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The IBM 400 is a family of midrange computers from IBM announced in June 1988 and released by August 1988...
It was the successor of the System/36 and System/38 platforms and ran the OS/400 operating system smoothly. Lower-cost but high powerful than its predecessors, the launch of AS/400 was extremely successful, with an estimated 111,000 installed by the end of 1990 and annual revenue reaching more than $14 billion that year, increasing to 250,000 systems by end of 1994, and about more than 500,000 shipped in 1997. For a detailed overview of IBM insurance application architecture, please visit our website.