The "Power of Two" refers to the mathematical concept where a number is expressed as two raised to an exponent. For example, 2^0 equals 1, 2^1 equals 2, 2^2 equals 4, and so on. This concept is fundamental in various fields, including computer science, where binary systems use powers of two for data representation. In practical applications, the "Power of Two" is significant in areas like data storage and networking. For instance, computer memory is often measured in powers of two, such as 1 KB (kilobyte) being 2^10 bytes. Understanding this concept helps in grasping how digital systems operate efficiently.