Contemporary opportunities and problems that confront IBM Company Essay

Contemporary opportunities and problems that confront IBM Company - Essay Example In relation to the study the company which has been selected is the giant company which provides services such as infrastructure hosting as well as consulting services in a wide range of areas including the emerging technologies such as nanotechnology. As a business organization, IBM was founded in 1911 through a merger of three companies and has since then grown to become a market leader in the computing industry. For example, IBM was recently ranked to be the largest U.S firm in terms of its market capitalization and number of employees. The company has however undergone a number of organizational changes since its inception and some of these changes have resulted in new challenges while others have been affected in order to keep pace with the changes in the industry. The growth of IBM as a business organization has been faced with both opportunities and problems in the recent past and even today. The company lacks identity the execution clocks in this successful processor by half reduce the cache size by four or eight times which has made the elimination of l3 cache a problem as well as reduced the problem of reduction of instruction execution width to one. Despite numerous challenges such as increased competition from its market rivals, IBM has continued to refocus its business strategies into taking advantages of the numerous opportunities for growth that have been witnessed in the computing industry. Some the recent key areas of strategic investments for the company include strategic acquisitions, maintaining leadership in technology as well as developing client and industry specific solutions to its growing customer base.