The story ran:
THE growth of the electronic data processing industry will become explosive in nature during the next few years, according to Mr. Walter W. Finke, president of Honeywell’s Electronic Data Processing Division.
The most substantial growth, he predicted, will be in business and industrial data processing, stimulated by the “new generation” computers, now being delivered in volume, which have improved speed, versatility and economy of operation.
By 1965 the value of the US industry’s computer output would rise to some £1,000 million or more, he thought.
Honeywell’s EDP Division is itself committed to manufacture and deliver £18 million worth of 800 and 400 electronic data processing systems during 1961
