Build your professional network on facebook via our app Go to app
 
 
 
Functional Area : Success Stories
Activity:  3 comments  109 views  last activity : 06 18 2011 07:13:14 +0000
Share
 
 
 

IBM Turns 100: Will Other Tech Companies Last That Long? IBM reached an impressive milestone. The open secret behind the success is planning, commitment. I feel IBM was devoted to business development instead of doing business.

IBM has been around 100 years, but can Apple, Google, Microsoft, and tech giants go for a centennial?

 Top Comment : S. Muralidharan   | 06 18 2011 04:38:50 +0000
Good post Mr. Sreenivas. No one can have cake-walk in technology space, including IBM. How IBM struggled in 80s, you know, please read an article by Mr.Shayne Nelson, Data Warehouse Architect: "During the Eighties IBM had plenty of time to regret its decision to publish the BIOS of the XT PC. This decision created a prosperous industry of clone-builders, and led to a wonderful flourishing of inventiveness and ingenuity as geniuses world-wide began cutting off a slice of the growing PC market for software and hardware, but all this money was going into non-IBM pockets. IBM PCs TOO SLOW? Ironically, IBM found itself unable to compete effectively in its own market. As a conservative company, it had always opted for SAFE over FAST, RELIABLE over FLASHY, and this cost IBM plenty of sales. The clone-builders lost no time bringing out faster machines than you could buy from IBM, often at prices below those of IBM's slow machines, and ran away with a large share of PC sales. Would your rather have a slow machine with IBM on the front of it or a fast machine with COMPAQ on the box? Most people wanted the faster machine, especially when it was cheaper than IBM's hardware. IBM looked at Apple, prospering with its proprietary and secret operating system, (Apple had earned over a billion dollars in 1982!) and had second thoughts about its own generosity in making public the secrets of the XT's design. Well, it's never too late, IBM decided, and in 1986 closed down production of its line of AT computers and announced a new line of PCs featuring IBM's new MICROCHANNEL architecture." By the end of the Eighties, IBM had, for the first time in its seventy-year history, finished a year in the red, and was forced to lay off staff. The Microchannel strategy had been IBM's Waterloo. Tail between its legs, IBM backed out of a dead-end street of its own making, and quietly rejoined the open-standard industry to which it had given birth in 1980. Within a few years of the launch of Microchannel, IBM woke up from the Microchannel mirage and began offering PS desktop machines which looked like the Microchannel machines but which, under the hood, used the old, public domain, XT/AT architecture. IBM even repented to the extent of putting much better monitors on its PCs, and people began to buy them once again.
 
TrackBack URL:
3 comments on "IBM Turns 100: Will Other Tech Companies Last That Long???"
  Commented by  Muhammed jabir rifai, Graduate in Mechanical Engineering    | 06 18 2011 07:13:14 +0000
Rating : +1 
It's great & good to hear as well. It was not a surprise since IBM was the one who brought computer to the mainstreams. It will be a tough task for the tech giants to last this long in this most happening and most competitive days.
  Commented by  AMISH, Admin/Facilities Manager, VKVC    | 06 18 2011 07:12:17 +0000
Rating : +3 
Brand has survived, not the company or the management. Remember it was taken over by Lenovo recently - a chinese firm? And for any brand to achieve a 100 years of survival takes a lot of input in terms of value and innovations. IBM seems to have done just that. Ask to your questions regarding whether MS, Google or Apple can reach such milestones, why not. All these companies are known for their adaptability and speed of response while in crises. So I do not think why they should not make it. 
  Commented by  S. Muralidharan, Head, Project Planning/Strategy, Knowledge Foundation    | 06 18 2011 04:38:50 +0000
Rating : +1 
Good post Mr. Sreenivas. No one can have cake-walk in technology space, including IBM.  How IBM struggled in 80s, you know, please read an article by Mr.Shayne Nelson, Data Warehouse Architect:
"During the Eighties IBM had plenty of time to regret its
decision to publish the BIOS of the XT PC. This decision
created a prosperous industry of clone-builders, and led to a
wonderful flourishing of inventiveness and ingenuity as
geniuses world-wide began cutting off a slice of the growing
PC market for software and hardware, but all this money was
going into non-IBM pockets. IBM PCs TOO SLOW?


Ironically, IBM found itself unable to compete effectively in
its own market. As a conservative company, it had always
opted for SAFE over FAST, RELIABLE over FLASHY, and this cost
IBM plenty of sales. The clone-builders lost no time
bringing out faster machines than you could buy from IBM,
often at prices below those of IBM's slow machines, and ran
away with a large share of PC sales. Would your rather have
a slow machine with IBM on the front of it or a fast machine
with COMPAQ on the box? Most people wanted the faster
machine, especially when it was cheaper than IBM's hardware.

IBM looked at Apple, prospering with its proprietary and
secret operating system, (Apple had earned over a billion
dollars in 1982!) and had second thoughts about its own
generosity in making public the secrets of the XT's design.
Well, it's never too late, IBM decided, and in 1986 closed
down production of its line of AT computers and announced a
new line of PCs featuring IBM's new MICROCHANNEL
architecture."

By the end of the Eighties, IBM had, for the first time in
its seventy-year history, finished a year in the red, and
was forced to lay off staff. The Microchannel strategy had
been IBM's Waterloo.

Tail between its legs, IBM backed out of a dead-end street of
its own making, and quietly rejoined the open-standard
industry to which it had given birth in 1980. Within a few
years of the launch of Microchannel, IBM woke up from the
Microchannel mirage and began offering PS desktop machines
which looked like the Microchannel machines but which, under
the hood, used the old, public domain, XT/AT architecture.
IBM even repented to the extent of putting much better
monitors on its PCs, and people began to buy them once again.
Add your comment on "IBM Turns 100: Will Other Tech Companies Last That Long???"

Rate:
Submit
A specialist Career platform with opportunities in Life Science Sector
Agronomist, A leading European Agribiotech giant, Raipur,Jabalpur, Trichy
Research Scientist
Development Manager - Food Solutions
Viewers also viewed
YES vs NO
 
28 referals 8 arguments, 281 views
All the existing private sector insurance companies are into losses and the losses are...
 
69 referals 62 arguments, 2590 views
The second, or preliminary, estimate of GDP for the second quarter was left unchanged from the...
 
25 referals 11 arguments, 269 views
more...  
Recent Knowledge (104)
What is stopping you from getting what you want in life? Your friends? Your family? A sense that...
 
419 referals 20 comments, 493 views
  A day after he resigned, Santosh Sarode (31), a software engineer, allegedly strangled his...
1600 referals 32 comments, 1538 views
Self -Realization  Desire is the root of all knowledge, action and thinking. It is the cause of...
 
200 referals 41 comments, 672 views
more...  
More From Author
Trust gone, UPA's defeat in next poll is inevitable. In the life cycle of elected governments, a time comes when the public support decisively swings from one of enjoying inherent trust to one in which people have lost implicit trust. In case of...
Adopting to the technology is the only way to overcome and safeguard from Frauds. Few years back it was very difficult to trace any theft or any criminal offence. Now a days the invisible eyes (CC TV's) are watching and recording everything. Technology...
I feel for any Business positive commitment is important than any other. Sales and marketing are routine activities for in Business. IBM successfully completed it's 100 years in Business. But if you compare the fanfare of IBM with others... Google,...
more...