History Of IBM

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Issue:

History

 

Written by:

Elizabeth R

 

Date added:

March 30, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 522

 

Was viewed:

6325 times

 

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Essay content:

C-T-R soon found itself struggling do to over diversification of its product. In 1914 Thomas J. Watson, Sr. was brought in to help homogenize the company. He succeeded to turn the company around in just 11 months and redirected its focus to producing large-scale, custom-built tabulating solutions for businesses and left the rest of their former endeavors to the competition...
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Over the next four years, with Watson at the helm, the company's revenues doubled and expanded operations to Europe, South America, Asia, and Australia. Over the next decade C-T-R continued to innovate in their industry and bought out addition companies and patents. This additional growth of the company made the old name too limited for their ambitious pursuits and in 1924 they formally changed the name over to International Business Machines Corporation or IBM...
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