History
of Computing, 1960s
Infancy of the “Business Machine,” cont.
Infancy of the “Business Machine,” cont.
vIT
costs money
ŘModern operating systems and
permanent storage
˛By 1970, organizations were spending millions of
dollars on IT, a previously non-existent budget category. Along with the big
computers and systems, organizations invested in computer departments,
programmers, professional and support staff, and custom applications software.
vSigh
of relief
˛By
1970 it appeared that most companies had finally built most of the
applications that made sense. Expensive, probably worth it, and finally
containable in cost.