IBM has continually shifted business operations aimed at focusing on higher-value, more profitable markets. The IBM mainframe, exemplified by the System/360, was the dominant computing platform during the 1960s and 1970s. Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). patents generated by a business (as of 2020 ) for 28 consecutive years. IBM is also a major research organization, holding the record for most annual U.S. IBM produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. The company began in 1911, founded in Endicott, New York by trust businessman Charles Ranlett Flint, as the Computing-Tabulating-Recording Company (CTR) and was renamed "International Business Machines" in 1924. International Business Machines Corporation ( IBM) is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries.
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