Tag: ibm story

  • List of All the Startups and Companies Acquired by IBM

    Day by Day, the thriving International Business Machines corporations have taken the spotlight, by acquiring top-notch on-demand startups all over the world. Since the incorporation of IBM, the American Technology MNC has operated in over 177 countries through merging, acquisition, and absorption with other reputable companies.

    Besides, IBM accomplished success through acquiring startups across the world and developed the brand name by rendering the best services to the people. Generally, International Business Machines (IBM) is an American-based technology company, which was founded by Charles Ranlett Flint, who merged his computing-tabulating recording company with other four major corporations in 1911, New York.

    Initially, the company set the objectives of manufacturing machinery such as slicers, time recorders, punched cards, etc. for sale & lease. Subsequently, 3 years after Thomas J.Watson joined CTR with an ingenious mind in increasing the sale by underscoring customer service and enlarged the production scale, as well as operations overseas. By 1950, IBM became foreign operations by enabling technical services to the people.

    For instance, the company came up with the first practical AI- IBM 701, a mass-produced computer with floating-point arithmetic hardware, in 1956. Moreover, IBM acquired many startups from 1912 to now to prosper universally.

    In other words, IBM is a multinational corporation that manufactures and sells computer hardware, middleware, and software, as well as hosting and consulting services in a variety of fields, from mainframe computers to nanotechnology.

    here is the list of IBM acquisitions made from its incorporation to this time on.

    Companies Acquired by IBM in 1912 – 1929
    Companies Acquired by IBM in 1930 – 1949
    Companies Acquired by IBM in 1950 – 1969
    Companies Acquired by IBM in 1970 – 1989
    Companies Acquired by IBM in 1990 – 1999
    Companies Acquired by IBM in 2000 – 2011
    Companies Acquired by IBM in 2012 – 2021

    Companies Acquired by IBM in 1912 – 1929

    1917

    American Automatic Scale Company

    The very first company acquired by IBM was the American Automatic computing scale company. It is considered the world’s first automatic computing scale and was renamed a Computing-tabling-recording company in 1924.

    CTR (Computing-Tabulating-Recording) Company

    This company was founded in 1911 by Charles R.Flint and was a holding company manufacturer of record-keeping and measuring systems enterprise.

    International Time Recording Company of Canada

    Willard & Frick Manufacturing Company along with, Bundy manufacturing, and other two companies amalgamated and formed ITR in 1911.

    Computing Scale Co. of Canada

    Formed in 1901 by Charles R.Flint. Computing Scale Co. became the fourth company to be acquired by IBM. The company was a manufacturer of record-keeping and measuring systems.

    Bundy Manufacturing Company

    An American manufacturer of timekeeping devices, which was founded in 1889 and became a part of IBM in 1911.

    1921

    Pierce Accounting Machine Company

    IBM acquired Pierce Accounting machine company in 1921, an asset purchase. the company provides business advisory & accountancy services.

    Ticketograph Company

    This Chicago company became a division of IBM after the acquisition in 1933. The activity of the Ticketograph company was a device that used a coupon system of wage payments to control job labour costs and manufacturing operations.

    1923

    Dehomag

    It is a German-American inventor of the technology of punched cards, which became a subsidiary of IBM and was located in Germany before as well as during WWII as a monopoly company.

    Companies Acquired by IBM in 1930 – 1949

    1932

    National Counting Scale Company

    IBM acquired the company on 1st January 1932 for an undisclosed amount. The company is one of the famous makers of counting scales.

    1933

    Electromatic Typewriters

    It is a series of electric typewriters company, which was acquired by IBM starting in the mid-1930, for using their fixed carriage & type ball in IBM Selectric.

    1941

    Munitions Manufacturing Corporation

    It is a profit organization that renders Electromatic Model 04 electric typewriters, which was later acquired by IBM.

    Companies Acquired by IBM in 1950 – 1969

    1959

    Pierce Wire Recorder Corporation

    This company was founded in 1920 as Radiotechnic Laboratories, which made wire recorders for the U.S Army in the 1940s. On 15th August 1959, IBM bought the patents and assets of the Pierce Company and later the company changed its name to IBM as its dictation division.

    1964

    Science Research Associates

    It is a Chicago-based publisher company, which was established in 1938, was purchased by IBM in 1964, and later acquired by McGraw-Hill Education in 2000.

    Companies Acquired by IBM in 1970 – 1989

    1974

    CML Satellite Corporation

    This company was renamed Satellite Business System, which was formed by IBM, Aetna, and COMSAT on 15th December 1975. CML was established to build terrestrial network facilities and later IBM sold the company to MCI Inc.

    1984

    ROLM

    IBM partnered with a technology company, which was founded in 1969, and later IBM sold half of the assets to Siemens AG in 1989, In the aftermath of 1998, the ROLM corporation Defunct.

    1986

    RealCom Communications Corporation

    IBM acquired RealCom Communication Corp. in 1986. It is a technology services company based in Texas, United States. It provides telecommunications and technology solutions to companies.

    Companies Acquired by IBM in 1990 – 1999

    1993

    CGI Informatique (France)

    CGI Informatique, which IBM acquired in 1993, operated autonomously until 1996 when it was gradually integrated by IBM, nation by country until it was completed in 1999.

    1994

    Transarc Corporation

    It was a private Pittsburgh-based software company, which was bought by IBM in 1994 and became a part of IBM Pittsburgh in 1999.

    1995

    Lotus Development Corporation

    It is an American-based software company established in 1982 and acquired by IBM and now became a parent company of HCL India. IBM purchased the company for $3.5 billion.

    Information Systems Management Canada (ISM Canada)

    It is a Canada-based & subsidiary of Kyndryl, Information technology services company, founded in 1973 and later acquired by IBM in 1995 in producing IBM System/370 Model 168.

    K3 Group Ltd

    K3 is a company that specializes in business technology. In the supply chain market, the company offers integrated business solutions such as enterprise resource planning software, customer relationship management software, e-commerce, and managed services, which was purchased by IBM in 1995.

    1996

    Wilkerson Group

    Wilkerson Group is a high-impact, real-time consultant and coach who helps organizations and individuals make significant success, which later became a part of IBM in 1996.

    Tivoli Systems

    This company was launched in 1989, producing Tivoli software, and became a parent organization to IBM.

    Data Sciences

    IBM bought Thorn EMI Software, Datasolve, and the Corporate Management Services Division of Thorn EMI(Formerly known as Data Science Ltd) for $95 million in 1996.

    Object Technology International (OTI)

    This company was founded in 1988 and later acquired in 1998, where the VisualAge range of Smalltalk and Java development tools which were developed by OTI in collaboration with the IBM development lab in Cary, NC, and finally resulted in the open-source Eclipse tool platform and integrated development environment (IDE). Additionally, OTI was disclosed in 2003.

    Cyclade Consultants

    It is a legal plus consultancy management, which was bought by IBM in 1996. The company advises both major industrial enterprises and SMEs.

    Professional Data Management, Inc. / LifePRO

    LifePro is a leading provider of life, annuity, long-term care, and securities-based insurance to financial professionals across the country, which was again purchased by IBM in 2021.

    1997

    Software Artistry

    IBM obtained Software Artistry for $200 million in 1997 for its best-known software programs. It is an Indianapolis-based software company that provides strategic and automated support solutions.

    Unison Software

    It is a profit organization, which was established in 1983, as a Procurement, supply chain, and contract management software provider to federal government departments and government contractors.

