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"In 1998, biotech upstart Celera Genomics needed a supercomputer to help it map the human genome. It didn't turn to IBM , which built 204 of the 500 fastest supercomputers. Both Celera and its academic competition, the Human Genome Project, used machines built by Compaq Computer. Two years later, Compaq is the leading seller of supercomputers to biological researchers.
But IBM noticed that biologists now need microprocessors as much as microscopes. A year ago, it used $100 million to start a division that sells computers, software and services to biotechnology and drug companies. This life sciences division has had some success; pulling into second place behind Compaq, it must do better."
redux [05.21.01]
Business 2.0 Tech Giants Court The Genome Crowd"According to scientists, decoding the human genome is the most complicated civilian computational problem ever tackled, and the data generated by genomics has been doubling every six months. Proteomics eventually will generate 100 times more data than genomics and require 1,000-times more computing power.
"We don't need an evolution in computing, we need a revolution . The normal increase in CPU power is just not enough," says Marshall Peterson, vice president of infrastructure development for Celera. "This is what we call Venter's law-it states that biology will outpace Moore's law. Fast makes the difference in the very beginning of a market, but we won't be at this stage for long.""
redux [04.20.01]
USNews.Com Bytes and bits meet biotech"Life science is the fastest-growing sector in the market for high-performance supercomputers already, and the real boom is yet to come. "DNA is digital information," says James Pierce, a professor at Philadelphia's University of the Sciences. "Life is an expression of information; that's why it's so beautifully adaptable to computers." The computer industry is adaptable, too. IBM is rushing to sell life-sciences companies everything from supercomputers to E-commerce tools, while the burgeoning market for biochips, tiny silicon wafers embedded with genetic material, has attracted high-tech powerhouses such as Motorola, Corning, and Agilent. In the new merger of infotech and biotech, biologists and drug companies will spur advances in computing power while computer geeks will play a pivotal role in the drive to treat disease."
redux [04.01.01]
BusinessWeek Bioinformatics"The reason for this sudden feeding frenzy? Sales growth. Although analysts estimate that bioinformatics will grow into a $2 billion dollar industry in the next five years, most IT companies believe the payoffs will be much higher. An internal study commissioned by IBM, for instance, predicts that when the markets for high-performance computing, storage, and e-commerce combine with that of data management, the worldwide market for IT products and services in the life-sciences sector will swell to $43 billion by 2004. Looking at these kinds of numbers, "now is not the time to think small,'' says Caroline A. Kovac, vice-president of IBM's Global Life Sciences Business Unit."
“Bioinformatics will be at the core of biology in the 21st century. In fields ranging from structural biology to genomics to biomedical imaging, ready access to data and analytical tools are fundamentally changing the way investigators in the life sciences conduct research and approach problems. Complex, computationally intensive biological problems are now being addressed and promise to significantly advance our understanding of biology and medicine. No biological discipline will be unaffected by these technological breakthroughs.”
BIOINFORMATICS IN THE 21st CENTURY
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