It may shock you to learn that one of the earliest innovators in the field of computing (both for business and personal use) has roots going back much further than you may have suspected, indeed, IBM in its earliest incarnation was established in 1911 Charles Ranlett Flint who bought and merged 3 separate companies and the creations they were in charge of to create C-T-R (Computing Tabulating Recording company).
IBM began establishing itself as a leader in quite a few fields, mainly focusing on building large scale custom tabulating solutions for various corporations but it also produced commercial scales, cheese & meat slicing machines and punch card machines (used to track employee hours).
Through various methods which were considered revolutionary at the time, IBM managed to expand quite rapidly and by the early 1930’s had already opened offices in Europe, Australia, South America and Asia.
IBM continued to make advances into early computing solutions in the 1950’s and is often credited with the creation of multiple advances such as the first self-learning program, the IBM 704 which played checkers and managed to learn from past games and advance.
IBM also provided technical and computing support for most NASA space missions in the late 50’s and throughout the 60’s.
Perhaps the first great advancement in computing came in 1964 when IBM introduced the IBM System/360 which was the first was capable of handling various programs and applications as opposed to a specific computing system for each program/application, the impact on business was immense as it was a tremendous time and space saver and allowed businesses to advance its programs/applications without the need for a new system at every turn.
The second great leap in IBM’s history came in the early 1980’s with the introduction of the IBM PC or IBM 5150 which was its first encroachment into personal computers for the average home user as opposed to the large scale corporation, that computer rapidly became an industry and global standard.
While its worldwide fame and recognition came from personal computers and their applications in modern life IBM itself has been going through a return to its roots (of sorts) in the past few years, shifting more and more of its resources and energy towards corporate, national and global computing solutions, essentially selling off most of its subdivisions and subsidiaries geared towards individuals.
IBM now focuses mostly on research with 12 research labs located globally from Tokyo to Dublin and New York to Nairobi working on fields such as renewable energy, global traffic patterns and agricultural solutions and many other areas.
That new found focus has led IBM to a period of growth which enabled it to surpass Microsoft in market worth and prices.
When trading IBM binary options, there are the usual caveats one has to be aware of as with any other tech based company – earnings reports, purchases of new subsidiaries and selling off of subdivisions as well as technological advancements are all likely to have an impact on the trading of IBM binary options.
However, IBM’s size and focus on national and global projects necessitates the need for added attention to news coming out of those projects or areas/countries housing those projects, as the success or failure of massive projects can have a vast impact on IBM, one only needs to lock as far back as 1993, when the collapse of IBM’s control on the PC market caused it to post the biggest yearly loss ever (at the time) for any company – 8 billion dollars.
Keep your eyes open, your ears to the ground and you may yet need use of IBM’s advanced artificial intelligence system – Watson to figure out possible uses for your money.