Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Mergers and acquisitions research
Background of the IBM
Background of the IBM
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Mergers and acquisitions research
International Business Machines Corporation, better known as IBM, is a corporation that is and always has been based completely around information handling. From their first scales, to the super computers of today, almost all of IBM’s products have been designed and developed to record, process, communicate, store, or retrieve information. IBM has been a leading developer and innovator from the late 19th century up to today.
IBM was officially incorporated in New York City on June 6, 1911 as C-T-R, Computing-Tabulating- Recording Company. However, the true origins of the company can be traced to the 19th century during which several smaller businesses merged to form one large company. During the 1880’s and 1890’s, several small manufacturing companies formed and patents were made including the patent for the first computing scale, tabulator, dial recorder, and Willard and Frick Manufacturing company. Each of these patent creators and manufacturers would later be acquired by IBM in some way. In 1911, Charles F. Flint created the merger of Hollerith’s Tabulating Machine Company with Computing Scale Company of America and International Time Recording Company creating Computing - Tabulating – Recording Company. With their base in New York City, 1,300 employees, and smaller offices and plants in surrounding states C-T-R manufactured and sold machinery including commercial scales, industrial time recorders, tabulators, punch cards, and meat and cheese slicers.
Early on in C-T-R’s life, the 3 merged companies were not getting along. Because of difficulties, founder Charles Flick brought in Thomas J. Watson, former executive of Nation Cash Register Company. Watson turned the company around by promoting good workmans...
... middle of paper ...
...htly, the company was back about 100 billion in the following year.
Works Cited
Ellis, J. (2014, February 22). IBM's Watson (B. Harris, Ed.). Retrieved March
11, 2014, from Wise Geek website: http://www.wisegeek.com/
what-is-ibms-watson.htm
Financials. (n.d.). Retrieved March 11, 2014, from IBM.Com website:
http://www.ibm.com/investor/financials/financial-reporting.wss
IBM Archives [Fact sheet]. (n.d.). Retrieved March 11, 2014, from IBM.com
website: http://www-03.ibm.com/ibm/history/index.html
IBM Summary. (n.d.). Retrieved March 11, 2014, from MSN Money website:
http://investing.money.msn.com/investments/
charts?symbol=US:IBM#{"zRange":"11","startDate":"2006-3-31","endDate":"2014-3-10"
,"frequency":"m","chartStyle":"mountain","chartCursor":"1","scaleType":"0","yaxis
Align":"right","mode":"pan"}
Watson also stressed the importance of the customer, a lasting IBM tenet. He understood that the success of the client translated into the success of his company, a belief that, years later, manifested itself in the popular adage, "Nobody was ever fired for buying from IBM."
The Kroger Co has had an intensive background in retail customer services throughout American Culture. The moving force behind the company has been contributed to Bernard Henry Barney, who invested $372 and
The company of Corning has gotten to the point of its popularity and run-of-the-mill house hold commonness not on pure luck alone but with a plan, a plan for innovation, and inspiration. This plan is known as Corning's Innovation Recipe; The Innovation Recipe was built upon the previous set of values dubbed Total Quality Management by the previous, now retired C.E.O James Houghton of thirteen years. He was much lauded as a great all inspiring man who at a time of great economic distress in which as Roger G. Ackerman puts it “ roughly half of the companies listed on the Fortune 500 fell by the wayside” or in layman's terms half of the big companies had gone bankrupt due to the recession at the time . The recipe is composed of five bullet points of guidance first of which is...
Named after IBM’s first CEO Thomas J. Watson, Watson is a supercomputer able to answer questions posed in natural language. It first became famous in early 2011 for beating a couple of the best players of Jeopardy in a 3 day streak game. He beat Ken Jennings and Brad Rutter, the first had 74 winnings in a row and the second had earned a total of $3.25 million. At the time Watson was about the size of a room. It was hot and very noisy because of the cooling systems. He was represented in the room by a simple avatar. Today, Watson has changed a lot. Now it is more business friendly and has lost a lot of weight. From a Jeopardy winning computer it has become a successful commercialized supercomputer. In the following chapters I will talk about its origins, its actual situation and a little bit about its future.
