IBM

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The International Business Machines Firm (often known as IBM) is an American multinational technology corporation with operations in over 171 countries across the world. In 1911, Charles Ranlett Flint, a trust businessman, established the firm in Endicott, New York, under the name Computing-Tabulating-Recording Company (CTR). In 1924, the company was rebranded as International Business Machines and moved its headquarters to New York City. New York is the state in which IBM was incorporated.

From mainframe computers to nanotechnology, IBM is involved in the production and sale of computer hardware, middleware, and software, as well as the provision of hosting and consulting services in these and other fields. In addition to being a significant research organisation, IBM has held the record for the most yearly patents produced by a firm in the United States (as of the year 2020) for the last 28 years in a row.

The automated teller machine (ATM), the floppy disc, the hard disc drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory are all inventions that were developed by IBM (DRAM). During the 1960s and 1970s, the most popular kind of computer platform was the IBM mainframe, which was best represented by the System/360.

As of the year 2022, IBM was one of the world's biggest employers with a workforce of more than 282,100 people, making it one of the 30 firms that make up the Dow Jones Industrial Average.

The Computing-Tabulating-Recording Company (CTR), which would later become IBM, was established in Endicott, New York, in 1911. The company's name was changed to "International Business Machines" in 1924. IBM is a multinational corporation that has its headquarters in New York and has operations in more than 170 countries.


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