What it Does: In addition to creating and selling computer hardware, software, and middleware, IBM also offers hosting and advisory services in fields including nanotechnology and workstation computers.
Mission: IBM endeavors to advance business, society, and humanity by applying knowledge from science, purpose, and intellect.
Size and Presence: IBM has operations in almost 170 nations and approximately 345,000 staff members globally.
Best Known For: IBM is best known for playing a vital role in research and development, contributing to important technologies including the floppy disc, the hard disc drive, and the UPC barcode.
The Good Bits: IBM has its huge perks of being a century-old technology company such as excellent work culture, working with experts, and getting maximum exposure.
The Not So Good Bits: Salary is low as compared to competitors and career growth is sluggish.
The Computing-Tabulating-Recording Company (CTR), which later became known as "International Business Machines," was established in 1911 in Endicott, New York. With operations in more than 170 nations, IBM is a New York-based corporation.
When IBM and the World Bank entered into a swap arrangement in 1981, financial exchanges were first made available to the general public. When the IBM PC—originally known as the IBM 5150—was unveiled in 1981, it quickly rose to the top of the market. IBM sold Lexmark in 1991. IBM reported an $8 billion loss in 1993, which at the moment was the largest ever recorded in the business world
The corporation decided to purchase Micromuse in the same year that it sold its computer division to Lenovo. The next year, IBM introduced Secure Blue, a low-cost data security hardware architecture that can be integrated into a microprocessor.
Since its inception, IBM has been a business that distinguishes itself by core principles rather than by goods, technology, or industry leaders. Shared values are more important than ever now for businesses, for people, and in the increasing globalized The IBMer is IBM's most valuable asset. Realizing the distinct contribution each person contributes to the workplace, we take pride in the diversity of its workforce. The company thinks that variety in all of its forms should be sought out and encouraged to foster creativity. For the greatest effect on IBM’s clients, co-workers, and the globe, it creates diverse teams and supports varied perspectives.
To acknowledge employee potential and accomplishments, IBM offers several leadership development and recognition initiatives. IBM provides leadership development programs per discipline, such as general management (GMLDP), human resources (HRLDP), and finance (FLDP), for early-career high-potential individuals. Additionally, the business annually chooses 500 IBM workers to join the IBM Corporate Service Corps (CSC), which allows top workers to volunteer for a month in another country.
IBM recruitment process goes through the following four steps:
The average annual salary of a fresh graduate at IBM Singapore is SGD 50,000.
The first official ecological and energy corporate policies of IBM were established in 1971 and 1974, respectively, and since that time, the corporation has integrated corporate-wide activities to support those policies into its worldwide sustainability policy. Through its energy-saving and climate protection activities, IBM has long been a leader in combating climate change.
Survivors of concentration camps launched an Alien Tort Claims Act lawsuit against IBM in U.S. federal court in February 2001. The lawsuit charged IBM with both coverings up the actions of its German subsidiary Dehomag and allegedly supplying the punch card technology that enabled the Holocaust.