Market Snapshot:
Enterprise High performance computing (HPC) is the capacity to process data and carry out intricate calculations quickly. To put it into perspective, a laptop or desktop with a 3 GHz processor can do roughly 3 billion calculations per second. Even while that is significantly faster than what a human can manage, HPC systems that are capable of performing quadrillions of calculations per second dwarf it. It is through data that groundbreaking scientific discoveries are made, game-changing innovations are fueled, and quality of life is improved for billions of people around the globe. HPC is the foundation for scientific, industrial, and societal advancements. To keep a step ahead of the competition, organizations need lightning-fast, highly reliable IT infrastructure to process, store, and analyze massive amounts of data through Enterprise High Performance Computing.
Highlights from Enterprise High Performance Computing Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Players profiled in the report are IBM (United States), HPE (United States), Altair (United States), Microsoft Corporation (United States), Rescale (United States), Suse (Germany), AWS (United States), DataDirect Networks (United States), Atos (France) and Cray Inc (United States). Additionally, other players that are part of this comprehensive study are Nvidia Corporation (United States), AMD (United States), Dell (United States), Bright Computing (United States) and Intel (United States).
Geographic Breakdown and Segment Analysis
The Global Enterprise High Performance Computing market presents a comprehensive analysis of the Enterprise High Performance Computing market by product type (Homogeneous Machines and Hybrid), by end-user/application (Financial Technology, Media And Entertainment, Oil And Gas, Healthcare And Life Sciences, Government And Defense and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Enterprise High Performance Computing industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Enterprise High Performance Computing market
Analyst at AMA have segmented the market study of Global Enterprise High Performance Computing market by Type, Application and Region.
Influencing Trend:
Uses of Artificial Intelligence and Advanced Data Analytics in Enterprise High Performance Computing, Innovation of Fifth Generation (5G) Technology and Innovations of New Generation Supercomputers for High Performance Computing
Market Growth Drivers:
Rising Demand In Track Storms Predictions And New Materials Creation In Research Labs, Surge In Demand In Track Of Real-Time Stock Trends And Automate Trading and Rising Demand In Healthcare For More Accurate Patient Diagnosis
Challenges:
Complicated Software Licensing for Enterprise High Performance Computing, Hardware Failure Issues Associated with Enterprise High Performance Computing, Lack of Skilled IT Professional for High Performance Computing and Complex Design and Difficulties in Implementing and Building High Performance Computing
Restraints:
High Cost Associated with Enterprise High Performance Computing and Risk and Threat of Cyber Attacks Associated with Enterprise High Performance Computing
Opportunities:
Growth in Information and Technology Infrastructure and Rising Number of Small Medium and Large Enterprises
Market Developments Activities:
On 21 June 2022, 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.
On 25 May 2022, Atos launches Nimbix Supercomputing Suite, a set of flexible and secure high-performance computing (HPC) solutions available in an as-a-service model. Atos’ Nimbix Supercomputing Suite includes two new offerings including industry-first federated supercomputing-as-a-service and dedicated bare metal services, providing customers with added agility for their compute-intensive workloads and expanded consumption models.
Regulatory Insights:
NREL complies with U.S. export control policies and regulations. HPC use by foreign nationals is generally permitted regardless of whether access to NREL HPC resources is from the United States or abroad. However, the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals and prohibits use of HPC resources by individuals and companies on the OFAC sanctioned list. NREL will also not permit access to HPC resources to citizens of – or companies/individuals physically located in – the following countries: Cuba, Iran, Syria, Sudan, North Korea, and Crimea Region of Ukraine. This access restriction shall also apply to companies owned or controlled by, or acting for or on behalf of, the listed countries.
The market for Enterprise High Performance Computing is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share.
Key Target Audience
Enterprise High Performance Computing Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others