Naturally, it was singled out for criticism by the entire industry and the government. IBM also attracted anti-trust legislation as a result. IBM lost out once the Personal Computer industry began to boom. It found that the old paradigm of closed proprietary systems applicable to the mainframe business was not relevant to PCs.
In 1953 it was estimated that there were 100 computers in the world. Computers built between 1959 and 1964 are often regarded as the "second generation" computers, based on transistors and printed circuits - resulting in much smaller computers. 1964 the programming language PL/1 released by IBM. 1964 the launch of IBM 360. These first series of compatible computers. In 1970 Intel introduced the first RAM chip. In 1975 IBM 5100 was released. In 1976 the Apple Computer Inc. was founded, to market Apple I Computer. Designed to Stephen Wozinak and Stephan Jobs. In 1979 the first compact disk was released around 1981 IBM announced PC, the standard model was sold for $2,880.00.
Leadership: Terry Leah the CEO of Tesco in 1997 was considered a visionary leader that changed the structure of the Tesco organization A visionary who changed the face of shopping (Alex Brummer 2010). According the article A visionary who changed the face of shopping the leaders at Tesco want to create strong teams and want the employees to be committed to the goals and vision at Tesco. Tesco is focused on providing quality goods and services to customers, but also has developed a workforce by training them to be leaders that will promote teamwork and help ensure that the employees will go the extra mile to help customers. By having employees believe in the values and become better leaders this will create a better place to work where quality service is
IBM is a global information system and computing company. It is organized in 5 worldwide regions, and the following business units:
Know one would of forecast the success of IBM. It was obvious that they would be successfully because computers are extremely important in todays world. Without computers society wouldn’t be advance in technology and other areas.
Let’s take a trip back in time and review the evolution of a computer company. It’s not IBM or Microsoft. This company is Apple Computers, Incorporated. In the year 1976, before most people even thought about buying a computer for their homes. Back then the computer community was only a few nerds building simple computers from hobby kits. When Steve Wozniak and Steve Jobs sold a van and two programmable calculators for thirteen hundred dollars and started Apple Computers, Inc., in Jobs garage, the reach for success seemed far.
In business, the mantra that success comes to those who can recover from setbacks is widespread all over the world. One of the organizations that poignantly illustrate this element is Costco. Costco is a warehouse firm that was founded in 1976 in San Diego. Although many people may envy the company as its owners enjoy huge success in the warehouse and retail industry, what the majority of individuals do not know is that in the first year of operations, Costco lost $750, 000, but after 3 years, the company had $1miilion in profit, 900 employees, and 200000 members. This shows that in business, the strategy can be the difference between success and failure. This essay describes how Costco has undergone evolutionary changes from its inception
Business intelligence is a series of technologies, processes and tools required to convert data into information that is further converted to knowledge and plans respectively that yield profitable business accomplishments. Business intelligence consists of components such as knowledge management, warehousing, data mining, querying, reporting and business analytics. The definition of business intelligence is knowledge acquired about a business via the use of various software and hardware technologies that enable an organization to transform data into information or plans (MÜLLER et al., 2013). Companies and organizations employ business intelligence to cut costs, improve decision-making and in identifying new business ventures. What makes business management special is that it allows the company team to use data strategically in responding ...
1. In general, how did C&C’s first organizational structure contribute to the store managers’ dissatisfaction? C & C Grocery’s initial organizational structure operated under a vertical linkage. Vertical linkage is utilized to “coordinate activities between the top and bottom of an organization and are designed primarily for control of the organization” (Daft,2013)
The computer evolution has been an amazing one. There have been astonishing achievements in the computer industry, which dates back almost 2000 years. The earliest existence of the computer dates back to the first century, but the electronic computer has only been around for over a half-century. Throughout the last 40 years computers have changed drastically. They have greatly impacted the American lifestyle. A computer can be found in nearly every business and one out of every two households (Hall, 156). Our Society relies critically on computers for almost all of their daily operations and processes. Only once in a lifetime will a new invention like the computer come about.
Thousands of years ago calculations were done using people’s fingers and pebbles that were found just lying around. Technology has transformed so much that today the most complicated computations are done within seconds. Human dependency on computers is increasing everyday. Just think how hard it would be to live a week without a computer. We owe the advancements of computers and other such electronic devices to the intelligence of men of the past.