The first automatic data processing system. Developed by Herman Hollerith, a Census Bureau statistician, the machine was first used to count the U.S. census of 1890. It was so successful that ...
David Hollerith covers the financial sector ranging from the country’s biggest banks to regional lenders, private equity firms and the cryptocurrency space. Previously, he worked for a crypto ...
A resolution to this problem was presented by Herman Hollerith. He developed a machine that could read data from paper cards. Census personnel entered the data by punching out the holes on the cards.
The inventor of punched cards, which led to the first computers and companies like IBM, was aiming to solve a gnarly problem at the time: data collection for the census.
Herman Hollerith had designed the machine but needed money to test it. Picture something that looks a bit like an upright piano but instead of keys, it has a slot for cards, about the size of a ...