Computing giant IBM have announced that the world's fastest computer chip, a microprocessor in a new version of an IBM mainframe, will begin shipping from September 10.
The need for speed
IBM say the world record breaking chip is necessary for banks and retailers to manage huge quantities of data as business transactions dramatically increase and as the world becomes more inter-connected.
The company sight a study carried out by Berg Insight that forecasts an increase in mobile banking users going from the current 55 million to 894 million in the next 5 years. This trend is driving the need to create faster technology to cope with increased workloads.
The new zEnterprise technology, as it is called, is the result of IBM investing over $1.5 billion in research and development and collaborating with some of IBM's premier clients around the globe.
The chip, z196, contains 1.4 billion transistors on a 512 square millimeter surface and clocks in at a record breaking 5.2GHz.
The server that uses these chips, the New zEnterprise 196, contain 96 of the new microprocessors capable of executing an astonishing 50 billion instructions per second! That's equivalent, say IBM, to 17,000 times more instructions that the best IBM system available in 1970.