IBM (International Business Machines Corporation) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company, it adopted the IBM name in 1924. Operating in over 175 countries, IBM offers services in cloud computing, AI, quantum computing, and consulting. Key products include IBM Cloud, Red Hat OpenShift, and the Watsonx AI platform. Under CEO Arvind Krishna, IBM has invested significantly in AI and hybrid cloud solutions, including a $34 billion acquisition of Red Hat in 2019. As of 2024, IBM employs approximately 270,300 people worldwide and is publicly traded on the NYSE under the ticker symbol IBM.