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IBM

IBM: A Technological Colossus International Business Machines Corporation, or IBM, a multinational technology giant headquartered in Armonk, New York, boasts a presence spanning over 175 countries. A Dow Jones Industrial Average component, IBM's global reach is undeniable. Its massive research infra...

IBM Overview

IBM Image Source : Wikipedia
  • Company type Public
  • Industry Information technology
  • Founded June 16, 1911
  • Founders George Winthrop Fairchild, Charles Ranlett Flint, Herman Hollerith
  • Headquarters 1 Orchard Road, Armonk, New York, United States
  • Area served 177 countries
  • Key people Arvind Krishna (chairman &amp, Gary Cohn (vice chairman)
  • Services Outsourcing, Professional services, Managed services
  • Revenue US$62.73 billion (2024)
  • Net income US$6.023 billion (2024)
  • Number of employees 270,300 (2024)
  • Subsidiaries Pre-WW2 list of subsidiaries
  • Website www.ibm.com

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IBM history

Last Updated : 23/03/25, 07:05 AM
IBM: A Century of Innovation and Transformation Founded in 1911 as the Computing-Tabulating-Recording Company (CTR), IBM's origins trace back to several late 19th-century technological innovations. Thomas J. Watson Sr.'s leadership solidified the company's foundation, fostering a culture of innovati...

IBM NEWS

IBM to launch Meta's Llama 2 on watsonx AI platform for businesses

August 10, 2023 8:31 am

IBM's watsonx, which helps businesses integrate AI into their workflow, provides early access to the Facebook-parent's Llama 2 to some clients.

Lewis Branscomb, Champion of Science Across Fields, Dies at 96

July 06, 2023 12:16 pm

He was IBM’s chief scientist until 1986, a period when the company made components for the space shuttle, built computer mainframes and entered the personal computer market against competitors like Apple and Tandy.

IBM unveils new watsonx, AI and data platform

May 09, 2023 4:11 pm

IBM said companies can use the watsonx platform to train and deploy AI models, automatically generate code using natural language and use various large language models built for different purposes

IBM to pause hiring in plan to replace 7,800 jobs with AI

May 02, 2023 4:18 pm

Hiring specifically in back-office functions such as human resources will be suspended or slowed.

IBM to pause hiring in plan to replace 7,800 jobs with AI: Report

May 02, 2023 10:24 am

IBM expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna said.

IBM cuts 3,900 jobs, misses annual cash target

January 26, 2023 8:15 am

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.

IIT-Madras to offer course on Advanced Quantum Computing

November 17, 2022 2:00 pm

The two-week long course will be conducted at the IIT Madras campus between December 5 and 16. It will be open to participants from industries and government organisations. The last day to register is December 2.

Quality of life, talent pool attracted to GIFT City: IBM

September 16, 2022 3:46 am

The new software lab occupies three floors of Prestige Fintech One building in GIFT City and can accommodate between 250-300 employees, a company official who took mediapersons around the new IBM facility said.

IIT-Madras becomes first Indian institute to join IBM Quantum Network

September 13, 2022 9:10 am

The Centre for Quantum Quantum Information, Communication and Computing (CQuICC)  at IIT Madras has been developed to focus on advancing core algorithms in research areas like Quantum Machine Learning, Quantum Optimization, and applications research in finance.

Caste in California: Tech giants confront ancient Indian hierarchy

August 17, 2022 9:52 am

Apple, the world's biggest listed company, updated its general employee conduct policy about two years ago to explicitly prohibit discrimination on the basis of caste,

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