From punch cards to microchips

Article Abstract:

Accountants traditionally have been quick to adapt innovations in data processing to their profession. The beginning of the automation of the accounting profession dates from the late 19th century and the use of a punch card system to tabulate the 1890 US census. The system made the Census quicker, more accurate, and more meaningful. The tabulating machine used for the system was designed by Herman Hollerith, and his company, the Tabulating Machine Company, eventually became International Business Machines through mergers. IBM was one of the great innovators in the field of electronic digital computers, which have revolutionized the accounting profession in the areas of handling and storage of data, speed of calculations, and communications.

Computers, Digital computers, History

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Past, present and perhaps

Article Abstract:

Technological innovations in the storage, processing, and transmission of information have greatly enhanced the value of information as a resource. The information services industry, which will overtake natural resources in terms of power and influence, will affect all other industries in that it provides the means for great increases in productivity. Technological innovations that are creating the revolution in the information services industry include: CD-ROM technology; electronic data interchange, facsimile; satellite communications; and the integrated digital services network. Computer literacy is becoming an essential component of business knowledge.

Analysis, Information services

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Past, present and perhaps...

Article Abstract:

The first decade of the 21st century will witness significant advancements in living, most due to technology's pervasiveness. Multinational corporations will become more powerful than nations, and all consumers will have access to a global communications system, video game consoles, and computer-controlled buildings and homes.

Forecasts and trends, Study and teaching, Forecasting, Twenty-first century

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