Hilbert C*-module
Hilbert C*-modules are mathematical objects which generalise the notion of a Hilbert space (which itself is a generalisation of Euclidean space), in that they endow a linear space with an "inner product" which takes values in a C*-algebra. Hilbert C*-modules were first introduced in the work of Irving Kaplansky in 1953, which developed the theory for commutative, unital algebras (though Kaplansky observed that the assumption of a unit element was not "vital"). In the 1970s the theory was extended to non-commutative C*-algebras independently by William Lindall Paschke and Marc Rieffel, the latter in a paper which used Hilbert C*-modules to construct a theory of induced representations of C*-algebras. Hilbert C*-modules are crucial to Kasparov's formulation of KK-theory, and provide the right framework to extend the notion of Morita equivalence to C*-algebras. They can be viewed as the generalization of vector bundles to noncommutative C*-algebras and as such play an important role in noncommutative geometry, notably in C*-algebraic quantum group theory, and groupoid C*-algebras.
Observable
If the Hilbert space is finite-dimension, it can be represented by a Hermitian matrix if the space is finite-dimensional. In an infinite-dimensional Hilbert space, the observable is represented by a symmetric operator, which may not be defined everywhere. The reason for such a change is that in an infinite-dimensional Hilbert space, the observable operator can become unbounded, which means that it no longer has a largest eigenvalue. This is not the case in a finite-dimensional Hilbert space: an operator can have no more eigenvalues than the dimension of the state it acts upon, and by the well-ordering property, any finite set of real numbers has a largest element. For example, the position of a point particle moving along a line can take any real number as its value, and the set of real numbers is uncountably infinite. Since the eigenvalue of an observable represents a possible physical quantity that its corresponding dynamical variable can take, we must conclude that there is no largest eigenvalue for the position observable in this uncountably infinite-dimensional Hilbert space. 
A crucial difference between classical quantities and quantum mechanical observables is that the latter may not be simultaneously measurable, a property referred to as complementarity. This is mathematically expressed by non-commutativity of the corresponding operators, to the effect that the commutator