IBM Consulting
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Company type | Division ofIBM |
---|---|
Industry | Information technology consulting Outsourcing |
Founded | June 16, 1991 |
Headquarters | Armonk, New York,U.S. |
Key people | Arvind Krishna, Mark Foster, Chairman John Granger, Senior VP Kelly Chambliss, SVP & COO |
Parent | IBM(1991–present) |
Website | ibm |
IBM Consulting,rebranded in 2021 fromIBM Global Business Services,is the professional services and consulting arm ofIBM.[1]It provides services to companies, global government organizations,non-profitsandNGOs.
It has approximately 160,000 employees[2]globally, with capabilities spanning strategy andmanagement consulting,experience design, technology andsystems integration,and operations.
History
[edit]IBM's early involvement in IT services can be traced back to the mid-seventies and its Data Processing Support Services (DPSS) division. At the time, the company was under regulatory pressure to unbundle its support services from the sale of hardware. Additionally, with the launch of its early teleprocessing and database products, such as CICS and IMS, many customers could acquire the expertise needed to build their applications only through hiring consulting services directly from IBM.
Later, in 1989, Eastman Kodak Company and IBM completed an agreement by which IBM designed, built and managed a new state-of-the-art data center forKodakinRochester,New Yorkunder the brand name ISSC, Integrated Systems Solution Corporation.
Also in 1989, IBM introduced Business Recovery Services, an offering that enables a business to continue operations in the event of an unplanned outage or disaster.
In 1992, the company formed IBM Consulting Group, as a new management consulting organization with service lines in Business Transformation and IT Strategy Consulting.[3]This initiative was led by Robert M. Howe, IBM vice-president and general manager of IBM Consulting Group.[4]The group was rebranded to IBM Business Innovation Services in 2001,[5]and then IBM Business Consulting Services. As the management consulting became more entangled with more technology delivery, the integrated organization became known as IBM Global Business Services.
In 2002, IBM acquired themanagement consultingand technology services arm ofPricewaterhouseCoopers,[6]around the same time some otherBig Fouraccounting firms were selling off their consulting arms (this was in order to avoid conflicts of interest in light of theSarbanes-Oxley Act). PwC's consultancy business was sold to IBM for approximatelyUS$3.9 billion in cash and stock. This nearly doubled the number of consultants within IBM Global Services, adding 30,000 consultants in 52 countries.
In 2016, IBM announced its planned acquisition ofPromontory Financial Groupin September 2016 and completed the transaction in November 2016.
In October 2021, IBM Global Business Services was renamed IBM Consulting after the spin-off of IBM's Global Technology Services division intoKyndryl Holdings.[7][8]
Organizational structure
[edit]IBM Consulting has three main divisions:
- Business Transformation Services
- Cybersecurity Services
- Hybrid Cloud Services
Acquisitions
[edit]Over the years of its operating, IBM Consulting acquired numerous formerly independent consulting companies:
- PricewaterhouseCoopers (PwC) Consulting, 2002[9]
- Bluewolf, 2016
- Resource/Ammirati, 2016
- Promontory Financial Group,2016
- TruQua, 2020[10]
- 7Summits, 2021[11]
- BoxBoat, 2021[12]
- SXiQ, 2021[13]
- Sentaca, 2022[14]
- Neudesic, 2022[15]
- Dialexa, 2022
- Octo, 2022
- Apptio, 2023
See also
[edit]References
[edit]- ^"IBM Global Business Services rebrands as IBM Consulting".consulting.us.Retrieved9 December2021.
- ^"IBM 2022 Annual Report"(PDF).IBM. 2023-03-09.
- ^"IBM Archives: History of IBM, 1992".IBM. 2003-01-23. Archived fromthe originalon December 7, 2004.
- ^Howe, Robert M (1983). "Message from the IBM Vice-President and General Manager, IBM Consulting Group".IBM Systems Journal.32(1): 1.doi:10.1147/sj.321.0000.
- ^Rothenberg, Matthew."IBM Business Innovation Services".Baseline Magazine.Retrieved1 October2012.
- ^Shankland, Stephen."IBM grabs consulting giant for $3.5 billion".CNET.Retrieved2020-01-29.
- ^Osman, Riaz."IBM Global Business Services renamed IBM Consulting".Retrieved8 December2021.
- ^Foster, Mark."Meet IBM Consulting".ibm.com.IBM.Retrieved8 December2021.
- ^"IBM to acquire PwC Consulting for $3.5 billion, 2002".ComputerWorld. 2002-07-30.
- ^"IBM to Acquire SAP Consulting Partner TruQua, 2020".IBM. 2020-11-16.
- ^"IBM Acquires 7Summits to Drive Digital Transformations for Salesforce Clients, 2021".IBM. 2021-01-11.
- ^"IBM to Acquire Premier Hybrid Cloud Consulting Firm, 2021".IBM. 2021-07-08.
- ^"IBM Acquires Hybrid Cloud Consulting Business in Australia, 2021".IBM. 2021-11-30.
- ^"IBM Takes on the 5G Era with Acquisition of Sentaca, 2022".IBM. 2022-02-01.
- ^"IBM Acquires Neudesic, Leading Microsoft Azure Consultancy, 2022".IBM. 2022-02-15.