![]() Lotus on the other hand had released its Lotus 1-2-3 spreadsheet product back in the heady days of early 1983, when the impact of the IBM PC first began to be felt. It only developed its first Office product in 1988. Microsoft in comparison was a much older rival, having been founded way back in 1975 in Albuquerque, New Mexico. He came up with the Lotus name as Kapor was also a teacher of Transcendental Meditation techniques. Lotus Software was a much younger company than Microsoft, as it was founded in Massachusetts in 1982 by 32-year-old Mitchell D. Indeed, long before Microsoft dominated the Office sector, Lotus Software had a head start with respected products such as Lotus 1-2-3 (spreadsheet) and Lotus Notes (groupware). Lotus Software was one such company, and it had a real opportunity to dominate the Office productivity suite market in what was the growing PC era of the 1980s and 1990s. ![]() As the PC emerged as the main computing platform for millions of businesses around the world, a number of tech firms vied for the chance to become market leaders in the decades that followed.
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