There are many applications requiring an instrument to be brought to the sample for chemical analysis onsite (rather than bringing a sample to a lab for analysis, as is done traditionally). Ideally, for such applications, a portable chemical analysis instrument must be capable of acquiring data using a smartphone, have wireless capability and it must be able to become part of the Internet-of-Things (IoT). But do smartphones have the required processing power to execute computationally-intensive algorithms, such as a Fast Fourier Transform (FFT)? Among others, FFTs are used for filtering (e.g., de-noising) of periodic signals, thus improving Signal-to-Noise Ratio (SNR). Using non-periodic signals and Fourier-domain interpolation for resolution enhancement, it will be shown that smartphones do have the necessary power.