Eurotech: business prospects after the double in the Green 500

Amaro (Italy) – July 1st, 2013 - Eurotech, a leading provider of embedded and supercomputing technologies, is preparing to capitalize on the prestigious entrance on the first and second place in the Green 500, the ranking of the most energy-efficient supercomputers in the world.

“The double of the first and second place in the Green 500 is a nice card with which we can present ourselves to potential customers”, said President and CEO of Eurotech, Roberto Siagri. “According to some recent estimates, presented in April at the HPC User Forum Meeting, the world market of supercomputers has a size of about 11 billion dollars. In particular, the European one, where we can also play the card of the local producer, is estimated at $ 3.3 billion.”

The HPC market has scored the best quarterly result ever in the third quarter of 2012, and the growth forecast for the next 5 years is about 7 percent each year. (http://www.hpcuserforum.com/presentations/tuscon2013/EarlApril2013Meetingslides.pdf)

“The European Commission, for the years to come, has a planned investment of more than one billion euro per year”, added Siagri; “we expect that our proven technology leadership will allow us from now on to take a path of accelerated double-digit growth in sales of our HPC business unit, to bring it already in 2014 towards 10% of the total turnover of the Group.”



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