Trinity College Spinout Company Xcelerit Receives Top European Computing Award

May 14, 2012

The TCD Campus company Xcelerit recently won the Partnership for Advanced Computing in Europe Award (PRACE) for ‘Most Innovative High-Performance Computing Application in Europe’.

The new software spin-out from the SFI funded CTVR telecommunications research centre based in Trinity, specialises in cross platform acceleration tools for financial services, engineering and scientific research. 

“The CTVR team had been working on projects that focused on the design of innovative wireless communications system and we realised that there was a significant market opportunity for a simplified and unified method to leverage the processing power of these platforms for domain specialists in many compute-intensive application areas,” stated Xcelerit CEO and Co-Founder Hicham Lahlou. “There are many different application areas out there where huge compute power is needed but the domain specialists don't have the time to learn about the technicalities of hardware accelerators. Our system lets them focus on the problem, while we take care of the performance.”

Formed in 2010, with assistance from the Trinity College’s Research and Innovation Office, Xcelerit has been growing, adding people to it sales, software development and business development areas. The company is now focusing in on the financial services sector where it believes there is huge potential for growth.

Chairman of the PRACE scientific steering committee, Prof Richard Kenway
presents the award to Xcelerit CEO, Hicham Lahlou