Intersect360 Research Examines Machine Learning Market, Spending Trends

November 6, 2019

SUNNYVALE, Calif., Nov. 6, 2019 — In two newly-released reports, leading HPC and hyperscale analyst firm Intersect360 Research examines the major technology trends in AI (artificial intelligence) and machine learning, examining the worldwide market, spending trends, and impact on the HPC market.

In Worldwide AI and Machine Learning Training Market Model: 2018 Spending and Future Outlook, Intersect360 Research reports spending on infrastructure for training machine learning models has grown over 50% per year the past two years, and will soon surpass $10 billion.

“Machine learning has been in a very high growth stage,” says Intersect360 Research CEO Addison Snell. “In addition to that $10 billion, many systems not one hundred percent dedicated to machine learning are serving training needs as part of their total workloads, increasing the influence that machine learning has on spending and configuration.”

However, it is critical to understand that while AI is a major IT trend, it does not constitute a “market” in the normal sense of the word, explains Snell. “The number-one question we’ve gotten for years is, ‘What is the size of the AI market?’ Intersect360 Research has taken a careful approach, looking at industry dynamics across HPC and Hyperscale to provide the guidance in this report.”

Snell explains, “The temptation is to rush to market with a new product or solution. This should be done carefully—not every user is ready to spend extra money on a new set of tools dedicated to machine learning. This report provides a roadmap to where the spending is.”

In its second report, HPC User Budget Map Survey, Special Report: Machine Learning’s Impact on HPC Environments, the analyst firm reports on how HPC sites are spending their budgets, and the impact machine learning has on those budgetary trends.

Almost two-thirds (61%) of Intersect360 Research survey respondents report that they are currently running machine learning programs as part of or in addition to their HPC environments, while another 10% plan to implement machine learning programs within the year.

Machine learning is already bringing additional revenue into the HPC market and is poised to bring more. “Budgets are shifting. This is indicative of additional revenue entering the market and a further commitment to machine learning algorithm development,” explains Snell.

He continues: “For-profit companies are racing forward toward AI leadership. There is money to be made, a lot of it, and quickly.”

Both Worldwide AI and Machine Learning Training Market Model: 2018 Spending and Future Outlook and HPC User Budget Map Survey, Special Report: Machine Learning’s Impact on HPC Environments, as well as the full calendar of Intersect360 Research reports, are available for purchase and download at www.intersect360.com. Inquire with [email protected] for discounts and special pricing.

About Intersect360 Research

Intersect360 Research is a market intelligence, research, and consulting advisory practice focused on high-performance data center trends, including High Performance Computing (HPC), artificial intelligence (AI) and machine learning, cloud computing, big data, and hyperscale. Intersect360 Research utilizes both user-based and supplier-based research to form a complete perspective of market dynamics, trends, and usage models, including both technical and business applications. The company’s end-user-focused research is inclusive from both a technology perspective and a usage standpoint, allowing Intersect360 Research to provide its clients with total market models that include both traditional and emerging HPC applications.


Source: Intersect 360 Research 

Subscribe to HPCwire's Weekly Update!

Be the most informed person in the room! Stay ahead of the tech trends with industry updates delivered to you every week!

Quantum Market, Though Small, will Grow 22% and Hit $1.5B in 2026

December 7, 2023

Few markets as small as the quantum information sciences market generate as much lively discussion. Hyperion Research pegged the worldwide quantum market at $848 million for 2023 and expects it to reach ~$1.5 billion in Read more…

AMD’s Horsepower-packed MI300X GPU Beats Nvidia’s Upcoming H200

December 7, 2023

AMD and Nvidia are locked in an AI performance battle – much like the gaming GPU performance clash the companies have waged for decades. AMD has claimed its new Instinct MI300X GPU is the fastest AI chip in the worl Read more…

Finding Opportunity in the High-Growth “AI Market” 

December 6, 2023

 “What’s the size of the AI market?” It’s a totally normal question for anyone to ask me. After all, I’m an analyst, and my company, Intersect360 Research, specializes in scalable, high-performance datacenter Read more…

Imagine a Beowulf Cluster of SuperNODEs …
(They did)

