Word: computerized
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Even with such sales, NCR still has only about a 2% share of the U.S. computer market v. the overwhelming 70% held by IBM. To narrow the gap, and to climb a few steps over other computer makers, Oelman has set what he calls a "minimum sales quota" of 5...
Deferred Profitability. The Century computers are adaptable for big companies that need highly sophisticated computers, but NCR will direct its main sales drive toward smaller businessmen -banks with less than $5,000,000 assets, even corner drugstores and service stations-who up to now thought that they could not afford...
To minimize errors-a major problem in back-office operations-the machine displays each message on its video-type screen so that the clerk can proofread it before pushing the "transmit" button. Best of all, the data is fed directly into a computer that automatically relays it to the proper...
The American Bankers Asso ciation and the Association of Stock Exchange Firms are working on a scheme to imprint on all stocks a magnetic number identifying the issuer; the number could be read by an optical scanner hooked to a computer. The real solution is to get rid of the...
As a beginning, Haack assigned "urgent priority" to starting a Central Certificate Service; it will eliminate up to 70% of the physical handling of stock certificates traded between brokers. Technical snags (notably computer programming) have already delayed the project two years, and last week the man in charge, N.Y.S.E. Vice...