What is ARM?
Without getting too technical, an ARM (or Advanced RISC Machine) usually refers to a very small and usually cheap device that is often created for a very specific task. These machines are so called because they use an ARM processor (a small processor with less speed/capabilities than a traditional computer processor). You often see these processors in small devices like cellphones, watches, or othes that have a limited amount of space and/or battery power.
In the context of Ignition, you might take a small device (like a Raspberry Pi or similar) and install Ignition to create an edge of network device for simple data logging. You could also install a slimmed down operating system like Linux and use the device as a client for an existing Ignition installation. This page details installing Ignition on the device and is focused on our edge of network example rather than using the device as a client.