4 unchanged sentences
Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature.
−Removed: This was signaled 100 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation.
+Added: This was signaled over 100 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation.
And it continues today—we create sustained value for clients by helping them leverage the power of hybrid cloud and artificial intelligence (AI).
9 unchanged sentences
Our strategic partners include:
−Removed: Adobe, Amazon Web Services (AWS), Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, among others.
+Added: Adobe, Amazon Web Services (AWS), Microsoft, Oracle, Palo Alto Networks, Salesforce, Samsung Electronics and SAP, among others.
Companies with which we have strategic partnerships in some areas may be competitors in other areas.
18 unchanged sentences
The principal competitors in this segment include:
−Removed: Alphabet (Google), Amazon, BMC, Broadcom, Informatica, Microsoft, Oracle, Palo Alto Networks, Salesforce, SAP and Splunk.
+Added: Alphabet (Google), Amazon, BMC, Broadcom, Informatica, Microsoft, Oracle, Salesforce, SAP and Splunk.
We also compete with smaller, niche competitors in specific geographic regions or product segments.
5 unchanged sentences
IBM is well positioned in the growing hybrid cloud infrastructure market, providing on-premises and cloud-based server and storage solutions.
−Removed: We gain advantage and differentiation through investments in higher-value capabilities, including security, scalability, and reliability, designed especially for mission-critical and regulated workloads.
+Added: We gain advantage and differentiation through investments in higher-value capabilities, including security, scalability, and reliability, designed especially for mission-critical and AI workloads.
In addition, we offer a portfolio of life-cycle services for hybrid cloud infrastructure deployment.
23 unchanged sentences
Segment information and revenue by classes of similar products or services—pages 69 to 74.
−Removed: Financial information regarding environmental activities—page 94.
+Added: Financial information regarding environmental activities—pages 94 to 95.
The number of persons employed by the registrant—page 14.
3 unchanged sentences
Age Officer since
−Removed: Arvind Krishna, Chairman of the Board and Chief Executive Officer (1)
−Removed: Browdy, Senior Vice President, Legal and Regulatory Affairs, and General Counsel 59 2015
+Added: Arvind Krishna, Chairman of the Board, President and Chief Executive Officer (1)
Cohn, Vice Chairman 64 2021
Fehring, Vice President and Controller 46 2023
−Removed: Kavanaugh, Senior Vice President and Chief Financial Officer, Finance and Operations 57 2008
+Added: Kavanaugh, Senior Vice President, Finance and Operations, and Chief Financial Officer
LaMoreaux, Senior Vice President and Chief Human Resources Officer 45 2020
+Added: Anne Robinson, Senior Vice President and Chief Legal Officer 54 2024
Thomas, Senior Vice President, Software and Chief Commercial Officer
1 unchanged sentence
All executive officers are elected by the Board of Directors annually as provided in the Company’s By-laws.
−Removed: Each executive officer named above, with the exception of Gary D.
+Added: Each executive officer named above, with the exception of Anne Robinson and Gary D.
Cohn, has been an executive of IBM or its subsidiaries during the past five years.
+Added: Robinson previously served as Managing Director, General Counsel and Corporate Secretary of The Vanguard Group, Inc.
+Added: and Secretary of the Vanguard funds from August 2016 until June 2024.
Cohn previously served as Assistant to the President for Economic Policy and Director of the National Economic Council from January 2017 until April 2018.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.