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What is Ibm?

IBM stands for International Business Machines Corporation, is the United States based multinational IT company that was started on 16 June 1911 under the guidance of Thomas J. Watson and Charles Ranlett Flint. It was formed as the Computing Tabulating Recording Company (CTR) composed of 3 companies such as the Computing Scale Company, Tabulating Machine Company and International Time Recording Company. It changed its name from Computing Tabulating Recording Company to International Business Machines in the year 1924. Ibm has a global presence with its offices in several countries. The company has global headquarters in New York, United States.

The company operates its operations of in the business areas of computer hardware, computer software, hosting, IT services and IT consulting services. It has divided its business into four divisions: financing, hardware, services and software. IBM's product lines include laptops, PCs, thinkPad notebooks, workstations, monitors, desktops and other storage networking products. On the other hand, the company also develops operating systems software. Its manufacturing facilities are located in various nations across the world. Apart from this, IBM runs a large network of BPO centers globally. It is the world's leading provider of consulting services throughout the world.

IBM is among the top largest IT companies in the world measured by employees strength. It had approximately 431,212 employees in the year 2013. IBM operates more than 12 research labs which are located in India, Australia, China, Japan, Dublin, Brazil etc. IBM Dublin Research Laboratory, IBM India Research Laboratory and IBM China Research Laboratory are major research laboratories of the IBM. The company has been ranked on 19 position in Foutune 500 companies by gross revenue. It had Revenue of US$ 99.751 billion in 2013.

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