The basic business model predates electronic computing and extends at 
least as far back as the 1920s when IBM started operating service bureaus 
with tabulating equipment. See here for a 1937 photographic example:

https://www.ibm.com/ibm/history/exhibits/asia/Vietnam_3404ph01.html

I assume Remington Rand eventually did something similar.

The proliferation of economical, fairly reliable Internet service has made 
this basic concept more easily accessible and appealing.

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Timothy Sipples
I.T. Architect Executive
Digital Asset & Other Industry Solutions
IBM Z & LinuxONE
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E-Mail: [email protected]

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