International Business Machines (IBM), a publicly owned company founded in 1911, is headquartered in the United States. Employing over 531,190 people, IBM's primary business is providing enterprise and telecoms software and related professional services and IT solutions. In 2024, the company reported revenues exceeding $1 billion.

2024 Revenue

Founded

1911

Headcount

531,186

Headquarters

US

Primary Segment

Enterprise and telecoms software

Ownership

Publicly Owned

Deployments

68

News Summary:

Kyndryl, a company that separated from IBM in 2021, partnered with WPP’s VML to improve customer experience capabilities. Separately, Martin Jetter, a former IBM senior vice president and former chair of Deutsche Boerse, was appointed chair of the Swiss non-profit SCION on an unspecified date. Jetter, who had been a member of SCION's advisory board since 2022, succeeded Lothar Thiele. On August 14, 2025, Robots & Pencils announced Patrick Higgins as its new Chief Revenue Officer. Higgins brings experience from IBM. Finally, Jazz appointed Shahzad Rasheed as president of its Enterprise Solutions business, effective August 18, 2025; Rasheed previously held senior positions at IBM and Cisco.

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IBM offers 8 products in the telecoms tech, enterprise tech, media tech and connectivity and cloud industries. IBM's product portfolio comprises of enterprise and telecoms software, media cloud and storage, generative AI, enterprise cloud, video business systems, broadcast professional services and content supply chain.
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IBM's revenues were $62.8B in 2024. Caretta Research has split IBM's revenue into 8 different product categories, the largest of which is bSS/OSS, which represents 86% of IBM's revenue.
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IBM's customers primarily consist of manufacturing, iT Services and IT Consulting and banking companies. Examples of IBM's customers include AB InBev, Banco Bradesco and Tech Mahindra. IBM has commercial and technical partners like Palo Alto Networks, LTIMindtree and Veritone. IBM has suppliers like MediaMath.

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