Ontonix and SCS Sign Collaboration Agreement
/Como, March 14-th 2014. Ontonix, and SCS Super Computing Solutions, a CINECA company, have signed a partnership agreement, aiming at joint development of OntoNet™ MPP and solution of the so-called Extreme Problems. Such problems are generally multi-disciplinary in nature and involve millions of variables. Their solution requires non-traditional model-free approaches such as those developed by Ontonix and offered in its Quantitative Complexity Management (QCM) engine Ontonet™.
"Extreme Problems are very difficult to treat with conventional means and generally lead to states of persistent inefficiency, huge losses and/or delays. In the majority of cases, this is caused by hidden and excessive complexity. It is therefore paramount to re-formulate such problems from a totally new perspective, aiming at the quantification of complexity and determining its makeup" said Dr. J. Marczyk, President of Ontonix. "The scalar version of OntoNet™ is able to tackle problems of moderate size, involving thousands of variables. The development of a Massively Parallel Processing (MPP) version of our QCM engine will allow us to attack problems of a totally different magnitude and nature" he added. "Our partnership with SCS is not only of strategic importance to Ontonix, it allows us to develop new success-fee-based business models" he concluded.
For information on Extreme Problems visit website.