IBM

History of IBM

Founder : Thomas. J. Watson on June 16, 1911

HQ : Armonk, NY

CEO : Ginni Rometty

Origin

Initially started by Charles Ranlett Flint as Computing – Tabulating – Recording Company in 1911 which manufactured and sold various machineries like punched cards, tabulating machines, and even meat and cheese slicers etc. On Feb 14, 1924 C-T-R was renamed as International Business Machines (IBM).

In 1957, IBM developed FORTRAN (FORmula TRANslation).

Logo

IBM’s current 8-bar logo was designed by Paul Rand in 1972.

Nickname

Big Blue

One of the story behind this name is that it was coined by IBM field representatives in 1960s, referring to the colour of the mainframes installed by IBM in 1960s and 70s.

Another story is that business writers coined the name from the term “True Blue” which was used to describe a loyal IBM customer.