Official Name: International Business Machines Corporation
Headquarters: Armonk, NY, United States
Founded: June 16, 1911
CEO: Mr. Arvind Krishna
USD as of July 1, 2023
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.
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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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International Business Machines Corporation has the following listings and related stock indices.
See IBM products, OutsourcingProfessional servicesManaged services
Founder(s): Charles Ranlett Flint (Amalgamator of the Computing- Tabulating- Recording Company)
Arvind Krishna (Chairman and CEO) Gary Cohn (Vice Chairman)
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)