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IBM History



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IBM is one of the most prominent names in technology, and it has a rich history. The company was established in 1911. A series of films featuring 100 people highlighting the company's contributions to society marked its centenary. "100 x 100" was directed by influential commercial director Joe Pytka, and "They Were There" was shot by Academy Award-winning documentary filmmaker Errol Morris. Philip Glass was also featured in the film's music.

ibm's Hollerith punch card

IBM's Hollerith punchcard was inspired from a system that was used in textile factories as far back as 1725. Joseph Marie Jacquard used this method later to create a silk portrait. Semen Korsakov, an 1832 inventor of punch cards, used them to store information. IBM's Hollerith punchcard was used to record census data. It would eventually lead the formation of IBM.

The strategic alliance between IBM and Nazi Germany began in early 1933, and the company's subsidiaries contributed to the development of various Nazi-era enabling technologies. To target Jews for annihilation, the German government required a method to identify Jews quickly and accurately. IBM's Hollerith punch-card machines were a critical tool in this process.

ibm's magnetic stripe

IBM's magnetic stripe history begins when an engineer wanted to develop a way to affix magnetic media to plastic cards for storage. His wife suggested a new solution. He had heard of magnetic tape and thought it would be simple to combine them. She suggested melting the magnetic stripse onto the plastic cards. IBM was the first to utilize this technology for commercial purposes.


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The company was looking to develop a system for financial and personal identification. They were looking for a way of decoding personal data to make it easier to access the information. They assembled a team that included researchers to help them develop the system. IBM adopted magnetic stripe technology following the completion of their research and began rolling-out employee ID cards.

IBM's original computer

Arthur Rackham, who was born April 5, 1911, was a major leader in the introduction IBM's computers. He was an entrepreneur, a mathematician, and studied at Drake University and Iowa State College. He was later appointed head of IBM's research-and-development division.


The United States Air Force commissioned IBM to design an electromechanical bombsight. The company was still cautious about electronic computing's future. Tom Watson, Jr., felt then that IBM was not moving fast enough toward electronics. He thought of an electronic computer for scientific computations.

IBM research

The IBM Archives show the company's progress and accomplishments through the years. IBM currently has 195,000 employees and 350 Distinguished Engineers. It also has 60 IBM Fellows. NetObjects Technologies has been acquired by IBM. Many of its products are used in business.

The company's sales rose steadily. It was considered a giant by Wall Street at the time. The company's profits increased by nearly $16billion by 1984. Wall Street's favorite company was IBM Corporation. IBM was also perceived as the only company capable of competing with Japanese companies. It was even the subject of a bestseller.


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IBM's stock purchase program

The IBM Stock Purchase Plan, a retirement plan that allows eligible IBM employees the opportunity to purchase common stock of the company, is called the IBM Stock Purchase Plan. Originally, IBM employees were entitled to 85 percent of a market average price for the first and last business day of the offering periods. IBM modified the terms in 2005. Participants can now buy full or fractional shares IBM stock at a 5 percent discount from the average price on the day.

You can resell shares bought under the Plan at any time. Sometimes, the process can be stopped entirely. These shares can be bought from the open markets or treasury.


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FAQ

What industries use consultants

There are many different types. Some consultants are focused on a specific type of business, others may specialize in multiple areas.

Some consultants are limited to working for private corporations, while others can represent large corporations.

Some consultants can also help businesses all around the globe.


How long does a consultant take?

It depends on the industry and your background. People start work with a few weeks before they find employment.

However, many consultants spend years honing their skills prior to finding work.


What are the benefits of consulting?

Consultants are able to pick when and where they want to work.

This allows you to work wherever and whenever you want.

You can also easily change your mind, without worrying about losing any money.

Finally, you can control your income and set your own schedule.


Are you a consultant?

Consulting is not only a good entry-level job for people looking to make quick money.

Consulting offers various opportunities from project management, business development, strategy, training, and leadership roles. It is possible to work on projects that range from small start ups to large, international corporations.

Consulting offers you the chance to improve and sharpen your skills as well as gain valuable experience across a range industries. This could mean learning to manage teams, negotiate contracts, write proposals, manage budgets, analyze data, create presentations, conduct market research, and much more!


What can I count on from my consultant to help me?

After you have selected your consultant, expect to hear from them within a few business days. They will usually ask for information about your company, including its mission, goals, products, services, budget, etc. They will then send you a proposal that outlines the scope of work and estimates timeframe, fees, deliverables, milestones and other details.

If everything goes as planned, then both parties will agree to a written contractual agreement. The type of relationship between the parties (e.g., employee-employer, independent contractor-employer) will affect the terms of any contract.

If everything goes smoothly, the consultant can begin work immediately. He/she will have immediate access to your internal documents, resources, and you'll be able to access his/her skillset and knowledge.

You shouldn't assume, however, that every consultant is an expert in all areas. It takes practice, effort and practice in order to be an expert in any area you consult. Don't expect your consultant know everything about your company.



Statistics

  • WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
  • According to statistics from the ONS, the UK has around 300,000 consultants, of which around 63,000 professionals work as management consultants. (consultancy.uk)
  • My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
  • "From there, I told them my rates were going up 25%, this is the new hourly rate, and every single one of them said 'done, fine.' (nerdwallet.com)
  • Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)



External Links

blog.hubspot.com


sba.gov


forbes.com


imcusa.org




How To

How to Start a Consultancy Company and What Should I Do First

Starting a Consulting Company is a great way to make money online from home. It doesn't require any prior business experience nor capital. To start your own consulting business, you can build a site. Once you've built a website, you'll want to use social media platforms such as Facebook, Twitter, LinkedIn, Instagram, Pinterest, YouTube, etc... to get the word out about your services.

You can create a marketing strategy that includes these things with these tools

  • Content creation (blogs).
  • Establishing connections (contacts)
  • Generating leads (lead generation forms)
  • Selling products online

After you have developed your marketing strategy, it's time to find clients willing to pay for your services. Some prefer to connect with people through networking events. Others prefer to use online resources like Craigslist and Kijiji. The choice is up to you.

After you have found new clients, it's important to discuss terms and payment options. You can discuss hourly rates, retainer agreements, flat fees, and other options. So that you are able to communicate clearly during the entire process, it is important to understand what you expect from a client before you accept them.

An hourly agreement is the most common contract for a consulting service. In this case, you agree to provide certain services at a fixed rate each month or week. Based on the service you provide, you might be able to negotiate a discount based on the length of your contract. Make sure you understand what you are signing when you accept a contract.

Next, create invoices and then send them to clients. Invoicing can seem simple until you try it. You have many options to invoice your clients. Some prefer to send their invoices directly by email, while others prefer to print and mail hard copies. No matter what you do, make sure it works!

After creating invoices are complete, you will need to collect payments. PayPal is popular because it is easy to use, offers several payment options, and most people prefer it. You can also use Square Cash, Square Cash (Google Wallet), Square Cash, Square Cash, Apple Pay and Venmo as payment processors.

Once you are ready to start collecting payments, it is time to open bank accounts. Having separate checking and savings accounts allows you to track income and expenses separately. Setting up automatic transfers into your bank account is also helpful when paying bills.

Although it can seem daunting when you first start a business as a consultant, once you get the hang of it, it will become second nature. You can read our blog post to learn more about how to start a consultancy business.

You can make extra money by starting a consulting company without worrying about staff. Consultants can work remotely so they don't have the hassle of dealing with office politics and long working hours. Since you are not tied down by regular working hours, you have more flexibility than a traditional employee.




 



IBM History