
IBM TURNS 100!
IBM Marks its 100-year Anniversary with a Look at the History of Technology Innovation
June 14th, 2011-IBM is marking the 100-year anniversary of its founding on June 16, 1911. IBM’s inventions are the DNA of today’s technology industry; and the company has also put its fingerprints on major societal advancements from the creation of the Social Security System, and putting a man on the moon, to the invention of UPC codes, online banking and airline reservation systems.
Some key milestones in IBM’s history include:
- IBM is formed under the name Computing-Tabulating-Recording Company (1911)
- Company changes name to International Business Machines (IBM) (1924)
- IBM works with the government at the start of the largest accounting project of all time – Social Security (1935)
- The first magnetic hard disk drive (1956)
- The IBM Selectric Typewriter (1961)
- IBM launches SABRE – the world’s first computerized airline reservation system (1962)
- IBM labs develop magnetic strips for credit cards (1969)
- IBM technology guides the Apollo mission to the moon
- IBM creates the floppy disk (1971)
- The ATM machine (1972)
- UPC bar codes (The first swipe was on Wrigley's Juicy Fruit chewing gum) (1974)
- IBM developed the excimer laser - first tested on Thanksgiving Turkey, and led to LASIK eye surgery (1980)
- The IBM Personal Computer debuts (1981)
- IBM’s DEEP BLUE supercomputer defeats the best chess player in the world (1997)
- IBM invests $1 billion in Linux (2001)
- IBM unveils WATSON the supercomputer that can think! (And win the TV show, Jeopardy!) (2011)
The company's next 100 years will be greatly influenced by Watson — the computer that understands human language and won the TV game show Jeopardy! -- to transform healthcare, banking, customer service and even the way cities operate. Watson could be a physician's assistant in diagnosing disease faster. In banking, it could identify patterns and make financial decisions.