When your HPC hardware is getting old and starts to fail, and when your team begins to have trouble replacing hard drives, and when costly problems start to arise with your power units; what do you do?
Do you buy new hardware and replace the on-premise cluster?
Or do you look for a more innovative solution with better prospects for the long term?
Fabio Trojani, a Professor of Finance at the Geneva Finance Research Institute (GFRI) of the University of Geneva and a Senior Chair of the Swiss Finance Institute, took the innovative route.
There were two major drivers behind the Professor choosing to do something new. Firstly, he recognised that the flow of computational projects on his on-premise HPC cluster was not consistent. There were peak times when the research team needed unlimited resources, and then weeks would pass with the HPC environment sitting idle. Secondly, the cost of cooling and powering was greater than the cost of setting up an entirely cloud-based Infrastructure-as-a-Service (IaaS) environment.
Read this case study to learn how the Professor built a highly agile, cloud based infrastructure for his team, at a fraction of the cost of an on-premise environment.
Read the case study here.