International Business Machines Corporation

International Business Machines Corporation

Logo since 1972, designed by Paul Rand
Trade name	IBM
Type	Public
Traded as	NYSE: IBM DJIA component S&P 100 component S&P 500 component
ISIN	US4592001014
Industry	Information technology
Predecessors	Bundy Manufacturing Company Computing Scale Company of America International Time Recording Company Tabulating Machine Company Computing-Tabulating-Recording Company
Founded	June 16, 1911 (1911-06-16) (as Computing-Tabulating-Recording Company) Endicott, New York, U.S.
Founder	Herman Hollerith Charles Ranlett Flint Thomas J. Watson, Sr.
Headquarters	Armonk, New York , U.S.
Area served	177 countries
Key people	Arvind Krishna (Chairman & CEO) Gary Cohn (Vice Chairman)
Products	Automation Robotics Artificial intelligence Cloud computing Consulting Blockchain Computer hardware Software Quantum computing
Brands	IBM Cloud IBM Cognos Analytics IBM Planning Analytics SQL Watson Information Management Software SPSS ILOG Tivoli Software WebSphere alphaWorks Mashup Center PureQuery Fortran IBM Quantum Experience Mainframe Power Systems IBM storage IBM Q System One (Full List)
Services	Outsourcing Professional services Managed services
Revenue	US$60.53 billion (2022)
Operating income	US$1.78 billion (2022)
Net income	US$1.63 billion (2022)
Total assets	US$127.24 billion (2022)
Total equity	US$22.02 billion (2022)
Number of employees	288,300 (December 2022)
Subsidiaries	List of subsidiaries

Headquartered in Armonk, New York, International Business Machines Corporation (IBM) is a global provider of integrated solutions and services. The company's operations are divided into four primary segments: Software, Consulting, Infrastructure, and Financing.

The Software segment specializes in hybrid cloud platforms and a suite of software solutions, including Red Hat's enterprise open-source solutions. It offers business automation, AIOps, integration and management tools, and application servers. Furthermore, this segment provides solutions for data and artificial intelligence, and an array of security software and services catering to threat, data, and identity management. Notably, it also delivers transaction processing software, playing a crucial role in the mission-critical and on-premise workloads of banking, airlines, and retail sectors.

IBM's Consulting segment is focused on facilitating business transformation. It provides strategic services, business process design, operations, data and analytics, and system integration services. Additionally, it offers technology consulting and application, along with cloud platform services.

The Infrastructure segment delivers both on-premises and cloud-based server and storage solutions tailored to clients' mission-critical and regulated workloads. It also offers support services for hybrid cloud infrastructure and provides remanufacturing and remarketing services for used equipment.

Finally, the Financing segment assists clients by providing a variety of services such as lease financing, instalment payment options, loan financing, and short-term working capital solutions.

Team

Senior Leadership

Arvind Krishna - Chief Executive Officer / Chairman

Arvind Krishna is known for his strong leadership and technical expertise in the industry. Having joined IBM in 1990 and having has held various key roles within the company, Krishna has showcased his dedication and commitment to IBM's growth and success.

Krishna possesses a highly academic background, holding a Bachelor of Technology degree in Electrical Engineering from the Indian Institute of Technology, Kanpur, and a Ph.D. in Electrical Engineering from the University of Illinois at Urbana-Champaign. His academic prowess has been complemented by his forward-thinking vision, enabling him to stay at the forefront of technological innovations.

Krishna has been instrumental in shaping IBM's technology and cloud strategies. He played a crucial role in the company's acquisition of Red Hat, a major player in the open-source software and cloud computing space, which was a pivotal move to solidifying IBM's cloud computing capabilities.

As the CEO of IBM, Arvind Krishna has faced the ever-changing landscape of the technology industry head-on. He has focused on strengthening IBM's position as a leader in hybrid cloud solutions and artificial intelligence, while also driving initiatives in quantum computing and other emerging technologies.

Under his leadership, IBM has pursued a more client-centric approach, aiming to provide businesses with innovative solutions tailored to their specific needs. Additionally, Krishna has been an advocate for diversity and inclusion within the company, emphasising the importance of a diverse workforce to drive innovation and creativity.

Gary Cohn - Vice Chairman

Gary D. Cohn is a prominent American business leader and investor who has previously held the position of Director of the U.S. National Economic Council, where he gained international recognition for his expertise in financial markets, the global economy, economic policy, and U.S. politics.

Currently, Mr. Cohn serves as the Vice Chairman of IBM, collaborating closely with the company's Executive Leadership Team to drive various business initiatives and external engagement efforts. His responsibilities encompass areas such as business development, public advocacy, and client relationship management.

From 2017 to 2018, Mr. Cohn was Assistant to the President for Economic Policy and Director of the National Economic Council. During this time, he notably served as the chief economic advisor to the U.S. President.

Before his tenure in the White House, Mr. Cohn had a distinguished career at The Goldman Sachs Group, Inc. where he held the position of President and Chief Operating Officer from 2006 to 2016. During his time at Goldman Sachs, he assumed various leadership roles and served as a member of the firm's Board of Directors and Chairman of the Firm-wide Client and Business Standards Committee.

Jonathan Adashek - CCO / Senior Vice President: Marketing and Communications

Jonathan Adashek is a seasoned communications and marketing executive with a wealth of experience in the technology and automotive industries. He has held various senior leadership positions throughout his career and was appointed IBM's head of Marketing in January 2022.

Adashek's educational background includes a solid foundation in marketing and communications alongside a Bachelor of Arts degree in Political Science from the University of Wisconsin-Milwaukee. He has been recognised for his strategic thinking, creative storytelling, and ability to navigate complex business challenges.

As IBM's Chief Communications Officer, Jonathan Adashek was responsible for overseeing the company's global communications and public relations efforts. His role involved developing and executing communication strategies to enhance IBM's brand image, strengthen its market position, and effectively engage with stakeholders, including clients, employees, investors, and the general public.

Under his leadership, IBM's communications team focused on promoting the company's strategic initiatives, technological innovations, and contributions to various industries. Adashek's expertise played a significant role in managing the company's reputation and handling communication during important events, product launches, acquisitions, including the separation of Kyndryl in 2021.