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Home » Uncategorized » ISC High Performance – Intersect360 Forecasts Strong Growth of HPC Cloud Services

ISC High Performance – Intersect360 Forecasts Strong Growth of HPC Cloud Services

Addison Snell ISC18HPC in the cloud is one of those “insanely great” ideas that, failing to fire, year after year recedes before our expectations. Until, that is, last year, according to industry watcher Addison Snell, CEO of Intersect360 Research, which he said was a “break-out year” for HPC in the cloud. The hot growth segment of the industry in 2017 was cloud HPC which grew by 44 percent to $1.1 billion, according to Intersect360, exceeding the billion-dollar mark for the first time. “HPC cloud computing really had a break-out year,” Snell said, “which we’ve been waiting for.” Intersect360 expects cloud HPC to continue its hot pace, reaching $2 billion next year and $3 billion in 2022. One of the growth factors, Snell said, is the maturation of licensing models, particularly for ISV codes in the HPC space. “It got easier in 2017 to migrate your Abacus license to the cloud, or Fluent, and that caused a lot of the spike for the higher value components, like SaaS.” Read Snell’s HPC market summary from Doug Black on HPCwire HERE.

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