MEMS (Micro-Electro-Mechanical Systems) are microfabricated structures that have both electrical and mechanical components and functionality. The document discusses how MEMS can be used in accelerometers, gyroscopes, hard drive read/write heads to enable faster actuation and finer positioning. It also outlines fabrication processes for MEMS like surface micro machining and LIGA and provides examples of MEMS applications in data storage, concluding that MEMS will transform lives by improving comfort.