IBM is a major name in technology. The company has a rich history. The company was founded in 1911. It celebrated its centenary by releasing a series featuring 100 people who explain the company's contributions. Joe Pytka directed "100x100", while Errol Morst, a documentary filmmaker who won an Academy Award, shot "They Were There". Philip Glass' music was featured.
Hollerith punch card from ibm
IBM's Hollerith Punch Card was inspired by a system used in textile manufacturing as early as 1725. Joseph Marie Jacquard used this method later to create a silk portrait. Semenkorsakov used punch cards to keep information in 1832. The Hollerith punch card from IBM would be used for recording census data and eventually lead to the creation of IBM.
The alliance between IBM, Nazi Germany and other companies began in early 1933. Many Nazi-era enabling technology were developed by the subsidiaries of the company. In order to eliminate Jews, the German government needed a quick and accurate way to identify them. The Hollerith punch-card machines from IBM were crucial in this process.
The magnetic stripe at ibm
IBM's story with the magnetic stripe began when an engineer tried to devise a way of attaching magnetic media onto plastic cards. Although he had heard of magnetic tape, he thought it might be possible to combine them. However, his wife suggested a better solution. She suggested melting magnetic stripe onto a plastic card. IBM was the first to utilize this technology for commercial purposes.
The company needed a way to record personal information and financial information. They wanted a way to decode personal data and make the information easier to access. They assembled a team that included researchers to help them develop the system. IBM adopted magnetic stripe technology once the team was done. It began rolling out bank cards for employees and ID cards for employees.
IBM's first computer
Arthur Rackham, a pioneer in the introduction IBM computers, was born April 5, 1911. He was an entrepreneur, a mathematician, and studied at Drake University and Iowa State College. Later, he was named the head of IBM’s research and development department.
The United States Air Force requested that IBM develop an electro-mechanical bombsight during World War II. However, IBM was still unsure about the future of electronic computer computing. At that time, Tom Watson, Jr., felt that IBM was not moving fast enough towards electronics. He had an idea of an electronic computer that would perform scientific computations.
IBM's research
The IBM Archives show the company's progress and accomplishments through the years. IBM currently has 195,000 employees and 350 Distinguished Engineers. It also has 60 IBM Fellows. NetObjects Technologies, CommQuest Technologies were acquired by the company. Many of its products have been used in the business sector.
The company's sales rose steadily. Wall Street saw it as a giant. By 1984, profits at the company had risen by almost $16 million. Wall Street loved IBM Corporation. IBM was seen as being the only company which could compete with Japanese businesses. It even became the subject of a best-selling book.
IBM's stock purchasing plan
The IBM Stock Purchase Plan is a retirement plan that allows eligible IBM employees to purchase the company's common stock. Originally, IBM employees were paid 85 percent of the average market price on the first and last business days of the offering periods. IBM modified the terms in 2005. Participants can now buy full or fractional shares IBM stock at a 5 percent discount from the average price on the day.
All shares purchased under the Plan can be resold at any time. This can sometimes be stopped. These shares can be bought from the open markets or treasury.
FAQ
How much are consultants paid?
Although some consultants can make more than $100k annually, the majority of consultants earn between $25-$50k. The average consultant salary is $39,000 This includes both salaried as well hourly consultants.
Salary is dependent on experience, location and industry. It also depends on whether the consultant works from home or has a remote office.
How long does a consultant take?
The length of time required varies depending on your background and industry. Most people begin their journey with less than a month before finding work.
Some consultants, however, spend many years perfecting their skills before they find work.
What type of contracts are available to consultants?
Most consultants sign standard employment agreements when hired. These agreements specify how long the consultant will be working for the client and what he/she will be paid.
Contracts may also include details about the specific areas of expertise that the consultant is going to be focusing on as well as how they will be compensated. An agreement could state, for example, that the consultant will offer training sessions, workshops and webinars.
Sometimes, the consultant simply agrees that a specific task will be completed within a set time frame.
