IBM (NYSE: IBM) is an American technology company founded in 1911 as the Computing-Tabulating-Recording Company and renamed International Business Machines in 1924. It sells hybrid cloud and enterprise software — including Red Hat's 📝open-source platforms and the watsonx 📝artificial intelligence portfolio — alongside IT consulting and infrastructure such as IBM Z mainframes and Power servers. Its customers are mostly large enterprises and governments, particularly in banking, insurance, healthcare, and the public sector.
IBM dominated corporate computing for much of the twentieth century, from punched-card tabulators to the System/360 mainframe family launched in 1964. Its 1981 IBM PC set the standard for personal computers, but licensing the operating system from 📝Microsoft and sourcing processors from 📝Intel let clone makers capture much of that market. Its research drew public attention through Deep Blue's 1997 chess win over Garry Kasparov and Watson's 2011 Jeopardy! victory. Since the 2000s it has shed commodity businesses — selling its PC division to Lenovo in 2005 and spinning off its managed-infrastructure unit as Kyndryl in 2021 — while buying Red Hat for $34 billion in 2019 and HashiCorp for $6.4 billion in 2025. Under CEO Arvind Krishna, it competes with Microsoft, 📝Amazon's AWS cloud, and 📝Accenture across hybrid cloud, AI, and consulting, and invests heavily in quantum computing.
IBM is on the short list of places our team has played in the past, as the 📝One Inc About page puts it — part of the Fortune 1000 experience behind the methods we build with today.