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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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Aprecomm Upends the CX Industry with Appointment of Philippe Alcaras to its Advisory Board

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Industry leader Philippe Alcaras, former CEO of Airties, has joined Aprecomm as an advisor, bringing unparalleled knowledge and experience to guide its leadership team.

BANGALORE, India, April 28, 2025 /PRNewswire/ — Today, Aprecomm, the intuitive network and customer experience platform provider, announced a major coup by appointing former Airties CEO and highly experienced telecom leader Philippe Alcaras as an advisor. Presiding over Airties during a time of substantial growth, when the company expanded its footprint into new markets, Philippe brings the experience and business acumen necessary to support and advise Aprecomm’s Executive Team as global demand for its AI-driven customer experience (CX) platform continues to grow at pace.

“Aprecomm has already secured over 20% of the Indian fixed broadband market and is supplying close to 50 service providers with its customer experience optimization software,” said Philippe Alcaras, Aprecomm’s latest advisor. “With the penetration of managed WiFi estimated at only 15-30% globally [1], Aprecomm has a huge opportunity to disrupt the market with its AI data-driven approach and fast speed to market—I’m excited to join Pramod and his Team and support this high-growth phase.”

Among several key focus areas, Philippe will bring extensive experience to help guide the company’s positioning and narrative for investor outreach and fundraising initiatives, support engagement with strategic customers and partnerships, ⁠and provide ongoing input and feedback on corporate governance, product strategy, and roadmap development.

“I’m thrilled to welcome Philippe, who will provide his expertise and advice to the Company during our next growth phase,” said Pramod Gummaraj, Founder & CEO, Aprecomm. “Philippe’s knowledge will be invaluable as we continue to disrupt the industry, helping service providers harness AI’s power to serve their subscribers better, bringing joy to online experiences while achieving significant operational savings through our intuitive and self-healing approach to network management.”

Serving both residential and business subscribers, Aprecomm’s CX suite helps broadband service providers (BSPs) transform their connectivity approaches. By utilizing sophisticated artificial intelligence, including a unique quality of experience algorithm, Aprecomm is paving the way for intuitive zero-touch networks. Aprecomm adopts a self-optimizing and self-healing approach to managed WiFi, adjusting the network to accommodate the unique needs of each user and the application they are using. Aprecomm’s advanced analytics and automated support tools provide access to real-time data, enabling service providers to monitor end-to-end network performance. Its CX suite is field-proven [2] for enhancing subscriber satisfaction and reducing operational costs.

About Philippe Alcaras
Based in Dubai (UAE), Philippe Alcaras holds non-executive positions as Chairman of OnRobot (Odense, Denmark), Chair of the Advisory Board at Vianeos (Paris, Dubai), and Board Member at S3 Connected Health (Dublin). From 2012 to 2022, Philippe was the CEO of Airties, leading the company to become a global leader in home network WiFi performance. He also served as the General Manager of Philips Home Networks, CEO of Nagra France, and General Manager of Digital TV Devices at Vantiva. Philippe graduated with an MBA from KEDGE (Marseille) and is certified as an INSEAD International Director.

Aprecomm harnesses the power of AI to provide a unique applications suite that enables service providers to create self-optimizing and self-healing broadband networks.

Our quality-of-experience engine monitors and optimizes WiFi performance to ensure consumers enjoy the best possible internet experience. At the same time, our cloud-based support applications leverage real-time data to predict and resolve customer service issues before they happen, saving providers time and money.

Aprecomm manages over 7 million home and business locations, partnering with more than 45 service providers worldwide.

We’re making intuitive, self-healing networks a reality.

Follow Aprecomm on LinkedIn here.

#IntuitiveNetworks
#BringingJoyToOnline

Visit www.aprecomm.ai to discover more.

Press contact:

corporatecomms@aprecomm.ai

[1] Various industry estimates
[2] Excitel case study

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Centric PLM for Food & Beverage and Grocery Tackle Tariffs Head-On

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Real-time data, cost simulation and supplier management are all strategies employed by Centric PLM to combat tariff uncertainty

CAMPBELL, Calif., April 28, 2025 /PRNewswire-PRWeb/ — Centric Software provides the most innovative enterprise solutions to plan, formulate, develop, procure, manufacture and sell consumer goods products in food & beverage, grocery, fashion and multi-category retail to achieve strategic and operational digital transformation goals.

With the recent burst of tariff activity, food & beverage companies and grocery retailers are faced with widely fluctuating ingredient costs. Changes in regulations are happening day-by-day and consumer response is also factoring into sales, so there is no time for consultation and lengthy analyses; response to tariffs must be reactive and swift.

