High Performance Computing Key for Economic Development

Total Croatia News

The world is going to change quickly and nobody can ignore that.

The fourth industrial revolution is based on the High Performance Computing (HPC) and whoever remains outside of this trend will find themselves in the dead end of the global economy. This was the conclusion of a forum about HPC for small and medium sized businesses that was held at the Croatian Chamber of Economy, reports tportal.hr on April 26, 2016.

The HPC technology represents an integration of complex algorithms, strong computing systems and fast network infrastructure, in order to efficiently, reliably and quickly implement complex programs and achieve high performance, the participants explained.

“Those outside of the computing are outside of competition. There is simply no success without computing”, said Karolj Skala from the Ruđer Bošković Institute, adding that HPC also pertains to the network-oriented, self-organizing distributed autonomous systems. “Europe has been trying to persuade small and medium sized businesses to use HPC technology. It is not easy to be a leader in this process, but it certainly does pay off”, added Skala.

With an aim to point out to Croatian entrepreneurs the benefits of the advanced computing in the form of HPC technology, Tome Antičić, director of the Ruđer Bošković Institute, said that the link between economy and science is much stronger in developed countries than it is in Croatia. “There is no competition nor are there competitive products without innovation, and every innovation is preceded by quality research”, said Antičić.

According to him, in the next few decades the world is going to change more quickly than in the last few centuries. If Croatia does not adjust to the latest trends, including HPC, said Antičić, it is going to face stagnation or a collapse and even more dramatic brain drain, as well as even higher unemployment and poverty rates and it will become increasingly irrelevant in the international market.

During the forum, it was explained that Croatian small and medium sized businesses have at their disposal significant EU funds that are disbursed via several public competitions. One of them “Fortissimo”, amounting to 1.3 million euros, is currently open for applications.

 

Subscribe to our newsletter

the fields marked with * are required
Email: *
First name:
Last name:
Gender: Male Female
Country:
Birthday:
Please don't insert text in the box below!

Leave a Comment