Wednesday, October 23, 2019
Ibm International Business Machines Essay
International Business Machines (IBM) is the worldââ¬â¢s top provider of computer hardware. It has 80 years of leadership in helping business innovate. IBM alliance with the companies of all sizes around the world and compete almost in every market worldwide. The company makes desktop and notebook PCs, mainframe and servers, storage systems, and peripherals, among its thousands of products. IBM is also one of the largest providers of both software and semiconductors. With the help of the partnership, the company become leading providers of the e-business solution world widely designed specific solution to meet the needs of companies of all sizes. According to IBM ââ¬Ës mission statement, the marketplace is on the top of IBMââ¬â¢s principles. ââ¬Å"The marketplace is the driving force behind everything we do.â⬠The second principle is related to technology. ââ¬Å"At our core, we are a technology company with an overriding commitment to quality.â⬠With these missions, the company had an alliance with dozen of high-tech companies worldwide. The company made its constant effort to keep up with the fast-moving competitors. In the year 2002, IBM reorganized its hardware business; the company had merged its desktop and laptop operations. IBM utilizes the services of both Sanmina-SCI and Solectron by acquired manufacturing facilities from IBM. It had also formed a joint venture with Hitachi to combine its disk drive operation. In the software business, IBM is the second largest provider after Microsoft. The acquisitions of Lotus Development and Tivoli in the early move enabled IBM to become a pioneer in server operating system software. IBM is expanding its software operation to e-commerce infrastructure by purchasing the database operations of Informix (2001) and application integration products from CrossWorlds Software (2002). It also has plans for the acquisition of development tool maker Rational Software. In the third principle of IBMââ¬â¢s mission statement, it is stated that the companyââ¬â¢s primary measures of success are customer satisfaction and shareholderââ¬â¢s value. The company had made consistent progress in meeting customer satisfaction. In 1998, IBM had established the E-Team that provides public agencies and corporations with the most highly evolved enterprise-level collaborative software. E-team enables customers to prepare better, respond faster, and recover sooner whenever health and safety, the environment, and public or business assets are at risk. Recently, the company had announced the delivery of the first industry standard interface for the IBM Enterprise storage Server. It is designed to help customers efficiently manage storage systems in a multi-vendor storage network. In late January, the expanding relationship between IBM and Siebel Systems was designed to help the business improve the quality of their customer transactions while reducing the cost of ownership. In committing to improve the value of shareholder, the IBM board of directors recently declared a regular quarterly cash dividend of $.15 per common share. It is to be recorded on February 10 and payable on March 10. In the companyââ¬â¢s philosophy, the basic value is stated in the next principle: ââ¬Å"We operate as an entrepreneurial organization with a minimum of bureaucracy and a never-ending focus on productivity. The companyââ¬â¢s vision is included in the 5th and 6th principle: ââ¬Å"We never lose sight of our strategic vision, we think and act with a sense of urgency.â⬠In recent times, IBM, the information technology group, had just implemented its strategic vision for the competitive advantage in its market place. Which is announcing the launch of its engineering and technology services business unit in Europe. The unit, part of IBMââ¬â¢s global services division, will offer technology-orientated outsourcing and consulting services to a range of industrial clients in such sectors as aerospace, automotive and defense. This unit is steered by a 100-strong team of engineers and scientists based in Mainz, Germany, will be responsible for the European, Middle Eastern and African markets. In the last two principles, the company believes that its employees are the valuable assets. ââ¬Å"Outstanding, dedicated people make it all happen, particularly when we work together as a team.â⬠ââ¬Å"We are sensitive to the needs of all employees and to the communities in which we operate. IBMââ¬â¢s successful is composition with the outstanding persons. Many of IBM former employees had become successful entrepreneur. Coastal Federal, the stateââ¬â¢s second-largest credit union with $1.3 billion in assets and 12 branches statewide. Coastal Federal is a great example. Founded 35 years ago by former IBM employees, Coastal Federal may be one of the few lending institutions statewide that could deploy this technology without criticism. About 48,000 of Coastalââ¬â¢s 118,000 members are past or present IBM employees (and their relatives). Many of them are computer programmers and software developers accustomed to dealing with remote delivery systems. A branch with remote tellers usually employs one-half to one-third the number of employees that a conventional branch does, according to Diebold. Six people work at the Coastal Federal branch at North Pointe, compared with 12 to 17 people at one of the credit unionââ¬â¢s regular branches. It took Sharon Lyons, a retired IBM employee and Coastal Federal customer, fewer than three minutes to deposit a check with the remote teller. Marc Quinn, Vice President of American Technology is another great example of outstanding former IBM employee. He joined AmTech from C.E. Unterberg Towbin, where he spent the past two years as a senior equity salesman and was recognized as one of the firmââ¬â¢s top producers. He started his career on Wall Street with Kaufman Bros., applying his 15 years of technology experience with IBM. At IBM, Marc was recognized as one of the top salesman within the Finance and Insurance Industry Verticals. IBM is always imaged as one of the worldââ¬â¢s leading companies in terms of societal and environmental concerns. According to the recent news, IBM, United Devices and Accelrys will team with leading researchers and the Department of Defense on a Gild computing project aimed at finding a cure for smallpox. In addition, IBM will also help The Chemicals Sector Cyber-Security Information Sharing Forum to speed development and execution of industry benchmarks for cyber-security. In comparison with the Johnson and Johnson credo, IBM set the priority to the marketplace while Johnson and Johnsonââ¬â¢s first credo is customer. IBMââ¬â¢s second principle is emphasis in technology. In the other hand, Johnson and Johnson highlight in supplies. IBM weight the customer satisfaction same as shareholderââ¬â¢s value. In contrast, Johnson and Johnson weight them in the two ends. The only common principle that they treated the same is the environment. By reading the articles in the newspaper and the internal resources, IBM had made the constant effort and continous improvement in meeting the principles on its mission statement. IBM had become a worldwide successful high technology company. Its hardware and software operation is ever expanding. IBM had always innovate new strategic to assist its customers in cutting cost and improving the quality of transaction. The company declared the dividend quarterly to its shareholders. The company also playing an important role in social and environment concern by assist the Department of Defense in finding a cure for smallpox and give help in speed development for cyber-security. IBM is very successful in serving its hardware and software services industry worldwide.
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