Ibm Net Worth is$106.91 Billion
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Nicknames: International Business Machines Corporation, Big Blue, International Business Machines Corp., IBM, Inc., IBM/PC, Intl. Business Machines
What is IBMs net worth? IBMs net worth is $106.91 billion. IBM, also known as International Business Machines Corporation, was founded just after the turn of the 20th Century. In 1911, it was known as the Computing Tabulating Recording Corporation, and was formed in response to four major technological breakthroughs. These breakthroughs were the invention of the computing scale, the dial recorder, the electric tabulating machine, and the time clock. By the 1930s, the company was creating tabulating machines for large corporations, the U.S. Government, and, unfortunately, the Third Reich. In the 50s, IBM produced the first self-learning program and launched a successful line of typewriters. The 60s saw them working with NASA to create more effective ways to track the flight of astronauts, and launching their first series of computer systems. During the 70s, they revolutionized barcode production and reading, and the 80s, ushered in the era of personal computers and software development. Since then, they have restructured the company somewhat, and have gone on to become software giants, spending less time on the development of hardware. They currently have nine research facilities spread out around the world, hold more patents than any other technology company based in the U.S., and, for the last 19 years, have received more patents than any other company. They made headlines in 2011, when, Watson, their artificial intelligence machine, became the champion of the game show Jeopardy. The company is based in Armonk, New York and currently employs 433,362 people worldwide.
International Business Machines Corporation, or IBM, is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.
The company was founded in 1911 as the Computing Tabulating Recording Corporation through a merger of three companies: the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Corporation. CTR adopted the name International Business Machines in 1924, using a name previously designated to CTR's subsidiary in Canada and later South America. Its distinctive culture and product branding has given it the nickname Big Blue.
In 2012, Fortune ranked IBM the #2 largest U.S. firm in terms of number of employees (433,362), the #4 largest in terms of market capitalization, the #9 most profitable, and the #19 largest firm in terms of revenue. Globally, the company was ranked the #31 largest in terms of revenue by Forbes for 2011. Other rankings for 2011/2012 include #1 company for leaders (Fortune), #1 green company worldwide (Newsweek), #2 best global brand (Interbrand), #2 most respected company (Barron's), #5 most admired company (Fortune), and #18 most innovative company (Fast Company).
IBM holds more patents than any other U.S.-based technology company, and has nine research laboratories worldwide. Its employees have garnered five Nobel Prizes, six Turing Awards, nine National Medals of Technology, and five National Medals of Science. Famous inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the Universal Product Code (UPC), the financial swap, SABRE airline reservation system, DRAM, and Watson artificial intelligence.
The company has undergone several organizational changes sin

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Ibm Latest News

IBM third quarter revenue falls, but tops forecasts on cloud, analytics growth

International Business Machines Corp posted better-than-expected third-quarter revenue on Tuesday, helped by growth in the company's cloud and analytics businesses. Under Chief Executive Ginni Rometty, the technology services company has shifted toward ...
Posted: October 17, 2016, 5:33 am

IBM Says Macs Are Up to $543 Less Expensive Than PCs Over Time

At the Jamf Nation User Conference yesterday, designed for IT management professionals, IBM VP of Workplace as a Service Fletcher Previn talked about IBM's decision to start letting employees choose between Windows or Mac machines, the cost of PCs vs.
Posted: October 20, 2016, 1:34 am

IBM Is Still Struggling to Grow Revenues, and Cloud Sales Are Hurting Its Margins

IBM has been arguing for years its big investments in what the company calls "strategic imperatives" -- cloud, analytics, enterprise mobility and security software and services -- will offset the declines seen in various hardware, software and services ...
Posted: October 18, 2016, 3:25 pm
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