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Additions to System/360 family are announced, including the Model 85. The high-speed cache, or buffer memory, found in the System/360 Model 85, is the first in the industry. The cache memory makes highly prioritized information available at 12 times the speed of regular, main-core memory.
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IBM's Customer Information Control System (CICS), first developed in conjunction with Michigan Bell in 1966, is introduced. Designed to effectively market all components of an online system for multiple requests to single file in a high volume fast response environment, CICS has remained the industry's most popular transaction monitor.
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IBM announces the IBM Braille Typewriter.
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IBM scientists develop an experimental laser optical memory system. By the next year, they develop experimental devices using laser beams to store large amounts of information.
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IBM's widely used Solid Logic Technology modules achieve a reliability rate 1,000 times that of earlier vacuum tubes.
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IBM establishes a manufacturing plant in the Bedford-Stuyvesant section of Brooklyn, New York.
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IBM establishes its first job training center for the economically disadvantaged. The company also sponsors a Harlem Street Academy to aid school dropouts.
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Employees |
241,974
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Stockholders |
501,390 |
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Revenue |
$6.88 B
+ 29 % |
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Net earnings |
$871 M
+ 34 % |
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