What is High-Performance Computing In Education
High-Performance Computing (HPC) involves processing data and executing complex calculations at incredibly high speeds. HPC platforms today can perform quadrillions of calculations per second, with the possibility of quintillions in the future.
Over the past few decades, HPC has seen a tremendous surge in usage across scientific, engineering, and business communities to tackle complex problems like genome sequencing, climate change prediction, aerodynamics design, and customer preference analysis. While HPC has been integrated into science curricula like bioinformatics, the same can't be said for most computing programs. As a result, computing educators are now recognizing the pressing need for HPC Education (HPCEd).
High-Performance Computing Market Growth Expectations
The global high-performance computing market is projected to expand at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030, driven by various factors. The market size was valued at USD 48.51 billion in 2022 and is expected to experience continued growth due to the growing demand for high-efficiency computing, advancements in virtualization, continued diversification and expansion of the IT industry, and the increasing preference for hybrid high-performance computing solutions.
The ability of HPC systems to process massive amounts of data at high speeds is leading to their adoption in academic institutions, defense agencies, energy companies, government agencies, and the utility sector, which is expected further to fuel the growth of the high-performance computing industry. Moreover, HPC is gaining popularity due to its adoption in government, enterprise, and industrial applications, making it a high-demand and high-investment area.
Competition and Collaboration in the Global High-Performance Computing Market
The global high-performance computing (HPC) market is highly consolidated and competitive, with major players dominating the industry. These players are leveraging partnerships with research and academic institutions to cement their position in the market and offer their HPC systems to various sectors, including government, enterprise, and industrial applications.
Cloud computing is one of the potential factors responsible for the growth and rising adoption of HPC systems. As a result, key players such as Cray Research Inc., Cisco Systems, Inc., Dell Technologies, Inc., HP, Inc., and Intel Corporation focus on acquisition, mergers, collaboration, or partnerships with major pioneers in the cloud computing market. These strategic moves allow them to introduce cloud computing or provide solutions, gain a competitive edge, and enhance their product portfolio.
Conclusion
High-performance computing (HPC) has become an essential tool for solving complex problems in science, engineering, and business, as it offers the ability to process massive amounts of data and execute complex calculations at high speeds.
Author's Detail:
Supriya R Ghadge, LinkedIn
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.
Author's Detail:
Supriya Jagtap /
LinkedIn
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.
