History of Transaction

HIstory of Transaction

Period: Mar 31, 1950 to Nov 14, 2010

First Commercially available computer

Mar 31, 1951

The first produced computer to gain wide acceptance by the public.

Programming Language COBOL

Dec 17, 1959

The programming languager COBOL (Common Business Oriented Language) was developed in 1959. At that time computeres were largerly used for scientific and mathamatical calculations

IBM

Oct 10, 1964

IBM released its highely successful System/360 range of computeres and peripherals. this supported different peripherals and included the ability to include redundant components to improve fault tolerance.

IBM and the CICS

Jul 13, 1969

IBM released the first version of CICS (Customer Information Control System). In terms of transaction processing, CICS is a transaction processing monitor or TPM; it manages the processing of transactions from multiple clients to multiple servers

System R

Feb 8, 1974

SQL was first developed by IBM under the name of System R. At that time Sytem R was viewed as a product to allow users to directly interrogate databases. The original designers never intended it to become a language that would be used from within applications

RDBMS

May 12, 1982

Relational Databse Managment Systems emerged in the early 1980's. These Systems used SQL both to create relational databases using DDL (Data Definition Language) statment and to view and update relational data using DML (Data Manipulation Language) Statment.

ANSI

Nov 17, 1986

SQL first became an ANSI (American National Standards Institute) standard in 1986, however most current database systems, although compliant with most of the standard SQL syntx also include their own non- standard extensions

Microsoft

Sep 9, 1990

Microsoft entered the RDMS market with its SQL Server product. Microsoft SQL Server evolved from the Sybade DBMS; Microsoft dissolved their partnership with sybaseand renamed their product SQL Server.

IBM and Microsoft

Jun 20, 2005

Now a days IBM's DB2 and Microsofts SQL server dominate the market, however some open source products such as MySQL have signifivcant market share within small to medium sized organisations.

Corporations

Jan 17, 2007

Today large enterprises such as banks and government use transaction processing monitor (TPM) software to manage transactions across a variety of databases and applications of different types, operated by different organisations and in different locations.