IBM is one of the oldest tech giants formed after the consolidation of three different companies. It currently operates in five segments namely: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. It earns 57% of its revenue from Global Services, which provides services to clients ensuring efficiency in processes and operations. The Software segment accounts for 24% of revenues, and provides middleware and operating systems. Systems and Technology, which comprises 17% of total revenues provides hardware such as servers and mainframes. The company’s current strategy is focused around Smarter Planet, Growth Markets, Business Analytics and Cloud Computing.