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Data formats The S/360 architecture defines formats for characters, integers, decimal integers and hexadecimal floating point numbers. Character and integer instructions are mandatory, but decimal and floating point instructions are part of the Decimal arithmetic and Floating-point arithmetic features.
IBM is one of the worlds largest IT companies, with operations in over 170 countries. IBM is known for its hardware and software products, including computers, servers, storage systems and networking equipment.
IBM originally budgeted approximately $2 million for the project, (approximately $15 million today) but by they time they finished, it was more than $5 billion, Spicer says.
The introduction of the IBM System/360 (or S/360) in 1964 signaled the start of the third generation: the first general purpose computers. Earlier systems such as the 1401 were dedicated as either commercial or scientific computers.
The 1967 IBM System/360 Model 91 could execute up to 16.6 million instructions per second. The larger 360 models could have up to 8 MB of main memory, though that much memory was unusual; a large installation might have as little as 256 KB of main storage, but 512 KB, 768 KB or 1024 KB was more common.

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Although OS/360 itself was discontinued, successor operating systems, including the virtual storage MVS and the 64-bit z/OS, are still run as of 2023 and maintain application-level compatibility with OS/360.
The IBM System/360 is a 32-bit machine with byte addressability and support for a variety of data types: byte, halfword (16 bits), word (32 bits), doubleword (double-precision real), packed decimal, and unpacked character strings.

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