'KIPS''' refers to thousands (not 1024s) of instructions per second, by analogy with MIPS. Usage: rare, as most current microprocessors can execute several million instructions per second.

This article (or an earlier version of it) contains material from FOLDOC, used with permission.

KIPS is also a common joke name for 16-bit microprocessor designs developed in undergraduate computer engineering courses that use the text Computer Organization and Design by Patterson and Hennessy (ISBN 1-55860-428-6), which explains computer architecture concepts in terms of the MIPS architecture. Such architectures tend to be scaled down versions of the MIPS R2000 architecture.