International Tech Leaders, Investors converging on NZ

New Zealand. February 22, 2012

"International Tech Leaders and Investors converging on New Zealand to kick start hi-tech Software Industry”

Senior Directors, Investors and Scientists from Industry Leaders like Intel, ARM, Google, Microsoft, Oracle, CSIRO and Cisco are coming from the US, UK and Australia to join NZ successful companies at the end of March and contribute to kick start a New Software Industry

James Reinders (Director, Chief Software Evangelist. Intel, US); John Goodacre (Director, Processor Division. ARM, UK); Dr. Tim Cornwell (Project Lead, ASKAP. CSIRO, Australia), Jorge Kaplan (Managing Director. Nufami, US) and Steve Teixeira (Director, Parallel Computing Platform. Microsoft, US) are some of the 10 international confirmed guest speakers at Multicore World 2012 in Wellington.

Her Worship the Mayor of Wellington, Celia Wade-Brown will open Multicore World on Tuesday 27 March at the Town Hall. International speakers will then discuss along local successful companies Open Parallel, Catalyst IT, GreenButton and Movac how New Zealand is launching an ecosystem of software communities, industry, investors, academia and entrepreneurs creating original software solutions.

What is Multicore?

Since the advent of computers, and later of the internet, the processing of massive amounts of data has been growing. Industry has been increasing computing power for decades, but the trend towards increasing speed of processing has reached the physical barrier. Vendors cannot put more processing power into a chip, without overheating it. To solve the problem, vendors changed the architecture, building more processors into a single chip, calling them multicore chips.

New multicore chips are also more power efficient, and the potential processing power is absolutely unheard of, which will not only allow users to do things faster, but also add more, and new, conditions to the current problems. Now it is possible to imagine applications that have not been possible before.

There are huge opportunities to create new software that will take full advantage of thousands of cores in a chip, plus all the range of services, solutions and systems integration in between. This is an ideal ground for the fertile mind of the entrepreneurs, investors, technologists, software communities and businesses within New Zealand, Australia and our region. It is mainstream but it is a niche new technology.

Open Parallel recognised this opportunity many years ago and now organises Multicore World 2012, to gather under the same roof, investors, academics, researchers, engineers, software developers and members of industry to present what Multicore can do for your organisation TODAY.

Multicore World has a unique approach by combining presentations about technology with investment and software development. One of the first investors in Trade Me and current Chairman of the Angel Investors Association of New Zealand Phil McCaw will speak about “Investing in Multicore”. In the same session Jorge Kaplan, from a New York based Family Office will discuss his firm's investment approach towards new technologies.

Nicolás Erdödy, Open Parallel's Founder highlighted that the conference and the model of building a new industry around multicore software from New Zealand is gathering strong global interest. The best proof are the number of world-class speakers coming for its first edition and the direct support from global leaders like ARM, Google and Intel.

The main goal of the conference is to provide IT decision makers being C-level executives as well as software community leaders with the knowledge and the connections they need to make valid business and technology decisions in terms of their multicore software and hardware requirements over the coming years.

ENDS

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