STOCK TITAN

CGG Launches Outcome-as-a-Service Offering for HPC and AI Solutions  

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
AI
Rhea-AI Summary
CGG - CGG Announces Launch of Outcome-as-a-Service (OaaS) Offering for HPC and AI Solutions. The new OaaS offering provides customized, cost-effective HPC and AI solutions for scientific and engineering domains, removing the need for significant CAPEX and unpredictable usage-based billing. It leverages the latest compute technology and a novel commercial model to deliver industrialized HPC solutions for AI, simulation, and modelling. Agnès Boudot, EVP, HPC & Cloud Solutions, CGG, emphasizes the goal of helping high-tech industries optimize their workflows and meet business objectives cost-effectively.
Positive
  • None.
Negative
  • None.

Paris, France – November 13, 2023

CGG, a global technology & HPC leader, is proud to announce the launch of its new Outcome-as-a-Service (OaaS) offering, designed to deliver customized, capability-focused HPC and AI solutions for scientific and engineering domains including generative AI and life sciences.

OaaS offers a guaranteed cost-effective approach for users wanting to transition their HPC and AI workloads to a production-based model aligned with their business objectives. It removes the requirement for significant CAPEX and avoids unpredictable usage-based billing.

With decades of experience in the design, operation, and optimization of Industrial HPC in geoscience, experts from CGG's AI & HPC Centre of Excellence, work closely with clients to streamline demanding workloads on its specialized HPC Cloud platform.

The combination of the latest compute technology, including AMD EPYC™ Genoa CPUs, Intel® Xeon® Sapphire Rapids CPUs and Nvidia® H100 GPUs, together with the novel OaaS commercial model will deliver an industrialized HPC solution that is ideal for AI, as well as workload-intensive simulation and modelling in areas such as molecular dynamics.

This new HPC offering reinforces CGG’s proven commitment to provide sustainable solutions that bring industry-leading performance, at industrial scale, to intensive AI and scientific workloads through developing the most appropriate computing solution for each production workload.

Agnès Boudot, EVP, HPC & Cloud Solutions, CGG, said: "We're excited to be the first market player to introduce the innovative OaaS offering, addressing the growing trend of users seeking more productive and sustainable HPC and AI solutions. Our goal is to help high-tech industries optimize their HPC workflows and meet their business objectives cost-effectively, leveraging our unique technology, recognized expertise and high-quality service delivery model."

About CGG

CGG (www.cgg.com) is a global technology and HPC leader that provides data, products, services and solutions in Earth science, data science, sensing and monitoring. Our unique portfolio supports our clients in efficiently and responsibly solving complex digital, energy transition, natural resource, environmental, and infrastructure challenges for a more sustainable future. CGG employs around 3,400 people worldwide.

Contacts

Group Communications & Investor Relations

Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: christophe.barnini@cgg.com

 
 

 

Attachment


FAQ

What is CGG's new offering?

CGG has announced the launch of its new Outcome-as-a-Service (OaaS) offering, providing customized, cost-effective HPC and AI solutions for scientific and engineering domains.

What are the benefits of OaaS?

OaaS removes the need for significant CAPEX and unpredictable usage-based billing, offering a guaranteed cost-effective approach for users wanting to transition their HPC and AI workloads to a production-based model aligned with their business objectives.

Who is leading the OaaS initiative at CGG?

Agnès Boudot, EVP, HPC & Cloud Solutions, CGG, is leading the OaaS initiative and emphasizes the goal of helping high-tech industries optimize their workflows and meet business objectives cost-effectively.

CGG

:CGG

CGG Rankings

CGG Latest News

CGG Stock Data