Interesting Facts about
IBM: 100 Years of Innovation
It’s rare to last 100
years in a business, but to last 100 years in the technology business is next
to impossible. Well, IBM will officially pull off the impossible in mid-June
when the company celebrates 100 years in business.
When
the company was formed as the Computing-Tabulating-Recording Company (C-T-R) in
1911, its founders probably never dreamed that it would last 100 years. Yet,
when the company was merely 13 years old, its leadership sought a name that
signaled a global presence, so C-T-R became International Business Machines
(IBM) in 1924.
And
IBM has done more than survive—it has thrived. As IBM Senior Vice President and
Group Executive for Software and Systems Steve Mills told eWEEK, IBM is still
standing while former industry darlings—including Digital Equipment Corp.,
Wang, Prime and Data General—have vanished.
IBM
has managed this seemingly impossible feat by adapting to the demands of the
times and adopting new technologies and new approaches to the marketplace. Even
more important, IBM has focused on its customers, Mills said.