2 

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. The 

new servers feature technology from 

IBM

's high end servers applied across the entire product 

line, and include: the eServer zSeries    the most reliable, mission critical data and transaction 

server in the industry; eServer pSeries    the most powerful, technologically advanced 

UNIX

server; eServer iSeries    the high performance, integrated business server for mid market 

companies; and the eServer xSeries    the affordable Intel based server with mainframe inspired 

reliability technologies.  

IBM

 unveils the eServer zSeries 900, the first mainframe built from scratch with e business as its 

primary function. The reinvented mainframe is built to handle the unpredictable demands of e 

business, allowing thousands of servers to operate within one box. Along with the new design, 

IBM

 also introduces z/

OS

, a new 64 bit operating system. 

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