INTERNATIONAL BUSINESS MACHINES CORP

International Business Machines Corporation (IBM) was incorporated in New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co., and The International Time Recording Co. of New York. In 1924, C-T-R changed its name to International Business Machines Corporation. IBM focuses on the intersection of business insight and technological innovation, with international operations. The company creates value for clients by helping them use hybrid cloud and artificial intelligence (AI). Its hybrid cloud platform and AI technology support clients' digital transformations, helping them reimagine critical workflows at scale, and modernize applications to increase agility, drive innovation, and create operational efficiencies. IBM's offerings include capabilities in software, consulting services, and mission-critical infrastructure, supported by its research organization. IBM partners with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors, to deliver end-to-end solutions. Strategic partners include Adobe, Amazon Web Services (AWS), Microsoft, Oracle, Palo Alto Networks, Salesforce, Samsung Electronics, and SAP. IBM operates as a globally integrated enterprise in a highly competitive environment, with competitors ranging from large multinational enterprises to smaller, focused entities across its business segments.