Cray Research releases the Cray-1 - $8.8 million ($32 million today)
- 160 MIPS, 136 MegaFLOPS
- 80MHz, 64-bit, vector processor
- Over 80 sold
IBM’s Blue Gene/Q will be 20 PetaFLOPS in 2012
X.25 packet switching network standard developed by the International Telecommunication Union (ITU) was approved - In 1974, formed the basis of the SERCnet network between British academic and research sites (later became JANET)
- Used for the first dial-in public access networks, such as CompuServe and Tymnet
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