IBM has largely retreated from consumer facing ventures but it's still a behemoth.
From the start of its Wikipedia page:
> IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held the record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021.
I know that in semiconductors they're still doing bleeding edge R&D which they then try to license to foundries.
Their mainframe business is still doing quite well too.
And I'm sure they're active in many other niches that I know little about.
Kyndryl was spun out of IBM a while back. My cynical take is that the “IBM GS” brand was so toxic this was the only way to continue to sell those billable hours.
From the start of its Wikipedia page:
> IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held the record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021.
I know that in semiconductors they're still doing bleeding edge R&D which they then try to license to foundries. Their mainframe business is still doing quite well too.
And I'm sure they're active in many other niches that I know little about.