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High-performance Computing for Life Sciences Market Expected to Grow at a CAGR of 11.6% from 2024-2031 | Revealed by InsightAce Analytic

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JERSEY CITY, N.J., May 28, 2024 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global High-performance Computing for Life Sciences Market– (By Component Type (Hardware, Software, and Services), By Application (Drug Discovery and Development, Genomic Analysis, Proteomics, Bioinformatics, and Others), By End User (Pharmaceutical and Biotechnology Companies, Academic and Research Institutions, Contract Research Organizations (CROs), Hospitals and Clinics, and Others)), By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”

According to the latest research by InsightAce Analytic, the Global High-performance Computing for Life Sciences Market is expected to grow with a CAGR of 11.6% during the forecast period of 2024-2031.

Get Free PDF Report Brochure: https://www.insightaceanalytic.com/report/high-performance-computing-for-life-sciences-market/2497

The high-performance computing (HPC) sector has emerged as a vital component in advancing life sciences research and applications, offering unprecedented computational power and capabilities to tackle complex biological and medical challenges.  Key drivers of market growth include the exponential growth of biological data, fueled by advancements in genomics, proteomics, and imaging technologies, as well as the increasing demand for computational resources to model biological processes and simulate drug interactions.

Moreover, collaborations between technology companies, research institutions, and pharmaceutical companies are driving innovation in HPC solutions tailored to the specific needs of the life sciences industry. However, challenges such as data integration, privacy concerns, and the complexity of biological systems pose significant hurdles to market expansion. Nonetheless, the high-performance computing for life sciences market is poised for continued growth as advancements in computing power, data analytics, and artificial intelligence continue to revolutionize biomedical research and healthcare delivery, ultimately leading to improved patient outcomes and the development of novel therapeutic interventions.

List of Prominent Players in the High-performance Computing for Life Sciences Market:

HP EnterpriseAWS Inc.Advanced Clustering TechnologiesRescaleIBM Corp.Alibaba CloudDell, NVIDIA Corp.BIO-HPCMicrosoft AzureNVIDIA Corp.CGGNimbix

High-performance Computing for Life Sciences Market Report Scope:

Report Attribute

Specifications

Growth Rate CAGR

CAGR of 11.6% from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Bn and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Component Type, By Application, By End-user and By Region

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Order Full 180 Pages Report @ https://www.insightaceanalytic.com/buy-report/2497 

Market Dynamics:

Drivers:

 One of the primary drivers is the exponential growth in biological and biomedical data generated by various sources such as genomic sequencing, medical imaging, and electronic health records. This explosion of data necessitates advanced computational capabilities to process, analyze, and derive meaningful insights, driving demand for HPC solutions tailored to life sciences applications. Moreover, the increasing complexity of biological research questions and the quest for precision medicine are driving the need for sophisticated computational models and simulations. HPC enables researchers to perform complex simulations, molecular modeling, and drug discovery studies with greater accuracy and speed, accelerating the pace of discovery and development in life sciences.

Additionally, the convergence of multi-omics data, including genomics, proteomics, and metabolomics, is driving demand for integrated computational platforms capable of analyzing and integrating diverse datasets. HPC systems equipped with advanced analytics and machine learning algorithms enable researchers to uncover hidden patterns, biomarkers, and therapeutic targets from large-scale omics datasets, paving the way for personalized medicine and targeted interventions.

Challenges:

There’s the challenge of cost associated with implementing and maintaining HPC infrastructure. High-performance computing systems require a substantial initial investment in hardware, software, and skilled personnel, making them financially prohibitive for some organizations, particularly smaller research institutions, and laboratories with limited budgets.

Moreover, there’s the issue of data management and storage. Life sciences research generates enormous volumes of data, including genomic sequences, imaging data, and simulations, which can quickly overwhelm traditional storage systems. Ensuring efficient data management, storage, and accessibility while maintaining data integrity and security poses a significant challenge for HPC systems in the life sciences. Furthermore, software and algorithm development are complex.

