Acceleware

Infobox_Company
company_name = Acceleware Corp.
company_type = Public (TSX-V: AXE: [http://www.tsx.com/HttpController?GetPage=QuotesLookupPage&DetailedView=DetailedPrices&Market=T&Language=en&QuoteSymbol_1=axe] )
foundation = 2004
location = Calgary, Alberta
flagicon|Canada CANADA
key_people = Sean Krakiwsky, "Founder, President & CEO"
Ryan Schneider, "Founder & CTO"
Michal Okoniewsky, "Founder & Chief Scientist"
Terry Sydoryk, "COO"
Norman Tsui, "CFO"
industry = High Performance Computing
products = Hardware Acceleration Software
slogan = "Processing Superpower"
num_employees = 40 (Q2 2008)
homepage = [http://www.acceleware.com acceleware.com]

Acceleware Corp. (abbreviated AXE; TSX-V|AXE) is a Calgary based software development company, producing software that enables software vendors to utilize parallel processing, multi-core hardware environments without having to modify their applications.

Product lines include the Accelerator, ClusterInABox (Dual, Quad and rack mounted configurations) and AxRecon for accelerating computer simulations and data processing applications.

Acceleware solutions can be found in such: electromagnetics, oil and gas, medical imaging, security imaging, industrial product design, consumer product design, financial research, and academic research.

General History

Acceleware was founded in 2004, in Calgary Alberta Canada. Extensive research on special-purpose hardware was conducted, and Acceleware discovered its aptitude for accelerating scientific computing software applications. Graphics processing units (GPUs) became the main hardware focus, as the parallel processing capabilities and extremely high memory bandwidth made it superior for accelerating scientific applications. [web cite |url=http://www.firingsquad.com/matrix/blog.asp/12941/409/NVIDIA_8800GTX_EXPOSED_AND_EXPLOITED|title=NVIDIA 8800 GTX Exposed and Exploited|date=2007]

GPU Computing (using a graphics processing unit to compute mathematical algorithms), parallelizes complex tasks so that many equations may be calculated at one time, as opposed to CPU Computing which requires these tasks to be done in sequence. This parallelization results in reducing time and costs required for highly complex and intensive simulations. [web cite |url=http://www.mpi-inf.mpg.de/~strzodka/papers/public/GoStMo_07scalability.pdf|title=Exploring weak scalability for FEM calculations on a GPU-enhanced cluster|date=2007]

In January 2008, Acceleware entered into the seismic market, providing hardware acceleration for seismic migrations, a logical progression as they are based in Calgary, Canada one of the world’s hub for oil and gas activity. [web cite |url=http://www.bnn.ca/servlet/HTMLTemplate/!robVideo/robtv0726.20070126.00047000-00047262-clip2/h/220asf/|title=ROB TV|date=2007]

In March 2008, Acceleware also entered into the imaging reconstruction market to provide fast CT image reconstruction. The technology utilizes accelerated algorithms, such as filtered back-projection image reconstruction, to increase the speed of operations and quality of their end results.

Acceleware sells its product through distribution partners in its specific verticals (Electromagnetics [web cite |url=http://news.bbc.co.uk/1/hi/technology/7079701.stm|title=Graphics Chips Rev Up Research Results|date=9 November 2007] , Seismic Migration and Imaging. Partners include NVIDIA, Agilent, Schmid & Partners Engineering AG (SPEAG), Computer Simulations Technology (CST), Synopsys, as well as others.

Milestones

Today

• July 2008 - Acceleware undergoes a management restructuring and a major downsizing due to poor market conditions [web cite |url=http://www.marketwire.com/press-release/Acceleware-Corp-TSX-VENTURE-AXE-881786.html|title=Acceleware Completes Management Restructuring, Reduces Expenditures and Refocuses Business Plan Following Withdrawal of Short Form Prospectus Offering|date=22 July 2008]

• March 2008 - Acceleware enters the Image Reconstruction market

• January 2008 - Acceleware enters the Seismic Migration market

2007

• January – NVIDIA invests $3 million [web cite |url=http://www.edn.com/article/CA6408991.html?text=?text=acceleware13|title=NVIDIA invests $2.9M in Acceleware|date=22 January 2007]

2006

• January – Acceleware goes public on the TSX Venture Exchange (Symbol: AXE)

2005

• Accelerator V1.0 is launched at IEEE MTT-S IMS for the Electromagnetic Simulation market

Acceleware Products

Acceleware products are created to utilize the parallel processing capabilities of NVIDIA GPUs to allow consumers to process difficult simulations and reconstructions.

References