ITM 100 Lecture Notes - Lecture 5: Grid Computing, Infosys, Green Computing
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The shared te(cid:272)h(cid:374)ology resour(cid:272)es that pro(cid:448)ide the platfor(cid:373) for the fir(cid:373)"s spe(cid:272)ifi(cid:272) information system applications. Includes investment in hardware, software, and services, such as consulting, education, and training. Set of physical devices and software required to operate enterprise. It management, standards, education, research an development services. Has been interpreted as: the power of microprocessors doubles every 18 months, computing power doubles every 18 months, the price of computing falls by half every 18 months. Nanotechnology: uses individual atoms and molecules to create computer chips and other devices. The amount of digital information is roughly every year. The cost of storage is falling at an exponential rate of 100 percent per year. The value of a network grows exponentially as a function of the number of network members. Point to the increasing returns to scale that network members receive as more and more people join the network.