IBM The Big Blue is often a name use by many to describe the worlds largest provider ofcomputer of hardware, software, and service. Years ago many said International BusinessCorporation (IBM) wouldnt as prosperous, but who would have said they were wrong. Know one would of forecast the success of IBM. It was obvious that they would besuccessfully because computers are extremely important in todays world.
Withoutcomputers society wouldnt be advance in technology and other areas. Many of IBM customers consist of such companies as insurance companies, airlines,some banks, and many other large corporation. IBM sales consist of programs for largecompanies with enormous computer system which needs software. IBM is also trying to The history of the International Business Machine Corporation began with a 40year-old salesman name Thomas Watson. In 1914 Thomas Watson was a National CashRegister, he was trying to save a company known as the Computing-Tabulating-RecordCompany(C-T-R). At this time he was trying to sell or marketed C-T-RS Hollerithmachine and other tabulators to the US government during WW1.
He wanted to sellpunch cards tabulator. Once he had supplied the US government, with these tabulators, he had triple (C-T-R) revenues to nearly $15 million by 1920. In 1924Computing-Tabulating-Record was change to International Business Machines. IBM thenbegan to take over the worlds market for tabulators, clocks, and electric type writers. By1940 it was the us largest office firms that deals with machines.
There sales had reach $50 In the year of 1944, IBM had perfected the the calculator it was known as HarvardMark I. It was actually a electromechanical calculation. It is said that this was the firstpotentially computers. In 1951 Remington Rands came out with the UNIVAC it beganto replace the IBM machine.
In the 1960s and the 1970s IBM came out quickly and built amarket share near 80%. IBM used its superior marketing. In 1952 Thomas Watson Jr became president and presented its first computer, 701. While Jr was president he introduce the Stretch system, which get rid of vacuum tubes. Also during this time the first family computes, which were called the 360. In 1957 thefirst programming language came, it was called FORTRAN.
and also the first floppy itwas introduce in 1971. IBM then came out with more advance computers such asSystem/38 in 1978 and the AS / 400 in 1988. Once IBM PC came out many otherintroduce their own PC. In 1984 IBM, Sears, and CBS Founded Trintex, which is nowProdigy online service. During 1984 IBM began to have loses because of competion withother companies, even though it had profits of $6. 6 billion, because of competion.
Manyother company such as Rolm telecommunication, Kodak, Lexmark and other companieswhich produce keyboard, printer and other supplies. 1992 IBM set up a European unit tosell low cost clones of its own computers and from a venture with other companies toprepare a voice and data network service. In 1993 IBM enter another joint to developsoftware. During that year Louis Gerstner became IBM CEO. IBM has taken part high competition, low margin PC and storage markets.
And it looksto the interest areas of big computers, semiconductors, software and service for force. In 1994 sold its federal system unit which provide computers service to the government,for 1. 5 billion. IBM then began to produce computer chips. IBM then bought thesoftware Lotus for $3.
5 billion dollars. IBM began to produce computer chips designedIn 1995 IBM bought Lotus spreadsheet software for $3. 5 billion In 1996 IBM bought Tivoli system for $743 million. Since IBM had invested anestimated $1.
2 billion IBM they continue the partnership with Sears and solid prodigy tomanagement and investors for $250 million. During that same year IBM became thelargest to offer health benefits to gay and lesbian workers. In 1997 IBM plans to give 2 for stock split for the first time, since the 1979. This wouldmake IBMs stock more affordable for investors.
When IBM started its series of personal computer, the computer help enforce, softwarecompatibility. Computer made others companies started using the same operating systemas the IBM personal computers so that they run the same programs. The new generation of computer well led to the development of new type of computerwhich would operate much faster and one day it may operate as fast as mainframesBibliography: .