The global High Performance Computing Market is expected to grow from USD 32.11 billion in 2017 to USD 44.98 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 7.0%. Data center providers are constantly improving their infrastructure to support the complex applications used by the enterprises in their day to day operations. HPC architecture provides excellent computing power and enhanced performance for running technologically advanced applications. HPC is practice of aggregating computing power in a way that delivers a much higher performance than IT teams could get out of a typical workstation, to solve large problems in science, engineering, or business.
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The arrival of exascale computing is seen as one of the biggest opportunities that will maximize the benefits of HPC. Exascale refers to computing systems that are at least 50 times faster than the most powerful supercomputers in use today. Exascale computing will provide advanced modeling and simulation solutions that will address the key challenges in scientific discovery, energy assurance, economic competitiveness, and national security. The Exasclae Computing Project is a collaborative effort of 2 US Department of Energy (DOE) organizations: the Office of Science (DOE SC) and the National Nuclear Security Administration (NNSA). With the increasing volumes of data, HPC systems are demanding both greater memory capacity and high performance bandwidth to operate efficiently. Exascale computing will address both these challenges, thereby providing huge opportunities to the HPC market to flourish.
The potential users in many SMEs lack awareness about the benefits of HPC and do not have the budget to set up such systems. SMEs in many developing nations are still skeptical about adopting HPC, due to the high investment costs involved. Many of them are unaware about the various advantages that HPC offers, such as better performance and customizable delivery. These enterprises also lack the technical expertise needed to establish and run an HPC system. However, cloud computing can boost the use of HPC among SMEs, as it will considerably cut down the costs for them.
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