What is High Performance Computing? Why is it Important for Your Business Strategy?

With a new generation of digital technology, AI, and data analysis tools, more businesses are investing in High Performance Computing to adapt to this curve. HPC allows businesses to develop a competitive advantage by employing the most innovative technology available, thus meeting capacity-related needs. The capabilities provided by HPC technology have led to major advancements across industries - healthcare, finance, logistics, the list goes on. 

Why is High Performance Computing Important?

As we enter this new digital era, the urgent need to adapt at a fast enough rate is the only way to stay ahead of the competition. It’s no surprise, then, that more businesses are focusing on High Performance Computing to drive success in highly competitive markets. Incorporating HPC into your strategy has wide-reaching benefits:

The Top 4 Benefits of High Performance Computing 

Speed

High Performance Computing allows businesses to quickly process massive amounts of data in less time, using automation and AI. The speed ultimately depends on configuration: more clusters and cores enable faster parallel processing. Perhaps the most valuable benefit of HPC is the flexibility and agility its speed affords businesses. With massive amounts of data processed nearly instantly, HPC allows businesses to adapt quickly and keep a competitive advantage.

Cost

While High Performance Computing helps businesses save time with fast results, it can simultaneously cut costs. Aside from the money saved with faster results and efficient processes, businesses save labor costs, without worrying about underlying infrastructure costs or maintenance. According to a study from Hyperion Research, the average return on investment of HPC is 4,300%, equating to $44 in profits and $463 in revenue for every dollar spent: 

Flexibility

High Performance Computing enables businesses to scale services to fit their needs, customize applications, and access specialized HPC data centers from anywhere with an internet connection. With HPC, there are several software solutions and service options that allow businesses modernize their processes, benefitting from flexible deployment models designed to fit various needs. The flexibility and personalization of such systems helps businesses adapt in today’s continuously evolving digital ecosystem. Without that level of flexibility, businesses run the risk of falling behind.

Source: Big Compute 2021 State of the Cloud HPC Report - Rescale

Security & Reliability

Security concerns often give rise to hesitations with deploying a HPC and online workflows; the potential to lose data is a common concern with HPC. Fortunately, systems are usually ‘Fault Tolerant,’ meaning that if a system fails, the whole HPC system has a back-up and data recovery program, protecting from the loss of  workloads, records, and other potentially sensitive data. High Performance systems and processes are also built for data security and transfer through encryption, user authentication, network protection against cyber attacks, and SFTP protocols, ensuring that data is secure.

The Takeaway

High Performance Computing has become a necessary tool that keeps businesses agile and flexible, enabling them to keep up with our rapidly changing digital economy. With continued technological advancements, the risks of HPC shrink and the benefits continue to grow exponentially. 

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