In addition to standard employment agreements, many consultants also sign independent contractor agreements. These agreements allow consultants to work independently while still receiving payment.
What are some of the advantages to being a Consultant?
Consultants have the ability to choose when and on what they work.
This means that you can work when you want and wherever you want.
You also have the freedom to change your mind at any time without fearing losing your money.
Finally, you are able to manage your income and make your own schedule.
Why would a company hire a consultant?
Consultants offer expert advice to help improve your business' performance. Consultants are not there to help you sell products.
Consultants help companies make better business decisions through sound analysis and suggestions for improvement.
Consulting often works closely with senior management teams in order to help them understand the steps they must take to succeed.
They offer coaching and leadership training to help employees achieve their highest potential.
They could advise businesses about reducing costs, streamlining processes and increasing efficiency.
Is consulting a real job?
Consulting is more than a job that allows you to quickly make money.
Consulting offers various opportunities from project management, business development, strategy, training, and leadership roles. There are many projects you could be involved in, from small start-ups all the way up to large-scale multinational corporations.
You can develop your skills and gain experience in a variety of industries by consulting. This could include learning how to manage teams, write proposals, manage budgets and analyze data.
What is the secret to modern consulting?
Consultants were originally accountants who could help companies manage their financial affairs. They became known as "accounting consultants." This was because they had become very skilled at managing financial information. This role quickly expanded to include human resource management.
The French word "to advise" is the origin of the term "consultant". It was first used by businessmen to refer to someone who could give advice about how to run an organisation. The word consultant is still used by most business owners to refer to any kind professional advisor.
Statistics
- WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
- So, if you help your clients increase their sales by 33%, then use a word like “revolution” instead of “increase.” (consultingsuccess.com)
- Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)
- My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
- Over 50% of consultants get their first consulting client through a referral from their network. (consultingsuccess.com)
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How To
What should I do to get started with a consulting business?
You can make a lot of money by setting up a consulting business. It doesn't require any prior business experience nor capital. A good place to start your own consulting company is to build a website. After you have built a website, social media platforms such Instagram, Pinterest and LinkedIn will be useful to spread the word about your services.
These tools allow you to make a marketing program that includes the following:
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Content creation (blogs).
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Establishing relationships (contacts).
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Generating leads, also known as lead generation forms
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Selling products on e-Commerce websites
Once you've developed your marketing strategy, you'll need to find clients who will pay for your services. Some people prefer to go through networking groups and events, while others prefer to use online methods such as Craigslist, Kijiji, etc. It's up to you to make the decision.
Once you have a new client, you need to discuss terms. These could be hourly fees, retainer arrangements, flat-fee contracts, or other types of fees. It's important to know what you expect before accepting a client so you can communicate clearly throughout the process.
An hourly agreement is the most common contract for a consulting service. This type of contract requires you to provide certain services at fixed rates each week or month. Based on the service you provide, you might be able to negotiate a discount based on the length of your contract. Before you sign a contract, ensure you understand everything.
The next step is to create invoices and send them to your clients. Invoicing can seem simple until you try it. There are many ways to invoice clients. It all depends on your preference. For example, some people prefer to have their invoices emailed directly to their clients, while others print hard copies and mail them. No matter which method you choose to use, it is important that it works for you.
After you've finished creating invoices, you'll want to collect payments. PayPal is popular because it is easy to use, offers several payment options, and most people prefer it. However, other payment processors are available, including Stripe, Square Cash, Google Wallet, Apple Pay, Venmo, etc.
Once you're ready and able to collect payments, you should set up bank accounts. Separate checking and savings accounts allow you to keep track of income and expenses separately. Setting up automatic transfers into your bank account is also helpful when paying bills.
Although it can seem daunting when you first start a business as a consultant, once you get the hang of it, it will become second nature. Our blog post contains more information on how to start a consulting business.
It's a great way for extra income without having to worry about hiring employees. Consultants can work remotely so they don't have the hassle of dealing with office politics and long working hours. Being able to work remotely allows you more freedom than traditional employees.