BIG DATA
Intel, Rogue Wave Software to demonstrate milestone in parallel computing
Collaboration achieves linear scalability on multicore chips using Rogue Wave Hydra: Intel and Rogue Wave Software, Inc., the leader in enterprise class C++ components and infrastructure, today announced that they will jointly demonstrate results of recent performance tests of Intel's latest Xeon server and Rogue Wave's Hydra at the 2008 High Performance on Wall Street Conference. These tests have demonstrated how service parallelism can help achieve linear scalability on multicore architecture, addressing a significant computing issue facing the financial services industry. The demonstrations will be conducted in booth #224, on September 22, 2008 at the Roosevelt Hotel in New York City. For more information on the conference, which is entitled "Low Latency, Acceleration and Agility in the Financial Markets," visit its Web site. Intel and Rogue Wave Software conducted performance tests on the scalability achieved when running on the new generation of Intel's Xeon Server, codenamed "Dunnington." The 24 core server showed better than linear throughput increase, processing more than 3x as many transactions per second as its 8 core predecessor. Using Hydra's service parallelism, these numbers were achieved without having to modify the software application to be multi-threaded, which is typically required.
"The results of these tests represent a milestone in high performance computing, particularly for the financial services sector," said Thomas Gaunt, senior vice president worldwide sales and marketing at Rogue Wave. "Working with industry leaders like Intel, Rogue Wave can show firms how to make this migration economical and successful through service parallelism."
"The days are over where financial services firms could count on steady increases in processor speed in order to meet the need for greater computing power," added Gaunt. "More and more, these companies will have to find ways to fully exploit multicore servers to meet the growing demands of volume and complex transactions. IT departments can pursue a 'wrap and extend' strategy with the right tools to unlock new ways to more efficiently process growing volumes of increasingly complex transaction data required in financial services."
"IT managers use tools such as Hydra to migrate existing mainframe or RISC-based applications to Intel Xeon-based systems," said Rick Jacobsen, director of Financial Services Marketing. "We are seeing customers move from legacy hardware solutions to our multicore platforms to gain the performance they need at lower costs."