IBM 1997 Annual Report Download - page 37

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December 19
IBM’s Tivoli Systems subsidiary
announces plans to acquire Soft-
ware Artistry, Inc., a leading provider
of consolidated service desk and
customer relationship management
software.
December 22
Daiwa Bank and IBM Japan agree
to establish a joint venture that will
offer information technology services
to financial institutions. It will be the
largest such outsourcing deal in
Japan, and one of the largest in the
worldwide financial industry.
October 23
IBM provides $10 million in new
Reinventing Education grants to
12 U.S. school districts and state
education departments, bringing
the total to $35 million since the
program was established in
1994. Each grant recipient will
work closely with IBM to provide
better instructional tools in math,
science and reading, increase
parental involvement and
improve the flow of information
among home, school and teachers
with the help of technology.
With the introduction of eSuite,
Lotus becomes the first company
to offer a complete set of business
productivity software written in
Java for the network computing
environment. Included in eSuite
are e-mail, calendar, address book,
word processing, spreadsheet,
presentation graphics and project
scheduling applications. Unlike
traditional productivity software,
the bulk of eSuite’s software code
resides and executes on servers in
a network, instead of on an
individual PC.
November 17
IBM announces plans to invest
$700 million to build one of the
world’s most advanced microchip
development facilities at IBM’s site
in East Fishkill, New York. The facility
will be among the first to produce
chips on 12-inch silicon wafers,
and will use IBM’s unique copper
manufacturing process and advanced
X-ray lithography technology.
November 24
IBM ships Network Station Series
1000, the industry’s first network
computer to run Java applications,
including Lotus’ eSuite.
IBM ships 4 million Notes seats
in the fourth quarter of 1997 —
the largest quarter ever of unit
volumes for Notes. Total installed
base reaches 20 million, up from
2.2 million when Lotus joined IBM
in 1995.
dec31
December 30
IBM Research sets a new
world record for disk drive
storage density — 10 gigabits
per square inch, equivalent to
1,450 average-length novels.
IBM announces the world’s highest-
capacity desktop PC disk drive. The
16.8-gigabyte drive incorporates break-
through technology called giant
magnetoresistive (GMR) heads. No
bigger than the head of a pin, the GMR
head is the world’s most sensitive
sensor for reading and writing computer
data on magnetic disks.
nov10
nov3
$100
10
1
0.1
0.01
98startshere
IBM’s stock price
closes at $104.63
on the last business
day of 1997.
35
94 95 96 97
1.35
4.5
9.3
20.0
Worldwide Lotus
Notes Seats
(IN MILLIONS)
Magnetic Hard-Disk Drive
Industry Price per Megabyte Evolution
8985 93 97
price/ megabyte,
dollars