IBM (International Business Machines Corporation) is a multinational technology company that provides hardware, software, and services to businesses, governments, and individuals around the world. The company was founded in 1911 as the Computing-Tabulating-Recording Company (CTR) through a merger of four companies and was renamed IBM in 1924.
IBM’s early products included punched card equipment, which it supplied to businesses and government agencies for data processing. Over time, the company expanded into other areas such as mainframe computers, personal computers, software, and services. IBM’s mainframe computers were once the dominant computing platform for large organizations, and the company remains a major player in the enterprise software market.
In recent years, IBM has focused on cloud computing, artificial intelligence, and blockchain technologies, among other areas. The company has also been undergoing a transformation under the leadership of CEO Arvind Krishna, who has sought to streamline IBM’s operations and refocus the company on growth areas.