Brief History of IBM

Brief History of IBM
In 1911 IBM was first incorporated in New York as the Computing-Tabulating-Recoding Company.

The company’s history, however, can be traced back to 1890, when the United States was receiving waves of immigrants.

To meet the needs of measuring population the US Census Bureau sponsored a contest to find the most efficient means of tabulating census data.

The contest was won by German immigrant and Census Bureau statistician, Herman Hollerith. Hollerith formed the Punch Card Tabulating Machine Co. in 1896.

In 1911 Hollerith’s company merged with Computing Scale Co. of America and International Time Recording Co. to form Computing-Tabulating-Recording Co.

The company manufactured and sold products ranging from commercial scales and industrial time recorder to meat and cheese slicers, tabulators and punch cards.

In the beginning the company operated in New York City only. Within a short period of time, however, it quickly expanded its office and plants to other parts of New York State, Washington, DC, Ohio, Michigan and Toronto, Canada.

In 1914 Thomas J. Watson joined the company and became the president of the company within eleven months. Under his leadership the company continued to expand its products and services.

At that time the company focused on producing large scales custom built tabulating solutions for businesses.

Within ten years Watson had expanded the company’s business operations to Europe, South America, Asia and Australia and in 1924 the company was renamed International Business Machines Corporation (IBM) to reflect the firm’s worldwide expansion.

IBM refers to the decades between 1939 and 1963 as the ‘Era of Innovation’. During this period the company’s product line expanded significantly.

In 1891 IBM introduced personal computers (PCs) for small businesses, schools and homes. For first time, IBM collaborated with Intel and Microsoft to produce PCs.

In 1985 IBM introduced local area networks (LAN), which permitted PC users to exchange information and share printers and files within a building or complex.

IBM established a foundation for network computing and numerous applications of PCs.

In 1993 Louis V. Gerstner, Jr, a former executive at American Express, Nabisco and McKinsey & Co., joined IBM as CEO. Gerstner emphasized the need to provide integrated solutions for the company’s customers.

He also decided to keep company, together instead of splitting it into separate independent companies.

Today IBM’s strength lies in its combined expertise in solutions, services, products and technologies.
Brief History of IBM
Related Posts Plugin for WordPress, Blogger...

5 Most Popular Posts