![]() See also: Tim Cook Bio IBM Business Strategy In fact, it competes against several other tech giants such as Amazon, Apple Inc., Oracle Corporation, Google, SAP AG, HP, and Microsoft. Moreover, it holds patents for some of the world’s greatest inventions, such as the automated teller machine (ATM) and the hard drive.Īlthough it enjoys a long history and a vast global presence, IBM does not possess any monopoly status in its markets. It also acquired companies such as PwC Consulting in 2002 and SPSS in 2009. In recent decades, IBM has expanded its business to services and consulting. ![]() The company is also a major research organization and one of the world’s largest employers, with approximately 345,900 employees as of 2020. IBM’s main products include servers, workstations, storage systems, middleware, software, and related services. Founded in 1911, it has its headquarters in Armonk, New York, United States, and operates in over 171 countries with offices and laboratories distributed worldwide. International Business Machines or IBM is an American multinational technology and consulting corporation known for its hardware, software, and services. ![]()
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