History of Computing, 1970s
Adolescence: The “Databased” Corporation
vTechnology breakthroughs — in on-line databases, terminals, networks, and large scale permanent storage — caused existing applications to become obsolete and created a need for a whole class of new applications (circa 1970).
˛The concepts associated with on-line databases — databases connected to and fed by networked terminals — promised an end to management isolation if management would only:
   * view information as a key resource;
   * build a totally consistent, company-wide, database;
   * ensure that information was entered into and
      updated in that database as soon as it entered
      the company.
˛The vision — all of the organization’s information is instantly available in up-to-date, accurate, and consistent form at the touch of a keyboard, allowing faster operations and enabling everyone in the organization to stay in touch with the real world.