International Business Machines Corp (IBM) is a provider of information technology (IT) products and services. The company produces and sells system hardware and software, and offers infrastructure, hosting, and consulting services. IBM’s product portfolio includes analytics, artificial intelligence (AI), automation, blockchain, cloud computing, IT infrastructure, IT management, cybersecurity, and software development products. The company also offers services such as cloud, networking, security, technology consulting, application services, business resilience services, and technology support services. It serves the automotive, banking and financial markets, electronics, energy and utilities, healthcare, insurance, life sciences, manufacturing, metals and mining, retail and consumer products, and telecommunication industries. The company has operations in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. IBM is headquartered in Armonk, New York, the US.
Headquarters
United States of America
Address
1 New Orchard Rd, Armonk, New York, 10504
Website
www.ibm.com
Telephone
1 914 4991900
No of Employees
311,300
Industry
Technology and Communications
Ticker Symbol & Exchange
IBM (NYSE)
Revenue (2022)
$60.5B
5.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-71.5%
(2022 vs 2021)
Market Cap*
$130.5B
Net Profit Margin (2022)
XYZ
-72.9%
(2022 vs 2021)
* As of and is in US$
International Business Machines Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Servers and Systems: | IT | Watson |
| AMD Processor-based Servers | Business Continuity and Resiliency | IBM |
| Cluster Systems | 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 |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company entered into a partnership with Swift to enable organizations to leverage the latest technology advancements and stay ahead in the rapidly evolving payments landscape. |
| 2023 | New Products/Services | In September, the company launched a new DNS-based service to control connectivity between distributed multi-cloud environments. |
| 2023 | Others | In September, the company, the Infocomm Media Development Authority, HTX (Home Team Science and Technology Agency), Singapore Civil Defence Force and StarHub announced a new 5G project that will enable SCDF frontliners. |
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 | 311,300 | 1,461,000 | 181,798 | 221,000 | 133,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arvind Krishna | Chairman; Chief Executive Officer | Executive Board | 2020 | 60 |
| Gary D. Cohn | Vice Chairman | Executive Board | 2021 | 62 |
| Kathryn Guarini | Chief Information Officer | Senior Management | 2021 | - |
| Jonathan H. Adashek | Chief Communications Officer; Senior Vice President - Marketing and Communication | Senior Management | 2022 | - |
| Sebastian Krause | Chief Revenue Officer; Senior Vice President | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward