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Meeting the challenges that computing at the exascale poses requires research and development on a global scale. Worldwide a number of exascale research programmes are now being created to tackle these challenges.

The European Union announced the start of its exascale research programme in October 2011 with the funding of three complementary Framework 7 research projects. The CRESTA, DEEP and Mont-Blanc projects, with a combined funding of 25 million, will each study different aspects of the exascale challenge using a co-design model spanning hardware, systemware and software applications.

This funding represents the first tranche in a sustained investment in exascale research by Europe.