Word: computerization
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Rat Race. IBM is so big and efficient that it has cornered 80% of the $1.5 billion-a-year computer market. Among the rest, the scramble for sales is so rough that two of the top ten companies that originally began building full-scale computers dropped out, and the eight...
Even such giants as General Electric and RCA have found themselves outmatched. For one thing, IBM has set the pattern of leasing computers rather than selling them. This worked fine for IBM, which had a steady income from its other leased office machines. But newcomers to the computer field were...
Some Went Running. Rather than face further losses, Royal McBee, Underwood and General Mills quit making computers. Former RCA President John Burns lost his job largely because of RCA's huge computer-development costs. Pioneer Remington-Rand, which was merged in 1955 into Sperry-Rand, failed to capitalize on...
Minneapolis-Honeywell's Walter W. Finke, who heads his company's computer division, believes that the only way to compete effectively with IBM is to match its breadth. Minneapolis-Honeywell is preparing two new systems to compete with IBM's 7070 and 7080 systems, may also bring...
In terms of range and imagination, the dean of the businessmen-professors is a longtime (since 1926) Harvard Business School professor named Georges F. Doriot, 63. As president of American Research and Development Corp., he has helped to father 78 new companies, from Adage Inc. (computer support systems) to Zapata...