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IBM 100

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IBM

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.

For more information please visit the IBM Centennial press kit: http://www-03.ibm.com/press/us/en/presskit/32887.wss

For additional downloadable images please visit: http://www.flickr.com/photos/ibm_media/sets/72157625911829938/

 

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