Parallel computing finds mainstream uses
Article Abstract:
Parallel-processing supercomputers, until recently used only for research, are now being used for commercial purposes. For example, Prudential Securities uses a parallel supercomputer to accomplish risk analysis for mortgage-backed securities. By using the parallel computer, an analysis can be done so fast that results can be delivered to a customer during a phone call. Parallel-processing computers are likely to be especially important in the financial-services industry because market statistics often must be used quickly or they become obsolete. Credit-card companies are using parallel-processing machines: American Express, for example, recently purchased two computers from Thinking Machines Corp. Kmart is also using a parallel supercomputer, from Teradata Corp.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Digital finds being pilfered can help sales
Article Abstract:
DEC minicomputers, such as VAX machines or the PDP-11 design, have long been popular in East Bloc countries. DEC's designs were often stolen and copied there. The Commerce Department estimates that there are 80,000 copies of DEC's machines in Eastern Europe. Now that restrictions on trade between the West and the East are eased, there is an unexpected benefit. DEC now finds that there is an installed base of machines that are compatible with its products. In East European markets, DEC is finding users and customers even where it has not ever done any business.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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