DGAP-News: Northern Data AG
/ Key word(s): Miscellaneous
PRESS RELEASE - Significant expansion step due to high demand for HPC infrastructure - Further locations shortly before commissioning - Computing power of 404 Petaflops by the end of Q1/2021
As CEO Aroosh Thillainathan commented: "With the smooth and rapid expansion of our GPU cluster, now including our first European location, we are moving to meet the very high demand for stable, reliable and cost-efficient High-Performance Computing infrastructure. Our highly specialized teams have done an excellent job over the past few months to lay this foundation for future growth in a very short timespan. We are well on course, and thanks to our GPU cluster, we shall be offering HPC services in the fields of artificial intelligence, deep learning, research and rendering as early as the first half of next year, with maximum scalability and optimum time- and cost-efficiency." The cooling technology to be deployed in the Netherlands data center is based on an air-cooling system developed by the Company itself, which delivers an excellent PUE (Power Usage Effectiveness) figure of between 1.05 and 1.04. The PUE value indicates the level of energy being consumed by a computing facility relative to the energy actually delivered to the computing equipment. PUEs of 2.0 are regarded as average, 1.5 as efficient and figures less than 1.2 as very efficient. In addition to the proprietary cooling technology, the Maastricht facility will make use of Northern Data's own management software, which enables the documentation and rapid configuration and commissioning of the server hardware. The software automates the entire process of continuously optimizing the operating parameters of the servers and the entire HPC data center itself.
This new facility in the Netherlands is the first of several new locations for Northern Data AG, which, due to the high demand, also intends to establish HPC data centers in Germany, Scandinavia and Canada. Investor Relations:
25.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Northern Data AG |
Thurn-und-Taxis-Platz 6 | |
60313 Frankfurt/Main | |
Germany | |
Phone: | +49 69 34 87 52 25 |
E-mail: | info@northerndata.de |
Internet: | www.northerndata.de |
ISIN: | DE000A0SMU87 |
WKN: | A0SMU8 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange |
EQS News ID: | 1150519 |
End of News | DGAP News Service |
1150519 25.11.2020