Tag: on-demand computing
The world’s largest public GPGPU computing on-demand service was launched this week at the Siggraph International Conference in Los Angeles. PEER 1 Hosting, a provider of IT infrastructure, has constructed a 128-GPU compute cloud that incorporates NVIDIA Tesla gear and mental image’s RealityServer 3D Web platform.
Linux cluster maker Penguin Computing hopped on the HPC-in-a-cloud bandwagon this week with the announcement of its HPC on-demand service. Called Penguin On Demand (POD), the service consists of an HPC compute infrastructure whose capacity can be rented on a pay-as-you-go basis or through a monthly subscription.
A somewhat neglected aspect of the current financial crisis is the huge spike in trading volumes in recent days. In some cases, they have raised to more than double the average of the months (and years) that preceded the crisis. Systems, of course, don’t care if stocks are going up or down; they just need to handle the transactions. Cloud computing can help ensure they meet this task.
A common critique of external cloud computing services is that big-time IT users, like major corporations and financial institutions, are nowhere near getting on board. That might be true for the new breed of “cloud” services, but for the financial services sector, at least, outsourcing is far from a dirty word.