a machine, for the longer of time, man had always controlled machines from the outside, your tuned some knobs and set some switches and the gadgets did your bidding. Therefore, with "program-stored computers", it was the opposite.As it tuned out, EDVAC wasn't completed until 1952. The computer was stored in a large room were it occupied all the space available. It used punched cards as input devices, therefore, it did not work exactly the same as our desktop computers, but with the invention of ENIAC, other more sophisticated computers would eventually come out and all this would eventually bring us the Pentium computer, which is the computer that we use today, for every day things like word processing, database development or simply to play games with your friend.Immediate effects of this InventionWith the invention of a program-stored computer, some businesses would try to make a profit out of it and they did it. Who hasn't heard of IBM? The direct descendant of Herman Hollerith's Tabulating Machine Company, it is the fifth largest industrial corporation in America and the world's biggest computer manufacturer. To a large degree, IBM is the computer industry, and almost every other computer company in the world swims in its ocean. It commands abut 40 percent of the international computer market, producing approximately three fourths of all medium and large-size computers and one fourth of all personal computers.IBM started out in 1914, it was ran by Thomas J. Watson, Sr.. But it is really after 1950, when IBM was ran by Watson's elder , that IBM took a step over every other computer business and became the company that we know today. With the invention of "intelligent" computers, IBM was about to enter an era of success that has not stopped since.The Business World and ComputersThe Businesses now depend on computersIt is not a secret that businesses now depend on computers. Not only business, but any large organization who want to kee...