    Dominion Semiconductor (Manassas, VA)

    Dominion Semiconductor (Manassas, VA) is formed as a 50/50 joint venture with Toshiba to manufacture 64MB and 256MB DRAM chips.

    1998

    CommQuest Technologies

    CommQuest is an electronic components manufacturer that Integrated wireless communication chipsets, systems, and related software are designed, developed, and marketed to provide the basic functionality of wireless communication subscriber equipment.

    DataBeam Corporation, Lexington, KY

    The company is a provider of real-time collaboration and distance learning software and developers platforms, which was acquired by Lotus Development Corp, a subsidiary of IBM.

    Ubique

    It is an Israel-based technology company that provides outsourcing and consulting services to its customers.

    1999

    Dascom Technologies (USA)

    Dascom is a security firm based in Verona, Virginia, the United States founded by Greg Clark. It was acquired by IBM in 1999.

    Mylex Corporation

    The company is known for manufacturing high-disk performing technology and network founded in 1993. The company manufactured wood television and radio cabinets.

    Sequent Computer Systems

    It is a computer-based company, which produces multiprocessing computer systems, launched in 1988, and defunct in 1999.


    List of All the Subsidiaries of LIC
    LIC is one of the biggest life insurance companies in India owned by the Government of India. Here’s the list of all the subsidiaries of LIC.


    Companies Acquired by IBM in 2000 – 2011

    2001

    Mainspring

    It is a business strategy consultancy company, which was bought on 7th July 2001 by IBM. IBM acquired Mainspring for $80 million.

    Informix Corporation

    It is a software company, which was a relational database software developer for machines running Unix, Microsoft Windows, and Apple Macintosh operating systems.

    2002

    CrossWorlds Software

    It is a business service provider company, founded in 1996 and renders Corporate integration software from CrossWorlds Software unifying and expanding business operations. Its business integration solution consists of ready-to-use applications.

    Meta merge

    This company was established in 1999, is a critical enabler for IBM security solutions, and specializes in directory integration technologies, including meta-directory utilities, and was acquired by IBM on 25th June 2002.

    Trellisoft

    Trellisoft was founded in 1999. This company transforms your business into Artificial Intelligence, which helps to solve all your business challenges. The company provides business intelligence, digital marketing, mobility & enterprise software solutions.

    Holosofx

    It is a business process reengineering and consultancy service, which was founded in 1990. The company provides business integration software applications.

    PricewaterhouseCoopers

    It comes under the MNC PricewaterhouseCoopers for business consultancy and other technology services. It is the second-largest professional services network in the world.

    Access360

    Access360 is a simple and effective solution for any company’s Resource Provisioning Management (RPM).

    EADS Matra Datavision

    It was founded in 1979, which is an integrated business consultation unit. The company developed design software applications. It was acquired by IBM in 2002.

    Tarian Software

    The Tarian eRecordsEngine is an embedded electronic recordkeeping technology for business application software developed by Tarian Software.

    2003

    Rational Software Corporation

    This was founded by Paul Levy and Mike Devlin in 1981, to provide tools to promote the adoption of modern software engineering approaches, particularly explicit modular architecture and iterative development.

    Think Dynamics

    It was established in September 2000, which creates software that integrates genuine Utility Computing into contexts with different e-Business Internet infrastructures.

    Information Laboratory

    It’s a Laboratory Information System (LIS) that collects, processes saves and maintains data from all phases of medical procedures and tests.

    CrossAccess Corporation

    IBM purchased this company on 17th October 2003, for data-handling services, and plays as a provider of infrastructure software that allows businesses to access data housed in mainframe databases and make it accessible to new business applications.

    Green Pasture Software

    This organization looks after Document management software from the company aids in the organization, development, and management of papers, allowing businesses to modify and manage various documents.

    2004

    Trigo Technologies

    Manufacturers, distributors, and retailers use Trigo Technologies’ product information management solutions.

    Daksh e-Services

    Daksh eServices is an Indian outsourcing firm that provides a variety of web-based customer support solutions and is also the first Indian-based company to be acquired by IBM.

    Business Continuity Services unit of Schlumberger

    The Business Continuity Services section of Schlumberger, situated in London, is one of Europe’s major workplaces in the business continuity and disaster recovery industry.

    Candle Corporation

    This company was launched in 1977, as the Developer of mainframe management software for enterprise infrastructure deployment and administration.

    Alphablox Corporation

    AlphaBlox is the only open Web-based platform for eBusiness analysis applications, allowing businesses to examine their data, which was inaugurated in 1996.

    Cyanea Systems

    Cyanea Systems was established in 2001, which makes software that analyses and manages web-based business application performance.

    Venetica

    Venetica is an enterprise information integration company. The company is based in Charlotte, North Carolina.

    Systemcorp ALG Ltd

    It is a Project Portfolio Management (PPM) software Canada-based company, which was founded in 1991 and acquired by IBM on 19th November 2004.

    Liberty Insurance Services

    This company provides insurance sector software and business process management solutions and was acquired by IBM for an undisclosed sum.

    Maersk Data and DMdata from Maersk

    This is a Danish-based company from the head branch of Maersk that provides technology services to the business.

    KeyMRO

    KeyMRO offers sourcing and procurement services for non-production and indirect purchases of products and services.

    2005

    Systems Research & Development

    This company was founded in 1983 by Jeff Jonas, to develop and market business intelligence and security analytics software for commercial and government organizations.

    Corio

    George Still and Roger Lee founded Corio in 1998 as an enterprise Application Service Provider (ASP) that distributes and manages corporate applications.

    Gluecode Software

    The company was founded in 2000, that provides open-source application infrastructure. The company is based in Los Angeles and was acquired by IBM in 2005.

    Meiosys

    Meiosys is a company that makes computing middleware for large data centers. The company has customers in telecommunications, financial services, manufacturing, energy, and government industries.

    PureEdge Solutions, Inc

    PureEdge Solutions develops and sells business process management software and services based on electronic forms.

    Isogon Corporation

    The firm provides a cross-platform inventory, use, and contract management software suite.

    DWL

    It is an enterprise information integration company that renders translation solutions for your businesses. It was founded in 1996 and is based in Greater Atlanta Area, East Coast, Southern US.

    DataPower Technology

    The IBM WebSphere DataPower SOA Appliances are a set of pre-built, pre-configured rack-mountable network devices (XML appliances) that can speed XML and Web Services deployments while also extending SOA architecture.

    iPhrase Systems

    For the banking, technology, manufacturing, healthcare, and retail industries, iPhrase Technologies delivers e-business and e-service solutions.

    Network Solutions

    It is an Indian-based enterprise, That provides a wide range of company solutions, including website construction, optimization, social media, and online advertising, among others.

    Collation

    Collation is a resource mapping firm that develops service-oriented network solutions that are automated.

    Bowstreet

    It is a portal-based tool, and delivers portals, bundled composite applications, and distributed Web-based services with application development tools.

    2006

    ARGUS

    Argus is a communication and system monitoring tool. Its purpose is to keep track of network services, routers, and some other network equipment. Notably, when it finds difficulties, it will send out alerts.

    CIMS Lab

    It is It-based financial management, that looks into the financial statements of the company, which was purchased by IBM on 20th January 2006.

    Viacore

    For private trade communities, Viacor provides a suite of inter-business integration services, which was founded by Fadi Chehade in 1999.

