This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Queensland University Of Technology Selects SGI To Advance Broad Research Charter

Stocks in this article: SGI

SGI (NASDAQ: SGI), the trusted leader in technical computing, today announced that the Queensland University of Technology ( QUT) has added 54 new processor nodes supplied by SGI as part of an ongoing and significant upgrade to the high performance computing (HPC) system in place at the university. The upgrade features 864 cores powered by Intel® Xeon® processor E5-2600 series. Each node has 16 cores and 128GB memory to handle the increase in demand for data-intensive processing, and for processing that requires a larger memory instance. An SGI® UV™ 10 with 32 cores and 1TB of memory will also be integrated into the upgrade.

QUT has recognised that (HPC) infrastructure is a critical tool to support leading edge research efforts. In recent years, QUT’s computational processing requirements have been growing at the rate of 30% every six months and it was recognised that the current system would not meet demand during 2012. The SGI cluster will enable the university to continue its efforts in a number of research areas including Aviation and Airport environments, Biomedical Engineering, Smart Transport, Water and Environmental, Robotics, BioInformatics, Information Retrieval and Data Mining, Civil Engineering, Energy and Materials research. The goal of this initiative is to allow the university to sustain its distinguished track record in modelling, simulation and the analysis of critical problems faced by society.

“As a part of a longer-term plan, QUT is building a $230M Science and Engineering Centre (SEC) which will open in 2012 and house 500 academic staff and students,” said Chris Bridge, director of Information Technology Services at QUT. “It will address crucial community infrastructure development issues lying at the intersections of greenhouse emissions, energy consumption, land use, construction technologies and materials research. The crucial building blocks underpinning the SEC research program are mathematics, computation, simulation and e-research where increasingly complex computational challenges need to be addressed. These new developments, along with QUT’s expanding research profile, were the driving force behind this HPC upgrade.”

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs