Sign up for our newsletter and get the latest HPC news and analysis.

IDC: HPC Server Market Continues Growth in Q1

IDC is reporting that worldwide factory revenue for the HPC technical server market increased 3.1% in the first quarter of 2012 to reach $2.4 billion, up from $2.3 billion in the same period of 2011.

HPC technical servers, especially Supercomputers, have been closely linked not only to scientific advances but also to industrial innovation and economic competitiveness. For this reason, nations and regions across the world are increasing their investments in supercomputing even in today’s challenging economic conditions,” said Earl Joseph, program vice president for Technical Computing at IDC. “We expect the global race for HPC leadership in the petascale-exascale era to continue heating up during this decade.”

IDC expects the HPC technical server market to grow at a healthy 7.3% compound annual growth rate (CAGR) to reach revenues of $14 billion by 2016. Read the Full Story.

Related News:

  • IDC will also host two HPC User Forum meetings in Europe in July. The first meeting is at Imperial College London on July 5-6 and the second meeting is at the HLRS/University of Stuttgart on July 9-10Registration is free and refreshments will be served.

Resource Links: