Technology Changes in Business essays

Technology Changes in Business essays In the past 30 years new technologies have been invented that makes business easier, more cost efficient, and more time efficient. The uses of technology in todays workforce allow for a higher quality product from lower numbers of workers. The rise of computers, telecommunication, and other new inventions allow us to do with one what used to take many men. The computer business industry has evolved rapidly and continues to do so. The interesting thing about the computer industry is not that the computer is evolving rapidly, but that the way computers are being used and how it has diversified in its many unique ways. This can be seen by taking a look back on how and when different components of the computer came to be. IBM is the largest computer company in the world today. IBM is responsible for numerous inventions having to do with computers. The company incorporated in 1911, starting as a major producer of punch card tabulating machines. In the 1930s, IBM built a series of calculators (the 600s) based on their card processing equipment. In 1944, IBM co-sponsored the Mark 1 computer (together with Harvard University), the first machine to compute long calculations automatically. The year 1953 saw the development of IBM's 701 EDPM, which, according to IBM, was the first commercially successful general-purpose computer. The 701's inv ention was part of the Korean War effort. Thomas Johnson Watson, Jr. wanted to contribute a "defense calculator" to aid in the United Nations' policing of Korea. VisiCalc was the first computer spreadsheet program. It was released to the public in 1979, running on an Apple II computer. While most early microprocessor computers had been quickly supported by BASIC and a few games, VisiCalc introduced a new level in application software. It was considered a fourth generation software program. Companies invested time and money in doing financial projections with manually calculated spreadsheets, w...