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Developed and invented by Jerrier Haddad and Nathanial Rochester the IBM 701 was the first commercial scientific computer.
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This was the earliest form of Random Access Memory and ancestor to the RAM that we use in our own modern computing devices. Although several inventors were involved in the creation of Magnetic Core Memory the MIT engineer Jay Forreser perfected the technology.
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The IBM 650 was the first mass produced computer with almost 2000 being made.
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IBM's RAMAC 305 is released which contains the world's first hard drive disk. This disk has 50 metal platters and real time random access to data.This technology was created by a team of IBM engineers including John Lynott,William Goddard and Louis Stevens.
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Automatically Programmed Tools (APT) is first project to seek out how to help manufacturing with computer programming.