Company
IBM
Official Name: International Business Machines Corporation
Headquarters: Armonk, NY, United States
Founded: June 16, 1911
Employees: 282,100
CEO: Mr. Arvind Krishna
Market Cap
$161.43 Billion
USD as of July 1, 2024
Company Description
Founded in 1911, the International Business Machines Corporation, better known as IBM, is a multinational information technology company operating in more than 170 countries. Manufacturing and marketing computer hardware, middleware and software, and providing hosting and consulting services, IBM is also a major technology research organization.
Top Competitors by Market Capitalization
Industry: Information Technology Services
| Company | Market Cap (USD) |
|---|---|
| Accenture | $187.38 B |
| SinoCloud Group Ltd | $117.42 B |
| Fiserv | $87.60 B |
| Infosys Limited | $80.73 B |
| Fidelity National Information Services, Inc. | $41.95 B |
Detailed Description
International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
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Stocks & Indices
International Business Machines Corporation has the following listings and related stock indices.
Stock: NYSE: IBM wb_incandescent
Stock: LSE: IBM wb_incandescent
Stock: BCBA: IBM wb_incandescent
Stock: BMV: IBM wb_incandescent
Stock: Bovespa: IBMB34 wb_incandescent
Stock: FSX: IBM wb_incandescent
Stock: MTA: IBM.U wb_incandescent
Stock: XETR: IBM wb_incandescent
Product & Services
See IBM products, OutsourcingProfessional servicesManaged services
Key People
Founder(s): Charles Ranlett Flint (Amalgamator of the Computing- Tabulating- Recording Company)
Arvind Krishna (Chairman and CEO) Gary Cohn (Vice Chairman)
Financials
Revenue: US$57.35 billion (2021)
Operating income: US$6.86 billion (2021)
Net income: US$4.71 billion (2021)
Total assets: US$132.00 billion (2021)
Total equity: US$18.99 billion (2021)