What Is Feasibility Study?

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It's only a feasibility study, but you should take it seriously. The findings of this feasibility study will allow us to build a contingency plan and recommend a course of action that can keep your company running smoothly. A feasibility study is a technical examination of whether conditions are right or wrong to implement a project. Engineers can also do it to discover if they can build something new and exciting. Feasibility studies are usually performed in IT departments to check the feasibility of particular hardware and software setups before ordering new hardware or software. A feasibility study is a type of project that helps to determine if a project is feasible. To drive any precision for the implementation of technologies, engineers might look at a five-point model called TELOS. It includes the following components: technical, economic, legal, operational and schedule. Technical feasibility consists of all technical factors relevant to the project, such as available technology and knowledge base, existing infrastructure that may use for support, and availability of skilled workers for implementation. Economic feasibility checks whether financial resources will be available when needed; this includes customer support from someone else if appropriate or possible. A feasibility study determines whether or not one can do something. Under technical, the engineers ask whether the correct technology exists to support a project. Or, Under economics, they also look at the costs and benefits which are legal. They also look at any barriers to legal implementation, for instance, privacy issues or safety concerns. Under operational, they look at how they can maintain systems after being built. In schedule, they look at the chronology of a project. Feasibility studies can help you move from imagined to achieving. Please look at our project planning service, including feasibility studies and more.

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Related Terms by Financial Technology

Frequency Hopping - Code Division Multiple Access (FH-CDMA)

Frequency hopping is one of the oldest tricks in the book. It's basically how you get away with stealing someone else's lunch money while they're distracted by a game of kickball. Frequency hopping happens when you change the radio frequency of your signal so quickly that it's impossible for anyone to tell where you really are or what you're saying. In other words, it's like changing the channel on a TV set so fast that no one can tell where it is—or even if it's still on! It's a great way to hide from bullies, but it also works well for hiding from law enforcement agencies and other people who might not want you around—like cops or your parents when they're trying to find out where you are after curfew. When it comes to FH-CDMA, there's one thing that's for sure: it's not just for people who like to hop around. As when you're using FH-CDMA, you're hopping around—and your signal is hopping right along with you! That's because the FH-CDMA technique uses a specific algorithm to switch between all available frequencies based on a preplanned or random schedule. The receiver stays tuned to precisely the same center frequency as the transmitter (because they're in sync). FH-CDMA is like a little kid in a big pool. It's small, but it can swim pretty well. DS-CDMA is like an adult in the same collection—it's bigger and slower, but it knows how to float on its back and read a book while still staying dry. FH-CDMA is the best for people who want to use their devices without worrying about getting wet; DS-CDMA is better for those who want to keep their heads above water and see what's going on around them.

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FON Map

Do you want to make your wifi available to the people around your house on a party night? This is just the thing for you. FON is a Wi-Fi sharing program that allows users to "share with strangers" by enabling them to connect their devices to a single wireless network. When you download the FON software, you become part of a global wireless connectivity platform called FON. With FON, users share bits of a single Wi-Fi endpoint connection to enable more flexibility in hooking laptops and devices to wireless networks. If you've been in a foreign country and needed to get online but couldn't find an internet connection, you know how frustrating that can be. FON maps are more than a collection of dots on a map. They're a way to see your world differently. With FON, you can see where available FON spots are located relative to each other and your location. You can zoom in on a given area and find out if there's an open spot nearby, or zoom out and see how many open spots there are in your city. If you are still looking for available FON spots near you? You can request one! FON maps show where available FON spots are located all around the world. These maps typically show subsets of more than 4 million FON spots where those with FON access can use local Wi-Fi signals. To use the maps, log into your account on the FON website and click on "Find a hotspot." You'll see an area map with all available hotspots marked as red dots. You can click on any individual dot for more information about that location. If you're exhausted from being tethered to your home network when you're out and about on business or pleasure, FON might be right for you. It's not only easy to use, but it's also free!

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Flooding

It's time to be inundated with network traffic! Equipped with the most powerful routing engine, Flooding can efficiently deliver packets to other nodes in your network. This advanced flooding algorithm will have you wholly flooded in no time! Flooding is a simple and effective routing form in which a source or node sends packets through every outgoing link. Flooding is similar to broadcasting but can also be compared with multipoint communication. So Flooding uses every path in the network. It finds the shortest route to each destination. However, this means that the traffic received by any given destination depends significantly on network topology and distance from the source because there is no differentiation based on destination addresses. Flooding is also done. When routing data packets, initial network routing data is omitted. A hop count algorithm tracks network topology or visited network routes. It allows containers to access all available network routes, ultimately reaching their destination. However, packet duplication is always potential due to the lack of communication delay and selective flooding techniques. Flooding is a denial of service attack that floods network traffic on a network or host. It can be performed to knock down your network service or by making other users wait very long times for their requests to be serviced. The service is flooded with many incomplete server connection requests, so it cannot process genuine requests simultaneously. A flooding attack fills the server or host memory buffer; it cannot make further connections once complete. Flooding is used to bring down a network service, such as a DOS attack, which overwhelms a victim node or host with requests so that it cannot process legitimate traffic. It may accomplish it by exploiting software bugs, counting how many active flows exist on a network link and using botnets. We all like when the Internet is fast, but sometimes it works differently than we want. Well, that's because someone else on the network is causing problems—maybe they're downloading a big file or have a virus on their computer. It is called Flooding. When one person floods your network connection, it can slow down everyone's Internet access. With Flooding, you can lose this lousy guy from your network with just one click.

