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The IBM System/360, also known as IBM 360, is considered a third-generation computer. It was introduced by IBM in 1964 and marked a significant advancement in computer architecture. This generation was the first to use integrated circuits (ICs) instead of individual transistors, which made computers smaller, faster, and more reliable.

One of the major breakthroughs of the IBM 360 series was its ability to support both scientific and commercial applications using the same system. It introduced a standard architecture across a family of computers, meaning programs written for one model could run on other models as well. This was revolutionary at the time and helped reduce software development costs and improve compatibility.

The third generation (mid-1960s to early 1970s) also featured improvements in storage, processing speed, and input/output handling. Systems like the IBM 360 played a major role in industries, government, and scientific research.