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Since 2001, services and consulting ([[Directory:IBM Global Services|IBM Global Services]]) revenues have been larger than those from manufacturing (Hardware).<ref>{{Cite book| url=ftp://ftp.software.ibm.com/annualreport/2002/2002_ibm_ar_fr.pdf| title=2002 IBM annual report: Financial only| publisher=IBM| pages=64| format=pdf| accessdate=2006-07-23}}</ref> Significantly, IBM has also been steadily increasing its workforce in developing countries (notably, in [[Directory:IBM India|IBM India]]) and retrenching in the US and Europe.<ref name="offshoring">{{cite web|url=http://www.businessweek.com/magazine/content/06_23/b3987093.htm|title=Big Blue Shift| date = [[2006-06-05]]|accessdate=2006-08-24}}</ref><ref>{{cite web|url=http://www.businessweek.com/magazine/content/06_23/b3987098.htm| title=IBM wakes up to India's skills|date=[[2006-06-05]]|accessdate=2006-08-24}}</ref><ref>{{cite web|url=http://www.financegates.com/news/business_news/2005-05-05/ibm_05052005.html|title=IBM cuts 13000 employees, mostly in Europe|accessdate=2006-06-25|date=[[2005-05-05]]}}</ref> [[Directory:Samuel J. Palmisano|Samuel J. Palmisano]] was elected [[Chief executive officer|CEO]] on January 29, [[2002]] after having led IBM's Global Services, and helping it to become a business with $100 billion in backlog in 2004.<ref>{{cite web| url=http://www.ibm.com/ibm/sjp/bio.html| title=Personal biography| date=March [[2006]]}}</ref> Palmisano replaced [[Directory:Louis V. Gerstner|Louis V. Gerstner]], who held the job from 1993 to 2002, taking over from John Akers, who left during a period of financial difficulty for the company.
 
Since 2001, services and consulting ([[Directory:IBM Global Services|IBM Global Services]]) revenues have been larger than those from manufacturing (Hardware).<ref>{{Cite book| url=ftp://ftp.software.ibm.com/annualreport/2002/2002_ibm_ar_fr.pdf| title=2002 IBM annual report: Financial only| publisher=IBM| pages=64| format=pdf| accessdate=2006-07-23}}</ref> Significantly, IBM has also been steadily increasing its workforce in developing countries (notably, in [[Directory:IBM India|IBM India]]) and retrenching in the US and Europe.<ref name="offshoring">{{cite web|url=http://www.businessweek.com/magazine/content/06_23/b3987093.htm|title=Big Blue Shift| date = [[2006-06-05]]|accessdate=2006-08-24}}</ref><ref>{{cite web|url=http://www.businessweek.com/magazine/content/06_23/b3987098.htm| title=IBM wakes up to India's skills|date=[[2006-06-05]]|accessdate=2006-08-24}}</ref><ref>{{cite web|url=http://www.financegates.com/news/business_news/2005-05-05/ibm_05052005.html|title=IBM cuts 13000 employees, mostly in Europe|accessdate=2006-06-25|date=[[2005-05-05]]}}</ref> [[Directory:Samuel J. Palmisano|Samuel J. Palmisano]] was elected [[Chief executive officer|CEO]] on January 29, [[2002]] after having led IBM's Global Services, and helping it to become a business with $100 billion in backlog in 2004.<ref>{{cite web| url=http://www.ibm.com/ibm/sjp/bio.html| title=Personal biography| date=March [[2006]]}}</ref> Palmisano replaced [[Directory:Louis V. Gerstner|Louis V. Gerstner]], who held the job from 1993 to 2002, taking over from John Akers, who left during a period of financial difficulty for the company.
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IBM has engineers and consultants in over 170 countries and [[Directory:IBM Research]] has eight laboratories, all located in the Northern Hemisphere, with five of those locations outside of the United States.<ref>{{cite web| url=http://www.research.ibm.com/worldwide/| title= Worldwide IBM Research Locations| publisher=IBM| accessdate=2006-06-21}}</ref> IBM employees have earned five [[Nobel Prize]]s, four [[Turing Award]]s, five [[National Medal of Technology|National Medals of Technology]], and five [[National Medal of Science|National Medals of Science]].<ref>{{cite web|url=http://www.research.ibm.com/about/awards.shtml |title= Awards & Achievements |accessdate=2006-07-01 |publisher=IBM}}</ref>
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IBM has engineers and consultants in over 170 countries and [[Directory:IBM Research|IBM Research]] has eight laboratories, all located in the Northern Hemisphere, with five of those locations outside of the United States.<ref>{{cite web| url=http://www.research.ibm.com/worldwide/| title= Worldwide IBM Research Locations| publisher=IBM| accessdate=2006-06-21}}</ref> IBM employees have earned five [[Nobel Prize]]s, four [[Turing Award]]s, five [[National Medal of Technology|National Medals of Technology]], and five [[National Medal of Science|National Medals of Science]].<ref>{{cite web|url=http://www.research.ibm.com/about/awards.shtml |title= Awards & Achievements |accessdate=2006-07-01 |publisher=IBM}}</ref>
    
As a chip maker IBM is among the [[Worldwide Top 20 Semiconductor Sales Leaders]].
 
As a chip maker IBM is among the [[Worldwide Top 20 Semiconductor Sales Leaders]].
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