One of the oldest programming languages, the FORTRAN was developed by a team of programmers at IBM led by John Backus, and was first published in 1957. FORTRAN stands for Formula Translation.
It was the first successful high-level program, which was created in the 1950s to help scientists, engineers, and mathematicians write programs that could describe complex situations in nuclear science, Aviation technology and other strategic fields of research. It was very useful because it was designed to allow easy translation of math formulas into code.
In 1966 the language was standardized and FORTRAN IV was born. Since its creation FORTRAN has been used for designing of bridges, aero planes, factory automation systems and the analysis of scientific data etc.