Inventors all over the world began to delve further into the study of computers and how to improve them over the next few years. The transistor, which would become a critical part of the inner workings of the computer, the ENIAC 1 computer, and many other types of systems, was introduced in the next 10 years. One of the most intriguing is the ENIAC 1, which required 20,000 vacuum tubes to run. It was a gigantic machine that ushered in a new era of smaller, quicker computers. Click next to learn more.
The advent of International Business Machines, or IBM, into the computing industry in 1953 changed the face of computing forever. This company has been a prominent player in the creation of new systems and servers for public and private usage throughout the history of computing. This introduction ushered in the first true evidence of competition in the history of computing, which aided in the development of computers at a faster and more efficient pace. The IBM 701 EDPM Computer was their first contribution.
The first successful high-level programming language was invented a year later. This was a programming language that wasn’t written in ‘assembly’ or binary, which are low-level languages. FORTRAN was created to make it easier for more people to learn how to programme computers.
The first computers for use in banks were created in 1955 by the Bank of America, in collaboration with Stanford Research Institute and General Electric. The MICR (Magnetic Ink Character Recognition) system, when combined with the ERMA computer, was a game-changer for the banking industry. The pair of methods were not put into practise in actual banks until 1959.
The invention of the integrated circuit, one of the most significant advances in computer history, occurred in 1958. One of the most basic necessities for modern computer systems is this device, often known as a chip. Many chips on every motherboard and card in a computer system contain information about what the boards and cards perform. The systems as we know them now would not work without these chips.