Company

IBM

Official Name: International Business Machines Corporation

Headquarters: Armonk, NY, United States

Founded: June 16, 1911

Employees: 282,100

CEO: Mr. Arvind Krishna

NYSE: IBM +0.22%

Market Cap

$146.88 Billion

USD as of Jan. 1, 2024

Market Cap History

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.

IBM market capitalization over time

Evolution of International Business Machines Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of International Business Machines Corporation

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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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)

Details

Headquarters:

One New Orchard Road

Armonk, NY 10504

United States

Phone: 914 499 1900