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Iceland Hosts Technology Trifecta

Jul 9, 2013 |

Cloud computing might well serve as a bridge between green and high performance computing, as top HPC management layers couple with known efficient datacenters, such as what happened when Datapipe and Verne Global formed a partnership in the middle of June that will bring the Stratosphere management platform to Verne’s Icelandic datacenter.

Cray Cracks Commercial HPC Code

Jun 20, 2013 |

During a conversation this week with Cray CEO, Peter Ungaro, we learned that the company has managed to extend its reach into the enterprise HPC market quite dramatically–at least in supercomputing business terms. With steady growth into these markets, however, the focus on hardware versus the software side of certain problems for such users is….

Overcoming the Cloud Security Barrier for Financial Services

May 10, 2013 |

The private industry least likely to adopt public cloud services for data storage are financial institutions. Holding the most sensitive and heavily-regulated of data types, personal financial information, banks and similar institutions are mostly moving towards private cloud services – and doing so at great cost.

Big Data Engenders New Opportunities and Challenges on Wall Street

Sep 27, 2012 |

<img style=”float: left;” src=”http://media2.hpcwire.com/hpcwire/analytics_small.bmp” alt=”” width=”92″ height=”92″ />One of technology’s most pervasive buzzwords echoed in the ears of attendees at this year’s one-day HPC on Wall Street conference in New York City, as panel after panel addressed the challenges and opportunities that big data presents. From the opening remarks regarding Wall Street’s traditional concern of low latency, delivered by Cisco CTO Paul Perez, to the multiple open-ended discussions that took place in concurrent panels, the “big data” problem was a much-discussed topic.

Pocket Sized Shots of Techila

Jun 26, 2012 |

Cloud computing offers highly flexible and available compute capacity for a variety of applications. However, the act of provisioning those resources can be rather complicated, requiring a certain level of expertise and consequently reducing cloud adoption. In 2005, Techila was created to simplify the act of using the cloud, developing middleware to bridge applications to external compute resources.

Short Takes

Crossing Borders in the Cloud

Mar 28, 2013 |

Cloud computing has made the exchange of information between financial companies and the European community complicated.

NASDAQ OMX Builds Financial Cloud Platform with Amazon

Sep 25, 2012 |

The NASDAQ OMX group and Amazon Web Services have partnered to develop a cloud platform for financial institutions.

High Frequency Trading Slips Up Once Again

Aug 8, 2012 |

Errant HFT algorithm costs firm $440 million.

Predicting the Next Cloud Boom

Jul 24, 2012 |

According to a new report from Saugatuck Technology, cloud-based business analytics is poised for huge growth over the next two years.

Watson Gets a Shot at the Banking Business

Mar 8, 2012 |

IBM and Citigroup introduce the Jeopardy-winning supercomputer to the financial industry.

Off the Wire

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…

AMD Reports 2014 Third Quarter Results

Oct 17, 2014 |

SUNNYVALE, Calif., Oct. 17 — AMD has announced revenue for the third quarter of 2014 of $1.43 billion, operating income of $63 million and net income of $17 million, or $0.02 per share. Non-GAAP operating income was $66 million and non-GAAP net income was $20 million, or $0.03 per share. “AMD’s third quarter financial performance reflects progress in Read more…

Fujitsu, A*STAR, and SMU Sign Master Research Collaboration Agreement

Oct 15, 2014 |

Oct. 15 — Fujitsu Limited, the Agency for Science, Technology and Research (A*STAR) and the Singapore Management University (SMU) have today signed a Master Research Collaboration Agreement (MRCA) at Fusionopolis. Under the MRCA, a five-year partnership which builds on the Fujitsu-A*STAR MoU signed in Japan in March 2013, the parties will invest $54 million in Read more…