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Cray CEO to Speak on the Convergence of Big Data and Supercomputing at TechIgnite Conference

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03/21/2017 | 08:02am CET

SEATTLE, March 21, 2017 (GLOBE NEWSWIRE) -- Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today announced that the company’s President and CEO, Peter Ungaro, will give a presentation on “The Convergence of Big Data and Supercomputing” at TechIgnite, a IEEE Computer Society conference exploring the trends, threats, and truth behind technology.

The convergence of artificial intelligence technologies and supercomputing at scale is happening now. As a featured speaker at TechIgnite’s “AI and Machine Learning” track, Ungaro’s presentation will examine how the convergence of big data and modeling and simulation run on supercomputing platforms at scale is creating new opportunities for organizations to discover innovative ways of extracting value from massive data sets.

Other TechIgnite speakers include Apple co-founder Steve Wozniak, Tony Jebara, director of machine learning at Netflix, William Ruh, CEO for GE Digital, and more.

TechIgnite will take place on March 21-22, 2017 at the Hyatt Regency San Francisco Airport Hotel in Burlingame, CA. Ungaro’s presentation will be held at 2:00pm PT on Wednesday, March 22. A complete list of TechIgnite speakers is available online via the following URL: http://techignite.computer.org/speakers/.

About Cray Inc.
Global supercomputing leader Cray Inc. (Nasdaq:CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging more than 40 years of experience in developing and servicing the world’s most advanced supercomputers, Cray offers a comprehensive portfolio of supercomputers and big data storage and analytics solutions delivering unrivaled performance, efficiency and scalability. Cray’s Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to meet the market’s continued demand for realized performance. Go to www.cray.com for more information.

Cray, and the stylized CRAY mark are registered trademarks of Cray Inc. in the United States and other countries. Other product and service names mentioned herein are the trademarks of their respective owners.

Cray Media:
Nick Davis
206/701-2123
pr@cray.com

Cray Investors:
Paul Hiemstra
206/701-2044
ir@cray.com  

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© GlobeNewswire 2017
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Financials ($)
Sales 2017 585 M
EBIT 2017 -6,37 M
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
Capi. / Sales 2017 1,44x
Capi. / Sales 2018 1,25x
Capitalization 843 M
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Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 25,0 $
Spread / Average Target 21%
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NameTitle
Peter J. Ungaro President, Chief Executive Officer & Director
Stephen C. Kiely Non-Executive Chairman
Wayne J. Kugel Senior VP-Operations & Customer Support
Brian C. Henry Chief Financial Officer & Executive Vice President
Steven Lee Scott Chief Technology Officer & Senior Vice President
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