IBM
IBM is a multinational technology company founded in 1911 as the Computing-Tabulating-Recording Company and renamed International Business Machines in 1924. The company became the leading manufacturer of punch-card tabulating systems and has since evolved into a global technology leader focused on business ethics, environmental commitment, and responsible technology. Since the 1990s, IBM has concentrated on computer services, software, supercomputers, and scientific research.
IBM's business operations span cloud computing, artificial intelligence, commerce, data and analytics, Internet of Things, IT infrastructure, mobile, digital workplace, and cybersecurity. The company operates exclusively in the B2B space, targeting large enterprises and organizations with complex digital transformation needs. With 160,000 consultants globally as of 2024, IBM ranks among the ten largest consulting companies in the world, offering strategy and management consulting, technology and systems integration, and operations support.
IBM designs and manufactures computer systems including mainframes, servers, and storage devices that large enterprises depend on for critical business functions. The company holds the record for the most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021, making it the largest industrial research organization in the world. IBM provides specialized solutions across financial services for risk management and compliance, healthcare for data analytics and AI to improve patient care, and retail for optimizing supply chains and customer experiences.
