The Anonymous Widower

Rules For Success? – Artemis

Artemis was and still is a project management system, that used PERT and critical path methods, coupled with advanced computation and graphics to solve the problems of managing, budgeting and controlling costs in projects.

I programmed the original mini-computer based system in the mid-1970s, building on earlier PERT and other programs I’d written for a company called Time Sharing, which allowed people to dial-up a large mainframe computer.

By the 1980s, over half of all the world’s major projects were managed by Artemis.

The software ranged in size from the PC through our own hardware to large mainframes.

In 1984, we sold the company to Lockheed for $128,000,000.

Since then, the company has suffered many changes of ownership and is just a shadow of what it could have been.

As an example, our database system was fully relational and pre-dated Oracle by a few years.  But we didn’t realise totally what we had.

So always make sure that what you develop, doesn’t have more important applications in areas that weren’t in your original thoughts!

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March 9, 2011 - Posted by | World |

11 Comments »

  1. […] Previous    Next 52.245212 […]

    Pingback by Rules for Success? – My Two Main Successes « The Anonymous Widower | March 11, 2011 | Reply

  2. The Artemis family was the best fun company I ever worked for and even now 25 years on we still all keep in touch. Modern companies need to have this family concept to keep a happy enviroment where people work all hours for the family not the money.

    Comment by George Bell | March 11, 2011 | Reply

  3. […] Previous     Next 52.245212 […]

    Pingback by Rules for Success? – Respimat « The Anonymous Widower | March 11, 2011 | Reply

  4. […] Previous     Next 52.245212 […]

    Pingback by Rules For Success – LCAS « The Anonymous Widower | March 11, 2011 | Reply

  5. […] With Artemis, we’d seen how project management was going and how computers were getting smaller, so a personal system based on a computer in a desk was now feasible.  We’d set the secondary objective of selling the company in perhaps three or four years and walking away with about a quarter of a million each. […]

    Pingback by Rules For Success? – What Can We Learn From These Successes? « The Anonymous Widower | March 11, 2011 | Reply

  6. […] For Success – External Finance  When we created Artemis, we did it totally on our own financial resources, at least until we got going and were able to […]

    Pingback by Rules For Success – External Finance « The Anonymous Widower | March 13, 2011 | Reply

  7. […] Artemis, as soon as we could afford it, we brought our accountant, Brian, into the business full time.  […]

    Pingback by Rules For Success? – A Good Financial Person « The Anonymous Widower | March 13, 2011 | Reply

  8. […] and the one we used for Artemis was unique.  He had been on the original committee that had identified the need for LCAS, so […]

    Pingback by Rules For Success? – A Good Bank Manager « The Anonymous Widower | March 13, 2011 | Reply

  9. […] part of the team that deliered the first computerised plan to Lloyds Bank, when we were developing Artemis. 52.245212 […]

    Pingback by Rules For Success? – Do Your Planning « The Anonymous Widower | March 14, 2011 | Reply

  10. […] I was part of the team that deliered the first computerised plan to Lloyds Bank, when we were developing Artemis. […]

    Pingback by Rules For Success? – Do Your Planning « The Anonymous Widower | March 14, 2011 | Reply

  11. […] we started Artemis, one of the team visited three hundred companies, who might want to buy our proposed project […]

    Pingback by Rules For Success – Research « The Anonymous Widower | March 15, 2011 | Reply


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