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Samsung SDS invests in Bitfusion, a US GPU virtualization technology company.
Published2018.05.10 11:21Samsung SDS announced that it has invested in Bitfusion, a US-based GPU virtualization technology company, through Samsung Venture Investment.
Bitfusion possesses technology that efficiently manages GPU (Graphic Processing Unit) resources virtualized for high-performance computing, such as artificial intelligence services, autonomous vehicles, and big data analysis.
GPUs can process large amounts of data quickly compared to CPUs (Central Processing Units), which process data serially, and are therefore in high demand in the market.
Applying Bitfusion technology to cloud services will increase GPU performance by 2-4 times and reduce costs by up to 50%, thereby strengthening Samsung SDS's competitiveness in the cloud business.
Samsung SDS is fostering its cloud business by securing cutting-edge technologies through strategic partnerships with global cloud providers such as Amazon, Microsoft, and Oracle, and by collaborating with leading cloud companies such as Virtustream and Spotinst.
Kim Ho, Vice President and Head of the Cloud Business Division at Samsung SDS, emphasized, “Through this investment, we will be able to enhance the competitiveness of Samsung SDS’s cloud business by applying Bitfusion’s differentiated technology.”
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