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High-Performance Computing: Surging market due to increasing complex applications across diverse verticals
The growth in supercomputing clusters and scaling of complex applications across various industries have paved the way to the adoption of High-Performance Computing (HPC). HPC is a pervasive technology, allowing organizations to develop new innovative products and services in order to maintain competitive edge in the market. This technology is considered crucial in addressing grand scientific challenges such as simulation of atomic models and genomic analysis. This technology has also improved Return on Investment (ROI) scenario of various enterprises and helped them in making sound business decisions.
With the growth of supercomputing clusters, the infrastructure systems are scaling up resulting in challenges such as power and cooling and rising cost of compute resources. Power and cooling is one of the major barriers before adding up new systems for enterprises. The power consumption and cooling have also added up a few more challenges such as high utility costs, limited compute densities, and aging of HPC facilities. Thus, the vendors in the ecosystem would be continuously focusing on developing dense and energy-efficient building blocks, better utilization of each system, and optimized power and cooling infrastructure.
The vendors in this market are continuously focusing on developing new technologies and solutions to boost the performance and reduce the overall utility cost. The major focusing areas are exascale computing, hot water cooling, networking technologies, and embedded processors. These advanced developments are gaining traction and attracting investments from diverse industries such as Banking, Financial Services, and Insurance (BFSI), life sciences, manufacturing, and heavy industries. However government and defense sector still dominates the market in terms of spending and adoption.
This market is expected to grow as major vendors are aggressively investing and rigorously working towards building cost-effective computing solutions, in an effort to reduce the overall cost incurred by end-users.
High Performance Computing Market [Server, Storage, Networking, Software (Middleware, Cluster & Fabric Management, Performance Optimization), Professional Services, Deployment Models, Price Bands] - Global Market Forecasts & Analysis (2013 - 2018)
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