International Business Machines (NYSE:IBM) (NYSE: IBM) is a global technology and consulting company known for its expansive portfolio of hardware, software, and services. Established in 1911 as the Computing-Tabulating-Recording Company (CTR), the company adopted the IBM name in 1924 and has since played a pivotal role in computing innovations. Today, IBM’s primary business activities encompass cloud computing, artificial intelligence, mainframe and enterprise servers, software development, and IT consulting.
IBM’s product offerings include the IBM Cloud platform, which provides infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions. The company’s Watson AI technology enables businesses to leverage advanced analytics and machine learning capabilities for data-driven decision making. In addition to its cloud and AI services, IBM continues to deliver high-performance computing systems, including z Systems mainframes and storage solutions designed for enterprise workloads and mission-critical applications.
Operating in more than 175 countries, IBM serves a diverse client base spanning industries such as financial services, healthcare, manufacturing, retail, and government. The company maintains research and development facilities worldwide, contributing to a robust patent portfolio and ongoing innovation in fields like quantum computing, blockchain, and cybersecurity. IBM’s professional services division offers strategic consulting, systems integration, and managed services to help organizations implement and optimize technology solutions.
Under the leadership of Chief Executive Officer Arvind Krishna, IBM has emphasized hybrid cloud adoption and open-source collaboration, notably through its acquisition of Red Hat in 2019. The company’s transformation strategy includes partnerships with academic institutions, startups, and industry consortia to accelerate technology development and deliver scalable, enterprise-grade solutions. With a legacy of more than a century of innovation, IBM continues to adapt its business model to meet evolving digital demands and drive long-term growth for its global customer base.
