Time-sharing
From Wiki @ Karl Jones dot com
In computing, time-sharing is the sharing of a computing resource among many users by means of multiprogramming and multi-tasking.
Its introduction in the 1960s by students and professors at Dartmouth College, and emergence as the prominent model of computing in the 1970s, represented a major technological shift in the history of computing.
By allowing a large number of users to interact concurrently with a single computer, time-sharing dramatically lowered the cost of providing computing capability, made it possible for individuals and organizations to use a computer without owning one, and promoted the interactive use of computers and the development of new interactive [[Application software|applications].
External Links
- Time-sharing @ Wikipedia