Multi-million dollar decisions about investing in high performance computing systems are never taken lightly, but in the oil and gas industry, which is going through one of its worst crises in history, uncertainty reigns—at least in terms of the future outlook. …
It is hard to say exactly how much infrastructure revenue went up for grabs when IBM sold off its System x division to Lenovo last year, but in the HPC market, if you look at the data from IDC and Intersect360, which do detailed tracking of HPC organizations in terms of revenues and installed base, the numbers are not small. …
With the oil and gas industry continuing to spend on massive supercomputers, even in the wake of declining revenues, and no sign of the HPC business slowing for the oil and gas segment, one has to wonder what alternatives on the hardware and software front these companies might look to as costs (for both systems and the power required to support them) drives skywards. …
With per barrel oil prices down by about 50 percent from the previous four years, the question naturally arises: “Why are oil and gas giants spending millions on new supercomputers?” …
Not long ago, we learned that a new Cray XC40 supercomputer would be installed in the coming months for Norwegian oil and gas processing company Petroleum Geo-Services (PGS). …
Another large-scale supercomputer devoted to oil and gas exploration will be coming to market in Norway within the year, marking a sizable commercial HPC deal for Cray. …
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