Parallel processing, or parallelism, separates a runtime task into smaller parts to be performed independently and simultaneously using more than one processor. A computer network or computer with more than one processor is typically required to reassemble the data once the equations have been solved on multiple processors.

Future of Parallel Computing: The computational graph has undergone a great transition from serial computing to parallel computing. Tech giant such as Intel has already taken a step towards parallel computing by employing multicore processors. Parallel computation will revolutionize the way computers work in the future, for the better good.

Parallel computing is a type of computation in which many calculations or processes are carried out simultaneously. Large problems can often be divided into smaller ones, which can then be solved at the same time. There are several different forms of parallel computing: bit-level, instruction-level, data, and task parallelism.

Modern computers, even laptops, are parallel in architecture with multiple processors/cores. In most cases, serial programs run on modern computers "waste" potential computing power.