-- Unlike competing technologies, Maxeler's multiscale dataflow computing puts emphasis on minimising the movement of data by using large scale spatial computing

LONDON, Feb. 24, 2014 /PRNewswire/ -- Based on its recent research on the mission critical computing market, Frost & Sullivan presents Maxeler Technologies with the 2014 European Technology Innovation Leadership Award. The Frost & Sullivan award for Technology Innovation Leadership evaluates the top thought-leading companies across a range of metrics, benchmarking and success criteria.

According to Frost & Sullivan's research, Maxeler Technologies uniquely offers cutting-edge dataflow computing hardware and software solutions that are not only low in total cost of ownership, but also boast high performance levels in line with the complex needs of companies that are heavily reliant on mission critical computations such as data analytics.

By optimising the dataflow to the lowest level, Maxeler's technology reduces power consumption and space occupied by the infrastructure, while simultaneously improving performance. This multiscale dataflow computing is distinct, and as such brings competitive advantage to support and drive a company's business model. Companies can transform horizontal layers of corporate operations to a vertical, more efficient structure using Maxeler's multiscale dataflow computing technology.

With Big Data computing rising in importance across most industrial sectors, Maxeler's technology has been able to penetrate a wide variety of applications and product segments from high end imaging to predictive analytics. Maxeler's solutions for the oil and natural gas industry enable users to push the limits of accuracy and realistically computable data volumes for applications such as surface-related multiple elimination (SRME), reverse-time migration (RTM), forward modelling, trace processing, and reservoir modelling.

The financial sector is another fertile market for Maxeler's technology. Its escalating need for computing algorithms for real-time risk modelling and scenario analysis is met by Maxeler's finance platforms, as they deliver results beyond the top alternatives.

In the background, Maxeler is also working on making genetic sequencing more affordable and accurate, thereby catalysing its use in the healthcare sector. Given that the technology offers unmatched computing performance for complex and large-scale computations, it is ideal for applications such as medical decision analytics, imaging, security, real-time, portable and scientific computing platforms.

"Multiscale dataflow computing has immensely altered the traditional approach of a microprocessor to an assembly-line structure that processes the flow of data," said Frost & Sullivan Senior Research Analyst Swapnadeep Nayak. "As opposed to conventional models, in multiscale dataflow, computation is a result of the data flow and not vice versa. This technology feature helps achieve a vertical approach in computing."

In the high-performance computing scenario, exascale computing and the mobile petascale challenge present significant difficulties, making it critical to boost computing technology by several orders of magnitude. Maxeler's multiscale dataflow computing technology is best suited to address this challenge, as it can compute large and complex data in a very short span of time.

Maxeler tailors its technology and solutions to suit the ever-changing customer requirements. Compared to competing technologies, Maxeler's solutions are ten, in some cases even up to a hundred, times more power-efficient. Reducing the cost of ownership of data centres is an onerous task and yet, Maxeler has achieved this at a fraction of the cost of its competitors' solutions.

To stay relevant in a dynamic market, Maxeler collaborates closely with its clients from the design to deployment stages. Maxeler's software platforms have helped customers to build value on top of a differentiated technology to benefit from an integration of hardware, software, and pre-packaged libraries in a single data infrastructure solution. The company is currently working on expanding its offering to the Maxeler cloud in a bid to reach a wider customer base.

"Maxeler's technology not only caters to the current data computing needs but has already laid the foundation for next-generation supercomputing applications," noted Mr Nayak. "Maxeler's technology has the potential to build new business models through which companies will learn to use their IT technology more efficiently."

Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend towards innovation, its relevance to the industry and the positive impact on brand perception.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Maxeler Technologies

Maxeler Technologies pioneers Multiscale Dataflow Computing through its Maximum Performance Computing product lines. Maxeler combines high performance computing software platforms with a flexible deployment model to deliver competitive advantage when it's needed and where it's needed. Maxeler's complete and scalable solutions include application platforms, hardware components, and dataflow software programming tools. Maxeler's technology enables organisations to speed up processing times by 20-60x, with over 90% reduction in energy usage and over 95% reduction in data center space. Please visit www.maxeler.com for more information.

Maxeler also offers MPC-C series integrated compute nodes with dataflow engines and CPUs in the same 1U system and MPC-N series nodes with multiple 10-Gigabit interfaces directly connected to dataflow engines for low-latency networking applications, as well as workstations for developing and deploying dataflow supercomputing on the desktop.

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Contact:

Glenn Rosenberg
VP of Operations
Maxeler Technologies
T: +44 (0) 208 762 6196
E: glenn@maxeler.com

Kristina Menzefricke
Best Practices Group
Frost & Sullivan
T: +44 (0) 207 9157862
E: kristina.menzefricke@frost.com

SOURCE Frost & Sullivan