1406HI01 IBM HIGHLIGHTS, 2000-2006 Year Pages 2000 3-11
IBM HIGHLIGHTS, 2000-2006 Year Pages 2000 3-11 2001 11-20 2002 20-32 2003 32-40 2004 40-53 2005 53-62 2006 62-76 February 2007 1406HI01 3 2000 Business Performance IBM revenue climbs to $85.09 billion, two percent more than the year before, and net earnings of $8.1 billion are five percent ahead of 1999. There are 316,303 employees and 664,291 stockholders at year end. IBM handles 96 percent (400,000 a month) of its procurement invoices on the Web and online procurement saves the company $377 million (up from $270 million in 1999). Organization Samuel J. Palmisano becomes president and chief operating officer, and John M. Thompson becomes vice chairman. IBM names Harriet P. Pearson as its first chief privacy officer to guide the company’s privacy policies and practices, lead initiatives across IBM to strengthen consumer privacy protection and further the company’s leadership efforts in those areas. IBM forms a Life Sciences business unit to deliver leading-edge IT solutions for bio-technology, genomic, e-health, pharmaceutical, agri-science and other life sciences industries. The new organization brings together the company’s strengths in such areas as e-business, supercomputing, data and storage management, data mining and knowledge management along with computational biology and parallel computing. IBM acquires Aragon Consulting Group, a marketing research and strategy firm based in St. Louis. IBM acquires OpenOrders Inc., a leading provider of enterprise-scale order management and fulfillment software for e-commerce. Products & Services IBM introduces the IBM eServer, a new generation of servers featuring mainframe-class reliability and scalability, broad support of open standards for the development of new applications, and capacity on demand for managing the unprecedented needs of e-business.
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