    Micromuse

    It is an American-based company that renders network management software services, founded in 2006 by Christopher Dawes Phill Tee.

    BuildForge

    BuildForge creates and sells software for building process management. The company was founded in 2001 and is based in Austin, Texas.

    Unicorn Solutions

    This company is a European-based that offers computer software printing services and other information-related services.

    Rembo Technology

    Rembo Technology is a privately held software corporation that manufactures tools that ease the process of installing and updating operating systems on servers as well as client machines like desktops and laptops.

    Webify Solutions

    Webify Solutions specializes in developing and marketing SOA software and services for the healthcare and insurance industries.

    Global Value Solutions

    The automotive, car components, metallurgical, finance, services, and telecommunications industries are all addressed by Global Value Solutions SA.

    DORANA

    DORANA is a software asset management tool Ubiquity that enables businesses to make intelligent software investments and decisions based on actual software use behaviour on both networked and centralized platforms.

    MRO Software

    The company was founded in 1968 by Bob Daniels, was a software firm that is based in Bedford. MRO software was bought by IBM on 3rd August 2006 for $739 million and defunct in 2007.

    FileNet

    FileNet, founded in 1982, created software to assist businesses in managing their content and business processes.

    Internet Security Systems (ISS)

    It offers software and services for PCs, servers, networks, and remote locations that include proactive security against attacks before they have an impact on a company’s operations.

    Palisades Technology Partners

    Palisades Technology Partners, LLC is a software company that specializes in mortgage finance.

    2007

    Consul Risk Management

    Consul Risk Management International is a global provider of security event management solutions.

    Vallent Corporation

    Vallent Corporation is a company that works in the field of service assurance. Performance, business, and service management are all services provided by the corporation.

    Softek Storage

    Softek Storage Solutions Corporation is a software firm that specializes in storage management. Transparent data movement is a service provided by the company.

    Watchfire Corporation

    Watchfire Corporation develops and sells online risk management software and services to ensure that websites are secure and compliant.

    WebDialogs

    Webdialogs creates online meeting and communication solutions such as phone, video, and Web conferencing, as well as data collaboration and Web. On August 22, 2007, IBM acquired WebDialogs, Inc. for an undisclosed amount.

    DataMirror Corporation

    The company claims to have over 2100 commercial customers in industries such as healthcare, retail, telecommunications, and financial services and provides real-time data integration, protection, and Java database technologies. Later, in 2007, the company became a wholly-owned subsidiary company of IBM.

    Quinnova, Inc

    Quinnova Pharmaceuticals is a biotech firm that specializes in the development and marketing of prescription medication products.

    Princeton Softech

    Princeton Softech is a developer of enterprise data preservation and test data management software as well as commercial data management tools for activities including data assessment, data privacy, data classification, data storage, and archiving.

    NovusCG

    NovusCG is the provider of software consulting and independent enterprise storage services. IBM acquired the company in 2007.

    2008

    XIV

    In 2002, an Israeli start-up company led by engineer and businessman Moshe Yanai developed the IBM XIV Storage System. In 2005, they delivered their first system to a client.

    AptSoft Corporation

    AptSoft Corporation provides a design and executive platform for event processing to assist businesses in implementing event-driven applications.

    Solid Information Technology

    SolidDB offers both an in-memory and a standard disk-based database, both of which have the same SQL interface and a high-availability option.

    Cognos

    The Ontario-based company that renders business intelligence and performance management software, was founded in 1969 and acquired by IBM on 18th January 2008.

    Arsenal Digital Solutions

    On-demand data protection services for servers and personal computers are provided by Arsenal Digital Solutions.

    Net Integration Technology

    Net Integration Technologies Inc. (NITI) is a software company that specializes in providing autonomous Linux-based server operating systems and other technology services.

    Encentuate

    Encentuate, Inc. was a privately held corporation situated in Redwood City, California, that was founded in Singapore in 2002. Peng T. Ong launched the company in 2001. In 2008, IBM purchased the company.

    Telelogic AB

    Telelogic AB was a software development company. Telelogic was established in 1983 as Televerket’s research and development department. The headquarters are located in the Swedish municipality of Malmö.

    Diligent Technologies

    Diligent is a pioneer in the field of enterprise-class disk-based data protection. Dedicated to overcoming the issues of data storage, protection, and management. In the year 2002, the company was established. In April 2008, IBM purchased Diligent.

    FilesX

    When working with z/OS data sets, Db2, CICS, IMS, or WebSphere MQ data, IBM File Manager provides configurable, user-friendly tools for enhanced file processing. IBM bought the company in 2008.

    InfoDyne Corporation

    InfoDyne, Ltd. produced system software and large-scale systems for United Nations organisations. In Hong Kong, the company was founded in 1991 by Filipino IT specialists.

    Platform Solutions

    Platform solutions combine powerful infrastructure options, a sophisticated development platform, and industry-leading services to create cloud-based solutions. IBM announced the acquisition of Platform Solutions Inc. in 2008.

    ILOG

    ILOG was a multinational software development firm. Pierre Haren and Greg Nuyens launched the firm in 1987. In January of 2009, IBM bought the company. It developed supply chain, business rule management, visualisation, and optimization enterprise software.

    Transitive Corporation

    Transitive Corporation is a manager in cross-platform virtualization, with technology that is installed on more than 17 million PCs. It was formed by Alasdair Rawsthorne in the year 2000, and its headquarters are in Los Gatos, California.

    2009

    Outblaze

    Outblaze provided services on EMailing.  It was a privately held online messaging service and collaboration service. The company is based in Hong Kong. In Jan 2009, IBM announced its intention to acquire Outblaze.

    Exeros Assets

    Exeros’ technology reveals hidden connections between databases, allowing users to make sense of several data sources more quickly. Its headquarters are in Santa Clara, California, and it specialises in data discovery software.

    SPSS Inc

    SPSS Inc. was a software company best known for its proprietary programme with the same name. Norman H. Nie created the company in 1968, and it is situated in Chicago, Illinois, United States. In 2009, IBM purchased the company.

    Ounce Labs

    Ounce Labs is a company that sells security software. The firm developed a software analysis tool that examines source code for security flaws and fixes them. The company was created on October 1, 2002, and is headquartered in Waltham, Massachusetts.

    RedPill Solutions

    RedPill focuses on creating customer value and customer-centricity. The company provides Customer Management services to the Telecom, Technology, Financial Services, and Retail verticals. The company was founded in 2000.

    Guardium

    IBM Security Guardium Data Protection facilitates a zero-trust safety method. It finds and categorizes sensitive data from across the organization. The company was established in 2002. In 2009, IBM purchased the company.

    Lombardi

    Lombardi Software was a business software firm. The company is based in Austin, Texas, and was created in 1998. They developed business process management software. IBM purchased it at the end of 2009.

    2010

    National Interest Security Company

    For the Intelligence Community, NISC is a prominent source of new information technology, information management, management technology consulting services, and security efforts. The company was created in 2007 and is situated in Fairfax, Virginia.

    Initiate Systems

    Initiate Systems is a software company that helps businesses leverage and share important data assets strategically. Jeff Galowich and Ron Galowich established the company in October of 1994. Its headquarters are in Chicago, Illinois.

    Intelliden

    Intelliden develops Intelligent Networking software that helps businesses control, manage, and scale their networks. Glen Tindal and Dale Hecht launched the company in 2000. Menlo Park, California, is home to the company’s headquarters.

