Power glitches become critical as world computerizes; software industry emerges to prevent costly downtime from outages
Article Abstract:
Power failures have become increasingly costly to business and industry, with current estimations reaching $12 billion yearly in the US, as computerization becomes more pervasive, but software and semiconductor companies are developing products to combat the problem. Collective Intelligence Inc sells software that fights power quality problems such as voltage dips and power surges. Superconductivity Inc and Illinois Superconductor Corp are developing semiconductor products that guard against energy sags and surges with superconducting magnetic energy storage (SMES) and other superconducting devices. Electrical utility companies are funding semiconductor research because of their increasing anxiety about power demand and supply. Studies show that 443 power errors occur yearly on a typical electrical line, each of which could gravely affect computerized systems, causing data loss or crashes. Although uninterruptible power supplies are designed to solve power problems, the SMES devices are easier to maintain and can perform more functions.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Even without the titles, Jobs is running Apple
Article Abstract:
Apple co-founder Steven Jobs has taken charge of the faltering computer company despite the fact that he is neither the chairman nor CEO. The board has apparently offered Jobs a leadership position in the company on numerous occasions but he has refused. Jobs has assumed a great deal of responsibility within the company however, running meetings, creating memos, setting product direction and determining the company's strategy for the upcoming Macworld Expo trade show. Jobs is also scheduled to present the keynote address at Macworld. Jobs official role at Apple is as an advisor and is has the lead position in the search committee for a new CEO. The committee also includes CFO Fred Anderson and directors Edgar S. Woolard and A.C. Markkula Jr.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Computer software firms are expected to post profit gains for fourth quarter. Microsoft, Lotus are expected to lead software firms to solid quarterly gains
- Abstracts: Agency dealt blow on rules for messaging. Personal-computer makers join forces in move to prevent tampering, forgery
- Abstracts: Phone-card services are multiplying as rivalry intensifies among carriers. Static on the line; many telephone users are being 'slammed' in industry rivalry; their long-distance service allegedly is switched without authorization; AT&T assails MCI's tactics
- Abstracts: Software industry discovers it has lost its immunity from battles over pricing. part 2 Defense contractor expects to report net fell in quarter
- Abstracts: Disaster-planning software speeds response to hurricanes, quakes