Real-time access to data becomes crucial in today’s circumstances. A modern PLM solution has modules that can facilitate agile product development, enabling companies to quickly adapt to market changes. By streamlining collaboration and workflow processes, food & beverage and grocery companies can revamp their offerings or develop new products that cater to evolving consumer demands and benefit from AI-functionalities like least cost formulation to protect margins. Agility is necessary for maintaining market relevance amid shifting market conditions.

With Centric PLM, companies can evaluate and compare suppliers, simulate costing scenarios, adjust landed cost calculations, support multi-sourcing strategies and facilitate quick supplier revision requests. With AI formula matching, developers get a head start in formulating the next new product. Centric PLM also manages packaging: from briefs, to specifications to artwork and labeling. Ingredient and nutrition label information is pulled directly from PLM into packaging, eliminating the chance for error when transferring data manually between systems.

To improve consumer experience across all touchpoints, Centric PXMTM, Centric product experience management, combines product information management (PIM), digital asset management (DAM), content syndication to e-comm sites, marketplaces and social media and digital shelf analytics (DSA). It captures demand signals from digital sales channels and shows consumer behavior in real-time, creating a continuous feedback loop, so brands can quickly adjust products, pricing and inventory to personalize customer experiences and increase sell-through in response to whatever the current conditions are.

Traditional ways of managing tariffs, often siloed within finance or sourcing teams no longer provide the visibility or speed businesses need to stay competitive. Navigating tariffs involves more than understanding costs; it also requires compliance with evolving international trade regulations. Non-compliance can lead to penalties and operational disruptions. Being aware of the latest regulatory changes through a comprehensive tech platform is key. Centric PLM integrates with regulatory databases like USDA FoodData Central, SR Legacy and CIQUAL. A partnership with the global regulatory and food safety service provider FoodChain ID, provides users with access to 220 global regulatory libraries.

“Completely market-driven, the breadth of Centric Software’s AI-powered technology solutions covers the end-to-end product lifecycle,” says Chris Groves, CEO of Centric Software. “Centric solutions, including PLM and PXM, provide robustness to food companies whose ingredients often hail from all corners of the globe. During times of economic volatility, Centric solutions equip food & beverage producers and retailers, including grocery which is often a diverse range of consumer goods products, to better handle market and supply chain disruptions.”

Learn how to mitigate retail uncertainty with Centric’s Tariff Hub

Request a demo 

Media Contact

Celia Newhouse, Centric Software, +14385015498, cnewhouse@centricsoftware.com, www.centricsoftware.com

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Innodisk Paves the Way for Next-Gen Data Centers with its First PCIe Gen5 SSD Series

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TAIPEI, April 29, 2025 /PRNewswire/ — Innodisk, a leading industrial-grade flash storage provider, announces the launch of its latest PCIe Gen5 SSD series, designed to meet the OCP Data Center NVMe SSD spec v2.0 and the increasing demands of AI model training, big data analytics, and data-intensive environments.  

The new series supports multiple form factors, including U.2, as well as EDSFF E1.S, E3.S, and the brand-new E3.L for data center applications, catering to the diverse needs of enterprise and data center environments. This marks a new chapter for Innodisk in further fulfilling enterprise demands.

The Innodisk PCIe Gen5 SSD, built with the latest PCIe Gen 5 x4 interface and NVMe 2.0 protocol, overcomes the speed and latency limitations of traditional storage interfaces. With up to 128TB of high-density NAND storage, it delivers speeds of up to 14GB/s (read) and 10GB/s (write), enabling lightning-fast data transfers for data-intensive applications.

Enterprise data centers managing large-scale storage deployments and multi-tiered environments often require out-of-band and batch management capabilities, which present growing challenges. Innodisk PCIe Gen5 SSD addresses these demands with NVMe-MI for streamlined SSD management and multi-namespace support, ensuring scalable and efficient storage operations.

To ensure high quality and alignment with market trends, the PCIe Gen5 SSD aims to enhance integration with industry-leading data center standards, such as OCP Data Center NVMe SSD spec v2.0. Additionally, it is intended to be built for seamless integration with VMware, optimizing compatibility with virtualized environments and overall system performance.

Innodisk’s PCIe Gen5 SSD also features advanced security mechanisms, ensuring robust data protection and seamless integration. Secure Boot technology authenticates digital signatures during firmware updates, preventing unauthorized modifications and ensuring that only trusted firmware is executed.  

Other than that, Innodisk offers exceptional extensive firmware compatibility and customizable solutions, ensuring seamless integration into diverse enterprise environments.  

The Innodisk PCIe Gen5 SSD will be available starting Q2 2025. For more information, please visit www.innodisk.com.

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