History Of IBM :: essays research papers fc

IBM- internationalistic Business Machines CorporationHistory Though the building blocks of IBM reach back into the middle 1880s, the company was officially founded in 1911 when Charles F. Flint engineered the merger of Holleriths Tabulating Machine Company, Computing Scale Company of America and International Time Recording Company. The agreed upon build was Computing- Tabulating- Recording Company or C-T-R. C-T-R soon found itself struggling do to over diversification of its product. In 1914 doubting Thomas J. Watson, Sr. was brought in to help equal the company. He succeeded to turn the company around in just 11 months and redirected its focus to producing large-scale, custom-built tabulating solutions for businesses and left the rest of their former endeavors to the competition. Over the next quadruplet years, with Watson at the helm, the companys revenues doubled and expanded operations to Europe, S go forthh America, Asia, and Australia. Over the next decade C-T-R continue d to innovate in their industry and bought out addition companies and patents. This additional growth of the company made the old name too limited for their ambitious pursuits and in 1924 they formally changed the name over to International Business Machines Corporation or IBM. Throughout the Great Depression IBM was able to continue to grow and innovate even when demand for their products began to drop. Because of their build op of data touch on machines IBM won the governments social security act contract in 1935 and became responsible for keeping track of 26 million people, essentially ensuring a strong incoming for the company for at least the next decade.In the 1940s IBM with a joint effort from Harvard University completed the first ever Automatic Sequence Controlled Calculator, too called the Mark I. In the 1950s IBMs computers became smaller and more than practical for business applications such as billing, payroll and inventory control. In the 1960s Thomas J. Watson, Jr took over control of the company from his father and directed into a new more consumer friendly environment. IBM was the first computing company to sell computers without software bundled into the package, this blend would spawn the multi-billion dollar software industry that exist today, of which IBM is still an industry leader.In the 1970s and 80s IBM worked to get the computer smaller and more convenient for the household format. Floppy disks were introduced to the public market as personal self storage devices. IBM also developed the first Intranet in the mid 80s and created the foundations for what would later become the internet.