July 26, 2006 at 01:02 PM
International Business Machines Corp. has introduced a version of a high-powered number-crunching system designed for insurance company actuaries.
The IBM Grid and Grow for Actuarial Analysis system can cut computing time for a difficult problem to hours, from weeks, by assigning portions of a problem to many different computers linked to a network, according to IBM, Armonk, N.Y.
A grid, managed by the IBM BladeCenter system, can mimic the performance of a supercomputer, IBM says.
IBM first introduced the basic, general-purpose version of the system in August 2005.
A package that includes IBM hardware, software and services starts at $100,000 for the components that come from IBM.
Customers will have to pay extra for system components that come from other vendors, IBM says.
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