According to market analysts at IDC, the high performance computing market has defied the recent credit crunch in the US. This, due in part to the popularity of HPC in the public sector. Factory revenue and unit shipments for the HPC tech server market grew by 10 percent in the Q2 2008. Revenues also rose by 10 percent compared to Q1 2008 to $2.5billion.
Earl Joseph, IDC programme vice president for HPC, said: “Powered by their price/performance advantage, clusters now dominate all segments of HPC market.
“IDC projects that the HPC server market will grow at a compounded annual rate (CAGR) of 9.2 per cent to reach $15.6bn in 2012. Continued strong growth of the HPC market is being driven primarily by clusters and newer processor technologies.”
The report concluded that government and university buyers have longer-term budget cycles that are not immediately impacted by economic slowdowns. The report also suggested that many organizations are still investing in R&D in order to improve their competitiveness in the current economic climate.
For more info on the report, read the full article here.