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SUNNYVALE, CA -- (Marketwire) -- 11/14/12 -- DataDirect Networks (DDN), the world leader in massively scalable storage, today announced the establishment of a $100,000,000 USD investment in its research and development efforts, specifically directed at resolving key challenges to achieving Exascale levels of performance in scientific computing.
"Data-intensive computing impacts individuals, organizations, industries and governments by enabling the creation of valuable information based on massive volumes of highly complex data," said Alex Bouzari, CEO and cofounder, DDN. "Significant investment is required to allow researchers to address challenges such as the design of new materials needed for better electric car batteries, the improvement of multi-physics models for more accurate severe weather modeling, and the development of high-resolution cosmological simulations to help understand dark matter and the universe around us. With today's announcement, DDN is establishing a clear direction for our Exascale computing agenda and reaffirms DDN's continued central role in the future of supercomputing."
Exascale computing refers to a computer system capable of reaching performance exceeding one quintillion computer operations per second. This level of computing capability is expected to arrive around 2018 and will represent a thousandfold increase over current state-of-the-art technology. To achieve this level of scalability, it is largely understood that radical innovation will be required to ensure applications can effectively scale across massive infrastructure that is highly resilient, power efficient and affordable.
Powering over 60 of the world's top 100 supercomputers (as ranked by the June 2012 Top500 list), DDN is at the forefront of supercomputing and Big Data storage scaling efforts. Throughout DDN's history, the company has successfully commercialized technology which is proven at the highest levels of computing as data-intensive computing challenges become democratized across the enterprise.
"With its investment in Exascale, DDN is signaling its intention to remain at the leading edge of high performance computing," said Addison Snell, CEO of Intersect360 Research. "HPC technologies are starting to become mainstream with the advent of Big Data, and now there is huge market incentive for HPC leaders like DDN to develop next-generation technologies for scalable and efficient data-intensive computing."
The new investments by DDN represent a substantial percentage of DDN's engineering resources and will be directed towards technology challenges which become critical at Exascale proportions, including:
DDN will further discuss its Exascale agenda at SC12, the International Conference for High Performance Computing, Networking, Storage and Analysis in Salt Lake City from November 12-15 in booth #1519.
About DataDirect Networks
DataDirect Networks (DDN) is the world leader in massively scalable storage. We are the leading provider of data storage and processing solutions and professional services that enable content-rich and high growth IT environments to achieve the highest levels of systems scalability, efficiency and simplicity. DDN enables enterprises to extract value and deliver results from their information. Our customers include the world's leading online content and social networking providers, high performance cloud and grid computing, life sciences, media production organizations and security & intelligence organizations.
Deployed in thousands of mission critical environments worldwide, DDN's solutions have been designed, engineered and proven in the world's most scalable data centers to ensure competitive business advantage for today's information powered enterprise.
For more information, go to www.ddn.com or call 1-800-837-2298.
DDN, SFA, WOS, ExaScaler are trademarks owned by DataDirect Networks. All other trademarks are the property of their respective owners. All rights reserved.
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