The above graph represents IBM Revenue worldwide, by year. In 2018, IBM posted $79.59 billion in revenue, globally. That’s a negligible 0.6% YoY increase.
It was 2008 when IBM’s revenue clocked over $100 billion for the first time in its history, clocking $103.6 billion, globally. After 3 years, in 2011, IBM recorded its all-time high revenue of $106.9 billion, worldwide, with a significant 7.1% YoY growth. Since then it has been either declining or stagnating.
In 2011, IBM had achieved one more milestone. After 15 years, it was the first time when IBM became the world’s second most valuable brand with a market valuation of $214 billion, beating Microsoft’s market valuation of $213.2 billion.
IBM: Additional Information
IBM (International Business Machines Corporation) is an American multinational information technology company, headquartered in Armonk, New York.
In 1911, IBM was founded by Thomas J. Watson at Endicott, New York, as the Computing-Tabulating-Recording Company (CTR). Later in 1924, the company was renamed “International Business Machines” (IBM). As a globally integrated enterprise, the company currently operates in more than 175 countries. As of 2018, the number of employees in IBM/wholly owned subsidiaries crossed 350,000.
The company’s business model is built to support two principal goals: helping enterprise clients to move from one era to the next by bringing together innovative technology and industry expertise, and providing long-term value to shareholders.
IBM’s business segments include Technology Services & Cloud Platforms, Cognitive Solutions, Global Business Services, Systems & Technology, Global Financing and others.
In 2018, for the 26th consecutive year, IBM was awarded more U.S. patents than any other company. IBM’s 9,100 patents awarded in 2018 represent a diverse range of inventions in strategic growth areas for the company. Of the 9,100 patents granted to IBM in 2018, more than 1,600 were related to AI and 1,400 to cybersecurity – more than any other company in either area.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.