Despite the consolidation of hardware that grid computing could represent, Sun's Dutra isn't worried about the company's sales.
Once thing is clear: once all the technical challenges of grid computing have been overcome, hardware will have become a true commodity.
Financial services uses grid computing more than other industries because it runs thousands of jobs simultaneously, as in Monte Carlo simulations for risk, Fisher said.
The other significant aspect and benefit of the UNESCO-HP project is related to building the capacity of faculty and students on the use of grid computing technology.
Grid computing attempts to connect up the islands of processing power and data in the world's universities and to standardise ways of interrogating data and calling on huge amounts of computer power.
Our priorities for the coming months include facilitating more hands-on training on the use of grid computing technology, publicizing its application, connecting to existing grid and getting more experts from the Diaspora to participate in the project.
These training sessions and other publicity programs have engendered sufficient interest among faculty and students on the use of grid computing technology, however, the low bandwidth challenges being experienced by the University as well as non linkage to existing grids has limited the use of the technology by faculty and students.
P2P, from legitimate content distribution such as individuals sharing their family photos or their home-recorded music online to grid-computing.
"This is a very real sign of the shift from the private data center to the public grid for computing, " says Carr.
Today, we are increasingly moving towards more distributed forms of computing, including the use of grid and cloud computing infrastructures (also similar to what BU, MIT, Harvard, Northeastern and UMass are doing with the Massachusetts Green High-Performance Computing Center).
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Hadoop requires you to run and manage a huge computing grid.
Bird, 55, who is project leader for the computing grid, says the detectors can put out more data than his computers can handle, enough to fill the biggest computer disk drive in a fraction of a second.
The resources of those individual machines will then be pooled to create a massive computing "grid, " a virtual computer that is more powerful than the fastest supercomputers.
Sun's announcement marks the information technology industry's latest step toward "utility computing, " a grid system in which companies pipe in data processing and storage from faraway server farms, says Nicholas Carr, author of The Big Switch, a book on utility computing published earlier this week.
But the distributed computing allowed by the revamped power grid could introduce a new economic paradigm - what Mr Rifkin calls "distributed capitalism".
But these opportunities also poses a challenge: As more and more devices get connected to the Internet including computers, smartphones, innovative cloud computing platforms, and smart-grid tools each of them is going to require an Internet Protocol (IP) address.
Thus computing based on the Internet is like a grid designed to deliver information and resources as reliably as power companies deliver electricity.
Future packages for a year's computing power might have the customer pay up front, pay later, pay now and run down an account, or draw computing power from a general-purpose "grid" of computers run by Sun.
Why donate time and computing processes for cancer research through the World Community Grid project, of course.
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As with the Internet, scientific computing will be the first to benefit from the Grid and the first to have to deal with the Grid's teething problems.
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And we created new pillars for long term growth with Project SHIELD and NVIDIA GRID -- first-of-their-kind devices that will extend our leadership in visual computing into mobile and the cloud.
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