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The 3800 is the first commercial printer to combine laser technology and electrophotography. The technology speeds the printing of bank statements, premium notices, and other high-volume documents, and remains a workhorse for billing and accounts receivable departments. [194] 1977: Data Encryption Standard. IBM-developed Data Encryption ...
IBM was founded in 1911 as the Computing-Tabulating-Recording Company ... Net income (US$ bn) Employees 2014 92.7 12.0 379,592 2015 81.7 13.1 377,757 2016 79.9
Thomas J. Watson. Thomas John Watson Sr. (February 17, 1874 – June 19, 1956) was an American businessman who was the chairman and CEO of IBM. [1] [2] He oversaw the company's growth into an international force from 1914 to 1956. Watson developed IBM's management style and corporate culture from John Henry Patterson's training at NCR. [3]
How IBM is flipping the switch on pension plans. IBM ( IBM) contributes 5% of an employee’s salary to the accounts, which provide a 6% guaranteed, tax-deferred return for the first three years ...
December 2004 – Acquisition of the IBM PC business by Lenovo: Lenovo acquires 90% interest in IBM Personal Systems Group, 10,000 employees and $9 billion in revenue. April 3, 2006 – Web analytics provider Coremetrics acquires SurfAid Analytics, a standalone division of IBM Global Services.
All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2021 [6] unless otherwise specified. As of 2021, Fortune lists Amazon (revenue of $386.064 billion), Jingdong ($108.087 billion), and Alibaba ($105.865 billion) in the retailing sector rather than the technology sector. [3]
www .gerstner .org. Louis Vincent Gerstner Jr. (born March 1, 1942) is an American businessman, best known for his tenure as chairman of the board and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes around. [ 1][ 2]
The purpose of the income statement is to show managers and investors whether the company made money (profit) or lost money (loss) during the period being reported. An income statement represents a period of time (as does the cash flow statement ). This contrasts with the balance sheet, which represents a single moment in time.