Ovation Technologies

Last updated
Ovation Technologies
FormerlySpectrum Group Inc.
TypePrivate
IndustrySoftware
FoundedDecember 1982;40 years ago (1982-12) in Canton, Massachusetts
FounderThomas J. Gregory
Defunct1984;39 years ago (1984)
FateDissolved
ProductsOvation (never released)

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]

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References

  1. Wierzbicki, Barbara (1983-11-07). "Ovation integrates five applications". InfoWorld. CW Communications. 5 (45): 31–32 via Google Books.
  2. "New Companies". Computerworld . 1983-10-24. p. 90. Retrieved 2015-03-17.
  3. Posner, Bruce G. (1983-09-01). "In Search of Better Business Plan". Inc. Mansueto Ventures. Archived from the original on 2010-02-06.
  4. Shea, Tom (1984-05-07). "Developers Unveil 'Vaporware'". InfoWorld. Vol. 6, no. 19. pp. 48–51 via Google Books.
  5. 1 2 Bartimo, Jim (1984-12-03). "Stoking the Micro Fire". InfoWorld . p. 48. Retrieved 2015-03-17.
  6. Needle, David (1984-02-20). "Late Breaking News". InfoWorld. p. 11. Retrieved 2015-03-17.
  7. Alsop, Stewart II (1988-01-18). "Tandy DeskMate: Viva La Small Business" (PDF). P.C. Letter. 4 (2): 9–10.
  8. McCarthy, Michael (1984-11-12). "From the News Desk". InfoWorld. CW Communications. 6 (46): 13 via Google Books.
  9. 1 2 Forbes ASAP Staff (2001-05-28). "Burning Questions, Final Answers". Forbes . Retrieved 2015-03-17.
  10. Flynn, Laurie (1995-04-24). "The Executive Computer". The New York Times: D4. Archived from the original on 2011-01-10.
  11. Townsend, Emru (2008-05-06). "The top 15 vaporware products of all time". PCWorld. IDG Communications. Archived from the original on June 19, 2021.