Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
IBM - statistics & facts
From the floppy disk to the ATM, IBM has pioneered a remarkable range of crucial technologies. The firm鈥檚 current operations center on artificial intelligence (AI) and hybrid cloud technologies, with its innovations in these fields backed by research, development, and engineering expenditure of over seven billion U.S. dollars. This investment is fueling IBM鈥檚 recovery after a declining sales through the 2010鈥檚, with the company's revenue almost halving over the course of that decade. Having been defined by its ability to adapt amid the seismic technological shifts of the late twentieth century, IBM is continuing to reinvent itself in a new era of AI-powered technological upheaval.
