The data around enterprises in bulging up and therefore requires a high amount of mathematical calculations and computational capabilities to resolve business issues. High-performance computing was earlier used for training and simulation, a navigation system, and mostly in defense and aerospace.
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The core banking solutions market is segmented on the basis of deployment, solution and service. By deployment segment the market consists of cloud and on-premise. Cloud based core banking solution enable users by offering less maintenance and development cost that enables banks to focus more on customers and market. It offers adaptable technology model that provides reduction in usage of IT hardware.
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