i'm neale godfrey. >> it was a floppy disk. today we could use the cloud upon back in 1911, banking was done in person improbably in cash. then came a piece of plastic with a magnetic stripe. the company behind those innovations is ibm, and it's celebrating its 100th anniversary. we spoke with bernie myerson about what helped shape the last 100 years of technological change and what's next. >> there have been tremendous societal challenges and one of the unique aspects of the ibm company is we embraced those societal challenges and brought home the solutions. you just referred to it about the invention of punchcards and that whole methodology was driven by the need after the great depression to install social security. you can't do that on 30 million scraps of paper. >> you reference problems and solving problems and the best technology addresses a problem, makes addressing that problem more efficient and brings the cost down. with that in mind where are the new venezuela most profitable and impactful. >> the world is just now