BINAC meaning in Information Technology ?

BINAC (Binary Automatic Computer) was an early electronic computer designed for Northrop Aircraft Company by the Eckert–Mauchly Computer Corporation (EMCC) in 1949. Eckert and Mauchly, though they had started the design of EDVAC at the University of Pennsylvania, chose to leave and start EMCC, the first computer company. BINAC was their first product, the first stored-program computer in the United States; the BINAC is also sometimes claimed to be the world's first commercial digital computer even though it was very limited in scope, never fully functional and always economically unviable.