From the great resource also known as Tech Target they publish some of the most interesting their WhatIs site! I have pulled the latest and greatest Tech Terms you Should know! Here are 3 you might not know:
AWS Direct Connect
Life-cycle cost Analysis
AWS Direct Connect
Direct Connect is a network service that allows a customer to establish a dedicated network connection between one of Amazon’s Direct Connect locations and the customer’s data center or colocation environment.
Direct Connect provides Amazon Web Service (AWS) customers with a way to transfer data that does not involve using the public Internet. According to Amazon, private network connections provide a safer, more consistent network experience than Internet-based connections. Direct Connect is also useful for customers whose corporate governanceprohibits the use of the public Internet for transferring sensitive data because of compliance concerns.
Direct Connect can be used with all AWS services, including Amazon Elastic Compute Cloud (EC2), Amazon Virtual Private Cloud (VPC), Amazon Simple Storage Service (S3), and Amazon DynamoDB. AWS charges for data transferred over the dedicated connection at a reduced rate rather than the standard Internet data transfer rate (DTR), and pricing is per port-hour.
life-cycle cost analysis (LCCA)
Life-cycle cost analysis (LCCA) is the study of all the costs associated with processes, materials and goods from acquisition to ownership and maintenance, through to and including disposal. LCCA results in the estimated total cost of ownership (TCO) and can help determine the viability of a purchase or identify the best option among alternatives.
In performing LCCA for a data center server, for example, one might tally purchase price, repairs, maintenance, upgrades, service or support contracts, network integration, security, software licenses and end-user training. The analysis should also include less commonly considered costs, such as the credit terms on which the company purchased the product.
Through analysis, the purchasing manager might assign a monetary value to intangible costs, such as systems management time, electricity used, downtime, insurance and other overhead. The total cost of ownership must be compared to the total benefits of ownership (TBO) to determine the viability or assess the value of a purchase, which can be done through a cost-benefit analysis
An Internet of Things (IoT) gateway is a physical device or software program that serves as the connection point between the cloud and controllers, sensors and intelligent devices. All data moving to the cloud, or vice versa, goes through the gateway, which can be either a dedicated hardware appliance or software program. An IoT gateway may also be referred to as an intelligent gateway or a control tier.
Some sensors generate tens of thousands of data points per second. A gateway provides a place to preprocess that data locally at the edge before sending it on to the cloud. When data is aggregated, summarized and tactically analyzed at the edge, it minimizes the volume of data that needs to be forwarded on to the cloud, which can have a big impact on response times and network transmission costs.
Another benefit of an IoT gateway is that it can provide additional security for the IoT network and the data it transports. Because the gateway manages information moving in both directions, it can protect data moving to the cloud from leaks and IoT devices from being compromised by malicious outside attacks with features such as tamper detection, encryption, hardware random number generators and crypto engines.