Designing and optimizing algorithms for HPC systems to analyze large-scale biological datasets efficiently requires specialized expertise in both computational biology and high-performance computing. Additionally, ensuring the accuracy and reproducibility of results generated by HPC systems is essential for gaining insights into complex biological processes and advancing scientific knowledge.

Regional Trends:

In North America, the high-performance computing (hpc) for life sciences market is characterized by advanced technological infrastructure, a strong presence of leading research institutions and pharmaceutical companies, and significant government investments in life sciences research.

The region witnesses extensive adoption of HPC systems for tasks such as genomic sequencing, drug discovery, and biomedical simulations. Moreover, favorable regulatory frameworks and robust funding opportunities further propel market growth in North America. In the Asia-Pacific (APAC) region, the HPC for Life Sciences Market is experiencing rapid expansion driven by factors such as increasing healthcare expenditure, growing investments in research and development, and rising collaborations between academic institutions and industry players. Countries like China, Japan, and India are emerging as key players in the APAC market, leveraging HPC systems to accelerate advancements in genomics, personalized medicine, and drug development. Additionally, government initiatives aimed at promoting innovation and strengthening healthcare infrastructure contribute to market growth in the APAC region.

Curious about this latest version of the report? @ https://www.insightaceanalytic.com/enquiry-before-buying/2497 

Recent Developments:

In February 2024, Quantum Corporation finalized its acquisition of XENON Systems, a prominent provider of high-performance computing and data storage solutions. The acquisition was primarily driven by Quantum’s interest in integrating XENON Systems’ expertise into its Quantum Myriad software platform. This strategic move aims to offer comprehensive end-to-end data management solutions tailored for artificial intelligence models and multi-variant simulations across diverse industries, including life sciences.In November 2023, Quantum software innovator Classiq announced a groundbreaking industry initiative known as the Quantum Computing for Life Sciences & Healthcare Center. Developed in partnership with NVIDIA and the Tel Aviv Sourasky Medical Center, this initiative is dedicated to advancing the development and application of quantum algorithms and technologies within the realms of life sciences and healthcare. The center aims to leverage quantum computing’s transformative potential to address critical challenges in these fields.

Segmentation of High-performance Computing for Life Sciences Market-

High-performance Computing for Life Sciences Market- By Component Type

HardwareSoftwareServices

High-performance Computing for Life Sciences Market- By Application

Drug Discovery and DevelopmentGenomic AnalysisProteomicsBioinformaticsOthers

High-performance Computing for Life Sciences Market- By End User

Pharmaceutical and Biotechnology CompaniesAcademic and Research InstitutionContract Research Organizations (CROs)Hospitals and ClinicsOthers

High-performance Computing for Life Sciences Market- By Region

North America

The USCanadaMexico

Europe

GermanyThe UKFranceItalySpainRest of Europe

Asia-Pacific

ChinaJapanIndiaSouth KoreaSouth East AsiaRest of Asia Pacific

Latin America

BrazilArgentinaRest of Latin America

 Middle East & Africa

GCC CountriesSouth AfricaRest of Middle East and Africa

For More Customization @ https://www.insightaceanalytic.com/customisation/2497 

Why should buy this report:

To receive a comprehensive analysis of the prospects for global High-performance Computing for Life Sciences marketTo receive industry overview and future trends of global High-performance Computing for Life Sciences marketTo analyze the High-performance Computing for Life Sciences market drivers and challengesTo get information on the High-performance Computing for Life Sciences market size value (US$ Mn) forecast till 2031Major Investments, Mergers & Acquisition in global High-performance Computing for Life Sciences industry

Other Related Reports Published by InsightAce Analytic:

Life Sciences Next Gen Customer Engagement Platform Market 

AI In Life Science Analytics Market 

Life Science Tools Market 

Healthcare Middleware Market

About Us:

InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact Us:
InsightAce Analytic PVT. LT
Tel.: +1 551 226 6109
Email: info@insightaceanalytic.com
Follow us on LinkedIn: https://www.linkedin.com/company/insightace-analytic-pvt-ltd/

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SOURCE InsightAce Analytic Pvt. Ltd

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Employer Ghosting Exposed: Virtual Vocations Survey Uncovers the Impact of Silence in the Hiring Process

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Discover how employer ghosting impacts remote jobseekers and what candidates want from hiring processes. Virtual Vocations’ latest survey reveals key insights into improving communication and transparency.

TUCSON, Ariz., Jan. 5, 2025 /PRNewswire-PRWeb/ — Virtual Vocations, a leading platform for remote jobseekers, has released the results of its latest survey uncovering a growing trend in the remote work hiring landscape: employer ghosting. The company’s Employer Ghosting Survey highlights how candidates navigating the increasingly competitive remote job market are being left in the dark by potential employers.

“Employer ghosting is more than just a missed connection—it’s a critical failure in communication that leaves jobseekers feeling undervalued and disillusioned. Our survey highlights the urgent need for employers to prioritize transparency.” –Laura Spawn, CEO and co-founder of Virtual Vocations.

This groundbreaking survey collected data from 529 respondents to identify the prevalence of employer ghosting, its impact on jobseekers, and actionable solutions for creating a more transparent and respectful hiring process. The findings reveal a startling disconnect between employers and jobseekers, especially where communication is concerned.

Laura Spawn, CEO of Virtual Vocations, emphasized the importance of addressing this issue, stating, “Employer ghosting is more than just a missed connection—it’s a critical failure in communication that leaves jobseekers feeling undervalued and disillusioned. Our survey highlights the urgent need for employers to prioritize transparency.”

These are key findings and statistics from the survey that illustrate the prevalence of employer ghosting and its effects on candidates navigating the remote job market.

Candidate Experiences with Employer Ghosting

Frequency of Ghosting: 57% of respondents reported being ghosted frequently or almost always during remote job searches.Timing of Ghosting: 67% of candidates felt ghosted after submitting applications, indicating that communication breakdowns are most common in the early stages of the hiring process.Impact on Candidates: 38% of jobseekers either withdrew or considered withdrawing from hiring processes due to poor communication, highlighting the emotional toll of ghosting.

Jobseeker Communication Preferences

Preference for Personalized Communication: 67% of respondents prefer personalized rejection emails, showing the importance of thoughtful engagement from employers.Impact of Application Status Updates: 82% of respondents believe that updates on their application status help reduce feelings of being ghosted.Desire for Specific Feedback: 69% of respondents want specific feedback on rejections, indicating a strong demand for constructive insights to aid in their professional growth.

The Impact of Employer Ghosting on Jobseekers

Negative Perception of Companies: 39% of respondents reported that employer ghosting negatively impacts their view of a company, with 26% reconsidering future applications to that company.Emotional Impact on Jobseekers: 41% of respondents felt frustrated but remained motivated to continue their job search, while 28% felt discouraged and unmotivated after being ghosted.Sharing Experiences on Social Media: 16% of respondents were very likely to share their ghosting experiences on social media, with an additional 20% somewhat likely to do so, potentially amplifying the negative impact on the company’s public image.

Candidate Suggestions for Improving the Hiring Process

Demand for Improved Communication: 29% of respondents want realistic timelines for feedback, 27% advocate for training hiring managers on communication best practices, and 25% highlight the need for better applicant tracking systems.Key Motivators Despite Ghosting: 30% of candidates are motivated by potential career growth, and 29% value flexibility, including remote work, as key factors for staying engaged despite being ghosted.Expectations for Timely Responses: 36% of respondents expect follow-ups within one week after an interview, while 32% find 3–5 days reasonable, emphasizing the importance of prompt communication in the hiring process.

To explore the full Employer Ghosting Survey results, visit the Virtual Vocations blog at https://www.virtualvocations.com/blog/annual-statistical-remote-work-reports/employer-ghosting-survey-results/.

ABOUT VIRTUAL VOCATIONS
Founded in 2007 by CEO Laura Spawn and her brother, CTO Adam Stevenson, Virtual Vocations is a small company with a big mission: to connect jobseekers with legitimate remote job openings. To date, Virtual Vocations has helped more than four million jobseekers in their quests for flexible, remote work.

In addition to providing a database of current, hand-screened, and 100% remote job openings, Virtual Vocations offers jobseekers a number of tools to aid in their job searches, including exclusive career courses, downloadable jobseeker content, and career coaching and resume writing services. Virtual Vocations also releases several data-driven reports each year on current trends in remote work.

Virtual Vocations, Inc. is a private, family-owned, and 100% virtual company incorporated in Tucson, Arizona.

Media Contact

Kimberly Back, Virtual Vocations, Inc., 1 (800) 379-5092 x. 703, kim@virtualvocations.com, https://www.virtualvocations.com

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SOURCE Virtual Vocations, Inc.

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Partnered with Kiztopia, Creta Class Celebrates the Success of Jumptopia™ Triple Adventure at Marina Bay Sands

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SINGAPORE, Jan. 6, 2025 /PRNewswire/ — The highly anticipated Jumptopia™ Triple Adventure has finally come to a successful close, and Creta Class is proud to reflect on the incredible journey that brought joy and excitement to families across Singapore during the festive season. From 26 November 2024 to 5 January 2025, Marina Bay Sands Expo & Convention Centre Hall C transformed into a vibrant world of adventure, creating unforgettable memories for all families who attended.

This year, Creta Class partnered with Kiztopia to bring a fresh twist to their annual Jumptopia™ event. Beyond exhilarating inflatable slides and challenging obstacle courses, Creta Class showcased its innovative math learning program through an engaging booth with fun-filled activities. Families discovered how Creta Class can bring engaging, interactive learning experiences to young minds, aligning perfectly with the event’s theme of family bonding and edutainment.

“At Creta Class, we’re all about creating experiences through Maths Learning that bring families closer, and Jumptopia™ Triple Adventure was a perfect reflection of that mission,” said Raigo Law, Event & Partnership Manager from Creta Class. “The response has been truly heartwarming, and it’s been an absolute pleasure to see so many families laughing, playing, and making lasting memories together.”

“We are delighted to bring Jumptopia™ back this year with a twist and even more excitement.” said Ms Heidi Tian, Founder and CEO of Kiztopia. “We know how much kids and families love spending time together at Jumptopia™, and this year’s Triple Adventure delivered an experience like never before.”

One of the participants, Cliantha Ooi won a pair of tickets through Creta Class’ lucky draw, and shared her excitement: “Jumptopia™ Triple Adventure was an absolute highlight for our family this holiday season. It was the perfect opportunity for us to bond and create unforgettable memories. We can’t thank Creta Class and Kiztopia enough for such a fun and engaging event!”

As the event concludes, Creta Class continues to stay true to its vision of integrating cutting-edge technology into its products and services, with the goal of creating enjoyable, enriching learning experiences for children around the world.

About Creta Class
Creta Class combines AI technology with educational expertise to deliver a fun and inspiring learning experience for children worldwide, with a presence in the United States, Singapore, Japan, Korea, India, and other regions.

For more information, visit www.cretaclass.com.

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SOURCE Creta Class

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Sharper, Sleeker, Smarter – DORCO Launches Premium Razor SLEEK

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DORCO declares “Shaving to Perfection” with the introduction of SLEEK razor, featuring the brand’s All-New Blade technology.  The new razor is set to be launched in the other countries in the first quarter of 2025.

SEOUL, South Korea, Jan. 6, 2025 /PRNewswire/ — DORCO, celebrating its 70th anniversary since its founding, has announced the launch of its premium razor line, SLEEK, encapsulating decades of expertise in razor technology.

SLEEK results from DORCO’s relentless R&D efforts, combining the innovative Thin Edge Blade technology with precision-engineered blades. Under the banner Shaving to Perfection, the product promises a flawless shaving experience that minimizes skin irritation while ensuring a close shave. Tailored to the preferences of the younger generation, SLEEK blends functionality with stylish design to serve as more than a grooming tool but a lifestyle essential.

