Sunday, 14 April 2013

Know thy Meaning-4


cloud computing
  
Definition
Process where a task is solved by using a wide variety of technologies, including computersnetworksservers, and the Internet. Cloud computing is very similar to grid computing, however usually is differentiated from grid computing due to its use of Internet tools.

customer relationship management (CRM)
  
Definitions (2)
1. A management philosophy according to which a company’s goals can be best achieved through identification and satisfaction of the customers' stated and unstated needs and wants.
2. A computerized system for identifying, targeting, acquiring, and retaining the best mix of customers.
Customer relationship management helps in profiling prospectsunderstanding their needs, and in building relationships with them by providing the most suitable products and enhanced customer service. It integrates back and front office systems to create a database of customer contactspurchases, and technical support, among other things. This database helps the company in presenting a unified face to its customers, and improve the quality of the relationship, while enabling customers to manage some information on their own.

CRM software
Definition
An acronym for Customer Relationship Management software, which refers to software products that allow organizations to store, organize, synchronize, and search records relating to customer interactions. CRM Software may also include automation for business rules and business processes, such as contacting customers or sending out inventory replacement reminders.



augmented product
  
Definition
core product to which additional products and services may be added to generate multiple revenue streams. For example, an accounting software program that starts with a general ledger to which various modules such as budgetinginventory controlpayroll (as well as training aids such as booksnewslettersseminars, and videos) may be added. See also agile product.

document
  
Definition
Something tangible that records communication or facts with the help of markswords, or symbols. A document serves to establish one or several facts, and can be relied upon as a proof thereof. Generally speaking, documents function as evidence of intentions, whereas records function as evidence of activities.

network
  
Definitions (2)
1. Computers: A group of interconnected (via cable and/or wireless) computers and peripherals that is capable of sharing software and hardware resources between many users. The Internet is a global network of networks. See also local area network and wide area network.
2. Communications: A system that enables users of telephones or data communications lines to exchange information over long distances by connecting with each other through a system of routersservers, switches, and the like.

mainframe computer
  
Definition
Mainframes use proprietary operating systems, most of which are based on Unix, and a growing number on Linux. Over the years they have evolved from being room-sized to networked configurations of workstations and servers that are an extremely competitive and cost effective platforms for e-commerce development and hosting. Mainframes are so called because the earliest ones were housed in large metal frames.

erasable, programmable, read only memory (EPROM)
  
Definition
Type of solid-state electronic memory used mainly on computer motherboards for storing basic input output system (BIOS)hardware configurations, and other definable information. Such information used to be stored in read only memory (ROM) which could not be re-programmed or altered without using new memory chips, but EPROM allows software system upgrades while using

chip and pin
  
Definition
Program sponsored by the United Kingdom to implement a new debt card system that uses a chip implanted in the card and a pin number to authorize transaction. When the debit card is passed through the card reader, it will access the stored information on the chip and compare it to the pin number typed in by the user. The system has become widely used in the United Kingdom and is very similar to the standard debit card systems in other countries.

throughput
  
Definitions (5)
1. GeneralProductivity of a machineprocedureprocess, or system over a unit period, expressed in a figure-of-merit or a term meaningful in the given context, such as output per hour, cash turnover, number of orders shipped.
2. ComputingMeasure of a computer system's overall performance in sending data through all its components, such as the processor, buses, storage devices. Throughput is more meaningful indicator of system performance than raw clock speed (now measured in gigahertzs) advertised by computer vendors.
3. Data communications: (1) Measure of the efficiency of a network expressed as the data transfer rate of useful and non-redundant information. It depends on factors such as bandwidth, line congestionerror correction, etc. (2) In computer to computer data transfer, it is expressed as the product of data transfer rate of the modem and data compression ratio.
4. Internet: Measure of a website server's performance expressed as number of data requests handled in a unit period.
5. Manufacturing: User-measured processing speed of a machine expressed as total output in a unit period (usually an hour) under normal operating conditions. It includes operator caused delays and therefore differs from the machine vendor's rated speed which is often the machine's best output capability under optimum operating conditions

utility
  
Definitions (5)
1. Business: Large firm that owns and/or operates facilities used for generation and transmission or distribution of electricity, gas, or water to general public.
2. Computing: Auxiliary program that performs a specific useful function to maintain, or augment the efficiency of, a computer system. Utilities range from the small and simple to the large and complex, and from being marginally useful to being indispensable. Functions performed by utilities include data compressiondata recovery, disk defragmentation,management of computer resources and filessystem diagnosisvirus detection, and numerous other. Also called utility program.
3. Economics: Pleasure or satisfaction (value for money) derived by a person from the consumption of a good or service or from being in a particular place, and for the maximization of which all economic actions are motivated. It is the subjective or psychic return which cannot be measured in absolute or objective termsGoods or services that have utility for one person may not have for another, and what may have utility for a person at a certain time or place may not have it at another. See also utility theory.
4. Ethics: As described by the English philosopher-reformer Jeremy Bentham (1748-1832), what appears to "augment or diminish the happiness of the party whose interest is in question."
5. Patent law: Usefulness of the item for which a patent is applied. An invention must be capable of use and must perform some useful function for to be considered patentable.

computer output to laser disc (COLD)
  
Definition
Data archival technology that uses optical (laserdisc for data storage. Now superseded by computer output archival and retrieval (COAR) technology.

basic input output system (BIOS)
  
Definition
Set of procedures (short programs) stored on a type of read-only-memory (ROM), on the motherboards of IBM-PC compatible computers. These instructions handle computer start up operations (such as power-on self-test), and hardware configurations for devices such as disk driveskeyboard, and monitor.


 

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