Topics » Business

NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2016

Feb 18, 2016 |

SANTA CLARA, Calif., Feb. 18 — NVIDIA (NASDAQ: NVDA) has reported record revenue for the fourth quarter ended January 31, 2016, of $1.40 billion, up 12 percent from $1.25 billion a year earlier, and up 7 percent from $1.30 billion in the previous quarter. Revenue for fiscal 2016 was a record $5.01 billion, up 7 percent from $4.68 billion Read more…

Mellanox to Present at Upcoming Investor Conferences

Feb 18, 2016 |

SUNNYVALE, Calif. & YOKNEAM, Israel, Feb. 18 — Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of end-to-end interconnect solutions for servers and storage systems, today announced that it will present at the following conferences during the first quarter of 2016: JMP Securities Technology Conference in San Francisco, CA on Monday, February 29th at 9am PST. 28th Annual Roth Conference in Dana Point, CA on Monday, March 14th at 8:30am PST. When available, Read more…

Tabor Communications Appoints Tiffany Trader to Managing Editor of HPCwire

Feb 17, 2016 |

SAN DIEGO, Calif., Feb. 17 — Tabor Communications Inc., (TCI) an international media and communications company, and publishers of industry-leading online advanced computing publications including HPCwire, EnterpriseTech, and Datanami, today announced that Tiffany Trader has been appointed Managing Editor of HPCwire. An established tech journalist with over a decade’s experience covering high performance computing, Trader has been one of Read more…

Bright Computing Names Bill Wagner as Chief Executive Officer

Feb 16, 2016 |

SAN JOSE, Calif., Feb. 16 — Bright Computing, the leading independent provider of management software for high performance computing (HPC) clusters, big data clusters, and OpenStack clouds, announced today that Bill Wagner has been appointed as its Chief Executive Officer, effective immediately. As Bright Computing’s CEO, Bill succeeds Matthijs van Leeuwen, who founded the company and served as its CEO Read more…

Cray Reports 2015 Full Year and Fourth Quarter Financial Results

Feb 12, 2016 |

SEATTLE, Wash., Feb. 12 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) has announced financial results for the year and fourth quarter ended December 31, 2015. For 2015, Cray reported total revenue of $724.7 million, which compares with $561.6 million for 2014. Net income for 2015 was $27.5 million, or $0.68 per diluted share, compared to $62.3 million, or $1.54 per diluted share for 2014. Net income results Read more…

Amazon Web Services to Acquire NICE

Feb 12, 2016 |

The following is a post from the official blog of Amazon Web Services.   Feb. 12 — I would like to extend a warm welcome to our new colleagues at NICE. We have signed an agreement to acquire this leading provider of software and services for high performance and technical computing. Products for HPC From their headquarters Read more…

Weekly Twitter Roundup

Feb 11, 2016 |

Here at HPCwire, we aim to keep the HPC community apprised of the most relevant and interesting news items that get tweeted throughout the week. The tweets that caught our eye this past week are presented below. Check back in next Thursday for an entirely updated list. Everyone's pitching in to get #PSCBridges ready for users. Even Mike Levine has been installing cable trays! Read more…

Ali Kutay to Join UberCloud Board of Directors

Feb 11, 2016 |

LOS ALTOS, Calif., Feb. 11 — UberCloud, the online marketplace for engineers and scientists to discover, try, buy computing on demand, today announced that its Board of Directors has appointed Ali Kutay a member. Mr. Ali R. Kutay currently serves as Chairman and CEO of WebAction, a big data company that offers a real time stream analytics Read more…

Nor-Tech Reports Record Sales of HPC Clusters for CAE Modeling

Feb 11, 2016 |

Feb. 11 — Nor-Tech is reporting record sales of HPC clusters for CAE modeling. Among the reasons is Nor-Tech’s Demo Cluster, which gives organizations the ability to first test their simulation software on a cluster; and design innovations that bring the cost within reach of many organizations without compromising performance or quality. The HPC software Read more…

Global HPC Market Report Released by ReportsnReports

Feb 10, 2016 |

PUNE, India, Feb. 10 — The global high performance computing market is projected to reach USD 36.62 Billion by 2020, at a CAGR of 5.45% with higher computational power driving the HPC market growth with Asia-Pacific (APAC) expected to witness the highest growth and HPC servers to gain maximum market share during the forecast period. Read more…

