Market Trends of Cloud High Performance Computing (HPC) Industry
This section covers the major market trends shaping the Cloud High Performance Computing Market according to our research experts:
Increasing Adoption of HPC in the Cloud Driving the Market
- Adoption of HPC on the cloud would drive growth. Transferring data to analyze it adds another layer of complication. The platform should integrate all existing data sources in an organization to detect hidden threats and make better risk-based choices while leaving the data alone. This should ideally include an integrated search program that can scan all sources, including third-party sources, for threat indications. In June last year, Marvell introduced the OCTEON 10 DPU designed for security, networking, and storage workloads working toward 5G, cloud, carrier, and enterprise data center applications. Marvell's OCTEON 10 DPU combines hardware acceleration, data path bandwidth, and I/O offerings, including PCIe 5.0 and DDR5.
- Although cloud-based solutions are becoming one of the most viable options for various applications since they provide the storage and computation needs for users at a relatively low cost, the area still needs to include appropriate security measures to protect the data and applications for cloud users.
- Furthermore, in February this year, IBM purchased Sentaca, a telecommunications consulting services and solutions supplier, to expand its hybrid cloud consulting business in the communications service provider area and develop scalable, cloud- and edge-enabled process automation and process safety solutions.
- Setting up an on-premise system is comparatively expensive, requiring significant upfront investments in product licenses, equipment, and IT services. Cloud-based technologies are, in comparison, extremely flexible and cost-effective for organizations to avoid spending much on hardware and software and human resources to manage both.
- According to a survey conducted by platform9, the single public, hybrid, and on-premises clouds were organizations' major significant environments to run their workloads. As of August this year, Single public-cloud deployments presented 32.1 percent of cloud deployment.
Understand The Key Trends Shaping This Market
Download Sample
Asia Pacific is Expected to be the Fastest Growing Market
- The adoption of high-performance computing (HPC) has grown in the Asia-Pacific region for processing large volumes of data and executing complicated computations, analytics, simulations, and artificial intelligence (AI) at fast rates. However, the initial capital investment has been too expensive for many businesses, opening the path for HPC as a service. Instead of acquiring or leasing hardware and software, businesses subscribe to it through a pay-as-you-go consumption model in this strategy. And is widely used in various industries for applications ranging from computer-aided design and engineering to autonomous driving, production optimization, predictive maintenance, drug discovery, precision medicine, fraud and anomaly detection, treasury and trading analytics, IoT/smart cities, and many others.
- The surging demand for short product development cycles (PLCs) and persistent quality becomes nearly impossible to address in real time without using the right tools and advanced technologies. The adoption of high-performance computing (HPC) systems, with computer-aided engineering (CAE) software for high-fidelity modeling simulation, is on the rise among various industries, such as automotive, discrete manufacturing, and healthcare robotics, has increased in the Asia-pacific region.
- For instance, In October this year, Subaru Corporation headquarters, located in Japan, shifted its simulation and 3D visualization workloads responsible for increasing collision safety performance and driving performance to Oracle Cloud Infrastructure. With High-Performance Computing (HPC) on OCI, Subaru could optimize its development cycle, achieve significant efficiency, and cut operating expenses by lowering computational times by approximately 20%.
- Cost remains a significant barrier for many businesses and organizations using advanced computing technologies-companies in this region like Fujitsu Limited Digital Annealer and high-performance computing (HPC) in their operations. In April this year, Fujitsu's CaaS portfolio will provide consumers quick access to various services to solve this issue. Fujitsu announced the introduction of its "Fujitsu Computing as a Service (CaaS)" service portfolio to accelerate digital transformation (DX) and empower clients globally by providing commercial access to some of the major global powerful computing technologies through the cloud.
Get Analysis on Important Geographic Markets
Download Sample
