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Submission + - Amazon hails era of 'utility supercomputing' (

sweetpea86 writes: Cloud computing giant Amazon Web Services is heralding the era of utility supercomputing, whereby massive computational resources and storage requirements can be accessed on demand. Speaking at the launch of Intel's Xeon E5 processor family in London this week, AWS technology evangelist in residence, Dr. Matt Wood, said that scientific and financial organisations with massive computational demands will be able to rent resources from the cloud, enabling them to do their work without having to invest in huge infrastructure.

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