IBM (International Business Machines Corporation), founded in 1911 as CTR and headquartered in Armonk, New York, runs substantial operations in India across Bengaluru, Mumbai, Pune, and Hyderabad. IBM India, set up in 1992, offers cloud computing (IBM Cloud), AI (Watson and watsonx), automation software (Maximo, Turbonomic), cybersecurity (QRadar), and enterprise hardware (IBM Z, Power servers, FlashSystem storage). It serves banking, automotive, healthcare, and manufacturing customers, employs roughly 100,000 people in India, and contributed to global revenue of $61.86B in FY 2024. The company filed more than 3,200 patents in 2024 and leads in AI and quantum computing through IBM Quantum. Its 2019 acquisition of Red Hat and partnerships with AWS and Microsoft bolster its hybrid-cloud and AI strategy.
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