IST 195 Lecture Notes - Lecture 1: Predictive Analytics, Big Data, Electronic Trading

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Document Summary

Massive online open courses (moocs) give students and teachers access to teaching materials. Courses are available to huge audiences at any time. Social media - politics is moving online. President george w. bush created the president"s health information. Technology plan, which helped implement electronic health record systems. Showrooming = testing a product in-store, then buying it online. Net neutrality (all sites are provided at the same speed) is being tested in court and in government. Video surveillance, video analytics, predictive analytics, biometrics. 1944: the mark 1 - huge, but not much computing power. 1956: 305 ramac - designed by ibm, much smaller than previous computers, 5mb storage. 1970s-80s - storage and computers get smaller and more powerful. Moore"s law = the power of computing will double every two years. This means that the number of transistors on a processor will double. Server = serves out information; a more powerful computer meant to handle more requests; has a physical location.

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