Grid Computing News : Saving a Bundle with Grid Computing

Grid computing can save companies a lot of money, and not just in hardware and software costs, according to a new report. A white paper published by The FactPoint Group, a Silicon Valley-based research and consulting firm, said an unnamed top five global pharmaceutical giant using Univa UD's Grid MP software to accelerate its high-performance computing (HPC) applications saved more than $3.7 million in the first year of implementation and another $3.3 million annually after that. The cost savings didn't include Grid MP licensing costs, the report said. All the data came from the customer, and the analysis results were approved by the customer's grid team." The study found significant savings in hardware, software and associated costs, but the biggest savings were in areas like improved drug screening and time to market that continued long after the initial cost savings. But it actually goes way beyond that.... read more