    Wilshire Credit Corporation

    Wilshire Credit Corporation’s main operating assets, including the Wilshire mortgage servicing platform, have been acquired by IBM’s mortgage servicing business, which will hire Wilshire’s approximately 900 employees.

    Cast Iron Systems

    Cast Iron Systems is a cloud-based and SaaS-based software platform that offers integration tools to large and mid-sized businesses. The company was created in 2001 and is headquartered in San Jose, California

    Sterling Commerce

    Sterling Commerce was an Omni-Channel Commerce software and services company. The company was created in 1975 and is based in Dublin, Ohio, in the United States. Its Parent organizations are IBM, AT&T, and Southwestern Bell Yellow Pages.

    Coremetrics

    Coremetrics is a company that specializes in digital marketing optimization and online analytics. Brett Hurt created the company in 1999, and it is headquartered in San Mateo, California.

    BigFix

    BigFix, Inc specializes in networked desktop, mobile, and server computer management. David Hindawi and David Donoho established BigFix in 1997. BigFix is a simple and easy-to-use compliance, endpoint, and security management solution.

    Storwize

    RAID computer data storage systems with a raw storage capacity of up to 32 PB were virtualized using Storwize systems. Storwize used to be a stand-alone data storage company. The company was founded in 2011 and was eventually shut down on February 12, 2020.

    Data cap

    Datacap is a computer software and services firm that creates and distributes software and services. It was established in 1988. Datacap compiles documents, extracts significant information, and educates it into downstream company operations.

    Unica Corporation

    Unica is an HCL software brand that includes numerous Enterprise Marketing Management components and is part of HCL Technologies. It was created in 1992 and is headquartered in Waltham, Massachusetts. Its parent company is HCL Technologies.

    OpenPages

    OpenPages is a software package for governance, risk management, and compliance (GRC). Scott Killoh and Warren Ondras launched OpenPages in 1990. In October of 2010, IBM officially bought the company.

    Netezza

    Netezza is a company that creates and sells high-performance data warehousing equipment and advanced analytics solutions. Jit Saxena created Netezza in 1999, and it is based in Marlborough, Massachusetts, in the United States

    Blade Network Technologies

    Blade Network Technologies manufactures Ethernet network switches for blade servers, server and storage data center racks, and other applications. The company was established in 2006 and is headquartered in Santa Clara, California. In 2010, Blade was acquired by IBM System Networking.

    PSS Systems

    PSS Systems specializes in enterprise discovery management software for the formal holds and anthologies industries. The company was created in the year 2000 and is based in California. PSS Systems was acquired by IBM in 2010.

    Clarity Systems

    Financial governance software is provided by Clarity Systems. The business was established in 1995. On October 21, 2010, IBM purchased Clarity Systems, a privately held corporation situated in Toronto, Canada.

    2011

    Tririga

    The TRIRIGA solution delivers a comprehensive workplace management system on a single technology platform. It was a public company and was founded in 2000. Its headquarters is located in Las Vegas, Nevada.

    i2 Limited

    For military intelligence, law enforcement, and commercial entities, i2 Limited develops visual intelligence and investigative analysis software. The firm was established on April 9, 1990. It was acquired by IBM in 2011.

    Algorithmics Inc

    Ron Dembo started Algorithmics in Toronto, Ontario, which provides risk management software to financial institutions. Algorithmics was founded by Ron Dembo in 1989 and it’s based in Toronto, Canada.

    Q1 Labs

    Q1 Labs is a global provider of risk management, security information and event management, user activity monitors, and log management systems that are high-value and cost-effective. Q1 Labs was acquired by IBM on Oct 4, 2011.

    Platform Computing

    Platform Computing was a software business well known for its Load Sharing Facility task scheduling application. It was created in 1992 in Toronto, Ontario, Canada, and has departments across the United States, Europe, and Asia.

    Cluster and Grid Management

    Platform Cluster Manager for Power V4.2 makes scale-out and cloud computing infrastructures simple to handle. It was acquired by IBM in 2011.

    Cúram Software

    Cram Software is a social enterprise management software firm that also provides consulting, certification, and training. Its headquarters are in Dublin, Ireland, where it was formed in 1990.

    Emptoris

    Emptoris was a software company that specialized in strategic supply and contract management. Patrick D. Quirk is the CEO of Emptoris. The company was founded in 1999 and is headquartered in Burlington, Massachusetts. IBM announced a formal deal to buy Emptoris on December 15, 2011.

    DemandTec

    DemandTec uses data science to help retailers achieve optimal pricing, promotions, and markdowns, as well as deal management with vendor partners. DemandTec was established in 1999 and is headquartered in San Mateo, California.


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    Companies Acquired by IBM in 2012 – 2021

    2012

    Green Hat

    Green Hat is a software testing company that operates in the cloud. Rational Integration Tester from Green Hat prevents integration issues by allowing iterative and agile development. On January 4, 2012, IBM announced the completion of its acquisition of Green Hat.

    Worklight

    Worklight is a software company that develops powerful mobile application platforms and solutions for smartphones and tablets. Worklight was created in 2006, and the company’s headquarters are in New York, New York.

    Varicent

    Finance, sales, human resources, and IT departments all benefit from Varicent Software’s incentive and sales performance management software. Marc Altshuller, the CEO of Varicent, started it in 2003. Toronto, Canada is home to the company’s headquarters.

    Vivisimo

    Vivisimo is a company that specialises in the creation of computer search engines. Vivisimo is a software company situated in Pittsburgh, Pennsylvania, United States, that was created on June 21, 2000. In May of 2012, IBM purchased the company.

    Tealeaf Technology

    Tealeaf was a firm that specialised in web and mobile analytics software. Tealeaf was started in 1999 by Robert Wenig. The corporation is headquartered in San Francisco, California.

    Texas Memory Systems

    Texas Memory Systems, Inc. was a company that invented and manufactured solid-state discs and digital signal processors in the United States. Holly Frost created TMS in 1978, and Dan Scheeland is based in Houston, Texas.

    Butterfly Software Ltd

    Butterfly Software creates software that aids in the discovery, analysis, and migration of data center infrastructures. In 2011, Butterfly Software LLP was established.

    StoredIQ

    StoredIQ was founded to manage the lifecycle of unstructured data information. Jeff Erramouspe, Jeff Bone, Russell Turpin, Rudy Rouhana, Laura Arbilla, and Brett Funderburg founded Deepfile in Austin, Texas in 2001. Its headquarters were in Austin, Texas, in the United States.

    2013

    Star Analytics

    Star Analytics, Inc. is a major developer of financial automation and integration tools for EPM and BI applications. It’s a privately held company founded in 2004. Its headquarters is located in San Mateo, CA.

    CSL International

    CSL creates cutting-edge biotherapies and influenza vaccinations that save lives and aid people suffering from life-threatening illnesses. In 2013, CSL International was acquired by IBM.

    UrbanCode

    UrbanCode Deploy is a solution that allows you to automate application deployments across many environments. It’s made to make agile development easier by allowing for quick feedback and continuous delivery. The company was founded in 1996 by Michael Sayko. Its headquarters is located in Cleveland, Ohio, United States.

    Softlayer Technologies

    SoftLayer Technologies, Inc. was a cloud computing, managed hosting, and dedicated server company. Lance Crosby founded the company in 2005, and it is headquartered in Dallas, Texas, in the United States. In 2013, IBM purchased the company.

