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International Business Machines (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.
[a] [9] [10] IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held the record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021.
The roots of today's IBM Research began with the 1945 opening of the Watson Scientific Computing Laboratory at Columbia University. [4] This was the first IBM laboratory devoted to pure science and later expanded into additional IBM Research locations in Westchester County, New York, starting in the 1950s, [5] [6] including the Thomas J. Watson Research Center in 1961.
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By the summer of 1993, the IBM PC Co. had divided into multiple business units itself, including Ambra Computer Corporation and the IBM Power Personal Systems Group, the former an attempt to design and market "clone" computers of IBM's own architecture and the latter responsible for IBM's PowerPC-based workstations. [9] [10]
Products, services, and subsidiaries have been offered from International Business Machines (IBM) Corporation and its predecessor corporations since the 1890s. [1] This list comprises those offerings and is eclectic; it includes, for example, the AN/FSQ-7, which was not a product in the sense of offered for sale, but was a product in the sense of manufactured—produced by the labor of IBM.
The IBM Personal Computer, commonly known as the IBM PC, spanned multiple models in its first generation (including the PCjr, the Portable PC, the XT, the AT, the Convertible, and the /370 systems, among others), from 1981 to 1987. It eventually gave way to many splintering product lines after IBM introduced the Personal System/2 in April 1987.
However, IBM could be a much-better investment than it was over the past decade, and it could even come close to matching Microsoft's robust gains if it plays its cards right.