Application Platforms Jason Stowe
a compute century in one day, which opens up new classes of applications across a wealth of different industries.
LIFE SCIENCES
The life sciences industry, including pharmaceutical and biotech companies, has been feeling the positive effect of the democratisation of compute. Research- ers can attack disease in a much more efficient and thorough manner by aggregating larger sets of data across patients. They then use that information to more appropriately treat diseases and create drugs. Another benefit of this compute power is new algo- rithms that were not possible before because they would be too compute intensive to justify the cost to run every time a drug needed to be tested. Since it is now possible to rent supercomputing capabilities, companies are much more likely to invest thousands, as opposed to millions, of dollars on running intensive computations.
FINANCE
Historically, for the financial industry, the savings and retirement funds of the nation have existed within various classes of risk. Each class has its associ- ated interest rates to entice market participants and individuals to engage in the full spectrum of these op- tions. This risk has been difficult to arbitrage or hedge until recently, when the practice has become more efficient via the implementation of HPC and cloud computing. Now, hedging is more effective because the compute power to simulate the future is readily available and easy to operate. Financial institutions use cloud computing to analyse the mini- mum guarantee benefit to offer consistency to policyholders. With this cloud application, actuaries can better guarantee returns on retirement funds that individuals have taken 30 to 40 years to earn.
ENGINEERING
The benefits of HPC becoming increasingly acces- sible can be felt in the engineering field as well. Whether the aim is to build safer airplanes, to make more reliable medical devices, or create more efficient manufacturing processes, the products and ma- chines that are being produced today are increasingly complicated. They’re built to interact with the world via wireless technology and consequently there’s a lot more design and testing to be done. Physical
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ABOUT THE AUTHOR Jason Stowe
Jason Stowe is a seasoned entrepreneur, and the founder and CEO of Cycle Computing, the leader in Utility Supercomputing Software. He attended Carnegie Mellon and Cornell Universities, and volunteered/guest lectured for the Entrepreneurship program at Cornell’s Johnson Business School.
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Across various industries, cloud application platforms are becoming widely available, and the use of cloud computing as a service has emerged as a mainstream way to harness compute power
simulation, software simulation and testing are now becoming more intelligent thanks to the availability of compute power. Enabling companies to do more ac- curate simulations helps quickly create better designs that ultimately yield better products.
” ENERGY & ENVIROMENT
The final industry to highlight, though there are many more not included, is energy and the environment. The more accurate tools that we give to researchers, the better the engineering behind energy activities, and the better we will be able to avoid accidents that have environmental impact. More accurate simulation from sensor feedback will mean that we make better use of environment. The trend of using networks as sen- sors – an Internet of applications using small devices to monitor different environments rather than people on computers – is rapidly gaining popularity. These data points can be processed in the cloud as it comes streaming back, which is a class of workload that has potential to be huge.
Connecting world’s greatest minds, and de- vices, with large scale HPC as a platform will trans- form most industries by speeding inventiveness and business results. Utility Supercomputing will have huge consequences for our ability to treat disease, create better products, manage risk – all things that are critically important to humanity.
January 2013 CCI Magazine
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