    Trusteer

    Trusteer is a computer security division that develops a suite of security products. Trusteer was founded in 2006 by Mickey Boodaei and Rakesh K. Loonkar. And was acquired by IBM in September 2013 for $1 billion. The company’s headquarters are in Boston, Massachusetts, in the United States.

    Daeja Image Systems

    Daeja Image Systems Ltd. is a prominent developer of software that enables viewing huge documents and photos easier for business and IT professionals. Daeja is a privately held software firm based in Milton Keynes, United Kingdom. On September 19, 2013, IBM purchased Daeja Image Systems.

    The Now Factory

    The Now Factory offers data network solutions that improve the client experience for Communication Service Providers. The company is based in Dublin, Dublin, Ireland, and was founded in 2006. IBM acquired The Now Factory in October 2013.

    Xtify

    Xtify is an IBM subsidiary that provides tools for mobile app publishers to run push and location-based notification campaigns. In 2007, Xtify was established. IBM’s Xtify mobile messaging capabilities, as well as a new SMS digital messaging offering, are included in the Enterprise Marketing Management portfolio.

    Fiberlink Communications Corporation offers mobility as a service, assisting businesses in connecting, controlling, and securing laptops and mobile devices. Its headquarters are in Pennsylvania, United States, and it was created in 1991.

    Aspera Inc

    IBM Aspera is a software application that enables customers to move crucial files and data sets of any size at high speeds via existing infrastructure and global IP networks. Aspera was created in 2004 and is headquartered in California, United States. In January 2014, IBM purchased Aspera.

    2014

    Silverpop Systems, Inc

    Silverpop Systems, Inc. Is best in digital marketing. The business provides automated email marketing ideas, campaign management, execution, and campaign performance analytics. It’s based in Atlanta, Georgia, United States, and was established in 1999.

    Cloudant Inc

    Cloudant is a scalable, disseminated cloud database for web, mobile, IoT, and serverless applications built on Apache CouchDB. The company was founded in 2008 and was acquired by IBM in 2014.

    Cognea

    Cognea creates interactive virtual agents by designing and developing artificial intelligence technology platforms. The company was founded by John Zakos and Liesl Capper in 2013 and it’s based in the Greater New York Area, East Coast, Northeastern US.

    CrossIdeas

    Identity & Access Governance Solutions from CrossIdeas help you manage people, applications, and entitlements in a unified way. IBM’s leadership in delivering innovation, services, and software for protecting companies will be strengthened with the acquisition of CrossIdeas.

    Lighthouse Security Group

    Experts in the domains of identity management and access management (IAM), cloud computing, and software make up the Lighthouse Security Group. The year the company was founded was 2007.

    2015

    Blekko

    Blekko was a web search engine whose declared objective was to produce better search results than Google Search. On November 1, 2010, the institution was established.

    AlchemyAPI

    AlchemyAPI was a machine learning related software business. Deep learning was used in its technology for a variety of purposes. It was created in 2005 and is situated in Denver, Colorado, United States.

    Explorys

    Using the Explorys Platform, healthcare organisations may collect, link, and combine data from hundreds of different sources across their corporate and clinically integrated networks.

    Phytel

    Phytel is a leading provider of integrated population health management software, according to numerous observers. It is a population health company based in Dallas. In May 2015, IBM announced that it has completed the acquisition of Phytel.

    Compose, Inc

    Compose, Inc. runs a managed platform for database deployment, hosting, and scaling that is used by developers. Customers in the United States are served by Compose. In 2009, the company was established.

    Bluebox

    Blue Box combines the security of a private cloud with the ease of a public cloud, giving our clients a road to a hybrid cloud. This company was purchased by IBM in 2015.

    Merge Healthcare Inc

    Merge Healthcare Inc. provides patients and physicians with an efficient electronic healthcare experience. The firm was created in 1987 and is situated in Chicago, Illinois, United States. Merge Healthcare Solutions Inc and Cedara Software Ltd are the subsidiaries.

    Meteorix LLC

    Meteorix LLC specializes in the implementation of financial and human resource services. It’s a company based in Boston. Meteorix was founded in 2011 and employs around 200 people.

    StrongLoop Ltd

    StrongLoop is the key code contributor that develops StrongLoop Suite, a top Mobile API Tier. StrongLoop is established in San Mateo, California, and employs over 30 Node.js developers.

    The weather Company- Digital assets

    Weather.com and Weather Underground are owned and operated by The Weather Company, a weather forecasting and information technology company. The Weather Company’s digital assets were purchased by IBM for about $2 billion.

    Gravitant, Inc

    With roughly 200 workers, Gravitant cloudMatrix is an IT services and consulting firm. It is based in Austin, Texas. The complete IT value chain is addressed by Gravitant software and it was founded in 2004.  

    Clearleap

    IBM Cloud Video is an IBM subsidiary that provides live video streaming services. The company was founded in 2007 by Gyula Feher, Brad Hunstable, and John Ham and its headquarters is located in San Francisco, California, United States.

    Cleversafe

    Cleversafe Inc. was a developer of object storage software and systems. Chris Gladwin created the company in 2004. Cleversafe was purchased by IBM in 2015 for $1.3 billion dollars.

    2016

    Iris Analytics

    IRIS Analytics specializes in IBM Safer Payments to assist clients in reducing risk, increasing productivity, and increasing profits. IRIS Analytics was acquired by IBM on January 15, 2016, and the company’s headquarters are located in Germany

    Ustream

    Ustream is a firm that broadcasts live video. Its headquarters are in San Francisco, and it employs about 180 people. In March 2007, the company was founded, and in 2016 it merged with IBM. The company was rebranded IBM Cloud Video in 2018.

    Resource Link is a customized Web-based service that gives you access to data for planning, installing, and managing IBM Systems servers and applications.

    Aperto

    In the DACH region, Aperto is a renowned digital agency. In 2016, the company merged with IBM. The company was founded in 1995 and has its headquarters in Berlin. They work with both domestic and international clients.

    Ecx.io

    ecx.io works with its clients to identify digital opportunities and help them grow their businesses. The company was formed around 25 years ago. The company merged with IBM in 2016

    Truven Health Analytics

    Truven was acquired by IBM Corporation on February 18, 2016, and incorporated with IBM’s Watson Health subsidiary. Truven Health Analytics provides a solution that ensures pharmaceutical safety, health, and disease management.

    Optevia

    Optevia specializes in the public sector Microsoft Dynamics CRM. It’s a UK-based systems integrator that IBM purchased in 2016 in order to address rising software demand.

    Resilient Systems

    Security teams can use the Resilient Systems, Inc. platform to design and maintain key enterprise software. They create computer software and safeguard businesses from cyber-attacks. In 2010, the company was established.

    Blue Wolf Group LLC

    Bluewolf is a consulting firm that specializes in developing digital solutions that produce outcomes. Bluewolf, a cloud consulting firm, was acquired by IBM for approximately $200 million. Bluewolf was bought by IBM on May 12, 2016.

    EZSource

    EZSource is a comprehensive product suite that offers reliable, automated analysis and measurements. Developers can see which programs have changed thanks to EZSource’s visual dashboard. The company was established in 2033.

    Sanovi Technologies

    Sanovi Technologies Inc is a software development company that creates and builds applications. Cloud migration, disaster recovery, private cloud infrastructure, and enterprise application solutions are all available through the company. The company was started in 2002 and is headquartered in Bengaluru.

