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HPC Spending Outpaces The IT Market, And Will Continue To

Sales of HPC systems were a lot brisker in 2015 than anticipated, and according to the latest prognostications from the market researchers at IDC presented from the International Supercomputing Conference in Frankfurt, Germany this week, growth in the HPC sector will continue to outpace that of the overall IT market for many years to come. In his traditional early morning breakfast briefing at ISC in Germany, Earl Joseph, program vice president for high performance computing at IDC, said that he had been projecting that the HPC server sales might turn in 7 percent or 8 percent overall growth across hardware, software, and services last year. But after running the numbers, Joseph reckons that the market grew by a much higher rate of 11 percent for all of 2015, hitting $11.4 billion, consistent with the revised projection that he put out in November. To read more, please visit http://www.prnewswire.com/news-releases/cloud-hpc-leader-rescale-closes-14-million-funding-round-to-fuel-global-expansion-300285918.html

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