What does IBM mean?

What does IBM mean?

International Business Machines Corporation ( IBM) is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries.

What are the key facts of IBM?

IBM was founded in 1911. IBM operates in more than 175 countries across the globe and has over 400,000 employees. IBM has five business segments: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems Hardware, and Global Financing. IBM collectively calls GBS and GTS as Global Services.

What is the IBM business model?

IBM business model involves selling of IT hardware, software, and services to businesses across industries all over the globe. The key revenue and cost elements of IBM business model are summarized in the diagram below.

What are the key changes to IBM’s organization structure?

IBM announced a number of changes to its organization structure during its investor briefing on February 25, 2016. These changes support the IBM transformation into a cognitive solutions and cloud platform company. The key changes are summarized below. The software segment will no longer exist as a stand-alone unit.