Posted by 1440 Staff

VisiCalc was the first electronic spreadsheet, released with Apple II's personal computer in 1979

Before 1979, managers were essentially information processors working off paper ledgers. Scenario modeling was slow, manual, and expensive. Companies were understood as organizations that built things with financial analysis as secondary. VisiCalc made calculation so cheap that you could work iteratively, setting out forecasts and tweaking assumptions until you got the answer you wanted. Oks argues It created a new way of seeing the world.

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