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New report shows parallel processing gaining widespread acceptance; Market for high-end parallel systems sees 40 percent growth.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 28, 1995--According to a new study released by the Palo Alto Management Group (PAMG), the market for parallel processing systems will see a 40 percent growth for 1995 and will continue to increase at an annual rate greater than 40 percent to more than $14 billion by 1999.

The forecast is even more bullish than the one PAMG issued last year, which called for the parallel processing systems market to reach $8.4 billion by the end of 1998.

"Our five-year forecast now calls for the parallel processing systems industry to reach $14.3 billion by 1999," said Michael P. Burwen, president of PAMG. "With annual growth rate exceeding 40 percent, it is likely that the $20 billion mark will be surpassed early in the new century."

Burwen's firm is an international consulting organization that provides market, product and strategic planning services to organizations concerned with the direction and acquisition of advanced technologies.

"Our research strongly indicates that as third-party software designed for parallel processing has come into play, ease-of-use and other technical problems that inhibited development of parallel computing technology in the past are now much less of a problem," said Burwen.

"Many new vendors are entering this attractive market space. The biggest challenge for these firms over the next five years will be to develop a competitive position that not only keeps them in the game but also moves them toward profitability."

Details of the PAMG study have been printed in a 180-page, in-depth report titled "Massively Parallel Processing: Computing For The 90's," 3rd edition. The report details the markets, the competition and the applications. The report is particularly useful for companies evaluating the myriad of high-end computing alternatives and the options presented by the implementation of parallel processing. For more information on this report, contact Bob Bockrath at 415/968-4374, or e-mail PAMG at

The Palo Alto Management Group was founded in 1981. In addition to providing technology consulting services, the firm also manages the Superperformance Computing Service, one of the world's leading information resources concentrating on the unique needs of users and vendors of high-performance computing systems and networks.

CONTACT: Palo Alto Management Group

Bob Bockrath, 415/968-4374

415/968-4245 FAX


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Publication:Business Wire
Date:Nov 28, 1995
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