MIS 301 Chapter Notes - Chapter 5-3: Financial Risk Modeling, Computer Cluster, Grid Computing

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Supercomputers: computers that are among the fastest of any in the world at the time of their introduction. Originally used in the domain of governments and high-end research labs. The world"s most famous supercomputer is the watson: a jeopardy-playing computer made by. Watson could be used in doctor"s offices: choosing what a physician should be focusing on by leveraging massive diagnosis databases while scanning medical histories. Modern supercomputing is typically done via a technique called massively parallel: massively parallel: computer designed with many microprocessors that work together, simultaneously, to solve problems. Cluster computing: connecting server computers via software and networking so that their resources can be used to collectively solve computing tasks. Think of multicore chips as having several processors in a single chip. Software as a service (saas) & cloud computing: service-based computing models in which organizations replace traditional software and hardware that they would run in-house with services that are delivered online.

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