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IBM has largely retreated from consumer facing ventures but it's still a behemoth. From the start of its Wikipedia page: > IBM is the largest industrial resea
by KK7NIL 2y ago
IBM has largely retreated from consumer facing ventures but it's still a behemoth.
From the start of its Wikipedia page:
> IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held the record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021.
I know that in semiconductors they're still doing bleeding edge R&D which they then try to license to foundries.
Their mainframe business is still doing quite well too.
And I'm sure they're active in many other niches that I know little about.
- marcus0x62 2y agoThey have an absolutely massive consulting/services business (~ $20B/year run rate.)
- coredog64 2y agoKyndryl was spun out of IBM a while back. My cynical take is that the “IBM GS” brand was so toxic this was the only way to continue to sell those billable hours.
- DebtDeflation 2y agoKyndryl was the infrastructure services group (then known as GTS). Consulting is still part of IBM (formerly known as GBS).