Beginning of Essay
has brought about a total change in society, as we have known it. From the fifties and early sixties culture of make-do-and-mend to the materialistic, customer orientated society of today, IT has played an ever increasing role. We can now no longer spend even a ....

Middle of Essay
.... potential of larger cost savings in both those employed and what they did with their time. Menial, repetitive tasks could easily be carried out by computers with no loss of efficiency of effectiveness however long the tasks took. The only problem was the expense of the machines. This was solved by the introduction of large Scale Integration (LSI), newly invented components and improving manufacturing techniques, which made the devices in these machines cheaper to build. Due to these advances IBM unveiled the first online transaction processing system in 1964. It was designed for American Airlines and its speed meant that bookings could be made ....