Alexander Gromnitsky's Blog

Forecasts of the value of business

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While Soviet tanks roll into Czechoslovakia, IBM & GE are worried about their export licenses. From the October 1968 issue of Datamation magazine, page 165:

Reaction to the Russian invasion

Russia's strongarm tactics against the liberal elements in Czechoslovakia have produced a setback in sales policies for Western manufacturers cultivating the Eastern bloc market. Nurturing of the market behind the iron curtain has been a slow process over the past five years. But American firms such as IBM, Univac and GE (through its European subsidiaries) and the near-at-hand ICT, English Electric and Siemens have steadily gained ground. In spite of the present uncertainties the three U.S. makers put up a brave show at the important BRNO trade fair in Czechoslovakia in mid-September.

The hovering Soviet spectre dampened the ardour of the most enthusiastic salesmen. Nevertheless, the now consolidated U.K. computer group ICL chalked up another $2.5 million worth of orders for more 1900 series and System 4 processors to go to university research and steel industry production scheduling. What worries some sales people is that increased tension will bring about more rigorous policing of the Cocom agreement of the Nato countries about goods banned for export to the east.

Although there is little ambiguity in the Cocom list about the generation age and type of systems which can be shipped, departments responsible for agreeing on export licenses in all governments participating have shown increasing leniency. Stiffer bureaucratic intervention could cut business without difficulty. Forecasts of the value of business expected from the Eastern bloc vary considerably. But one prediction of $40 million total in 1970 was justified by present rates of growth.


Tags: quote
Authors: ag