Technology
Technology Origins
Origin of important technology.
1970
Oracle
IBM researcher Edgar Codd publishes the relational model
IBM researcher Edgar F. Codd published “A Relational Model of Data for Large Shared Data Banks,” establishing the relational model that later commercial database products—including Oracle—built upon. This documents a technology lineage, not an IBM role in founding Oracle.
December 19, 1912
Lockheed Martin
Lockheed predecessor begins as the Alco-Hydro Aeroplane Company
Brothers Allan and Malcolm Loughead incorporated the Alco-Hydro Aeroplane Company to develop and operate their Model G hydro-aeroplane. The predecessor venture initially sought to demonstrate the aircraft and earn revenue by carrying passengers; the brothers later adopted the Lockheed spelling.
2012
BlackRock
One of BlackRock’s most impactful technology and investment developments was the purchase of iShares from Barclay’s in 2012
One of BlackRock’s most impactful technology and investment developments was the purchase of iShares from Barclay’s in 2012. 16 The program manages exchange-traded funds, or ETFs, which have lower investor costs, tax advantages, and overall greater investment gain than conventional mutual funds. 8 17 iShares ETFs helped BlackRock exceed $7 trillion in assets under management in 2019 and drove investor confidence in the company’s stock at the beginning of 2020. 18