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IBM

In 2019 IBM took the most dramatic step yet in its years-long project of adapting to the fast-changing tech environment. It bought Red Hat, the main distributor of the open-source operating system Linux, paying $34 billion in its largest acquisition ever. But progress on CEO Ginni Rometty’s top priorities—cloud computing, social engagement, mobile devices, and data analytics—remained frustratingly slow. Revenue shrank; IBM’s Fortune 500 rank has declined every year for over a decade. In January 2020 the company announced that Rometty would step down after eight years as CEO, to be succeeded by longtime executive Arvind Krishna, who took over in April.
Courtesy of IBM
Lists ranking IBM
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Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MORE
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World’s Most Admired Companies - 2020For an astounding 13th straight year, Apple claims...READ MORE
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Change the World - 2019These 52 companies from across the globe are doing...READ MORE
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Global 500 - 2019This year's Global 500 generated $27.7 trillion in...READ MORE
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