    Promontory Financial Group

    Promontory Financial Group is a firm that provides financial services advice to clients. It is being completed under IBM’s supervision. The company was created in 2001 and is based in Washington, D.C., in the United States.

    2017

    Agile 3 Solutions

    Agile 3 Solutions creates products that help clients renovate their businesses. The company’s headquarters are in San Francisco, California, USA. Raghu Varadan, the company’s founder, started it in January 2009.

    Verizon – Cloud services

    Verizon Business is a Verizon Communications division that delivers services and products. Verizon Business was founded in January 2006. Verizon split up into three groups in 2019, renaming Verizon Business Solutions as Verizon Business Solutions

    XCC

    IBM joined with XCC so that it will strengthen the IBM Connections portfolio by providing tools to organizations, and reduce content fragmentation, enabling individuals to work and communicate more effectively across their organization.

    Cloudigo

    Cloudigo is a company that provides network infrastructure. Cloudigo is a new brand that came out in 2016. Cloudigo is owned by International Business Machines Corporation, a New York-based firm. Information Technology Services is Cloudigo’s industry.

    Vivant Digital

    In the United States and Canada, Vivint Smart Home, Inc. is a publicly-traded smart home firm. Keith Nellesen and Todd Pedersen launched APX Alarm Security Solutions Inc in 1999. The company’s revenue in 2020 was 1,260.7 million dollars. There are approximately 11,000 people employed there.

    2018

    Armanta, Inc

    Armata Pharmaceuticals is a biotechnology firm that develops drugs to treat drug-resistant bacterial diseases. The company’s headquarters are in Marina del Rey, California.

    Oniqua Holdings Pty Ltd

    Oniqua was established in 1990 and is headquartered in Denver, Colorado. There are between 50 to 200 individuals employed there. MRO Analytics, Supply Chain Management, Asset Performance Management, Maintenance, Repairs, and Operations are among the services offered by the organization.

    2019

    Red Hat

    Red Hat, Inc. is a software corporation that specializes in providing open-source software to businesses. Raleigh, North Carolina is home to the company headquarters. Bob Young and Marc Ewing launched the company in 1993.

    2020

    Spanugo

    For the enterprise hybrid cloud, Spanugo offers Cybersecurity Posture Assurance. The company began operations in April 2016 and ceased operations in June 2020. Doc Vaidhyanathan, Doss Karan, and Janga R Aliminati are the company’s founders.

    WDG

    WDG works with your firm to help you get the most out of your money. IBM’s Robotic Process Automation application is cloud-based, clever and intuitive, and simple to use, allowing you to get the most out of your investment

    TruQua Enterprises

    TruQua Enterprises is a service provider and it’s specialized in SAP Finance, deployment strategies, development libraries, best practices, implementations, development libraries, blueprint designs and solution research. The Headquarters is located in Chicago, Illinois, United States. The company was founded in 2010.

    Instana

    Instana, a German-American company, is best in creating APM software. This application performance management software is used for handling the software used in microservice architectures and 3D visualization. This company is based in Chicago, Solingen, and San Francisco.

    Expertus

    The company’s headquarters is in Canada. The company assists in Case Management, Data Management, Fraud Detection, Messaging Services, Payment, Processing, Payments Solutions, Regulation Compliance, Security Service, Software Updates, and Technical Maintenance. On 15 December 2020 IBM announced its acquisition with Nordcloud.

    Nordcloud

    Nordcloud is a cloud consulting services provider company. Its headquarters are in Helsinki, Finland, and was established in 2011. Over 450 employees are working under this company and its turnover is about $61 million. On 21, December 2020 IBM finally acquired Nordcloud.

    2021

    7Summits

    7Summits is a Salesforce Platinum Consulting Partner in transmitting transformative digital tests. It formed an acquisition with NYSE: IBM on January 11th, 2021 and it focuses especially on Salesforce ecosystem-focused assistance.

    TAOS

    It is an IT service management company. The services they provide are migration, strategic information technology planning, cloud architecture, security assessments, network and systems engineering, and technical program management. On the 14th of January, 2021, IBM announced that it will acquire Taos.

    MyInvenio

    MyInvenio is a facet of the IMB company. It allows the unions to use AI-powered automation and helps to simplify business processes by providing a finding in the mining process. On April 15, 2021, IBM announced a conclusive pact to acquire myInvenio.

    Turbonomic

    It is one of the fastest-growing technology companies. They provide applications that manage IT. Their software fulfils the demand regarding the network, storage, and performance and also protects the automation in context. On June 17, 2021, IBM announced the finale of its acquisition of Turbonomic.

    Boxboat

    BoxBoat is Cloud Migration engagements, DevOps, and Continuous Delivery. They use modern technologies for enabling organizations in revising the digital data in the cloud. On the 29th of July, 2021, IBM announced its acquisition with Boxboat Technologies.

    Bluetab

    It is a technical services and business software company. Their departments can be founded in the UK, Mexico, and Spain. The Java EE, Microsoft. NE and other open-source devices are the technologies the company operates with. In 2021, Bluetab Solutions Group joined with IBM.

    Conclusion

    IBM progressed plenty of coalitions and acquisitions in the last decade. IBM has its tract in 20 countries and 25 different US states. Its substantial exchange was in 2014, peddled IBM’s x86 Server Business for $2.1B to Lenovo Group and the substantial acquisition transpired in 2018, Red Hat for $34.0B. Software and technology are IBM’s most accomplished sectors.

    As of 2020, IBM’s annual net income is $5.6 billion and its revenue is  $73.6 billion. And as of July 13, 2021, its market capitalization is $125.3 billion. As per the above-mentioned IBM Acquisitions list, IBM made a total of 199 Acquisitions.

    FAQ

    How many acquisitions has IBM made?

    IBM has made nearly 200 acquisitions from 1912 to 2021.

    Who is IBM owned by?

    The major shareholders of IBM are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.

    Who is the CEO of IBM?

    Arvind Krishna is the current CEO of IBM.

  • IBM—Leading Hosting & Consulting Services Provider

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

    Students assume getting a four-year degree and taking on the thousands of student loan debt that comes along with it – is the only way to get your foot in the door at top companies like Apple, Google, and Netflix. International Business Machines Corporation (IBM) is an American multinational technology and consulting company that provides hardware, software, cloud-based services and cognitive computing.

    IBM along with Google, Apple and 11 other companies no longer require employees to have a college degree. In 2017, IBM’s vice president of talent Joanna Daley told in an interview that about 15 percent of her company’s U.S. hires don’t have a four-year degree. She said that instead of looking exclusively at candidates who went to college, IBM now looks at candidates who have hands-on experience via a coding boot camp or an industry-related vocational class.

    IBM – Company Highlights

    Startup Name IBM
    Headquarters Armonk, New York, U.S.
    Sector Public
    Industry Cloud computing, Artificial intelligence, Computer hardware, Computer software
    Founders Charles Ranlett Flint, Thomas Watson Sr
    Founded June 16, 1911
    CEO Arvind Krishna (2020-Present)
    Areas served 177 countries
    Website www.ibm.com

    IBM – About and How it works?
    IBM – Logo and Meaning
    IBM – Founders and Team
    IBM – History
    IBM – Investments
    IBM – Revenue
    IBM – Business Model
    IBM – Hires Based on Skills and not College-Degree
    IBM – Competitors
    IBM – Growth
    IBM – Future Plans
    IBM – FAQ’s
    IBM – Conclusion

    IBM – About and How it works?

