The IBM 350 Disk Storage was a major component of the IBM 305 RAMAC (Random Access Memory Accounting) system, introduced in September 1956. The 305 was a flexible, electronic, general purpose data processing machine that enabled businesses to record transactions as they occurred and concurrently reflect each entry in affected accounts. It maintained records on a real-time basis, provided random access to any record, eliminated peak loads, and could simultaneously produce output by either print or punched cards.
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