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| Topic: |
Technology
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| Number of pages / Number of words: |
6 / 1459 |
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However, it wasn't until 1950, when Bank of America tasked the Stanford Research Institute (SRI) with studying the feasibility of using computers in the banking industry, that the promise of automating, improving, and reducing this workload became a true possibility. When SRI released the results of their feasibility study in the Spring of 1951, Bank of America saw enough promise in the concepts presented that they approved and funded a "multi-year development effort" to allow SRI to make the concepts they presented a reality (http://ftp...
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When SRI released the results of their feasibility study in the Spring of 1951, Bank of America saw enough promise in the concepts presented that they approved and funded a "multi-year development effort" to allow SRI to make the concepts they presented a reality (http://ftp.sri.com/about/timeline/erma-micr...
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