SLEEK is equipped with DORCO’s sharpest blade yet, the Super Thin Blade, which is designed to  closely follow the contours of the face for easy and smooth shaves. Its patented coating technology enhances the blade’s lifespan, while the Thin Edge Blade improves cutting efficiency, providing a smoother shaving experience compared to DORCO’s previous models.

A standout feature is DORCO’s Double-Layer Lubricating Strip, which has 10% more lubrication compared to previous products, protecting the skin during shaving. Contained with Vitamin E and aloe, it helps minimize irritation.

SLEEK embodies premium craftsmanship through its sophisticated and innovative design. The Multi-Flex head perfectly adapts to contours for a more comfortable and precise shave, while the matte silver die-cast handle seamlessly blends functionality and sophistication. Utilizing low-center pivot axis technology, SLEEK delivers unparalleled closeness and comfort, offering a shaving experience that redefines precision and ease. These design elements elevate the grooming experience and enhance the product’s appeal.

SLEEK was crafted with careful attention to detail and features: 

DORCO’s Most Advanced Six Blade Cartridges. Thin Edge Blade Technology: Designed with thinner blades than other DORCO razor lineups, it ensures a smooth shave while reducing cutting force for enhanced comfort.Patented Coating Technology[1]: DORCO’s protective coating reinforces the thin edge from breaking.FlexMotion Head: Incorporates multi-flex technology and cushioning for improved skin contact, adapting seamlessly to facial contours to deliver a clean and comfortable shave.Open-Flow Sides Structure: Added to both sides for better sludge removal, ensuring hygienic and convenient use.Double-Layer SmoothShield Lubricating Strip: Delivers 30% more lubrication compared to DORCO’s previous model.Micro Rubber Fin Guard Bar: Aligns skin and hair during shaving to provide a smooth and comfortable experience. 

“This razor represents the pinnacle of our blade technology,” said the Head of Product Development Division at DORCO. “With Thin Edge Blade engineering and our patented coating, SLEEK delivers superior cutting performance and a shave that is both smooth and gentle. The redesigned cartridge structure further highlights DORCO’s craftsmanship and expertise.”

DORCO’s SLEEK design combines minimalist lines, signature elements like concentric button patterns and metal accents, and precise finishes to deliver sophistication and intuitive usability. These details establish a unique design identity while paving the way for future innovations.

“This new product goes beyond just addressing functionality. By considering customer lifestyle, the upgraded product design incorporates consumer-oriented ideas and values with contemporary and stylish elements. We expect a positive response from grooming trendsetters looking for innovative and fashionable solutions that align with their modern lifestyles,” said the Head of Product Design at DORCO.

SLEEK was officially launched in South Korea on November 11, 2024, earning widespread praise and enjoying strong sales performance shortly after its release. Global rollouts are planned for Q1 2025, as part of DORCO’s strategy to expand its footprint in the global premium razor market.

Since its founding in 1955, DORCO has built a reputation as a global leader in razor and manufacturing by offering trusted products to consumers in over 130 countries. Combining precise technology and innovation design, DORCO delivers a differentiated shaving experience through solutions tailored to meet the evolving needs of consumers.

[1] Patents filed in the U.S. and Korea.

About DORCO

Founded in 1955, DORCO has been a global leader in developing and manufacturing innovative razor products worldwide. We continue to push the boundaries of shaving technology. DORCO’s diverse range of safety razors combines cutting-edge blade innovation with ergonomic designs, delivering the smoothest, most comfortable shave on the market. With a commitment to quality, craftsmanship, and sustainability, DORCO enriches the shaving experience for millions of customers across 100+ countries.

Contact

Hoffman Agency Korea Dorco Team / DorcoPRKR@hoffman.com
Heesun Kim / hskim@hoffman.com
Junyong Lee / jlee@hoffman.com

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