IBM is one of the largest technology companies in the world. It is not only a company that sells computers and software, but also provides consulting services. IBM was founded in 1911 by Thomas J. Watson Sr .. Since then, the company has grown into an international enterprise operating in over 170 countries around the world. IBM operates under five different business lines: Global Technology Services, Software, Hardware Systems, Global Finance and Manufacturing, and Research and Development. In 2018, their revenues were $ 79 billion and they employed over 380,000 people worldwide.
Initially, IBM manufactured and sold mechanical comptometers. However, with the invention of the first computer in 1952, the IBM 701, IBM dominated the market for decades. In 1991, IBM introduced its personal computer, which was later renamed the PC. The IBM PC was one of the first large-scale personal computers and had a great impact on the personal computer industry. IBM also did extensive research into artificial intelligence and in 1996 released its first AI computer, Deep Blue.
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Other IBM products and services include Power Systems, Power Storage, and Power-based Flexible Services; Rational products; WebSphere software; lotus software; Tivoli software; System z mainframe software such as DB2 (database), Information Management (ITM), and more; Global Technology Services, Big Data Analytics and Cloud Computing.
IBM offers consulting services such as IT Consulting, System Integration, Business Process Outsourcing, and more. IBM also provides financial services to clients in selected countries around the world. The company’s headquarters are located in Armonk, New York, USA.