Ovation Technologies Explained
Ovation Technologies |
Former Name: | Spectrum Group Inc. |
Type: | Private |
Founded: | in Canton, Massachusetts |
Founder: | Thomas J. Gregory |
Fate: | Dissolved |
Products: | Ovation (never released) |
Industry: | Software |
Ovation Technologies was a short-lived software company founded in Canton, Massachusetts, in December 1982[1] to create business productivity software for the then-emerging IBM PC and compatible market.[2] Briefly named Spectrum Group Inc., the company was founded by Thomas J. Gregory, who also served as the company's president.[3] Mike Walrod served as vice president of marketing.[4]
Their intended product, also named "Ovation", was an integrated software suite aiming to compete against the industry leader at the time, Lotus 1-2-3.[5] The company raised several million in capital and secured a distribution agreement with Tandy Corporation, including co-marketing with their line of Tandy 2000 computers.[6] [7] The "Ovation" project was led by chief software designer Robert Kutnik.[8]
The company made impressive demonstrations, culminating with a high-profile news conference staged at Manhattan's Windows on the World restaurant,[9] but ultimately they were unable to ship their product, and filed for bankruptcy by the end of 1984.[5]
Ovation's most enduring claim to fame may be as what many consider to be the industry's first widely publicized and "most notorious" example of vaporware.[9] [10] [11]
Notes and References
- Wierzbicki . Barbara. 1983-11-07 . Ovation integrates five applications. InfoWorld . CW Communications. 5 . 45 . 31–32 . Google Books.
- News: New Companies. 1983-10-24 . . 90 . 2015-03-17.
- Posner . Bruce G.. 1983-09-01. In Search of Better Business Plan . Inc. . Mansueto Ventures. https://web.archive.org/web/20100206074122/https://www.inc.com/magazine/19830901/8952.html . 2010-02-06.
- Shea . Tom . 1984-05-07. Developers Unveil 'Vaporware' . InfoWorld . 6 . 19 . 48–51 . Google Books.
- News: Stoking the Micro Fire . Jim . Bartimo . 1984-12-03 . . 48 . 2015-03-17.
- News: Late Breaking News . David. Needle . 1984-02-20. InfoWorld. 11. 2015-03-17.
- Alsop . Stewart II . Tandy DeskMate: Viva La Small Business . 1988-01-18. P.C. Letter . 4 . 2. 9–10.
- McCarthy . Michael . 1984-11-12 . From the News Desk . InfoWorld . CW Communications . 6 . 46 . 13 . Google Books.
- News: Burning Questions, Final Answers . Forbes ASAP Staff . . 2001-05-28. 2015-03-17.
- Flynn . Laurie . 1995-04-24 . The Executive Computer . The New York Times. D4. https://web.archive.org/web/20110110083916/https://www.nytimes.com/1995/04/24/business/information-technology-the-executive-computer.html . 2011-01-10.
- Web site: Townsend . Emru . 2008-05-06. The top 15 vaporware products of all time . PCWorld . IDG Communications . https://web.archive.org/web/20210619225355/https://www.pcworld.idg.com.au/article/214642/top_15_vaporware_products_all_time/ . June 19, 2021.