 | |
| Industry | Software |
|---|---|
| Founded | 2011 |
| Founder | Joris Poort Adam McKenzie |
| Headquarters | San Francisco, California |
| Products | Cloud computing |
Number of employees | 180 |
| Website | rescale.com |
Rescale is a software technology company that provides "Intelligent Computing for Digital R&D", with a focus on high-performance computing, cloud management, and computer aided engineering.
Rescale helps organizations across industries accelerate science and engineering breakthroughs by eliminating computing complexity. Rescale offers high-performance computing as-a-service to organizations through automation on a hybrid cloud control plane with security, architecture, and financial controls. Design Engineering magazine describes Rescale as "...a good fit for manufacturers who need to run complex simulation and optimization jobs, but don't have the HPC hardware required." [1]
As of 2015, Rescale established the largest globally available HPC network which enables hybrid and multi-cloud operations across major cloud service providers and on-premises data centers. [2] Rescale provides IT and HPC practitioners with access to computing architectures targeted to workloads in the aerospace, automotive, pharmaceutical, computational genomics, manufacturing, electronic design automation, and semiconductor industries.
Founded in 2011 in San Francisco, California, by Joris Poort (CEO) and Adam McKenzie (CTO), Rescale launched in Y Combinator [3] and has been recognized as a top company multiple times, and as recently as 2023. [4] At Boeing, Poort and McKenzie, the founders, created software technology that achieved $180 million in savings by optimizing the 787 Dreamliner's weight. [5]
Rescale received investment funding from high-profile investors including Sam Altman, Jeff Bezos, [6] Richard Branson, Chris Dixon, [7] Paul Graham, and Peter Thiel. [8] [9] [10] [11] Notable corporate and venture capital investors include Nvidia, M12 (venture capital) arm of (Microsoft), Hitachi, Samsung, Initialized Capital, and Andreessen Horowitz. By 2022, Rescale had raised over $200 million and reached a valuation of over $1 billion, making it the first unicorn company in cloud high performance computing. [12]
Rescale has strategic partnerships with major cloud infrastructure providers Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Oracle Cloud Platform and with engineering software companies in the computer aided engineering space including ANSYS, AutoForm, [13] Siemens Digital Industries Software, [14] Dassault Systemes [15] and MSC Software. [16]
A supercomputer is a computer with a high level of performance as compared to a general-purpose computer. The performance of a supercomputer is commonly measured in floating-point operations per second (FLOPS) instead of million instructions per second (MIPS). Since 2017, supercomputers have existed which can perform over 1017 FLOPS (a hundred quadrillion FLOPS, 100 petaFLOPS or 100 PFLOPS). For comparison, a desktop computer has performance in the range of hundreds of gigaFLOPS (1011) to tens of teraFLOPS (1013). Since November 2017, all of the world's fastest 500 supercomputers run on Linux-based operating systems. Additional research is being conducted in the United States, the European Union, Taiwan, Japan, and China to build faster, more powerful and technologically superior exascale supercomputers.
Bentley Systems, Incorporated is an American-based software development company that develops, manufactures, licenses, sells and supports computer software and services for the design, construction, and operation of infrastructure. The company's software serves the building, plant, civil, and geospatial markets in the areas of architecture, engineering, construction (AEC) and operations. Their software products are used to design, engineer, build, and operate large constructed assets such as roadways, railways, bridges, buildings, industrial plants, power plants, and utility networks. The company re-invests 20% of their revenues in research and development.
Mechatronics engineering, also called mechatronics, is an interdisciplinary branch of engineering that focuses on the integration of mechanical engineering, electrical engineering, electronic engineering and software engineering, and also includes a combination of robotics, computer science, telecommunications, systems, control, and product engineering.
High-performance computing (HPC) uses supercomputers and computer clusters to solve advanced computation problems.
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Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan. It provides software and cloud solutions for simulation, IoT, high performance computing (HPC), data analytics, and artificial intelligence (AI). Altair Engineering is the creator of the HyperWorks CAE software product, among numerous other software packages and suites. The company was founded in 1985 and went public in 2017. It is traded on the Nasdaq stock exchange under the stock ticker symbol ALTR.
Univa was a software company that developed workload management and cloud management products for compute-intensive applications in the data center and across public, private, and hybrid clouds, before being acquired by Altair Engineering in September 2020.
Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user. Large clouds often have functions distributed over multiple locations, each of which is a data center. Cloud computing relies on sharing of resources to achieve coherence and typically uses a pay-as-you-go model, which can help in reducing capital expenses but may also lead to unexpected operating expenses for users.
Dynamic Infrastructure is an information technology concept related to the design of data centers, whereby the underlying hardware and software can respond dynamically and more efficiently to changing levels of demand. In other words, data center assets such as storage and processing power can be provisioned to meet surges in user's needs. The concept has also been referred to as Infrastructure 2.0 and Next Generation Data Center.
modeFRONTIER is a software solution for simulation process automation and design exploration developed by ESTECO, an Italian engineering software house. modeFRONTIER leverages advanced optimization algorithms and methodologies and enables engineers to find optimal solutions for complex engineering problems. Its workflow-based environment and multi-objective optimization algorithms are used for streamlining the engineering design process and obtaining improved results.
Techila Distributed Computing Engine is a commercial grid computing software product. It speeds up simulation, analysis and other computational applications by enabling scalability across the IT resources in user's on-premises data center and in the user's own cloud account. Techila Distributed Computing Engine is developed and licensed by Techila Technologies Ltd, a privately held company headquartered in Tampere, Finland. The product is also available as an on-demand solution in Google Cloud Launcher, the online marketplace created and operated by Google. According to IDC, the solution enables organizations to create HPC infrastructure without the major capital investments and operating expenses required by new HPC hardware.
NX, formerly known as "unigraphics", is an advanced high-end CAD/CAM/CAE, which has been owned since 2007 by Siemens Digital Industries Software. In 2000, Unigraphics purchased SDRC I-DEAS and began an effort to integrate aspects of both software packages into a single product which became Unigraphics NX or NX.
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Siemens Digital Industries Software is an American computer software company specializing in 3D & 2D Product Lifecycle Management (PLM) software. The company is a business unit of Siemens, operates under the legal name of Siemens Industry Software Inc, and is headquartered in Plano, Texas.
Joris Poort is an American businessman and entrepreneur. He is the founder and chief executive officer of the enterprise software firm Rescale. Silicon Valley insiders have referred to Poort as "a silent genius". He is known for developing innovative computing technologies for engineers and scientists evangelizing use of high-performance computing and supercomputing in the cloud.
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