Cray Inc. (cray)

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A Supercomputer to the Rescue in the Gulf of Mexico (CRAY)
A Significant Partnership Gets Underway Relying on Processing Mass Amounts of Data…

By Dennis Askew
Sep 12, 2012 11:12:01 AM PDT

I’ve written positively on Cray Inc. (NASDAQ:CRAY) in the past; seeing the Company’s supercomputers in use at the CIA which I saw on network television. I like the way the Company jumped on “Cloud Computing” early on and garnered a large and continuing market share.

Two weeks ago CRAY entered a deal with the Consortium for Advanced Research on Transport of Hydrocarbon in the Environment (CARTHE), in collaboration with the University of Miami Center for Computational Science (CCS).

CARTHE will acquire a Cray XE6m supercomputer as part of the organization's goal to develop and improve computational tools to accurately predict the fate of hydrocarbons released into the environment during normal and hurricane weather conditions.

"This supercomputer is more important than ever to our project in light of Hurricane Isaac cutting directly through our on-going experiment in the Gulf of Mexico. Data collected during the hurricane may help shed light on how pollutants behave should an oil spill occur before or during a major weather event like Hurricane Isaac," said Tamay Özgökmen, CARTHE director.

The Cray XE6m supercomputer, which will be located at the University of Miami's Rosentiel School of Marine & Atmospheric Science (RSMAS for a CARTHE program that is studying the surface ocean currents that transport pollutants in real time.

Gasoline that serves as fuel for automobiles consists primarily of hydrocarbons and though the majority of hydrocarbons are found naturally in decomposed organic matter, industry and crude oil production produces hydrocarbons which can be harmful if inhaled. Hydrocarbons contribute to the formation of ozone in the atmosphere and are considered to be pollutants.

In the middle of last month I also saw this on network television in a report about how a server farm loaded with Cray’s supercomputers can digest and disseminate a near uncalcuable amount of data.

The report came on the heals on CRAY announcing its next-generation supercomputer code-named "Cascade" will be available with NVIDIA Tesla GPUs and the new Intel Xeon Phi coprocessors.

"Cascade will be the first system to combine three key technologies: the latest Intel Xeon CPUs, Cray's next-generation Aries system interconnect, and new Tesla Kepler-based GPUs, the highest performance, most energy-efficient accelerators ever built," said Sumit Gupta, senior director of the Tesla business unit at NVIDIA. "This combination enables applications to scale to tens of thousands of CPU-GPU nodes to solve the world's most complex scientific computing problems."

A good summer for Cray…

In July, Cray announced it had signed a contract with the Commonwealth Scientific and Industrial Research Organization (CSIRO) to provide the Pawsey Centre in Perth, Australia with a Cascade supercomputer and a next-generation Cray Sonexion storage system as part of a $21 million agreement.

Cray announced in June that it will install a Cascade supercomputer and a next-generation Cray Sonexion storage system at the Department of Energy's National Energy Research Scientific Computing Center (NERSC) in Berkeley, California as part of a $40 million supercomputing agreement.

Bouncing back from a dip shares of CRAY are trading in the $11.91 range today; $1.02 off its 52-week high. There’s been a little normal profit-taking today of the top of the run-up.

I haven’t, don’t, and do not intend on holding any of the companies mentioned in this article.
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http://www.smallcapnetwork.com/A-Supercomputer-to-the-Rescue-in-the-Gulf-of-Mexico-CRAY/s/via/14/article/view/p/mid/1/id/1020/

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