuit, creating a competitive market for software.

IBM Corporation 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 Corporation computers.

In 1991 IBM Corporation spun out its printer manufacturing into a new business called Lexmark.

In 2002 IBM Corporation acquired PwC Consulting, the consulting arm of PwC which was merged into its IBM Corporation Global Services.

In 2014, IBM Corporation announced it would sell its x86 server division to Lenovo for $2.

Also that year, IBM Corporation began announcing several major partnerships with other companies, including Apple Inc, Twitter, Facebook, Tencent, Cisco, UnderArmour, Box, Microsoft, VMware, CSC, Macy's, Sesame Workshop, the parent company of Sesame Street, and Salesforce.

In 2015, IBM Corporation announced three major acquisitions: Merge Healthcare for $1 billion, data storage vendor Cleversafe, and all digital assets from The Weather Company, including Weather.

Also that year, IBM Corporation employees created the film A Boy and His Atom, which was the first molecule movie to tell a story.

In 2016, IBM Corporation acquired video conferencing service Ustream and formed a new cloud video unit.

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The following month, Groupon sued IBM Corporation accusing it of patent infringement, two months after IBM Corporation accused Groupon of patent infringement in a separate lawsuit.

In 2015, IBM Corporation bought the digital part of The Weather Company;, Truven Health Analytics for $2.

IBM Corporation announced in October 2020 that it would divest the Managed Infrastructure Services unit of its Global Technology Services division into a new public company.

In January 2021, IBM Corporation appointed Martin Schroeter, who had been IBM Corporation's CFO from 2014 through the end of 2017, as CEO of Kyndryl.

IBM Corporation has regularly sold off low margin assets while shifting its focus to higher-value, more profitable markets.

IBM Corporation is headquartered in Armonk, New York, a community 37 miles north of Midtown Manhattan.

IBM Corporation operates in 174 countries as of 2016, with mobility centers in smaller markets areas and major campuses in the larger ones.

In New York City, IBM Corporation has several offices besides CHQ, including the IBM Corporation Watson headquarters at Astor Place in Manhattan.

In Beijing, China, IBM Corporation occupies Pangu Plaza, the city's seventh tallest building and overlooking Beijing National Stadium, home to the 2008 Summer Olympics.

Defunct IBM Corporation campuses include the IBM Corporation Somers Office Complex, Spango Valley, and Tour Descartes .

IBM Corporation was recognized as one of the Top 20 Best Workplaces for Commuters by the United States Environmental Protection Agency in 2005, which recognized Fortune 500 companies that provided employees with excellent commuter benefits to help reduce traffic and air pollution.

IBM Corporation has been criticized for using "financial engineering" to hit its quarterly earnings targets, rather than investing for the longer term.

In February 2021, IBM Corporation committed to achieve net zero greenhouse gas emissions by the year 2030.

IBM Corporation has a large and diverse portfolio of products and services.

IBM Corporation Cloud includes infrastructure as a service, software as a service and platform as a service offered through public, private and hybrid cloud delivery models.

IBM Corporation provides Cloud Data Encryption Services, using cryptographic splitting to secure customer data.

IBM Corporation owns The Weather Company, which provides weather forecasting and includes weather.

IBM Corporation Watson is a technology platform that uses natural language processing and machine learning to reveal insights from large amounts of unstructured data.

For example, IBM Corporation has partnered with Memorial Sloan Kettering Cancer Center to assist with considering treatment options for oncology patients and for doing melanoma screenings.

In January 2019, IBM Corporation introduced its first commercial quantum computer IBM Corporation Q System One.

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IBM Corporation provides infrastructure for the New York City Police Department through their IBM Corporation Cognos Analytics to perform data visualizations of CompStat crime data.

In May 2022, IBM Corporation announced the company had signed a multi-year Strategic Collaboration Agreement with Amazon Web Services to make a wide variety of IBM Corporation software available as a service on AWS Marketplace.

Additionally, the deal includes both companies to make joint investments that make it easier for companies to consume IBM Corporation's offering and integrate them with AWS, including developer training and software development for select markets.

IBM Corporation has been a leading proponent of the Open Source Initiative, and began supporting Linux in 1998.

IBM Corporation invests billions of dollars in services and software based on Linux through the IBM Linux Technology Center, which includes over 300 Linux kernel developers.

IBM Corporation has released code under different open source licenses, such as the platform-independent software framework Eclipse, the three-sentence International Components for Unicode license, and the Java-based relational database management system Apache Derby.

Famous inventions and developments by IBM Corporation include: the Automated teller machine, Dynamic random access memory, 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 bar code, and the virtual machine.

Since its first patent for a traffic signaling device, IBM Corporation has been one of the world's most prolific patent sources.

IBM Corporation is nicknamed Big Blue in part due to its blue logo and color scheme, and partially since IBM Corporation once had a de facto dress code of white shirts with blue suits.

IBM Corporation logo has undergone several changes over the years, with its current "8-bar" logo designed in 1972 by graphic designer Paul Rand.

IBM Corporation has a valuable brand as a result of over 100 years of operations and marketing campaigns.

Since 1996, IBM Corporation has been the exclusive technology partner for the Masters Tournament, one of the four major championships in professional golf, with IBM Corporation creating the first Masters.

IBM Corporation sponsored the Olympic Games from 1960 to 2000, and the National Football League from 2003 to 2012.

IBM Corporation was among the first corporations to provide group life insurance, survivor benefits, training for women, paid vacations, and training for disabled people .

Additionally, in 2005, IBM Corporation became the first major company in the world to commit formally to not use genetic information in employment decisions; and in 2017, IBM Corporation was named to Working Mothers 100 Best Companies List for the 32nd consecutive year.

IBM Corporation has several leadership development and recognition programs to recognize employee potential and achievements.

For certain interns, IBM Corporation has a program called Extreme Blue that partners top business and technical students to develop high-value technology and compete to present their business case to the company's CEO at internship's end.

IBM Corporation's culture has evolved significantly over its century of operations.

In Japan, IBM Corporation employees have an American football team complete with pro stadium, cheerleaders and televised games, competing in the Japanese X-League as the "Big Blue".

In 2015, IBM Corporation started giving employees the option of choosing Mac as their primary work device, next to the option of a PC or a Linux distribution.

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In 2016, IBM Corporation eliminated forced rankings and changed its annual performance review system to focus more on frequent feedback, coaching, and skills development.

Many IBM Corporation employees have achieved notability outside of work and after leaving IBM Corporation.

In 2011, IBM Corporation became the first technology company Warren Buffett's holding company Berkshire Hathaway invested in.