Wantstats
Company ProfilePremium

International Business Machines Corporation

Company Profile Analysis

Book DemoRegister Your Interest
ESOMAR 23 Corporate BadgeISO Certifications Badge
International Business Machines Corporation - Healthcare showcase

Year Founded & Workforce

1911

288,300 Employees

Industry

Healthcare

Services

Healthcare Big Data AnalyticsPublic Cloud MarketBusiness Process Automation
I

International Business Machines Corporation Employee Contacts

We don't hold contact details for this company yet — you can request them.

Request Employee Contacts

International Business Machines Corporation Overview

Company Headquarters: US

Founded: 1911

Workforce: ~2,88,300

Company Working: International Business Machines Corporation (IBM) is a technology company. The Company segments include Cloud & Cognitive Software, Global Business Services (GBS), Systems and Global Financing. The Cloud & Cognitive Software Solutions segment delivers integrated and secure cloud, data and artificial intelligence (AI) solutions to its clients. It comprises three business areas: cognitive applications, cloud & data platforms, and transaction processing platforms. The GBS segment provides consulting, business process and application management services. The Global Financing segment is engaged in financing, which is primarily conducted through IBM Credit LLC, and remanufacturing and remarketing. The Systems segment provides clients with infrastructure platforms to help meet the requirements of hybrid multi-cloud and enterprise AI workloads. It also provides telco consulting services and solutions to help communications service providers (CSP) and media on multiple cloud platforms. Geographically, the company classifies its operations into three segments, namely, the Americas, Europe, the Middle East & Africa, and Asia-Pacific.

Strategy

IBM primarily aims to increase its business productivity by building partnerships with tech giants and exploring the untapped market as a part of its inorganic growth strategy. It mainly focuses on innovation with constant reinvention and transformations and aims to provide specific and customizable solutions as per the client's needs. It also focuses on enhancing cognitive solutions and software solutions simultaneously to offer cloud applications and offer new levels of innovations.

Company Snapshot

$55,180M

Revenue

288,300

Employees

1911

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Extensive regional presence and R&D locations worldwide
  • Large and well-trained workforce
  • High customer satisfaction
  • Diversified business

Weaknesses

  • Fluctuating financial performance
  • Concentrate primarily on large enterprises

Opportunities

  • Demand for innovative and differentiated solutions
  • Mergers & acquisitions, enabling innovation and improvement of its market position

Threats

  • Stringent regulatory regulations
  • Increasing competition in the market

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Key Developments

DateApproachDevelopment
January 2022AcquisitionIBM and Francisco Partners, a leading global investment firm, signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business. This acquisition will help Francisco Partners provide innovative products and solutions to the healthcare ecosystem.
May 2023LaunchIBM launched IBM Hybrid Cloud Mesh; a SaaS product helps organisations manage their hybrid multicloud architecture. IBM Hybrid Cloud Mesh is intended to streamline the process, administration, and observability of application connectivity between public and private clouds, allowing modern businesses to efficiently manage their systems across hybrid multi-cloud and diverse environments.
June 2022CollaborationThe United Nations Capital Development Fund (UNCDF) collaborated with IBM to reduce the digital skills gap by providing digital learning to youth and women in the framework of the UNCDF's Digital Futures project. IBM helps to execute Digital Futures by offering digital and workforce skills training to schools and job seekers through the IBM SkillsBuild project.
June 2021AgreementSsquad inks a multimillion-dollar agreement with IBM to supply digital workplace solutions. IBM employs Ssquad's services to offer infrastructure support to one of its important retail clients as part of the seven-year agreement. Ssquad offers digital workplace and infrastructure support services to an unnamed IBM customer as part of the agreement.

Product Offering

  • International Business Machines Corporation
    • Healthcare Big Data Analytics
    • Public Cloud Market
    • Business Process Automation

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 55.2 Mn in 2020 to USD 60.5 Mn in 2022.
International Business Machines Corporation — By Business Segment
Series (USD Mn)202020212022
Sales55.257.460.5

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.

Get Contacts →