Founded in 1911, International Business Machines Corporation (IBM) is an information technology (IT) company. It holds more than 3,000 security and risk management patents and maintains one of the world's largest comprehensive threats and vulnerabilities databases. The company provides an array of solutions for several industries, such as aerospace and defense, banking, consumer products, electronics, health care, media and entertainment, retail, education and government. IBM's solutions are used for business intelligence, content management, enterprise resource planning, information integration and security. It also offers IT services, business consulting, software and application services and asset recovery. The company manufactures a variety of computer systems, software, servers, semiconductors, printing and storage systems, as well as other accessories and parts. Its global financing segment provides commercial financing to dealers and remarketers of IT products; lease and loan financing to external and internal clients; and sale and lease of used equipment. The company was formerly known as Computing-Tabulating-Recording Company and changed its name to International Business Machines Corporation in 1924.

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