International Business Machines Corporation (IBM) is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries. The company began in 1911, founded in Endicott, New York, by trust businessman Charles Ranlett Flint, as the Computing-Tabulating-Recording Company (CTR) and was renamed "International Business Machines" in 1924. IBM is incorporated in New York.IBM produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization, holding the record for most annual U.S. patents generated by a business (as of 2020) for 28 consecutive years.Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, exemplified by the System/360, was the dominant computing platform during the 1960s and 1970s.
IBM is one of 30 companies included in the Dow Jones Industrial Average and one of the world's largest employers, with over 345,000 employees as of 2020.
1911Jun, 16
IBM founded as the Computing-Tabulating-Recording Company in Endicott, New York.
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Events on 1911
- 14Jan
Amundsen's South Pole expedition
Roald Amundsen's South Pole expedition makes landfall on the eastern edge of the Ross Ice Shelf. - 31May
Porfirio Díaz
The President of Mexico Porfirio Díaz flees the country during the Mexican Revolution. - 24Jul
Machu Picchu
Hiram Bingham III re-discovers Machu Picchu, "the Lost City of the Incas". - 29Aug
Native Americans in the United States
Ishi, considered the last Native American to make contact with European Americans, emerges from the wilderness of northeastern California. - 12Dec
Calcutta
Delhi replaces Calcutta as the capital of India.