Strategy Analysis For IBM - Research Paper Example

International business machine or IBM as it is famously known as in the world is one of the fortune 500 companies which remains listed since 1900. IBM is a century old company which completed its hundred years in 2011. The IBM was formed by merging four companies namely Tabulating Machine Company, International Time Recording Company, Bundy Manufacturing Company and Computing Scale Corporation. IBM was incorporated in 1911 as Computing-Tabulating- Recording Company (CTR). Formally the work of CTR was to manufacture and sell machines, tabulators and punch cards which are to be used for the industrial and commercial purpose.

One of the earliest remarkable achievements of IBM was to grow during the great depression of 1930s. Most of the companies during the great depression closed down but IBM not only managed to sustain but also grew in this period. IBM was also one of the earliest companies who provided many employee benefits like paid vacations, group life insurance and survivor benefits. In 1932 it had its own laboratory for doing the research and development activities. Some of its initial inventions are the invention of the automatic sequence calculator and the selective sequence electronic calculator.

The first large computer IBM 701 was made in 1950s. This computer was made on the basis of vacuum tubes. Another major invention of IBM during this era was the invention of FORTRAN. This is a computer language which is based on the rules of syntax, algebra and grammar. With the introduction of the computer language, IBM also manufactured the first magnetic hard disk storage system which was named as RAMAC. During 1980s and 1990s the IBM faced many revolutionary changes with the introduction of the personal computer. . IBM is a century old company which completed its hundred years in 2011.

The IBM was formed by merging four companies namely Tabulating Machine Company, International Time Recording Company, Bundy Manufacturing Company and Computing Scale Corporation. IBM was incorporated in 1911 as Computing-Tabulating- Recording Company (CTR). Formally the work of CTR was to manufacture and sell machines, tabulators and punch cards which are to be used for the industrial and commercial purpose. One of the earliest remarkable achievements of IBM was to grow during the great depression of 1930s.

Most of the companies during the great depression closed down but IBM not only managed to sustain but also grew in this period. IBM was also one of the earliest companies who provided many employee benefits like paid vacations, group life insurance and survivor benefits. In 1932 it had its own laboratory for doing the research and development activities. Some of its initial inventions are the invention of the automatic sequence calculator and the selective sequence electronic calculator. The first large computer IBM 701 was made in 1950s.

This computer was made on the basis of vacuum tubes. Another major invention of IBM during this era was the invention of FORTRAN. This is a computer language which is based on the rules of syntax, algebra and grammar. With the introduction of the computer language, IBM also manufactured the first magnetic hard disk storage system which was named as RAMAC. During 1980s and 1990s the IBM faced many revolutionary changes with the introduction of the personal computer. During the early 2000 IBM recognized the need of information technology and as a result it developed the e servers.

In 2000s IBM also made a number of innovations in the