NYSE:IBM
IBM is an integrated technology company providing data, information technology, and deep expertise in industries and business processes. It is a huge global company which can be gauged from the fact that 47 of the Fortune 50 companies depend on the IBM Cloud. IBM has a global presence, operating in more than 175 countries. The company has quickly become a critical partner for various industries. It provides the necessary software that primarily runs mission-critical systems in industries such as banking, airlines, and retail. IBM provides integrated solutions and platforms to its clients. The company’s major operations consist of five business segments: Cognitive Solutions (23% of 2018 revenues), Global Business Services (21%), Technology Services & Cloud Platforms (43%), Systems (10%) and Global Financing (2%). IBM was one of the first players to launch AI for business into the mainstream with the introduction of its Watson platform in 2014. The platform is very versatile and is the most trusted AI for businesses.