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Home » Uncategorized » ISC High Performance – Hyperion HPC Cloud Market Forecast

ISC High Performance – Hyperion HPC Cloud Market Forecast

Earl Joseph ISC18

At the ISC18 Conference last week in Frankfurt, Hyperion CEO Earl Joseph said the industry in Q1 of this year continued the momentum achieved 2017, and he expects the industry to grow at a healthy 10 percent annually through 2022. For 2017, industry server revenues totaled $12.3 billion (up from $11.2B in 2016). Joseph also pointed to HPC offerings from public cloud service providers are a source of growth. “The cloud portion is lifting the market, too,” Joseph said. “A big question was: Will people stop spending on-premise and spend more on the cloud. Across the market, that doesn’t happen. It’s like the cluster revolution of 15-20 years ago. When you can do more HPC, which really is doing more R&D in general, you’re more successful. And organizations and governments tend to give you more money. We generally are seeing the cloud lifting the market as a whole and bringing more money and expenditures into organizations.” Read Joseph’s HPC market summary from Doug Black  on HPCwire HERE.

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