Adaps was founded in 1964 by John Thompson and Peter Monahan. It was originally a bureau service, “Adaps” being short for Australian Data Processing. At this time, Adaps processed information for such companies as The Age and ANZ. This was done using an IBM Mainframe 360/30, which used punch cards as the input and sorted through information held on magnetic tapes. The company quickly grew to have 100 people programming, and 60 people entering the data (doing the key punching). This was done 24 hours a day, 7 days a week. Adaps never slept, and with no one over 30 in the company (the GM was 29) it was an exciting environment to work in, with people wandering about at all hours. Paul Halstead, the current Managing Director, joined the company in 1967 to try his hand as a programmer. The manager of Adaps at the time quickly realised that as programmers go, Paul would make a very nice addition to the sales team! The owners publicly listed the company in 1969 – the first Australian IT company to go public. In 1972 Paul Halstead left Adaps and went to London to join Computer People, quickly moving into the position of General Manager. Within 3 years it had become the biggest contract services company in Europe, following soon after with an office of 22 people in New York. At the same time (1972), the Jelbart Family gained majority share-holdings of Adaps and John Thompson sold his shares in the company, going on to pursue other business interests.
- Company Email email@example.com
- Company Phone 03 9867 1765
- City Melbourne
- State New South Wales