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Trending Definitions

Windows XP Mode (XPM)

Windows XP Mode, or XPM, more commonly known, was a neat addition to Microsoft's Windows 7 operating system back in the day. It was cool that you could run virtualized versions of Windows XP on your Windows 7 PC. The procedure was as follows: With XPM, you could run an authentic copy of Windows XP inside a virtual machine on a Windows 7. Any customizations you made in the XP environment wouldn't affect your primary Windows 7 installation; likewise, any changes you made in the Windows 7 installation wouldn't affect the XP environment. Your computer became a personal time machine, taking you back to the XP era (without having to give up all the modern conveniences of Windows 7). The primary advantage of Windows XP Mode (XPM) was that it enabled users to launch programs and applications initially developed for Windows XP but incompatible with Windows 7. This was especially helpful for companies that had already spent money on custom software designed for XP but needed more funds to upgrade their entire system. Users who were attached to specific versions of XP software, such as Solitaire or Minesweeper, could continue to do so. Technically speaking, "virtualization," which means "to create a virtual environment," is one of the essential words related to XPM. In the case of XPM, this virtual machine was operating a legal copy of Microsoft Windows XP. Another important technical term is "compatibility," because it was with XPM that users could launch programs and applications originally developed for Windows XP but incompatible with Windows 7. Windows XP Mode was a cool tool that let people use Windows 7 to run virtualized versions of Windows XP. This #WindowsXPMode #Virtualization #Compatibility was beneficial for businesses and individual users who wished to continue using older programs and applications developed for Windows XP.

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Parallel Computing

Parallel computing is definitely the future of computing. Sure, you can do everything you need using a single processor. In the age of big data, what's the point? It's time to get with the program and start using parallel computing. Parallel computers do not require all processors to be used simultaneously. This contrasts with the more common serial architecture, where one piece of software works sequentially on one processor. Parallel computing has several advantages over serial architecture, such as a decrease in software development time, an increase in performance due to the rise in the number of processors, and an increase in the efficiency of computer usage due to idle time on a single processor. Parallel computing is primarily used in engineering, artificial intelligence, and computer graphics. Parallel computing is also widely used in scientific research due to its increased processing speed. Parallel computing is often confused with Collective AI (Artificial Intelligence), though the two are not mutually exclusive. Parallel processing is when a computer does many things at once. It's also known as parallel computing. When a computer does something in parallel, it does it all at once—instead of one thing at a time like you would with serial processing. The reason for using parallel processing is to maximize the speed of your computer and get things done faster. Parallel computing is usually used in environments with massive amounts of data and computation power required to complete tasks. For example, if you're trying to figure out how much money someone owes you after they bought something from your store and then returned it (which happens all the time), then using parallel processing will help you figure out their total amount owed faster than if you just used serial processing.

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Merkle Tree

The Merkle Tree is a term you may need to familiarize yourself with. If not, get ready for a big treat and buckle up! A Merkle Tree is similar to a family tree, but it tracks digital data as opposed to our ancestors. It is a data structure resembling a tree used in cryptography to check data consistency without actually transferring any of it. Yes, you don't need to transfer the entire data to determine if it is genuine. We have a single hash, referred to as the "Root Hash," at the tree's base. The tree grows from its root into a series of hashes, and each is referred to as a "Node." The tree's leaves stand in for the real data being verified. Here's how it operates: if you want to validate the data, you take its hash and compare it to the leaf node's hash. The data has not been tampered with if the two hashes match. However, there's still more! Then, until you reach the root hash, you can compare the hash of the leaf node to the hash kept in the parent node. If all the hashes agree, you may be sure that the data is exactly as it was when it was first hashed. The technical term "Hash Function" is relevant here. A mathematical operation called a "hash function" produces a fixed-length string of characters called a "hash" from input data. It's crucial to remember that hash functions are deterministic, meaning that the same input will always result in the same output. Because the resulting hash will be entirely different if the data changes, even little, they are ideal for usage in Merkle Trees. The technical term "Merkle Proof" should also be kept in mind. A Merkle Proof is a small amount of data demonstrating that a certain piece of data is present in a Merkle Tree. Since this proof is often much less than the data, it may be transferred much more quickly. Merkle Trees are utilized in many different applications, such as blockchain technology, where they are used to efficiently and securely validate transactions. Numerous other applications, including safe file transfers and data storage, also use them. Merkle Trees are an effective technique for data verification and cryptography. They let us check the accuracy of data without transferring the actual data itself. Merkle Trees are a lifesaver because we can guarantee that the data we're working with is exactly as it was when it was hashed with the aid of Merkle Proofs and Hash Functions. Let's thus raise a digital glass in honor of the Merkle Tree, a real hero in data verification!

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