Authors: Earl Joseph, Bob Sorensen
Publication Date: January 2021
Length: 4 pages
The recovery of the on-premise HPC server market continues to gain momentum, showing consistent revenue increases over the last two quarters, while easing some of the first quarter 2020 revenue losses that resulted from the economic fallout of the covid-19 virus. Specifically, the third quarter of 2020 exhibited a seasonal revenue growth of 3.4% to reach $3.4 billion in sales for the quarter, up 11.7% from the previous quarter and building on the 12.0 % quarter on quarter increase from 2Q2020.
Hyperion Research recently closed the books on the 2018 year for the high performance computing market in our market tracking database, the QView. 2018 was another high growth year, with the server market reaching $13.7 billion, and the total market (servers, storage, software and technical support service) totaling more than $27.6 billion. The market has continued to grow at a steady rate of around 6% for the past 5 years.
May 2019 | Quick Take
IBM's decision to acquire Red Hat not only boosts the combined firm's potential to exploit the overall cloud market, but it will likely have a significant impact on the global technical computing market as well. This is based on the rapidly growing number of enterprise IT data centers that are integrating HPC into their AI and other data-intensive workloads that their enterprise servers cannot effectively handle alone.
November 2018 | Quick Take