IBM @ 100: Still Young and Vibrant

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

IBM @ 100: Still Young and Vibrant

Established in the year 1911, IBM has celebrated the 100-year anniversary of its founding on June 16, 2011. To celebrate the milestone, the company today released a book, "Making the World Work Better: The Ideas That Shaped a Century and a Company", debuted a new film "Wild Ducks" (http://www.youtube.com/watch?v=ksQrJh7s7N0) and marked the anniversary by ringing the Opening Bell at the New York Stock Exchange.

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During its first century, IBM has played a leading role in transforming business, science and society. The company's history can be seen as a succession of key milestones.

Chairman of the Board, President & CEO Samuel J. Palmisano said, "For IBMers, long-term thinking means continually moving to the future, IBM has survived and thrived for 100 years by remaining true to our core values, while being ready to change everything else. This has allowed us to transform technology, business and society through our first century, and we believe it will enable us to achieve even more in our second."

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Shankar Annaswamy, Managing Director, IBM India Private Limited, said, "It has been an exciting journey for IBM in India. Starting with just a small office, we have grown to become a microcosm of the IBM Corporation with presence and leadership across all segments. As we move ahead towards the next century, we will take forward this legacy of innovation and growth and continue to contribute to the economy and society in India."

One of the oldest living IBM alumni, Luis A. Lamassonne, is 105 years old and resides in Miami, Florida. He joined IBM in 1933 and worked at the company for 38 years, rising to become an executive in Latin America. Reflecting on IBM's Centennial today, Lamassonne said, "IBM has always been one of the best companies. The company is special because of the people. I have faith that IBM will survive for many more years, for another century."

IBM India, as part of the centennial celebrations, will align itself to a unique global initiative wherein IBM employees worldwide will significantly increase their service in their local communities. Over 50 per cent of the employees will pledge a minimum of 8 hours of voluntary service each and work with over 100 NGOs engaged in different community programmes.

Additionally, IBM will provide grants worth US$12 million to support the Celebration of Service globally, with a part of this grant being given in India as well. Some of the major community initiatives will be volunteered by IBMers in India.

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