Information Technology, 50 Years Ago
This guest post is written by Jack Arrington, who contributed 50% of the genetic material required to produce TechCrunch founder Michael Arrington. Jack was around at the very beginning of what we today call the Information Technology business. In 1950 pure business necessity drove Bank of America, then the largest bank in the world, to look for ways to automate the labor intensive job of handling checks. From that necessity ERMA was born, one of the first large scale data processing machines fo
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Tags: Bank, Business, Technology