During a lecture at the Computer History Museum in California earlier this year, IBM CEO Sam Palimisano, observed “To innovate successfully for a decade or a generation — much less for a century — you have to be able to turn discovery into profits.”
This steadfast commitment to innovation has long differentiated IBM from its competitors and positioned the company to rapidly respond to challenges and efficiently capitalize on new business opportunities.
IBM’s innovation leadership is evidenced in its 18 consecutive years of patent leadership, five Nobel prize winners, seven U.S. National Medals of Technology, five National Medals of Science and memberships in the National Academy of Sciences.
Another recognition of the company’s role and influence as an innovation leader is its ranking on the Thomson Reuters 2011 Top 100 Global Innovators list. Thomson Reuters has honored companies for their ability to invent on a significant scale; are working on developments which are acknowledged as innovative by patent offices around the world, and by their peers; and whose inventions are so important that they seek global protection for them.
According to Thomson Reuters, the Top 100 Global Innovators exemplify the essence of innovation and drive inventions for economic growth, which having established systems for vetting inventions and determining which ideas are worthy of protection.
Innovation is central to IBM’s business model and has defined the company since its founding over a century ago. Patents are an essential link between innovation and IBM’s ability to serve its clients, and thereby, enable business growth and commercial success.