In the early 1980's I purchased a Compact portable PC (28lbs) and using Visacalc (B/4 Excel or Lotus) set up a spread sheet to analize financial statements. It took about 15 minutes to do what others were taking a couple of days to do. Everyone from the CEO down were throughly intimidated, and would not trust the numbers unless they manually recalculated them. I had to take the PC home as it was "giving the impression to other loan officers that I "wasn't working"
Using PFS File I did an analysis on new accounts, as to which competitor bank, accounts were being transferred from, and why to us. It gave a clear picture of our competitors weaknesses, and how we could exploit them. Again Senior management would not accept it, as they did not see anything coming out of a PC as reliable.
I was asked by a competing bank to accept a senior position, and one of my requirements was that they buy a new PC and allow me to use it. It had to get Board approval. Can you imagine standing in front of a Board of Directors justifying the purchase of a PC.
We've come a long way baby, Are have we?