The binary number "1100111" represents a value in the base-2 numeral system, which is used in computing and digital electronics. Each digit in this system is a bit, and the number can be converted to decimal by calculating the sum of powers of 2. In this case, "1100111" equals 103 in decimal. In the context of computers, binary numbers like "1100111" are fundamental for data representation and processing. Each combination of bits can represent various types of information, including numbers, characters, and instructions, making binary essential for programming and digital communication.