Technology Jargon

This page just explains through laymen terms technology jargon I will frequently use throughout this blog. Feel free to comment or email reachme [at] technmark [dawt] net if you want definitions or detailed articles about jargons seen in this website or elsewhere

 

Accelerator – (Refer to Incubation/Incubatee) The biggest difference with Accelerators and Incubators are the time length (Accelerator – 3-4 months, Incubators – 1-2 years), equity stake (Accelerator – single digit %, Incubator – double digit %) and stage of development for startup (Accelerator – existing idea and operations, Incubator – fine tuning of idea and launch of operations)

API – Application Programming Interface specifies how components of softwares interact with each other. An example is Google Maps applications used by websites or mobile apps to display Google information inside respective websites or mobile apps

CPU – (Refer to Processor)

Computer Architecture – The design behind what parts of a computer system are needed and how they should interact with each other

Concept [Device] – The word “Concept” behind Concept Smartphones or other devices means its futuristic, containing ideas of product features that would potentially become a trend within the industry

Flash Memory – A type of computer storage device that can keep stored information even when not powered and able to be electronically erased or rewritten

GPU – (Refer to Processor)

Hard Drive / Hard Disk Drive - A data storage device that uses rapidly rotating disks coated, used for storing and retrieving data directly

Incubation/Incubatee – (Refer to Accelerator) An incubation program as its name suggests “incubates” a startup by providing resources, facilities and training. It’s purpose is to jump start a startup to be self sustaining and grow even bigger in operations. Incubatees are startups that have joined an incubation program

Lean Startup - Reducing the cost of setting up an operating startup by minimizing all possible components required to test market waters. If market reaction is positive, then the startup scales up in operations. The idea is with such cheap set up costs, it allows entrepreneurs to start fast, fail fast and start again fast until they hit the sweet spot of what a potentially big market wants.

Peripherals – (Refer to Computer Architecture) A device connected to a host computer which enhances the host’s capabilities without being part of the computer architecture

Pivot - (Refer to Lean Startup) A concept very crucial to the Lean Startup theory where companies need to be flexible enough to make changes in company or product direction based on feedback from market that deviates from initial plans or assumptions

Processors – Your CPU (Central Processing Unit) / GPU (Graphics Processing Unit) are both processors. Processors are hardware that carry out instructions from computer programs and generate results

OS / Operating System – The “brain” behind any device such as computers, tablets or smartphones. It helps coordinate every piece of hardware in a device to work together while providing a platform for the devices’ software to work and interact with the user.

Semi-Conductor – The type of material that computer chips are made of, a material that is neither a good conductor of electricity nor a good insulator like Silicon

Smart Connected Devices – Any device that uses an Operating System, such as desktop computers, laptop computers, tablets and smartphones

SoC / Systems on a chip - SoCs are an integrated system of all computer or electronic system components in one chip

SSD (Refer to Hard Drive)- Solid-State Drive, a data storage device that deviates from traditional hard drives by having no moving mechanical components, allowing it to be more less susceptible to physical shock and increase reading speed of data

Technology Evangelist – A role that is tasked with the proliferation of the technology assigned to him/her

by Stefen Zhao (I’m also known as Stef. Find me at reachme [at] technmark [dawt] net / twitter.com/technmark / google.com/+StefenZhao)