A pluggable, modular electronic processing component comprises a housing and programmable circuitry. The housing includes a set of conductive terminals that extend therefrom, and each terminal of the set of conductive terminals is sized and spaced to fit into a corresponding terminal socket of a distribution module. The programmable circuitry contained within the housing comprises a processor and a bus interface communicably coupled to the processor. The bus interface interfaces the pluggable, modular electronic processing component to a bus connected to via the distribution module. Further, the bus interface is coupled to a subset of the conductive terminals of the housing. Moreover, the programmable circuitry comprises a configurable input-output (or a set of configurable I/O) that is coupled to a second subset of the conductive terminals of the housing.