Moore's Law and Impact on Technology Management

These flashcards cover key concepts related to Moore's Law, technology management implications, and definitions relevant to computing and information systems.

Moore's Law

Chip performance per dollar doubles approximately every eighteen months.

Price Elasticity

Rate at which the demand for a product or service fluctuates with price change.

Volatile Memory

Storage that is wiped clean when power is cut off from a device.

Nonvolatile Memory

Storage that retains data even when powered down.

Solid State Drive (SSD)

A chip-based, nonvolatile storage device.

Cloud Computing

Replacing computing resources with services provided over the Internet.

Big Data Analytics

The process of examining large datasets to uncover hidden patterns and insights.

Compiler

A program that turns code written by a software developer into instruction sets that a processor understands.

Emulators

Software that enables older applications to run on new hardware by mimicking the old systems.

E-waste

Discarded technology that is often obsolete and can be a source of environmental pollution.

Artificial Intelligence (AI)

A branch of computer science dealing with the simulation of intelligent behavior in computers.

Semiconductor

A substance, such as silicon, that can conduct electricity under certain conditions.

Multicore Microprocessors

Processors that contain multiple cores for improved performance and efficiency.