    International Business Machines Corporation (IBM) is an American multinational technology and consulting company headquartered in Armonk, New York, with more than 350,000 employees serving clients in 177 countries. IBM is a global technology company that provides hardware, software, cloud-based services and cognitive computing. Founded in 1911 following the merger of four companies in New York State by Charles Ranlett Flint, it was originally called Computing-Tabulating-Recording Company.

    IBM has been present in India since 1951. Since inception, IBM India has expanded its operations with regional headquarters in Bangalore and offices across 20 cities. IBM India has established itself as one of the leaders in the Indian Information Technology Industry.

    As a leading cognitive solutions and cloud platform company, innovation is at the core of the IBM company strategy. This is reflected in the end-to-end solutions delivered to clients, which span from software and systems hardware to a broad range of infrastructure, cognitive, cloud and consulting services. IBM helps clients solve complex business and technical issues by delivering deep business process and industry expertise. This is enhanced with advanced analytics, research capabilities, comprehensive IT infrastructure knowledge and the proven ability to implement enterprise solutions to deliver bottom line value to businesses and governments worldwide.

    IBM – Logo and Meaning

    IBM Logo

    Current IBM logo was designed in 1972 by an iconic American graphic designer Paul Rand. He understood that a distinguishing mark was essential to a company’s success. Distinctive company logotype is the principal mean of distinguishing one product from that of another he observed.

    IBM – Founders and Team

    Charles Flint and Thomas Watson Sr. are believed to be the founders of IBM.

    Charles Flint (Left) & Thomas Watson Sr.(Right) | Co-Founders, IBM

    “It is the policy of this company never to be satisfied with what we have and always to anticipate the demands of the future.”

    This quote captures the vision of Thomas Watson Sr. who forged the disparate pieces of C-T-R into a strong, unified company that became International Business Machines.

    “I had the leisure to turn to a field which has since interested me more than any other one—that is, the consolidation of corporations, the forming of what used to be known as ‘trusts.’ I have been called ‘the father of trusts,’ although sometimes I think I have been more nearly in the relation of godfather ,” said Charles R. Flint.

    The Computing-Tabulating-Recording Company, the precursor to IBM, was founded on June 16, 1911. At its beginning, it was a merger of three manufacturing businesses, a product of the times orchestrated by the financier, Charles Flint.  From these humble beginnings sprang the company that Thomas Watson Sr. molded into a global force in technology, management and culture.

    Arvind Krishna (an IIT Kanpur graduate) is Chief Executive Officer of IBM.

    Arvind Krishna | CEO, IBM

    Arvind Krishna (born 1962) is an Indian-American business executive. He has been the CEO of  IBM since April 2020 predeceasing Ginni Rometty . Krishna began his career at IBM in 1990, at IBM’s Thomas J. Watson Research Center, and was promoted to senior vice president in 2015. As a business leader and technologist, he has led the building and expansion of new markets for IBM in artificial intelligence, cloud, quantum computing, and blockchain. He has also played a significant role in the development of innovative IBM products and solutions based on these emerging technologies. Over his 30-year career at IBM, Arvind led a series of bold transformations and delivered proven business results. He most recently drove the successful $34 billion acquisition of Red Hat – the largest software acquisition – that has defined the hybrid cloud market.


    How Google Became A Globally Well-Known Brand
    Google began as an online search firm, but it now offers more than 50 internetservices and products from e-mail and online documentation for mobile phones andtablets computers. In addition, 2012 acquisition of Motorola Dynamics has put itin a position to sell hardware as a mobile phone. Google’s …


    IBM – History

    In 1911, the company was incorporated as the Computing-Tabulating-Recording Company (C-T-R) and manufactured a variety of machinery including industrial time recorders, commercial scales, tabulators, and punch cards.

    C-T-R in Thomas Watson’s era.

    Three years later, Thomas J. Watson, Sr. joined the company as general manager and set the company on course to become IBM as it’s known today. Soon after being named president, Watson oversaw the shift of the company’s primary product offering to large-scale business computing equipment and transitioned the name to IBM. To catalyze technological innovation, IBM opened the Watson Scientific Computing Laboratory at Columbia University in 1945.

    IBM launched 701, the company’s first computer, in 1952 and spent the next two decades dominating the field of mainframe and minicomputers. These machines (specifically the System/360 and 370 families) were capable of unprecedented levels of computing power, so they were widely used by businesses, universities, laboratories, and government offices alike. The dawn of personal computers (PCs) in the 1980s and 90s, however, created dramatic financial losses for IBM. As vendors like Compaq, Dell, and HP took over the PC and PC compatible market, IBM shifted toward integrated business solutions, consulting, and research.

    IBM – Investments

    • Stock Symbol: NYSE:IBM
    • IPO Date: Jan 16, 2015

    IBM has made 36 investments. Their most recent investment was on May 21, 2020.

    Date Stage Amount Organization Name
    May 21, 2020 Corporate Round we.trade
    Mar 9, 2020 Series D $25M Lightbend
    Jan 30, 2020 Funding Round $20M Cambridge Quantum Computing
    Dec 11, 2019 Series C $35M Digital Asset
    Nov 3, 2019 Grant $120K Finclude
    May 8, 2019 Grant CA$50K Syngli
    Sep 20, 2018 Grant CA$50K Syngli
    Jul 20, 2018 Grant $140K Borza
    May 1, 2018 Grant Hafnium Labs
    Feb 14, 2018 Grant $120K Datawifi

    IBM – Revenue

    • IBM revenue for the quarter ending September 30, 2020 was $17.560B, a 2.6% decline year-over-year.
    • IBM revenue for the twelve months ending September 30, 2020 was $75.030B, a 2.72% decline year-over-year.

    Year Annual Revenue Percentage change
    2019 $77.147B -3.07%
    2018 $79.591B, +0.57%
    2017 $79.139B -0.98%


    Microsoft Vs. Apple Business Model
    Microsoft and Apple are the two largest companies in the world. The business model of Apple is based on customer-centric devices and innovation. Microsoft’s business spanned across Windows, Office products, Gaming (Xbox), Hardware, Web search engine (Bing), Cloud, LinkedIn, etc.


    IBM – Business Model

    IBM is dedicated to innovate and develop in the fields of mainframe, nanotechnology, personal computers to digital data management, virtualization and cloud services. The IBM business model is based around providing software that allows large corporations to connect their disparate software systems and improve their IT performance.

    So, five different business segments help IBM to channelize its business and they are-

    • Global Technology Services (GTS) – Most of the amazing businesses which are pretty large in the number have to make sure that there are so many different financial services that are present in the company along with some other industries such as the retail, telecommunication, healthcare, and some other things as well. Also, the business model of IBM has a pretty robust and amazing IT infrastructure that would be able to serve the customers to provide some results. The IBM Company is also using such services such as strategic outsourcing, integrated technology, support, Cloud, and other services as well.
    • Global Business Services (GBS) – There are some amazing services which are provided in the GBS and this is something that can be considered as a pretty great advantage for sure.

    A) Consulting: Expertise on business strategy, Technology, Finance, marketing, operation, supply chain, software, systems hardware, global financing.

    B) Application Management Services: It offers application management, support services for packaged software, maintenance, custom and legacy application.

