Thursday 16 June 2011

Happy birthday, dear IBM, happy birthday to you...

Happy birthday to International Business Machines, 100 years young today. It's certainly been a rollercoaster ride to this point, with the company rising from humble beginnings to biggest technology company in the world. Employees winning Nobel Prizes, a pioneering role in both the American New Deal on social security and in civil rights, yet also running into controversy when being accused of providing equipment to Nazi Germany.

From a dominant position, the firm lurched close to disaster in the 1980s when it failed to keep up with others' innovations. But it reinvented itself and once again became a world-leading firm.

What will the next 100 years bring? The company said recently that cloud services, analytics, its Smarter Planet initiative and growth markets will be the four key areas of focus for the near future. 

Things certainly won't be dull. As I write this, speculation is rife about who will succeed CEO, Sam Palmisano, when he turns 60 next month (the typical age of retirement of an IBM CEO). Palmisano has said he's going nowhere but that, of course, won't stop us from speculating. 

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