Univac stands for Universal Automatic Computer, and it was one of the first commercially available computers. Developed in the early 1950s by J. Presper Eckert and John Mauchly, it was designed to process large amounts of data quickly. The first model, Univac I, was delivered to the U.S. Census Bureau in 1951 and marked a significant milestone in computing history. The Univac system used magnetic tape for data storage and was known for its ability to perform complex calculations. It played a crucial role in various fields, including business, government, and scientific research, paving the way for future advancements in computer technology.