52 years ago this was the headline in Electronics Weekly's edition of September 21st 1960.
The story runs:
'There are now about 200 computers installed in Britain and many more are on order.
Exports of machines last year amounted to £1.3 million.
This is what Mr Sebastian Z de Ferranti, managing director of Ferranti Ltd, said at a one day computer conference held in Stockholm last week.
"In the whole of history to 1945, mechanical devices had only increased the speed of calculation by a factor of 100. But since 1945 electronic computers have increased the possible speed by a factor of 250,000.'