If you saw a sign above the door of a shop announcing that the proprietor established the business in 1993, you would probably shrug your shoulders and say so what? After all, 20 years is not a long time for a shop in the scheme of things.
In technology terms though, 2 decades is an eternity. Although Apple and Microsoft can trace their roots back nearly 40 years, there are not many tech firms that can. Amazon, eBay, Google & Facebook were just a twinkle in someone’s eye 20 years ago.
This year, my employer celebrates their 20th birthday and after working for them for 13 years, I can’t help but feel a certain pride in the achievement. It hasn’t always been plain sailing. The world collectively held its breath after 9/11 which meant that sales of banking software (among other things) fell off a cliff. The latest banking crisis (followed by the sovereign debt crisis) also meant that banks were a bit preoccupied. Still, we have emerged from these crises and the future looks bright for Temenos.
When any tech company first sets out, they’re going to need some IT. Assuming they went for the state of the art, then their machines would have been powered by Pentiums – probably with a 60 MHz clock speed. Windows NT came out in 1993 so perhaps that would be the operating system of choice. If they waited until the end of the year, Windows 3.11 (or Windows for Workgroups) might be an option.
If they wanted to do some research on the internet, they would have found it fairly barren with only 50 World Wide Web servers. Just about every page would have a cute “Under Construction” graphic and their browser of choice would probably have been Mosaic (the Granddaddy of Netscape Navigator).
If they wanted to stay in touch with each other whilst out on the road, they would need some mobile phones. They would be fairly chunky, have terrible battery life and be analogue in nature. The mobile operators were still building their networks so the chances of holding a complete conversation free of interference were fairly slim.
No-0ne had heard of Big Data – after all – we transmit more data round the internet in a single second than we did in the whole of 1993. If people talked about clouds, they were the white, fluffy sort that float around in the sky. The words “Service Oriented Architecture” had yet to be uttered by overpaid consultants.
Today – a startup company has unbelievable resources at their fingertips. The internet is chock full of useful information. Social media makes it easy to build a network and get your message out. Cloud means a startup can commission a sophisticated network of IT for no capital outlay. It has never been so easy to start a company. Unfortunately, your competition also have all these resources at their disposal.
Temenos had none of these resources at their disposal and yet they have grown from nothing to a half a billion dollar company. They employ 4,000 people of which I am one. Happy birthday Temenos. Here’s to many more.
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