IBM: History in a Canadain Persective

Essay by blahmeUniversity, Bachelor'sA+, March 2004

download word file, 19 pages 3.9

Downloaded 203 times

About IBM Corporation

IBM (International Business Machines) is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM invented "e-business" and is the global leader in tailoring e-business solutions for companies of all sizes. They are a multinational corporation whose primary business is in the technology sector. IBM makes desktop and notebook PCs, mainframe and servers, storage systems, and peripherals, among its thousands of products. The company also offers computer services that help customers operate information systems. IBM's alliance with companies of all sizes around the world allows them to compete in almost every market worldwide.

Company Overview

Corporate:

IBM is the world's largest information technology company, as well as the world's largest business and technology services provider ($36 billion);and the world's largest IT financier ($35 billion in assets).

All of IBM's core businesses - from servers to storage systems, to middleware, to services - gained marketshare in 2002.

In 2002, Business Week (with data from Interbrand, Corp. and J.P. Morgan Chase & Co.) ranked IBM the third most valuable brand worldwide, after Coca-Cola and Microsoft.

Forbes Magazine's annual "Super 500" composite ranking of the most powerful companies in the U.S. named IBM the highest-ranking technology industry company on their 'Computers and Electronics' list, and number nine overall. Fortune Magazine's 'Fortune 500,' named IBM the highest-ranking technology company on its 'Computers and Office Equipment' list and number eight overall.

In the Wall Street Journal's eighth annual Shareholder Scoreboard -- which ranked returns for stockholders based on total return -- IBM ranked sixth among 30 DJIA stocks on the basis of five-year-returns.

In Fortune Magazine's 21st annual "Top Ten Most Admired Companies - Computer Industry" list, IBM ranked number one. Ten thousand executives and analysts rated companies based on innovation, financial soundness,