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So You Want to be an HPC Entrepreneur

Oct 20, 2014 |

Before you take the step to becoming a fully-fledged entrepreneur, in HPC of all areas, ask yourself why? Is it because you want to be your own boss and call the shots, are you a risk taker, want the flexibility, you have such a good idea you can’t not do it, or you just want Read more…

Arista Poised for Ethernet Expansion

Jun 9, 2014 |

In the wake of the Arista Networks IPO news on Friday, there has been a great deal of conversation about what the future of software-defined networking will be going forward, not just for its obvious role in hyperscale datacenters, but in other IT segments as well, including HPC. To be clear, other than having a Read more…

Shaking the HPC In-Memory Stack

Mar 3, 2014 |

Many who have been in HPC for a number of years will remember GridGain, the in-memory computing company that has found success at a number of commercial and academic high performance computing sites since its official launch in 2010—an effort backed with an initial $2.5 million investment, followed by another boost last year with a Read more…

The Top Supercomputing Led Discoveries of 2013

Jan 2, 2014 |

2013 has been an incredible year for the entire ecosystem around supercomputing; from vendors pushing new technologies to boost performance, capacity, and programmability to researchers turning over new insights with fresh techniques. While exascale has taken more of a backseat than we might have predicted at the year’s end of 2010, there are plenty of Read more…

Phi and Kepler Run Monte Carlo Race

Sep 18, 2013 |

This week we spoke with Jörg Lotze, CTO and cofounder of financial services-driven software firm, Xcelerit, about benchmarking accelerators, coprocessors, and multicore architectures with specific emphasis on how GPUs stack up against Intel Xeon Phi coprocessors. Lotze discussed the challenges and opportunities of each in the context of real-world Monte Carlo examples.

Short Takes

Haswell Speeds Popular Financial App

Sep 17, 2014 |

Continuing our coverage of the new Intel “Haswell” Xeon E5 v3 series chips, we turn our attention to a recent blog post from software acceleration specialists Xcelerit to see how the Haswell fares on a popular Monte-Carlo financial application. The Haswell E5 family offers significant performance gains over the previous Ivy Bridge processors but to Read more…

GPUs Enable Real-Time Risk Management

Jan 7, 2014 |

A recent report from the Securities Technology Analysis Center (STAC) shows for the first time that GPUs boost computing speed such that risk management benchmarks, like STAC-2, can be operated in real-time, enabling them to be used pre-trade. The testing was demonstrated using STAC-A2, the “Greeks” benchmark for risk analysis. Used in pricing and risk Read more…

HPC Trends for Wall Street

Oct 21, 2013 |

In a recent interview with Total Trading magazine, Jeffrey Birnbaum of 60 East Technologies offers his take on a range of technologies relevant to the intersection of high performance computing and trading. As the CEO & Co-founder of 60 East Technologies, which specializes in real-time streaming database software for the financial services sector, Mr. Birnbaum has a unique perch Read more…

The Algorithms That Shape the World

Oct 14, 2013 |

In this provocative talk from TEDGlobal, MIT Media Lab professor Kevin Slavin paints a picture of a world that is increasingly being shaped by algorithms. Slavin explores how these complex computer programs evolved from their espionage roots to become the dominant mechanism for financial services. But as the 2008 financial crash exemplified, allowing algorithms to Read more…

IBM’s Guide to Cloud Based HPC

Jun 12, 2013 |

Cloud computing is gaining ground in utilization by mid-sized institutions who are looking to expand their experimental high performance computing resources. As such, IBM released what they call Redbooks, in part to assist institutions’ movement of high performance computing applications to the cloud.

Off the Wire

Mellanox Announces Third Quarter 2014 Financial Results

Oct 23, 2014 |

SUNNYVALE, Calif. & YOKNEAM, Israel, Oct. 23 — Mellanox Technologies, Ltd., a leading supplier of end-to-end interconnect solutions for servers and storage systems, today announced financial results for its third quarter 2014, ended September 30, 2014. Third Quarter 2014 Highlights Revenues were $120.7 million GAAP gross margins were 67.2 percent Non-GAAP gross margins were 70.2 percent Read more…

Supermicro Announces First Quarter 2015 Financial Results

Oct 22, 2014 |

SAN JOSE, Calif., Oct. 22 — Super Micro Computer, Inc., a leader in application optimized, high performance server solutions, announced first quarter fiscal 2015 financial results for the quarter ended September 30, 2014. Fiscal 1st Quarter Highlights Quarterly net sales of $443.3 million, up 3.6% from the fourth quarter of fiscal year 2014 and up 43.5% from Read more…

Cray to Release Third Quarter 2014 Financial Results on October 28

Oct 21, 2014 |

SEATTLE, Wash., Oct. 21 — Global supercomputer leader Cray Inc. plans to host an investor conference call on Tuesday, October 28 at 1:30 p.m. PDT (4:30 p.m. EDT) to discuss its third quarter 2014 financial results. The call will feature a discussion by senior management followed by a question and answer session. Conference Call Information To Read more…

VLSCI Receives $6.65M Grant from the Victorian Government

Oct 20, 2014 |

Oct. 20 — A $6.65 million Victorian Government grant to the Victorian Life Sciences Computation Initiative (VLSCI) has assured Victoria maintains its competitive edge in the life sciences industry. The grant means that the world’s most powerful supercomputing facility dedicated to life sciences will continue to operate in Victoria. Minister for Technology Gordon Rich-Phillips said Read more…

IBM Reports 2014 Third Quarter Results

Oct 20, 2014 |

ARMONK, N.Y., Oct. 20 — IBM today announced third-quarter 2014 diluted earnings from continuing operations of $3.46 per share, compared with diluted earnings of $3.77 per share in the third-quarter of 2013, a decrease of 8 percent.  Operating (non-GAAP) diluted earnings from continuing operations were $3.68 per share compared with operating diluted earnings of $4.08 Read more…