HP has unveiled a new service that allows enterprises to meet peak demands in computing power.
The technology vendor has been offering utility computing services to individual enterprise users since 1999. However, the new Flexible Computing Services allow customers to tap into servers that are hosted and maintained by HP.
The retail grid service will, for now, primarily target customers that run large scale analysis or simulations, for instance the oil and gas industry, financial services, health sciences and software developers.
The service was initially set up for the Dreamworks animation studio to render the movies Shrek2 and Madagascar. Dreamworks is one of HP's main reference customers.
HP's new service is similar to the Sun Grid, where Sun Microsystems offers computing cycles for rent at a flat for of $1 per CPU hour. HP's offering doesn't have a flat fee, but will have fluctuating prices that go up and down to meet the laws of supply and demand.
Sun's grid service appears to be struggling. While the vendor maintains that the service is successful, Sun has yet to reveal any customer deals.
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