4iG-led consortium wins supercomputer contract

Innovation

Image by Shutterstock.com. For illustration purposes only.

Listed IT company 4iG on Tuesday said a consortium it leads won a contract from the Governmental Information Technology Development Agency to participate in a project to set up a 5 petaflop supercomputer in Debrecen (195 km east of Budapest).

The contract is worth net HUF 3.1 bln. 4iG's share is net HUF 1.9 bln.

The government launched the supercomputer project - supported by HUF 6 bln in European Union funding - in the fall. The supercomputer will be ready to use in 2022.

ADVERTISEMENT

MKB Q1-Q3 Earnings Climb 16% Banking

MKB Q1-Q3 Earnings Climb 16%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

European Shoppers Reveal Holiday Habits  Retail

European Shoppers Reveal Holiday Habits 

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.