IBM Research is IBM's research and development division. It is the largest industrial research organization in the world, with twelve labs on six continents.
The roots of today's IBM Research began with the 1945 opening of the Watson Scientific Computing Laboratory at Columbia University. This was the first IBM laboratory devoted to pure science and later expanded into additional IBM Research locations in Westchester County, New York starting in the 1950s, including the Thomas J. Watson Research Center in 1961.
IBM employees have garnered five Nobel Prizes, six Turing Awards, ten National Medals of Technology, and five National Medals of Science.
As of 2014[update] the company held the record for most patents generated by a business for 22 consecutive years.
Notable company inventions include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the Universal Product Code (UPC), the financial swap, the Fortran programming language, SABRE airline reservation system, DRAM, copper wiring in semiconductors, the silicon-on-insulator (SOI) semiconductor manufacturing process, Watson artificial intelligence.