Efficiency in general describes the extent to which time, effort or cost is well used for the intended task or purpose. It is often used with the specific purpose of relaying the capability of a specific application of effort to produce a specific outcome effectively with a minimum amount or quantity of waste, expense, or unnecessary effort. "Efficiency" has widely varying meanings in different disciplines. The term "efficient" is very much confused and misused with the term "effective".
All stories in Efficiency
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'Crypto-Twitter' is explaining Bitcoin in 280 characters or less
Cryptocurrency fans on Twitter have been challenged: define Bitcoin in a single tweet as effectively as possible. Here are ...
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Microalgae could be the future of sustainable farming
You might not be able to stomach soybeans for breakfast, lunch and dinner, but the animals you eat do. Cultivation of the ...
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JP Morgan’s new digital 'coin' is not a cryptocurrency, or even a stablecoin
Do we really need another digital payment thing for institutional players to send money between themselves? JP Morgan says ...
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Poor cloud strategy can lead to unintended silos
The more things change, the more they stay the same. In the last few years, IT has undergone a massive shift as hybrid ...
