Samuel J. Palmisano is elected chief executive officer effective March 1, while remaining president of IBM. In October he is elected chairman of the board, effective January 1, 2003. (On that date, Palmisano becomes chairman, president and chief executive officer of IBM.) Louis V. Gerstner, Jr., remains IBM chairman through the end of 2002.
IBM and PricewaterhouseCoopers agree in July that IBM will acquire the former's global business consulting and technology services unit -- PwC Consulting. Under the terms of the agreement, IBM will pay PricewaterhouseCoopers an estimated purchase price of $3.5 billion in cash and stock. The transaction gives IBM an unmatched capability to help customers solve their business issues and to exploit world-class technology for improved business performance. The combination creates a new global business unit, IBM Business Consulting Services -- comprising more than 30,000 IBM and 30,000 transferring PwC Consulting professionals -- which becomes part of IBM Global Services. Seen at IBM's headquarters in Armonk, N.Y., Samuel J. Palmisano (right) and Samuel A. DiPiazza, Jr. (left), chief executive officer of PricewaterhouseCoopers, congratulate each other on the agreement.
IBM introduces the eServer z800, a lower-priced, entry-class mainframe that fundamentally changes the economics of mainframe computing. With this move, IBM delivers for the first time advanced Parallel Sysplex clustering technology to entry-class mainframe customers.
IBM announces the eServer p650, the world's most powerful eight-way UNIX server. The p650 is the first server to include IBM's newest 64-bit microprocessor, POWER4+, and it brings to the midrange the blazing performance and autonomic computing capabilities of the groundbreaking IBM eServer p690. In addition, IBM debuts the IBM eServer p655, an ultra dense UNIX server targeted at the high performance computing market that is capable of reaching half a trillion operations per second in a single frame in peak processing power.
IBM announces the IBM eServer i890, featuring mainframe-class technology and the company's game-changing POWER4 microprocessor. The 32-way i890, running the latest release of the iSeries operating system -- OS/400 Version 5 Release 2 -- nearly doubles the processing power of the previous top-of-the-line iSeries, the i840, and delivers enhanced server consolidation capabilities with support for up to 32 OS/400 or Linux dynamic logical partitions.
During 2002, IBM introduces the IBM eServer xSeries 440 with Enterprise X-Architecture technology. Offering a building block style architecture, the x440 allows customers to pay for computing power incrementally as they need it, and is designed to support up to 16 processors and 64GB of memory. (IBM begins shipping the 16-way IBM eServer x440 in volume in December.)
In a classic refinement of its ThinkPad product line and most radical design change in nearly a decade, IBM adds touch pad technology to the traditional Track Point. With the innovative new UltraNav available on the new ThinkPad T30 -- a thin and light mobile computing powerhouse -- users can quickly and easily select the way they want to work and wander the Web.
Led by prolific inventor Ravi Arimilli (left), IBM leads the world in generating the most U.S. patents -- with 3,288 -- for the tenth consecutive year, nearly doubling the output of the second most productive company. In the past decade, IBM inventors have received a record 22,357 patents, besting the next closest company by nearly 7,000 patents. Arimilli, an IBM Fellow in Austin, Texas, received patents for 78 inventions in 2002.
IBM records 1 terabyte (TB) of data to a linear digital tape cartridge, storing 10 times more data than any linear tape cartridge then available. (One terabyte is equal to 16 days of continuously running DVD movies or 8,000 times more data than a human brain retains in a lifetime.) The 1 TB initiative had been under development since April 2001 at IBM's Almaden Research Center in San Jose, Calif., and IBM storage product development laboratories in San Jose, Calif.; Tucson, Ariz., and Yamato, Japan. Frank Elliott, IBM's vice president for tape storage (left), holds the 1 TN cartridge -- the equivalent of more than 1,500 compact disks.
Law enforcement and fire department officials test the new emergency communication system that IBM is building for the greater Washington, D.C. Region. The Capital Wireless Integrated Network will allow local, state and federal agencies in the District of Columbia, Maryland and Virginia to communicate with each other in real-time during crisis situations. The IBM system is intended to help eliminate the confusion that can plague police, firefighters and other officials hampered by incompatible communication gear.