CXOtoday: HP is banking on high-performance computing (HPC) to increase its foothold in fast growing segments such as oil & gas, automotive design, digital content creation and financial services. These are computing-intensive segments that require faster, more intense and reliable computing that commercial applications may not be able to cater to, entirely on their own.
"HP's high performance computing is enabling it to gain access to these segments, which would otherwise have been inaccessible," says Faisal Paul, country manager, HP HPC. Digital content creation especially has emerged as an exciting arena where HPC applications are on a high-growth curve. This segment requires high computing power for applications such as creating millions of animation slides to render realistic real-time animation and digital content.
HPC is also increasingly being used in the financial services and insurance segment for applications such as investment portfolio analysis, risk management and economic modeling. In insurance particularly, factoring in a number of risk factors, quantifying risk involved in each assurance and deciding premia is becoming an increasingly automated process courtesy high-performance computing.
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