August 28, 2017

Cloud HPC Usage Expected to Grow 11% through 2020

As the demand for computational tools for big data analysis grows, so does the need for cloud high performance computing solutions. According to Intersect360 Research, the cloud HPC market is expected to grow 11% through 2020.

A number of factors are driving the increase in cloud HPC usage, including the complexity of applications management and a spike in the adoption of the pay-as-you-go-model for high performance computing.

Cloud HPC users are able to perform electronic design automatic simulations, financial quantitative analysis, seismic analysis, and genome analysis that are related to weather forecasting, climate change, and space exploration.