SGI Announces Investor Conference Call to Discuss HPE OEM Deal

Feb 9, 2016 |

MILPITAS, Calif., Feb. 9 — SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics, and data management, today announced that SGI management will host a conference call for investors to discuss a new OEM agreement on Tuesday, February 9, 2016 at 6:15 AM PT. The conference call can be accessed by dialing (888) Read more…

New Report Says HPC Market to be Worth $36 Billion by 2020

Feb 5, 2016 |

PUNE, India, Feb. 5 — According to a new market research report, “High Performance Computing Market by Components Type (Servers, Storage, Networking Devices, & Software), Services, Deployment Type, Server Price Band, Vertical, & Region – Global Forecast to 2020”, published by MarketsandMarkets, the HPC market is estimated to grow from USD 28.08 Billion in 2015 and projected to be of USD 36.62 Billion by Read more…

Huawei and PSNC Inaugurate Innovation Center in Poland

Feb 3, 2016 |

Feb. 3 — Huawei and Poznan Supercomputing and Networking Center (PSNC) in Poland have officially inaugurated PSNC-Huawei Innovation Center where joint research in the area of high-performance computing (HPC), cloud storage, and big data will be carried out. The PSNC-Huawei Innovation Center is a remarkable step towards business and science collaboration, largely influencing development of Read more…

Lenovo Reports Strong Third Quarter Performance

Feb 3, 2016 |

HONG KONG, China, Feb. 3 — Lenovo Group has announced results for its third fiscal quarter ended December 31, 2015. Quarterly revenue was US$12.9 billion, an 8 percent year-over-year decrease, or 2 percent year-over-year in constant currency. Third quarter pre-tax income, excluding non-cash, M&A related accounting charges of US$77 million, was US$397 million, while reported pre-tax income Read more…

IBM Watson Ecosystem Opens for Business in India

Feb 2, 2016 |

BANGALORE, India, Feb. 2 — IBM (NYSE: IBM) today announced InspireOne Technologies and TEXTIENT as the first two India-based partners to join the IBM Watson Ecosystem. The companies will begin developing cognitive computing solutions in the region. InspireOne Technologies is using IBM Watson cognitive APIs in its professional development app to empower employees to develop their leadership skills, Read more…

Nimbix Addresses Enterprise Call for HPC With Executive Hire

Feb 2, 2016 |

DALLAS, Tex., Feb. 2 — Nimbix, a leader in cloud-based, High-Performance Computing (HPC) infrastructure and applications, today announced the appointment of Chuck Kelly as Senior Vice President of Sales. Kelly will be responsible for expanding the company’s enterprise sales organization and its channel of application providers, cloud consultants and resellers, through focused HPC marketing and sales initiatives. Read more…

CPU 24/7 and COMSOL Sign Hosting Partnership Agreement

Feb 2, 2016 |

Feb. 2 — CPU 24/7, a specialist in high-performance computing (HPC) on demand and leading global provider of “CAE as a Service” solutions for applications with regard to fluid dynamics, structural mechanics and multiphysics, extends its efficient and high-performance software portfolio with COMSOL products. Both companies now signed a cooperation agreement, which turns CPU 24/7 Read more…

Mellanox Promotes Amit Katz to Vice President of Ethernet Switch Sales

Feb 2, 2016 |

SUNNYVALE, Calif. & YOKNEAM, Israel, Feb. 2 — Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced the promotion of Amit Katz to Vice President of Ethernet Switch Sales. “Amit has been key to the growth of our Ethernet business and we are pleased to announce his promotion Read more…

Seagate Reports Fiscal Second Quarter 2016 Financial Results

Jan 29, 2016 |

CUPERTINO, Calif., Jan. 29 — Seagate Technology plc (NASDAQ: STX) today reported financial results for the second quarter of fiscal year 2016 ended January 1, 2016. For the second quarter, the Company reported revenue of approximately $3.0 billion, gross margin of 24.8%, net income of $165 million and diluted earnings per share of $0.55. On a Read more…

Supermicro Announces Second Quarter 2016 Financial Results

Jan 29, 2016 |

SAN JOSE, Calif., Jan. 29 — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, has announced second quarter fiscal 2016 financial results for the quarter ended December 31, 2015. Fiscal 2nd Quarter Highlights Quarterly net sales of $639.0 million, up 23.0% from the first quarter of fiscal Read more…