Global HPC In Cloud Market Overview:
In terms of performance and accessibility, HPC cloud computing has advanced significantly. Cloud services can help businesses meet their most complicated and difficult computing and storage-intensive requirements when they need to execute HPC applications. Researcher productivity can be increased by using HPC in the cloud, which allows them to focus on their work rather than waiting for jobs to complete. In contrast to a general-purpose computer, HPC refers to high performance computing. Instead of million instructions per second, the performance of an HPC system is measured in floating-point operations per second (FLOPS) (MIPS). Supercomputers, commonly referred to as HPC systems, are capable of quadrillions of FLOPS, or petaFLOPS. Today, Linux-based operating systems are used by the majority of supercomputers.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Advancement in HPC Technology Business Are Using It for Simulations And Modelling Area
Market Growth Drivers:
Growing Need for Faster Insights, Secure and Reliable Solution among the Organizations and Increasing Demand for More Manageable Large Data and Easier Financial Analysis
Challenges:
Investing Significant Capital for Computing Equipment, Which Must Be Continually Upgraded, Paying For Ongoing Management and Other Operational Costs and Suffering a Delay, Or Queue Time, Of Days to Months before Users Can Run Their HPC Workload, Especially When Demand Surges
Restraints:
Cost of HPC in the Cloud Higher Than On-Premises and Data Security Concerns in Cloud Model
Opportunities:
Artificial Intelligence will be used to Improve HPC, Edge Computing Will Add Value and Speed and High-performance Computing Will Become Even More Accessible as a Service
Competitive Landscape:
The existence of numerous large competitors, including Intel Corporation Inc., Hewlett-Packard Company, Microsoft Corporation, IBM, Fujitsu Limited, and others, makes the market for cloud high performance computing particularly competitive. Launching new products, spending a lot on R&D, partnering with other businesses, making acquisitions, etc. are some of the main growth tactics these businesses have used to stay ahead of the fierce competition.
Some of the key players profiled in the report are Microsoft Corporation (United States), Agnostiq (Canada), Dell Technologies (United States), Cornelis Networks (United States), Intel (United States), Nexxiot (Switzerland), IBM (United States), Amazon Web Services, Inc. (United States), Atos (France) and DataDirect Networks (United States). Additionally, following companies can also be profiled that are part of our coverage like Rescale (United States), Advanced HPC (United States), Penguin Computing (United States), AccelStor (Taiwan) and Nimbix (United States). Analyst at AMA Research see United States Players to retain maximum share of Global HPC In Cloud market by 2027. Considering Market by Organization Size, the sub-segment i.e. Large will boost the HPC In Cloud market. Considering Market by Industry Vertical, the sub-segment i.e. Aerospace will boost the HPC In Cloud market. Considering Market by Service, the sub-segment i.e. HPC IaaS will boost the HPC In Cloud market. Considering Market by Component, the sub-segment i.e. Compute will boost the HPC In Cloud market.
Latest Market Insights:
In 2021, Hewlett Packard Enterprise announced that it has acquired Determined AI, a San Francisco-based startup that delivers a powerful and robust software stack to train AI models faster, at any scale, using its open-source machine learning (ML) platform. HPE will combine Determined AI’s unique software solution with its world-leading AI and high-performance computing (HPC) offerings to enable ML engineers to easily implement and train machine learning models to provide faster and more accurate insights from their data in almost every industry.
In 2021, Dell Technologies announced three expanded offerings in conjunction with the start of the ISC21 digital conference. The centerpiece is Omnia, new software underpinning workload deployment and management and ‘composable infrastructure’ capabilities. Also announced were expanded HPC-on-demand services and server GPU options.
What Can be Explored with the HPC In Cloud Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global HPC In Cloud Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in HPC In Cloud
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global HPC In Cloud market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in HPC In Cloud market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes HPC in Cloud Provider, HPC Software and Services Tools Developer, Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.