Xcelerit, a Dublin-based company specialized in cross-platform software acceleration tools for financial services, engineering, and research, has won the PRACE Award, which recognizes the most innovative industrial high-performance computing (HPC) product in Europe.
The award was offered at the annual PRACE Industrial Seminar, held in Bologna, Italy from April 16 to 17, 2012. There were 96 attendees from 15 different countries and the seminar comprised of a networking event, four workshops, and 20 discussions. The main objective of the event was to announce the Open R&D Access Model that has been developed by PRACE. The software enables companies to perform open research by using the organization resources.
Xcelerit SDK software toolkit helps to address the major issues found in adopting HPC by various organizations. The issues are lack of user-friendly application tools, the cost of adopting and preserving new technologies and a lack of understanding about HPC. Companies that understand the potential of employing HPC face major challenges, such as to pay the fees for engineering or consultancy firms and expensive software licenses or they need to hire specialized staff to develop on-site solutions. Xcelerit’s software development kit helps to overcome this problem. It provides a framework that allows engineers without any knowledge of parallel computing to effectively use HPC machines.
Source: http://www.prace-ri.eu/
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