IBM: Difference between revisions
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<ref>[http://books.google.com/booksid=K1fXRZIosJMC&pg=PA281&dq=building+ibm+shaping+an+industry+and+its+technology&hl=en&ei=0ruSTfbZAYr6sAOUmdHJCw&sa=X&oi=book_result&ct=bookpreviewlink&resnum=4&ved=0CEsQuwUwAw#v=onepage&q=building%20ibm%20shaping%20an%20industry%20and%20its%20technology&f=false History of Science in the United States:An Encyclopedia]</ref> The punched-card tabulating machine paved the way to the development of computers. Herman Hollerith, founder the Tabulating Machines Company that merged with CTR invented the punched-card tabulator. | <ref>[http://books.google.com/booksid=K1fXRZIosJMC&pg=PA281&dq=building+ibm+shaping+an+industry+and+its+technology&hl=en&ei=0ruSTfbZAYr6sAOUmdHJCw&sa=X&oi=book_result&ct=bookpreviewlink&resnum=4&ved=0CEsQuwUwAw#v=onepage&q=building%20ibm%20shaping%20an%20industry%20and%20its%20technology&f=false History of Science in the United States:An Encyclopedia]</ref> The punched-card tabulating machine paved the way to the development of computers. Herman Hollerith, founder the Tabulating Machines Company that merged with CTR invented the punched-card tabulator. | ||
Because of the diversity of CTR's product line, it was difficult for Flint to manage the business. He hired [[Thomas J. Watson Sr.]] in 1914 as General Manager to help him revitalize the business. Watson aggressively introduced Hollerith's punched card tabulators to the United States government during World War I | Because of the diversity of CTR's product line, it was difficult for Flint to manage the business. He hired [[Thomas J. Watson Sr.]] in 1914 as General Manager to help him revitalize the business. Watson aggressively introduced Hollerith's punched card tabulators to the United States government during World War I. <ref>[http://books.google.com/books?id=TwoBaKMKFvMC&pg=PA123&lpg=PA123&dq=June+16,+1911+flint+IBM&hl=en#v=onepage&q=June%2016%2C%201911%20flint%20IBM&f=false Trouncing the Dow]</ref> During his management the use of accounting machines begin to spread and the company's product line include mechanical key punch,hand-operated gang punch,the vertical sorter and tabulator. Customers increases from rail road, chemical, utilities and insurance companies.<ref>[http://www-03.ibm.com/ibm/history/documents/pdf/1885-1969.pdf IBM Archives]</ref> | ||
Watson was elected President and General Manager of CTR in 1915. He served the company for more than two decades and responsible in transforming CTR as a growing leader in innovations and technology and an emerging multinational company.<ref>[http://www-03.ibm.com/ibm/history/interactive/index.html#/EarlyAmbitions IBM Archives]</ref> | Watson was elected President and General Manager of CTR in 1915. He served the company for more than two decades and responsible in transforming CTR as a growing leader in innovations and technology and an emerging multinational company.<ref>[http://www-03.ibm.com/ibm/history/interactive/index.html#/EarlyAmbitions IBM Archives]</ref> | ||
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==Renaming CTR to IBM== | ==Renaming CTR to IBM== | ||
In 1924, Watson changed the name of the company from CTR to International Business Machines (IBM) Corporation due to the companies global and functionality expansion. During that time IBM has already established three manufacturing companies in Europe.The Electric Accounting Machine and the Carrol Rotary Card Press. Note that prior to renaming CTR's name, the company operated its business in Canada as IBM since 1917.<ref>[http://www-03.ibm.com/ibm/history/history/year_1924.html IBM Archives]</ref> | In 1924, Watson changed the name of the company from CTR to International Business Machines (IBM) Corporation due to the companies global and functionality expansion. During that time IBM's gross income was already $11 million and it has already established three manufacturing companies in Europe. The Electric Accounting Machine and the Carrol Rotary Card Press were also introduced in the market. Note that prior to renaming CTR's name, the company operated its business in Canada as IBM since 1917.<ref>[http://www-03.ibm.com/ibm/history/history/year_1924.html IBM Archives]</ref> | ||
Year after year IBM continue to introduce different product lines, expanded its operation in different countries worldwide and the recorded an continuous increase in earnings. After World War II, the company is already the largest supplier of office equipments in the United States.<ref>[http://books.google.com/books?id=K1fXRZIosJMC&pg=PA281&dq=building+ibm+shaping+an+industry+and+its+technology&hl=en&ei=gKuTTfr0I4mesQO_5OzJBQ&sa=X&oi=book_result&ct=result&resnum=4&ved=0CEUQ6AEwAw#v=onepage&q=building%20ibm%20shaping%20an%20industry%20and%20its%20technology&f=false History of Science in United States: An Encyclopedia]</ref> | |||