Sun’s HPC Watercooler points to a Microsoft-sponsored survey released at the 2007 Securities Industry and Financial Markets Association (SIFMA) Technology Management Conference & Exhibit last week that indicates that 78% of respondents in the financial sector plan on expanding their high-performance computing capacity in the next 12 to 18 months.
From the release
“High-performance computing is a critical success factor for capital markets firms to expand their businesses, and we’re seeing a real investment in innovative software to make that happen,” said Craig Saint-Amour, director of capital markets solutions in the U.S. Financial Services Group at Microsoft. “This research confirms what we’ve been witnessing in the market — that capital markets firms remain on the cutting edge, and that the dot-com bust of the early 2000s has now turned into a period of reinvestment for firms seeking technologies to help them grow.”
And some of the planned increases are big: 24% plan to grow by 1,000 nodes or more.