Parallelism involves executing multiple processes simultaneously using two or more processors. There are different types of parallelism including instruction level, job level, and program level. Parallelism is used in supercomputing to solve complex problems more quickly in fields like weather forecasting, climate modeling, engineering, and material science. Parallel computers can be classified based on whether they have a single or multiple instruction and data streams, including SISD, MISD, SIMD, and MIMD architectures. Shared memory parallel computers allow processors to access a global address space but can have conflicts when simultaneous writes occur, while message passing computers communicate via messages to avoid conflicts. Factors like software overhead and load balancing can limit the speedup achieved by parallel algorithms