In 1953, IBM recognized the immediate application for what it termed a "Random Access File" having high capacity and rapid random access at a relatively low cost. After considering technologies such as wire matrices, rod arrays, drums, drum arrays, etc., the engineers at IBM's San Jose California laboratory invented the hard disk drive. The disk drive created a new level in the computer data hierarchy, then termed Random Access Storage but today known as secondary storage, less expensive and slower than main memory but faster and more expensive than tape drives.

The IBM 305 RAMAC was the first commercial computer that used a moving-head hard disk drive for secondary storage. The system was publicly announced on September 14, 1956, with test units already installed at the U.S. Navy and at private corporations. RAMAC stood for "Random Access Method of Accounting and Control", as its design was motivated by the need for real-time accounting in business.