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SAN JOSE, Calif., December 11, 2019 – Tachyum Inc. has been named one of the “Most Valuable Brands of the Year” as an emerging company by IndustryWired Magazine, a leading industry resource for helping today’s entrepreneurs build tomorrow’s leading businesses.
This annual “Brands of the Year” issue highlights emerging companies’ unique value propositions and how they have worked to provide more cohesive solutions to customers for better productivity and growth. It also emphasizes the executives who have worked diligently making their brands impossible to ignore in the competitive market. Tachyum was selected by the IndustryWired research analysts and editorial board for inclusion based on the expectation that the company will unlock unprecedented performance, power efficiency, and cost advantages to solve the most complex problems in Big Data analytics, deep learning, mobile and large-scale computing.
The company will achieve this goal behind its Prodigy Universal Processor Chip, the smallest and fastest general purpose, 64-core processor developed to date, requiring 10x less processor power, and reducing processor cost by 3x. Prodigy will directly enable a 32-Tensor Exaflop supercomputer and allow the building of machines more powerful than the human brain by 2021, years ahead of industry expectations. Prodigy reduces data center TCO (annual total cost of ownership) by 4x, through its disruptive processor architecture and a smart compiler that has made many parts of the hardware found in typical processors redundant. Fewer transistors, fewer and shorter wires, due to a smaller, simpler core, translates into much greater speed and power efficiency for the Prodigy processor.
“We have worked diligently to develop Tachyum as a differentiator in the marketplace by developing the world’s first Universal Processor, which will replace the majority of existing chips provisioned in hyperscale data centers,” said Dr. Radoslav Danilak, CEO of Tachyum. “We are pleased that our efforts to offer significant improvements in performance, energy consumption, server utilization and space requirements has attracted the attention of ind trade publications like IndustryWired. Being named as one of the Brands of the Year for our emerging company is a testament to the entire team at Tachyum, who are working diligently to put the company at the forefront of the next big wave in the data processing revolution.”
IndustryWired is an independently published global media company that covers real-time business practices, insightful analysis and unprecedented interviews directly from industry leaders who highlight their success stories, challenges, lessons learned and their major contributions to their respective industries. The digital edition of IndustryWired’s special edition featuring Tachyum is currently available at https://industrywired.com/The-Most-Valuable- Brands-of-the-Year-2019/ and includes an in-depth conversation with Danilak as part of its coverage.
Named for the Greek prefix “tachy,” meaning speed, combined with the suffix “-um,” indicating an element (e.g. lithium), Tachyum is meant to evoke the notion of “an element of speed”. Tachyum emerged from stealth mode in 2017 to engineer disruptive intelligent information processing products. Tachyum’s founders have a track record of solving problems caused by device physics in semiconductors, to deliver transformational products to global markets, and are backed by IPM Growth, the Central & Eastern European venture capital platform, as Tachyum’s lead investor.