IBM is a cornerstone of U.S. business that is best known for its software, cloud computing services, and consulting. Incorporated in 1911, International Business Machines, as it is formally known, has ridden the many waves of innovation over the decades, from early technology such as tabulating machines and time clocks used by workers to punch in for the day, to today’s artificial intelligence. As of 2024, it was among just a few dozen companies that have made the Fortune 500 in every year since the list’s inception in 1955. IBM is headquartered in Armonk, N.Y.
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