International Business Machines (IBM), a publicly owned company founded in 1911, is a provider of professional services and information technology (IT) solutions. Headquartered in the United States, IBM employs over 531,190 people and reported revenues exceeding $1 billion in 2024. Its primary offering is enterprise cloud services.

2024 Revenue

Founded

1911

Headcount

531,186

Headquarters

US

Primary Segment

Enterprise cloud

Ownership

Publicly Owned

Deployments

67

News Summary:

IBM CEO Arvind Krishna advocated for Washington to hold AI companies accountable for the harms caused by their technology, acknowledging IBM's potential legal exposure. This statement, reported by Politico this week, suggests a shift in the AI regulation debate. IBM's risk profile, however, is considered lower than that of companies like OpenAI, as IBM primarily develops AI models for other businesses. Separately, IBM announced new collaborations with NVIDIA, focusing on integrating NVIDIA's AI Data Platform to improve enterprise data utilization for generative and agentic AI workloads. In other news, LatAm Airlines Group partnered with IBM to enhance its cybersecurity using IBM's AI-powered security services to automate processes and improve threat detection and response. IBM's research indicates that AI-driven security reduces incident response times and attack lifecycles.

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IBM offers 7 products in the enterprise tech, media tech and connectivity and cloud industries. IBM's product portfolio comprises of generative AI, media cloud and storage, broadcast professional services, content supply chain, video business systems and enterprise cloud.
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IBM's revenues were $62.8B in 2024. Caretta Research has split IBM's revenue into 7 different product categories, the largest of which is data harmonisation and management, which represents 100% of IBM's revenue.
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IBM's customers primarily consist of banking, iT Services and IT Consulting and manufacturing companies. Examples of IBM's customers include Banco Bradesco, Tech Mahindra and AB InBev. IBM has commercial and technical partners like Veritone, Palo Alto Networks and LTIMindtree. IBM has suppliers like MediaMath.

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