The faster-than-fast Fourier transform. The Fourier transform is one of the most fundamental concepts in the information sciences.
It’s a method for representing an irregular signal — such as the voltage fluctuations in the wire that connects an MP3 player to a loudspeaker — as a combination of pure frequencies. It’s universal in signal processing, but it can also be used to compress image and audio files, solve differential equations and price stock options, among other things.