IBM - IBM Is A Sleeping Giant Can It Wake Up?

2024-07-04 08:27:39 ET

Summary

• IBM has a long and storied history of being on the cusp of technology and the frontiers of AI research.
• Many people remember Deep Blue's chess victory or Watson's Jeopardy! victory, but few people know about the current frontier they are on, Granite.
• IBM is a "sleeping giant," with a lot of potential and have been shoring up cash recently on slimming down their business.
• A move toward AI and integrating watsonx into Granite is a positive catalyst.

Introduction

International Business Machines Corporation ( IBM ), colloquially "Big Blue" to old timers, and "IBM" to everyone Gen X forward, is one of the oldest software companies in the world. It began as a merger of several corporations back in 1911, which became known as the Computer-Tabulating-Recording Company, or the "CTR Corp.," which was later changed to IBM in 1924.

It's always exciting to get to write about a company older than my grandparents....

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