    • Software Services

    The company of IBM is also offering some of the services to the people who need some software assistance as well. There are some operating systems which are provided to the people along with middleware in the best way. The Middleware services that are provided are software layers which will be able to connect all the systems that are provided in the company. There is a standards software platform for the company. These are some services which are provided to the people in the business model of IBM who might need it in the first place to have their solutions for the software related problems.

    • Systems Hardware Services

    To be honest, there are some hardware services that are provided in the business model of IBM as well and these are the services which are going to help people in the hardware front in the best way.

    These are the hardware services which include the amazing system servers along with the storage solutions as well. The business model of IBM also provides some of the best installation services for the people.

    In such services, the people will be provided some help when it comes to the installation of the different hardware products that have a pretty complicated nature.

    These services make such processes pretty simpler for the people and hence are some of the best options for the generation of revenue for the company. The business model of IBM provides much importance to this service.

    • Global Financing

    When it comes to the financing options in the best way, there is simply not a single speck of doubt about the fact that the businesses model of IBM is simply the best option for sure.

    That is because the lease, installment payment options, as well as the loan financing options are the ones that are handled in this front and that too in the best way for sure.

    That is one of the most important reasons why people tend to have so much faith in the business model of IBM. Three key services offered by this segment are client financing, commercial financing re-manufacturing and re-marketing.  

    IBM – Competitors

    • IT Services: IBM’s main competitors are Accenture, Hewlett Packard, and Wipro Technologies.
    • Infrastructure Software: IBM’s biggest competitors are Microsoft, Oracle, and Amazon.
    • Hardware: IBM mainly competes against Oracle, Dell, and HP.
    • Global Financing: IBM competes with numerous small players.

    IBM – Hires Based on Skills and not College-Degree

    As with so many other companies competing for tech talent in a shrinking labor market, IBM is looking for hands-on skill rather than credentials. As more workers continue to pursue self-guided learning, the skills-based model will grow. Boot camp-style immersion programs are gaining momentum across the country.

    Having a four-year college degree is generally regarded as a necessity to score a job in tech. But as the number of tech jobs has climbed, far outpacing the number of applicants, companies like IBM have turned to talent with non-traditional educational backgrounds. With this drastic shortage of tech workers, the company is now focusing on skills-based hiring rather than credentials to fill these roles. Many giant companies like GitHub follows the same procedure. In a  USA Today column, the company’s ex CEO Ginni Rometty explained that not all tech jobs require a college degree. As industries transform, she says, “jobs are being created that demand new skills – which in turn requires new approaches to education, training and recruiting.” These “new collar jobs,” said Rometty, were becoming harder to fill.

    Ginni Rometty, ex-CEO of IBM
    Ginni Rometty, ex-CEO of IBM

    In the U.S. alone, there are more than 500,000 open jobs in tech- related sectors, according to the  U.S. Department of Labor. A recent study by Code.org reports that as many as 1 million programming jobs will be unfilled by 2022.

    “About 15 percent of the people we hire in the U.S. don’t have four-year degrees. There’s an opportunity to broaden the candidates to fill the skills gap,” said IBM’s vice president of talent Joanna Daly.

    In June 2017, the company  announced that it would be partnering with community colleges across the U.S. to better prepare more Americans for “new collar career opportunities.”

    For those who don’t have a bachelor’s degree, Daly says she likes to see hands-on experience and that you’ve enrolled in vocational classes that pertain to the industry you’re applying to.

    “I like candidates who have taken the initiative to learn these skills,” she says. For example, she advises that you take a coding boot camp if you want to work online.

    “Know about the area that you’re applying for,and have a point of view about what we’re doing,” says the HR executive.


    HCL Enterprises: A Case Study
    Hindustan Computers Limited(HCL) is a multinational IT services and consultingcompany headquartered in Noida, Uttar Pradesh, India. HCL is a pioneer of moderncomputing with many firsts to its credit, including the introduction of the8-bit microprocessor-based computer in 1978, well before its glo…


    IBM – Growth

    IBM’s growth has returned in virtually all segments of the company. In 1995, IBM’s sales reached almost $72 billion, up more than 12 percent from 1994. For this, Gerstner(ex-CEO) and his team deserve great credit. Profitability was also up by 42 percent. And shareholders were richly rewarded: earnings per share rose by 44 percent. Even the mainframe market, the heart of IBM in the 1970s and 1980s that critics pronounced dead in the early 1990s, has recovered, with new mainframe computers bringing in substantial profit margins.

    IBM – Future Plans

    Arvind Krishna, the chief executive of IBM said that their goal is accelerating their future and growth strategy.

    He further adds, ” we are focused on accelerating our growth strategy and seizing the $1 trillion hybrid cloud opportunity. As we work toward this goal, two things are becoming increasingly clear. First, we’re seeing a tremendous increase in client demand for our capabilities and expertise. Second, we’re noticing that client buying needs for application and infrastructure services are diverging. Because of this, we have decided that the managed infrastructure services business of our GTS segment will become an independent company, which we’re initially referring to as “NewCo.” We expect the new company to be created sometime toward the end of 2021. IBM will sharpen its focus on its open hybrid cloud platform and AI capabilities. And the new company will focus on delivering managed infrastructure services.”

    He also said that apart from what will change, it is also important that the company emphasizes on what will not change. Both companies are going to share the same DNA. Namely, a deep understanding of how to apply the power of computing, how to solve complex problems, and how to work with customers to develop solutions that make sense in the context of their industries.

    NewCo already serves more than 4,600 clients—including more than 75 percent of the Fortune 100. Its global reach will span 115 countries and include about 90,000 of IBM teammates. NewCo will also have greater freedom to forge partnerships and alliances in the managed infrastructure services space. This will open new avenues for growth. Basically, for both companies, client success will remain their north star.

    IBM – FAQ’s

    What is IBM famous for?

    IBM, in full International Business Machines Corporation, a leading American computer manufacturer, with a major share of the market both in the United States and abroad. Its headquarters are in Armonk, New York.

    Is IBM an IT company?

    IBM is a multinational technology company from the United States that makes and sells software, computer hardware, infrastructure services, and consulting services. IBM is one of the biggest Information Technology companies in the world.

    What is the old name of IBM?

    A merger of three 19th-century companies—the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company of America—creates the Computing-Tabulating-Recording Company (CTR) on June 16, 1911. CTR is the precursor to IBM.

    Did IBM make the first computer?

    The first IBM PC, formally known as the IBM Model 5150, was based on a 4.77 MHz Intel 8088 microprocessor and used Microsoft´s MS-DOS operating system. The IBM PC revolutionized business computing by becoming the first PC to gain widespread adoption by industry.

    What does IBM sell today?

    IBM sells IT services, cloud and cognitive offerings, and enterprise systems and software. The Global Technology Services segment is IBM’s biggest revenue source, but Cloud & Cognitive Software is the most profitable. IBM strives to be a leading provider in the hybrid cloud and AI.

    Who is the new CEO of IBM?

    IBM’s board of directors appointed CEO Arvind Krishna as its chairman, taking over from executive chairman and former chief executive Ginni Rometty.

    IBM – Conclusion

    Although IBM never fully recovered from its business losses, it is still a leader in the IT industry today. It’s home to the largest industrial research facilities in the world, so it makes sense that IBM is still a powerhouse of large-scale business hardware offerings—specifically mainframe computers, servers, and infrastructure. IBM is also competitive in hosting and consulting services, including Platform-as-a-Service (PaaS), Managed Security Services (MSS), and IoT consulting.