Calculator calculator marketed to the Real Estate industry with preprogrammed functions to simplify the process of calculating payments and future values. In 1985, CI launched a calculator for the construction industry called the Construction Master which came preprogrammed with common construction calculations (such as angles, stairs, roofing math, pitch, rise, run, and feet-inch fraction conversions). This would be the first in a line of construction related calculators. The first desktop "programmable calculators" were produced in the mid-1960s by Mathatronics and Casio (AL-1000). These machines were very heavy and costly. The first programmable pocket calculator was the HP-65, in 1974; it had
NCR Corporation 1953, the company acquired the Computer Research Corporation (CRC), after which it created a specialized electronics division. In 1956, NCR introduced its first electronic device, the Class 29 Post-Tronic, a bank machine using magnetic stripe technology. With the General Electric Company (now known as GE ), the company manufactured its first transistor-based computer in 1957, the NCR 304. Also in the 1950s NCR introduced MICR (magnetic ink character recognition) and the NCR 3100 accounting machines. In 1962, NCR introduced the NCR-315 Electronic Data Processing System which included the CRAM storage device, the first automated mass storage alternative to magnetic tape