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Enterprise High Performance Computing Market 2019Enterprise High Performance Computing (HPC) is a term that demands the use of super computers or parallel computing techniques to solve complex business problems. These problems often take too long for regular computers to solve or at times are unsolvable by them. With the growth in the technology sectors and research based organizations, long algorithms, complex equations, and elaborate problems are common occurrences. These computing devices solve these effectively and in very less time. There was a period when such computing devices were used only by a few specific industries. Thanks to the growth in technologies like AI and cloud computing, the need for these solutions has increased.
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This report covers in detail the past growth percentage of the high performance computing market, its current state and the forecasted growth of the market during the years from2019 to 2025. The key players that create these computing solutions are also discussed in detail here. These vendors are increasingly offering customized solutions to customers and this is also a reason why the market is set to see a booming growth. Few constraints that can slow down the growth of this industry are the lack of awareness on high computing solutions in small and medium scale industries and the high cost of implementing the solutions. The fear of data theft also hinders the market growth.
Market Segmentation
The report segments the study into 3 parts based on the market differences. Considering the key players, the report analyzes in detail about 13 different companies. The top names in this list are Amazon, Cray, Dell EMC, IBM, Microsoft, and Bright Computing. The market share of these companies, their growth projections, new product launches, and their future development strategies are all explained with clarity.
Based on the market segmentation on the type, the report covers both On-Premise and Cloud services. Cloud services are largely preferred by organizations owing to its ease of deployment and management. Depending on the application or area of use, this report considers five major segments. Automotive, Financial Services, Manufacturing, Oil and Gas and Life Sciences industries are major areas using HPC solutions. Other smaller application areas are also grouped together and studied.
Regional Analysis
This report covers 7 major regions that implement and use HPC solutions. The United States, China, Japan, Europe, South East Asia, India and Central and South America are all discussed in detail. The growth opportunities in these regions are explained and the entry and exit barriers are spoken about. USA will remain the top leader with highest market shares in the forecast period.
Industry News
In January 2019, IBM announced its development of the IBM Global High-Resolution Atmospheric Forecasting System or GRAF system that will crowdsource data from millions of sources around the world and provide updated and quick weather forecast information. This solution will use IBM’s POWER9-based HPC devices. The company added that this will be a 200% improvement from the current forecast scenario.
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