(1) (
Input
Process
Output) The primary operation of a computer or mobile device as directed by the instructions in the operating system and application software. The device accepts input (I); performs some kind of processing (P) on the input and outputs (O) the results.
(2) (
Initial
Public
Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. For cryptocurrency offerings, see
ICO.