What is the market in which IBM operates?
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For IBM, discuss:
1) A history of the organization/industry.
2) The market in which the organization/industry operates.
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Solution Summary
This solution discusses the history and market in which IBM operates in 575 words with three references.
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History of IBM
IBM stands for International Business Machines, which is also recognized as the 'Big Blue' because of its official corporate color. It is a multinational Computer Technology and Information Technology consulting corporation. The History of IBM date back from 19th century and is headquartered in Armonk (New York), United States. International Business Machines is into the field of manufacturing and selling the computer hardware and software (About IBM 2009). Apart from this, the company offers services related to the infrastructure, hosting and consulting in the fields varying from mainframe computers to nanotechnology.
IBM was sprang up during the period ranging from 1880- 1924. Initially, the firm was known as 'Tabulating Machine Company' and afterwards, became IBM. In 1896, the corporation was established by Herman Hollerith. In the initial phase, Hollerith focused on reducing the time and complexity required in the tabulation of 1890 Census. In 1886, the transition ...
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