Cadence Leverages IBM Cloud HPC to Accelerate Electronic Chip and System Design Software Development

ARMONK, N.Y., May 3, 2023 /PRNewswire/ -- Today, IBM (IBM: NYSE) announced Cadence Design Systems, Inc. (Nasdaq: CDNS), is leveraging high-performance computing (HPC) with IBM Cloud HPC to help develop its chip and system design software faster. Using IBM HPC both on-prem and on IBM Cloud, Cadence can take advantage of the solution to address compute demand peaks while helping to mitigate the risk of downtime, which benefits enablement of strategic R&D work. For IBM clients like Cadence, demanding HPC workloads require higher utilization capabilities, and with a hybrid cloud solution, they can better manage peak workloads. Bringing IBM's longstanding experience in workload management and scheduling with IBM Spectrum LSF together with IBM Cloud for HPC provides the Cadence team with added value. As enterprises like Cadence work continuously to remain competitive, IBM Cloud HPC helps overcome large-scale, compute-intensive challenges and speed time to insight.