December 6, 2023

Clustering resources for faster performance is not new. In the early days of clustering, the Beowulf project demonstrated that high performance was achievable from commodity hardware. These days, the "Beowulf cluster mem Read more…

The IBM-Meta AI Alliance Promotes Safe and Open AI Progress

December 5, 2023

IBM and Meta have co-launched a massive industry-academic-government alliance to shepherd AI development. The new group has united under the AI Alliance banner to promote responsible innovation in AI. Historically, techn Read more…

AWS Solution Channel

Shutterstock 2030529413

Reezocar Rethinks Car Buying Using Computer Vision and ML on AWS

Overview

Every car that finds its way to a landfill marks another dent in the fight for a sustainable future. Reezocar, an online hub for buying and selling used cars, has a mission to change this. Read more…

QCT Solution Channel

QCT and Intel Codeveloped QCT DevCloud Program to Jumpstart HPC and AI Development

Organizations and developers face a variety of issues in developing and testing HPC and AI applications. Challenges they face can range from simply having access to a wide variety of hardware, frameworks, and toolkits to time spent on installation, development, testing, and troubleshooting which can lead to increases in cost. Read more…

ChatGPT Friendly Programming Languages
(hello-world.llm)

December 4, 2023

 Using OpenAI's ChatGPT to write code is an alluring goal. Describing "what to" solve, but not "how to solve" would be a huge breakthrough in computer programming. Alas, we are nowhere near this capability. In particula Read more…

Quantum Market, Though Small, will Grow 22% and Hit $1.5B in 2026

December 7, 2023

Few markets as small as the quantum information sciences market generate as much lively discussion. Hyperion Research pegged the worldwide quantum market at $84 Read more…

Shutterstock 1285747942

AMD’s Horsepower-packed MI300X GPU Beats Nvidia’s Upcoming H200

December 7, 2023

AMD and Nvidia are locked in an AI performance battle – much like the gaming GPU performance clash the companies have waged for decades. AMD has claimed it Read more…

Finding Opportunity in the High-Growth “AI Market” 

December 6, 2023

 “What’s the size of the AI market?” It’s a totally normal question for anyone to ask me. After all, I’m an analyst, and my company, Intersect360 Res Read more…

Imagine a Beowulf Cluster of SuperNODEs …
(They did)

December 6, 2023

Clustering resources for faster performance is not new. In the early days of clustering, the Beowulf project demonstrated that high performance was achievable f Read more…

The IBM-Meta AI Alliance Promotes Safe and Open AI Progress

December 5, 2023

IBM and Meta have co-launched a massive industry-academic-government alliance to shepherd AI development. The new group has united under the AI Alliance banner Read more…

Shutterstock 1336284338

ChatGPT Friendly Programming Languages
(hello-world.llm)

December 4, 2023

 Using OpenAI's ChatGPT to write code is an alluring goal. Describing "what to" solve, but not "how to solve" would be a huge breakthrough in computer programm Read more…

IBM Quantum Summit: Two New QPUs, Upgraded Qiskit, 10-year Roadmap and More

December 4, 2023

IBM kicks off its annual Quantum Summit today and will announce a broad range of advances including its much-anticipated 1121-qubit Condor QPU, a smaller 133-qu Read more…

The Annual SCinet Mandala

November 30, 2023

Perhaps you have seen images of Tibetan Buddhists creating beautiful and intricate images with colored sand. These sand mandalas can take weeks to create, only Read more…

CORNELL I-WAY DEMONSTRATION PITS PARASITE AGAINST VICTIM

October 6, 1995

Ithaca, NY --Visitors to this year's Supercomputing '95 (SC'95) conference will witness a life-and-death struggle between parasite and victim, using virtual Read more…

SGI POWERS VIRTUAL OPERATING ROOM USED IN SURGEON TRAINING

October 6, 1995

Surgery simulations to date have largely been created through the development of dedicated applications requiring considerable programming and computer graphi Read more…

U.S. Will Relax Export Restrictions on Supercomputers

October 6, 1995

New York, NY -- U.S. President Bill Clinton has announced that he will definitely relax restrictions on exports of high-performance computers, giving a boost Read more…

