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Watson in office

Fortran (FORmula TRANslation) scientific programming language IBM makes FORTRAN (FORmula TRANslation) scientific programming language available to customers. FORTRAN becomes the most widely used computer language for technical work.


The Service Bureau Corporation is formed as wholly-owned but independently-operated subsidiary.

IBM announces the IBM 709 computer.

People

Employees

83,588

Finance

Revenue

$1.2 B
+ 35 %


Net earnings

$110 M
+ 26 %