International Business Machines (IBM) is a multinational technology company that was founded on June 16, 1911. It has a long and storied history in the technology industry and is recognized as one of the pioneers in computing and information technology. IBM's primary focus is on providing advanced technology solutions and services to businesses and organizations worldwide.
IBM offers a wide range of products and services, including hardware, software, cloud computing, artificial intelligence, and analytics. The company is known for its mainframe computers, which have been a key component of large-scale enterprise computing for many decades. Additionally, IBM develops and sells software solutions for various industries, such as healthcare, finance, and supply chain management.
IBM has played a significant role in shaping the technology landscape over the years. It has been at the forefront of innovation, introducing breakthrough technologies and advancing the field of computing. Some notable contributions by IBM include the development of the magnetic stripe card, the floppy disk, and the relational database management system (DB2).
The company went public on November 15, 1916, and has been listed on the New York Stock Exchange (NYSE) under the ticker symbol "IBM" since then. Going public allowed IBM to raise capital and expand its operations. Throughout its history, IBM has undergone several transformations and adapted to the changing technology landscape to stay relevant and competitive.