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Industry:Computers, Office Equipment; CEO:Robert B. Palmer; Website:https://www.digital.com; Ticker:DEC; Company type:Revenues ($M):$13,813; Profits ($M):$122; Market value ($M):Number of ...
Oct 6, 2023 · 455. Even though very few of the early players in technology still exist, we use their creations to this day. Bell Labs created the transistor, and Fairchild Semiconductor created the integrated...
- Andy Patrizio
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While working together in the Lincoln Laboratory at MIT, Ken Olsen and Harlan Anderson came up with the idea for DEC. They took notice of how popular the interactive computing machines were with students who visited the lab, as opposed to the batch processing machines that users couldn’t input data into or use for real-time feedback. Olsen and Ande...
The first product DEC created and sold was its Digital Laboratory Module. Staying true to its business plan, the initial product lines DEC focused on were modules, or electronic components, that were mounted to circuit boards. By the end of that year, DEC sold $94,000 worth of its first product.
DEC began selling its first computer at the end of 1960. But it was aware of people’s reluctance to invest in “computer” technology at the time, so it named the computer a “programmable data processor”, or PDP. The first iteration of this product line (PDP-1) sold for $120,000 that year. Throughout the remainder of the decade, DEC created over a do...
DEC began the process of creating “new” models of the PDP that could be sold for much less than the original. For example, the PDP-4 was similar in most ways to the PDP-1, but it was slower and packaged differently, which is what enabled DEC to sell it for $65,000.
While continuing to release new PDPs into the market, DEC also charged forward in its delivery of new modules. The Flip Chip came out in 1964 and was meant to convert the PDP-4 to the PDP-7. Many of its subsequent module releases served a similar purpose: helping users convert their old computers to upgraded versions.
It was in this year when DEC released the PDP-8, which is widely recognized as the first successful commercial minicomputer. Part of this is due to the improvements made to this model, but a large reason for its commercial success was the price tag of $18,500 and the 50,000 customers they sold it to.
In the interim, DEC came up with a revamped version of their PDP line and released the PDP-11 minicomputer. Not only did it bring major upgraded features to their computing machines, it also was easier to use. By the time it stopped selling it in the 1990s, DEC sold over 600,000 of them, making it one of the most popular minicomputers ever. In addi...
After widespread success with its PDP-11, DEC made the move into high-end computers and launched the Virtual Address eXtension, or VAX. This new 32-bit minicomputer (or supermini) line aimed to provide users with a wide array of computing resources that would be more affordable, powerful, and smaller than what companies like IBM could offer at the ...
DEC continued to stay busy during this time, regularly putting out new models of the VAX. The VAX 8600 came out in 1984 and became an instant bestseller.
DEC was recognized as one of the premier leaders in computing when it was named the second largest computer company, just behind IBM. At the time, it had generated over $11 billion in revenue and had over 120,000 employees.
Mar 31, 2022 · 5 min read. ·. Mar 31, 2022. 44. Partial view of Digital Alpha microprocessor. Jamo spingal, CC BY 3.0, via Wikimedia Commons. Change is a constant in the computer business, and there is no...
- Barry Silverstein
Company profile page for Digital Equipment Corp including stock price, company news, executives, board members, and contact information.
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Jun 20, 2023 · Jun 20, 2023. ScaleUP USA Small Business Ideas Incubator. Welcome to “The Rise and Fall of Digital Equipment Corporation also known as DEC,” a captivating blog/podcast that will take you on a...
Feb 17, 2011 · Here are three management lessons from DEC’s rise and fall: 1. Watch out for disruptive innovations. DEC’s troubles helped inspire Harvard Business School professor Clayton Christensen to develop his now well-known ideas about disruptive innovation. According to an article in Strategy+Business, watching the problems of Digital and other ...