The computers built in the 1950s and 1960s are considered the 2nd generation computers. These computers make use of the transistors invented by Bell Telephone laboratories and they had many of the same components as the modern-day computer. For instance, 2nd generation computers typically had a printer, some sort of tape or disk storage, operating systems, stored programs, as well as some sort of memory. These computers were also generally more reliable and were solid in design. 1957: FORTRAN
FORTRAN, an acronym for Formula Translator was the first successful programming language. This language used words and sentences instead of the binary machine codes that had been commonplace in computers prior to the 1950s. FORTRAN could be read by ordinary people with no previous programming experience or knowledge, and it made it easier for computers to be programmed. FORTRAN was extremely useful in that given a single statement, many instructions would be produced. FORTAN created programs that were just as good as those produced by human programmers. Not only was it one of the most successful programming languages ever, but it also dominated many other languages for years.
COBOL, the Common Business Oriented Language, was invented in 1959. This is a business programming language that allowed for computer programs to be easily read.
DEC, or the Digital Equipment Corporation was founded by Kenneth Olsen and Harland Anderson in 1957. In 1960, DEC introduced the Programmed Data Processor, or PDP-1. The PDP-1 was a mainframe computer famous for its low costs. Compared to other computers that generally cost more than $1 million dollars, at "only" about $120,000 the PDP-1 was considered really cheap! The PDP-1 could be sold at such a low price because it did not contain many advanced peripherals and software. In other computers, these advanced systems amounted to nearly 80% of the computers' cost....