IBM the little-known beginnings of a century-old company.
Although IBM may not hold the same dominant position that once made it a subject of anti-trust scrutiny in the late 1970s, it continues to be a significant force in our industries.
It's remarkable to consider that the brand is marking its 100th anniversary, tracing its origins back to the Computing-Tabulating-Recording Company (CTR), established by financier Charles R. Flint ("The father of Trusts"), who was a holding company for four amalgamated manufacturers :
Located in Endicott, New York, CTR initially employed 1,300 people and produced a diverse range of products, including employee time-keeping systems, weighing scales, automatic meat slicers, and punched card equipment.
In 1924, CTR was renamed International Business Machines Corporation (IBM).
This merger also marked the start of the career of the man who would undoubtedly forge IBM's power: Thomas J. Watson.
Charles R. Flint, struggled to manage its companies and hired Thomas J. Watson as general manager in 1914.
Watson became president in 1915 and doubled revenues to $9 million in four years.
Under Watson, IBM dominated the tabulating machine market, leading to a first federal antitrust suit in 1952.
By Watson's death in 1956, IBM had $897 million in revenues and 72,500 employees.
And it was his son and successor, Thomas J. Watson Jr., who fully brought the company into the world of computing, with the success we all know."
IBM's entire commercial history would require a book to cover comprehensively. However, let's focus on its technological influence and the innovations that impact our daily lives.
Many among the younger generations are unaware of IBM's past influence, the extent of animosity it faced due to its remarkable success, and the significant contributions the company has made to innovation : ????????-????????, ????????????-????????, ??-??????, ????????, ?????? ??????????????, ??????????????, ????????????????-????????, ??????, ???????????????????? ????????????????, ?????? ...
And this doesn't even include the multitude of ?????????? ???????????? and ???????????? ????????????.
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Furthermore, IBM R&D continues to be a leader in numerous fields, including contemporary advancements in quantum computing.
And even today, it is one of the companies producing the most patents every year.
Ultimately, regardless of individual opinions about this company, it remains an influential force to which 'IT owes a great deal'.
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