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Journalism of Courage
PUNE, Jan 8: Centre for Development of Advanced Computing (C-DAC), Pune, which designed and developed the PARAM series of supercomputers, will be exporting to Man-Drapeau Research Pvt Ltd, Singapore an end-to-end solution for financial modelling for investment analysis and risk management wih its latest PARAM 10000 series of Supercomputers.
This project works on data-mining, a specialised field which is highly relevant in today’s knowledge economy where there is a premium on extracting useful information from the enormous of data present for applications in business intelligence and risk-management. Highly sophisticated scientific techniques like artificial intelligence, mathematical modelling coupled with state-of-the-art IT tools are being deployed to achieve this goal.
C-DAC has already commissioned PARAM 10000 in Education and Research sector at Amrita Institute of Technology & Science, Coimbatore and is also offering PARAM 10000 for electronic governance of Andhra Pradesh. Executive director of C-DAC R K Arora said the development of PARAM 10000 had placed India amongst the league of nations, that are advancing in the frontiers of supercomputing in the teraflops range.
