IBM- International Business Machines Corporation
International Business Machines Corporation, or well-known IBM, is an American multinational technology and consulting corporation, with headquarters in Armonk, New York, was founded in 1911 as the Computing Tabulating Recording Company (CTR) through a merger of three companies: the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company. In 1924, CTR adopted the name “International Business Machines”. Today, IBM is ranked the second largest U.S. firm in terms of number of employees (433,362), fourth largest in terms of market capitalization, the ninth most profitable, and the nineteenth largest firm in terms of revenue by Fortune 500. IBM employs 105,000 workers in the U.S. with more than $106.9 billion in annual revenue.
IBM produces computer hardware and software, and is one of the largest technology consulting businesses in the world. It operates in five primary segments: global technology services, systems and technology, global business services, software and global financing. The global technology services segment primarily includes IT infrastructure services and business process services. The systems and technology division provides IBM’s clients with business solutions built on advanced computing power and storage capabilities. Offerings include servers and infrastructure storage products; microelectronics for IBM systems and for sale to original equipment manufacturers; and retail store solutions, such as network-connected cash registers.
IBM is active in over 170 countries worldwide. In 2011, IBM acquired the following companies. The provider of real estate and facility management software solutions, TRIRIGA, Inc; the provider of intelligence analytics for fraud and crime prevention, i2; the risk analytics firm Algorithmic; the provider of security intelligence software, Q1 Labs; the developer of cluster and grid management software for...