IBM CORP. SPONSORS
SUPERCOMPUTER CONTESTLEXINGTON, Ky. - IBM Corp. is sponsoring a supercomputing competition and offering $200,000 in prizes for papers that describe innovative applications for the company's largest and most powerful computers.
IBM said the contest, open to authors in the United States and Canada, is hoped to inspire new supercomputer applications in four categories; physical sciences and mathematics; engineering; life and health sciences; and social sciences, humanities and fine arts.
First, second and third prizes of $25,000, $15,000 and $10,000 will be available for each category. A college or university providing support for the first prize winner will receive an additional $10,000.
EDI GROWTH RATES
EXPECTED TO FALL
WASHINGTON - The Computer and Business Equipment Manufacturers Association said worldwide growth rates for computers and other information technology are likely to fall between now and 1993.
Only telecommunications equipment will buck the trend, the association said.
Global revenues of the information technology industry in 1988 totaled $604.7 billion, up 11.2 percent from the previous year, the association said.
The figure includes computers and other electronic data processing equipment, $304 billion; office equipment, $62.1 billion; telecommunications equipment, $112.2 billion; as well as software and services, $126.4 billion.
The CBEMA said information industry revenues grew at an average annual rate of 10.8 percent over the period 1980-88. But that growth rate, it said, is projected to decrease to 8.7 percent a year for the period from 1988 through 1993.
The slowdown prediction reflects economic conditions worldwide and the slight recession that is forecast near the beginning of next year, the report said.