Dutch HPC Center Will Have 20 GFlop, 76-Node SP2 Online by 1996

October 6, 1995

Amsterdam, the Netherlands -- SARA, (Stichting Academisch Rekencentrum Amsterdam), Academic Computing Services of Amsterdam recently announced that it has pur Read more…

Cray Delivers J916 Compact Supercomputer to Solvay Chemical

October 6, 1995

Eagan, Minn. -- Cray Research Inc. has delivered a Cray J916 low-cost compact supercomputer and Cray's UniChem client/server computational chemistry software Read more…

NEC Laboratory Reviews First Year of Cooperative Projects

October 6, 1995

Sankt Augustin, Germany -- NEC C&C (Computers and Communication) Research Laboratory at the GMD Technopark has wrapped up its first year of operation. Read more…

Sun and Sybase Say SQL Server 11 Benchmarks at 4544.60 tpmC

October 6, 1995

Mountain View, Calif. -- Sun Microsystems, Inc. and Sybase, Inc. recently announced the first benchmark results for SQL Server 11. The result represents a n Read more…

New Study Says Parallel Processing Market Will Reach $14B in 1999

October 6, 1995

Mountain View, Calif. -- A study by the Palo Alto Management Group (PAMG) indicates the market for parallel processing systems will increase at more than 4 Read more…

Leading Solution Providers

Contributors

SC23 Booth Videos

Achronix @ SC23
AMD @ SC23
AWS @ SC23
Altair @ SC23
CoolIT @ SC23
Cornelis Networks @ SC23
CoreHive @ SC23
DDC @ SC23
HPE @ SC23 with Justin Hotard
HPE @ SC23 with Trish Damkroger
Intel @ SC23
Intelligent Light @ SC23
Lenovo @ SC23
Penguin Solutions @ SC23
QCT Intel @ SC23
Tyan AMD @ SC23
Tyan Intel @ SC23
HPCwire LIVE from SC23 Playlist

CORNELL I-WAY DEMONSTRATION PITS PARASITE AGAINST VICTIM

October 6, 1995

Ithaca, NY --Visitors to this year's Supercomputing '95 (SC'95) conference will witness a life-and-death struggle between parasite and victim, using virtual Read more…

SGI POWERS VIRTUAL OPERATING ROOM USED IN SURGEON TRAINING

October 6, 1995

Surgery simulations to date have largely been created through the development of dedicated applications requiring considerable programming and computer graphi Read more…

U.S. Will Relax Export Restrictions on Supercomputers

October 6, 1995

New York, NY -- U.S. President Bill Clinton has announced that he will definitely relax restrictions on exports of high-performance computers, giving a boost Read more…

Dutch HPC Center Will Have 20 GFlop, 76-Node SP2 Online by 1996

October 6, 1995

Amsterdam, the Netherlands -- SARA, (Stichting Academisch Rekencentrum Amsterdam), Academic Computing Services of Amsterdam recently announced that it has pur Read more…

Cray Delivers J916 Compact Supercomputer to Solvay Chemical

October 6, 1995

Eagan, Minn. -- Cray Research Inc. has delivered a Cray J916 low-cost compact supercomputer and Cray's UniChem client/server computational chemistry software Read more…

NEC Laboratory Reviews First Year of Cooperative Projects

October 6, 1995

Sankt Augustin, Germany -- NEC C&C (Computers and Communication) Research Laboratory at the GMD Technopark has wrapped up its first year of operation. Read more…

Sun and Sybase Say SQL Server 11 Benchmarks at 4544.60 tpmC

October 6, 1995

Mountain View, Calif. -- Sun Microsystems, Inc. and Sybase, Inc. recently announced the first benchmark results for SQL Server 11. The result represents a n Read more…

New Study Says Parallel Processing Market Will Reach $14B in 1999

October 6, 1995

Mountain View, Calif. -- A study by the Palo Alto Management Group (PAMG) indicates the market for parallel processing systems will increase at more than 4 Read more…

  • arrow
  • Click Here for More Headlines
  • arrow
HPCwire