International Business Machines Corp - Company Profile
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International Business Machines Corp (IBM) is a provider of global hybrid cloud and AI, and consulting solutions and services. The company develops system hardware and software, and offers infrastructure, hosting, and consulting services. IBM’s key areas include analytics, artificial intelligence, automation, blockchain, cloud computing, IT infrastructure, IT management, cybersecurity, and software development. The company also offers cloud, networking, security, technology consulting, application services, business resilience services, and technology support services. It serves automotive, banking and financial markets, electronics, energy and utilities, healthcare, insurance, life sciences, manufacturing, metals and mining, retail and consumer products, travel, and telecom industries. The company’s business operations span the Americas, Europe, the Middle East, Africa, and Asia-Pacific. IBM is headquartered in Armonk, New York, the US.
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Products and Services
Products | Services | Brands |
---|---|---|
Storage Networking SAN64B-6 | IT | Watson |
TS2270 Tape Drive | Business Continuity and Resiliency | IBM |
Storage Networking b-type Gen 7 directors | Data Center Services | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company entered into an agreement to acquire HashiCorp for US$6.4 billion. |
2024 | Plans/Strategy | In April, the company announced its plans to invest US$730 million for the expansion of its semiconductor packaging and testing facility located in Bromont, Quebec, Canada. |
2024 | Corporate Changes/Expansions | In April, the company launched Cloud Multizone Region in Montreal, Quebec, Canada. |
Competitor Comparison
Key Parameters | International Business Machines Corp | Amazon.com Inc | Alphabet Inc | Microsoft Corp | Dell Technologies Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Armonk | Seattle | Mountain View | Redmond | Round Rock |
State/Province | New York | Washington | California | Washington | Texas |
No. of Employees | 305,300 | 1,525,000 | 180,895 | 221,000 | 120,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Arvind Krishna | Chief Executive Officer; Chairman | Executive Board | 2020 | 61 |
Gary D. Cohn | Vice Chairman | Executive Board | 2021 | 63 |
James J. Kavanaugh | Chief Financial Officer; Senior Vice President - Finance and Operations | Senior Management | 2018 | 57 |
Jonathan H. Adashek | Senior Vice President - Marketing and Communication; Chief Communications Officer | Senior Management | 2022 | - |
Robert D. Thomas | Senior Vice President - Software; Chief Commercial Officer | Senior Management | 2023 | 49 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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