IBM facts for kids
Logo since 1972, designed by Paul Rand
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Trade name
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IBM |
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Formerly
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Computing-Tabulating-Recording Company (1911-1924) |
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| Industry | Information technology |
| Founded | June 16, 1911 (as Computing-Tabulating-Recording Company) Endicott, New York, U.S. |
| Founders | Herman Hollerith Charles Ranlett Flint Thomas J. Watson, Sr. |
| Headquarters | 1 Orchard Road, , |
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Area served
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177 countries |
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Key people
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| Products | Automation Robotics Artificial intelligence Cloud computing Consulting Blockchain Computer hardware Software Quantum computing |
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| Services |
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| Revenue |  US$60.53 billion (2022) |
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Operating income
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 US$1.78 billion (2022) |
| US$1.63 billion (2022) |
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| Total assets | US$127.24 billion (2022) |
| Total equity | US$22.02 billion (2022) |
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Number of employees
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288,300 (December 2022) |
| Subsidiaries | List of subsidiaries |
International Business Machines Corporation (often called IBM) is a big company from the United States. It creates and sells software, computer hardware, and special services for technology. IBM is one of the largest Information Technology companies in the world. For many years, IBM has held the most patents among technology companies.
IBM is one of the oldest and biggest technology companies. It has created many important inventions. These include the automated teller machine (ATM), the floppy disk, and the hard disk drive. Other inventions are the magnetic stripe card and the UPC barcode. IBM also helped create the SQL programming language.
Today, IBM works on advanced computer chips and quantum computing. They also focus on artificial intelligence and managing data. Many IBM employees have won major awards for their scientific work. These include six Nobel Prizes.
IBM is sometimes called Big Blue. This nickname comes from its blue logo and company colors. It is one of the 30 companies in the Dow Jones Industrial Average. IBM is also one of the world's largest employers. In 2016, it had almost 380,000 employees.
History of IBM
IBM started in 1911. Its first name was the "Computer Tabulating Recording Company." A man named Charles Flint helped set it up. Back then, there were no modern computers. So, the company made other machines, like typewriters.
In 1924, the company changed its name to International Business Machines (IBM). In 1937, the United States government used IBM's machines. They helped record information about Americans. This data was used to create a new law called the Social Security Act.
During World War II, IBM made guns for the American army. In the 1960s, IBM computers were important for American space exploration. From the 1980s until 2005, IBM made personal computers. In 2005, IBM sold its personal computer business. It was bought by a Chinese company called Lenovo.
Today, IBM mainly creates software. It also builds very powerful supercomputers. On April 7, 1964, IBM announced the IBM System/360. This was a new family of computers. It allowed companies to easily upgrade their systems. They did not have to rewrite their computer programs. This made it easier for businesses to grow.
The IBM System/370 followed in 1970. These systems made the IBM mainframe very popular. They became the main type of computer used in many industries.
What IBM Makes and Does
IBM offers many different products and services. As of 2016, these include cloud computing and cognitive computing. They also work with commerce, data and analytics. IBM is involved in the Internet of Things and IT infrastructure. They also provide mobile technology and security solutions.
Images for kids
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NACA researchers using an IBM type 704 electronic data processing machine in 1957
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IBM guidance computer hardware for the Saturn V Instrument Unit
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IBM inventions (clockwise from top-left): the hard-disk drive, DRAM, the UPC bar code, and the magnetic stripe card
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IBM CHQ in Armonk, New York in 2014
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Pangu Plaza, one of IBM's offices in Beijing, China
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Blue Gene was awarded the National Medal of Technology and Innovation in 2009.
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IBM Q System One (2019), the first circuit-based commercial quantum computer
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The Thomas J. Watson Research Center in Yorktown Heights, New York, is one of 12 IBM research labs worldwide.
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IBM Fellow Benoit Mandelbrot discusses fractal geometry, 2010.
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IBM ads at John F. Kennedy International Airport, 2013
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New IBM employees being welcomed to a bootcamp at IBM Austin, 2015
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Employees demonstrating IBM Watson capabilities in a Jeopardy! exhibition match on campus, 2011
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See also
In Spanish: IBM para niños
