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- Led by American capitalist icons Thomas J. Watson, Sr., and Thomas J. Watson, Jr., until the 1970s, the company grew from a pre-World War I conglomeration of companies making tabulating machines and time-keeping devices into a globe-spanning technology behemoth that pioneered the development of electronic computers and dominated the mainframe era.
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John Akers became IBM's CEO in 1985. During the 1980s, IBM's investment in building its research organization produced four Nobel Prize winners in physics, achieving breakthroughs in mathematics, memory storage and telecommunications, and expanded computing capabilities.
3 days ago · During World War II, IBM helped construct several high-speed electromechanical calculators that were the precursors of electronic computers. But the firm refrained from producing these electronic data-processing systems until Watson’s son, Thomas Watson, Jr., became president of the company in 1952 and sponsored an all-out push into that field.
A proud history of building the world’s most powerful computers. These are the stories of the people, innovations and values that have defined IBM for over a century, and the tales of how IBM helped pioneer the information technology industry.
Jun 16, 2011 · The corporation that was famous for business machines set out to become "a world-class services company." At the time, IBM made $6 billion from business services.
- Alexis C. Madrigal
IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR), a holding company of manufacturers of record-keeping and measuring systems. It was renamed "International Business Machines" in 1924 and soon became the leading manufacturer of punch-card tabulating systems.
Jan 29, 2020 · 1981 IBM PC. IBM PC. Mary Bellis. In 1981, the IBM PC iwas built, one of the first computers intended for home consumer use. The IBM PC costs $1,565, and was the smallest and cheapest computer built to-date. IBM hired Microsoft to write an operating system for its PC, which was called MS-DOS.
Under Watson’s leadership, IBM grew to become the most significant player in every stage of the evolution of information technology and developed various philosophies and worldviews that the company retains to this day, including globalism, equal pay for equal work, and the imperative to always think.
