Title :
Ubisco and CDC: Analysis of a Failure
Author_Institution :
Fed. Inst. of Technol. Zurich, Zurich
Abstract :
The Union Bank of Switzerland (UBS) and Control Data Corporation (CDC) started the Ubisco project in the early 1970s. The project should have automated all the bank´s operations with a single CDC computer system, but Ubisco failed four years later. Unraveling the reasons behind the project´s failure might help researchers and historians learn why such large computer projects are so often unsuccessful.
Keywords :
bank data processing; CDC computer system; Control Data Corporation; Ubisco; Union Bank of Switzerland; bank operation; Banking; Failure analysis; History; Law; Layout; Legal factors; Military computing; Project management; Remuneration; Security;
Journal_Title :
Annals of the History of Computing, IEEE
DOI :
10.1109/MAHC.2009.33