This year, IBM will celebrate a remarkable milestone - its 100th anniversary as a corporation! Over the past century, technology, business and the systems that run them have undergone accelerating change. Countless technology companies have come and gone. Meanwhile, IBM came into being, grew, thrived, nearly died, transformed itself and is now charting a new path forward for its second century of shaping technology, business and the way the world literally works.
A man named Charles R. Flint started IBM in 1912. Charles finalized a merger between the Tabulating Machine Company, the Computing Scale Corporation, and the International Time Recording Company. These three companies were consolidated and renamed the Computing Tabulating Recording Corporation (CTR for short).
In 1924, the residing president of CTR, Thomas J. Watson, Sr. renamed the company, the International Business Machines company (IBM for short). It was his opinion that CTR simply was not a strong enough name to best represent the company or the direction in which the company was heading. Thomas Watson, Sr. took IBM to the next level. He was IBM's first president and remained so until 1952, in which his eldest son Thomas J. Watson, Jr. took over.
This year IBM set its 2015 roadmap that will deliver $20 billion in revenue growth for the company in the next five years. Take a look at the past and see the evolution.