Ibm Net Worth is$106.91 Billion
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Nicknames: International Business Machines Corporation, Big Blue, International Business Machines Corp., IBM, Inc., IBM/PC, Intl. Business Machines
What is IBMs net worth? IBMs net worth is $106.91 billion. IBM, also known as International Business Machines Corporation, was founded just after the turn of the 20th Century. In 1911, it was known as the Computing Tabulating Recording Corporation, and was formed in response to four major technological breakthroughs. These breakthroughs were the invention of the computing scale, the dial recorder, the electric tabulating machine, and the time clock. By the 1930s, the company was creating tabulating machines for large corporations, the U.S. Government, and, unfortunately, the Third Reich. In the 50s, IBM produced the first self-learning program and launched a successful line of typewriters. The 60s saw them working with NASA to create more effective ways to track the flight of astronauts, and launching their first series of computer systems. During the 70s, they revolutionized barcode production and reading, and the 80s, ushered in the era of personal computers and software development. Since then, they have restructured the company somewhat, and have gone on to become software giants, spending less time on the development of hardware. They currently have nine research facilities spread out around the world, hold more patents than any other technology company based in the U.S., and, for the last 19 years, have received more patents than any other company. They made headlines in 2011, when, Watson, their artificial intelligence machine, became the champion of the game show Jeopardy. The company is based in Armonk, New York and currently employs 433,362 people worldwide.
International Business Machines Corporation, or IBM, is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.
The company was founded in 1911 as the Computing Tabulating Recording Corporation through a merger of three companies: the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Corporation. CTR adopted the name International Business Machines in 1924, using a name previously designated to CTR's subsidiary in Canada and later South America. Its distinctive culture and product branding has given it the nickname Big Blue.
In 2012, Fortune ranked IBM the #2 largest U.S. firm in terms of number of employees (433,362), the #4 largest in terms of market capitalization, the #9 most profitable, and the #19 largest firm in terms of revenue. Globally, the company was ranked the #31 largest in terms of revenue by Forbes for 2011. Other rankings for 2011/2012 include #1 company for leaders (Fortune), #1 green company worldwide (Newsweek), #2 best global brand (Interbrand), #2 most respected company (Barron's), #5 most admired company (Fortune), and #18 most innovative company (Fast Company).
IBM holds more patents than any other U.S.-based technology company, and has nine research laboratories worldwide. Its employees have garnered five Nobel Prizes, six Turing Awards, nine National Medals of Technology, and five National Medals of Science. Famous inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the Universal Product Code (UPC), the financial swap, SABRE airline reservation system, DRAM, and Watson artificial intelligence.
The company has undergone several organizational changes sin

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Ibm Latest News

IBM blockchain project adds Nestle, Tyson, and other food companies

(Reuters) — Nestle, Unilever, Tyson Foods, and other large food and retail companies have joined IBM’s project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statement today.
Posted: August 22, 2017, 2:47 pm

Cramer's Stop Trading: IBM

CNBC's Jim Cramer is keeping an eye on shares of IBM after the tech giant received an overweight rating from one of Morgan Stanley's analysts.
Posted: August 23, 2017, 6:55 am

IBM Cloud Tape Connector Now Connects with Virtual Tape for Cloud e-Vault

Cloud Storage for mainframe data is becoming much more mainstream than in the past. At the recent SHARE conference in Providence, Rhode Island, there was a very interesting and well-attended panel discussion with several of the top vendors, all providing ...
Posted: August 23, 2017, 2:51 pm

IBM Tackles Food Safety With Blockchain

With the price of bitcoin, the first and most prominent cryptocurrency, soaring this year, the underlying blockchain technology has gotten a lot of attention. A blockchain is a digital ledger of transactions, secured using cryptography and distributed ...
Posted: August 22, 2017, 11:10 pm

IBM Food Chain Takeover

IBM just announced a major blockchain collaboration to improve global food supply chain safety. As a result, IBM has further positioned itself as a leader and now has an opportunity to tap into a growing $55.5B market. Perhaps even better, IBM is ...
Posted: August 23, 2017, 9:07 am
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